You must hold a position in at least one telecommunication company within your Roth IRA stock portfolio. VZ or T will be around for many, many years. It is key to invest in companies with long term growth, a large portion of their industries' market share, and you must actually like the company! I know the experts may not tell you that, but liking companies that you own stock in really makes is a win-win situation. If you are a shareholder in a company that you like, you will find yourself talking about the company more and more to your friends and family.
Let's get down to business. If you invested $200.00 into VZ and T today (using the information listed below, $400.00 total) and did not touch it for the next 30 years you would have increased your balance to $1,046.12 for VZ and $1,205.27 for T. An net profit of $1,851.39 total. Just think of the amount of money you would have in your account if you invested $25.00 per month into VZ and T ($50.00 per month total). This is an excellent plan to secure your financial future, by investing what you can afford. You do not need to be a millionarie or the smartest guy in the world to get your piece of the market. Don't hesitate, now is the time to invest in your future!
I hope you had a great day today and good luck tomorrow!
AT&T Inc. Current Stock Price $27.88
Quarterly dividend 0.43
Current Dividend Yield 6.17%
Mkt cap 165.22B
Investor Relations
Verizon Communications Inc. Current Stock Price $35.25
Quarterly Dividend 0.50
Current Dividend Yield 5.67%
Mkt cap 99.78B