Even with dividend tax rates going up and even if growth and earnings come under pressure as a result of consumers spending less, your portfolio is going to be very happy to at least have regular dividend income arriving while we all collectively sit on our hands and wait this economic downturn out.
In the first half of 2013, we have federal tax-and-spending battles to look forward to. In the second half, we have fears of the Affordable Care Act taxes and regulations starting in 2014. If we pull out of the recession and the market moves higher, these stocks stand to profit and go along for the ride too: Seagate Technology (STX), US Bancorp (USB), J&J (JNJ) and AT&T (T).
Source: The Street
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Posted by D4L | Thursday, January 10, 2013 | ArticleLinks | 0 comments »________________________________________________________________
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