Originally Posted by medford
I think I'd rather have Phillip Morris international for the long run than Altria right now. Actually I do, I sold off MO and the Kraft spin off some time ago and held onto the Phillip MOrris International (PM) spin off. MO has been very good to me over the years, steady stream of dividends and I made a pretty nice profit off of MO, Kraft and now PM
I decided to do the moral thing and buy PM because it didn't effect any Americans! I owned MO for a couple of years, loved the dividend, sold it because I thought it had hit the top end of its range. It was a mistake because I could have held onto it and just collected the 6%. I picked up PM because of the growth as well as the growing dividend.
I haven't really read or follow much of Dave Ramsey. I have just heard that he can get extreme. Some people need that type of advice to get their finances in order. But what I have found out is that in even some of the bad investment books I have read (there are many) you can find good solid advice in them.