In the technology industry, it can be exciting to chase the
current hot stocks with the promise to become a household giant such as Google,
Microsoft, or Apple. But for every
Facebook, there is a MySpace. For every
Google, there is an Ask Jeeves. When we
are looking for stocks that can protect our retirement assets, sometimes boring
companies that make the products that run in the background of the technology
industry can provide solid long term cash flow that can grow our retirement
funds with more stability than a company dependent on the next hot
product. We want companies that are a
bit safer yet participate in the overall growth in the industry. We are looking for stocks that can provide
both current income through a solid dividend and appreciation potential for our
portfolios through free cash flow growth.
The first step is to look for companies that will provide us
with a good yield in this low rate environment and have a history of growing
that dividend. We are starting with
stocks that have a current yield above 2% and have grown that dividend over the
past 5 years…
Source: Forbes