Since we are navigating tricky waves in the stock markets , a safe bet is to invest in stocks that provide decent dividend yields and where you are in no hurry to sell out .
From an evolutionary perspective, it has been important for us to prioritize negative stimuli (threats such as predators) over positive stimuli (enjoying the warmth of a summer’s day).
To counterbalance this tendency, we can adopt a bias towards the positive as we consume news. In practical terms, this means seeking positive news stories to balance out our experience of staying updated.
Today I am proposing stocks from the petroleum companies in India. These companies refine petroleum pretty efficiently , and also sell lpg and other value added products.
IOC indulges in many national building activities too and focuses on CSR. They are also venturing aggresively into the EV space.
These companies are subject to vagaries in the international crude prices and also the downslide of our currency . However they have also stayed put over the years and you will be impressed by their historic performance.
The dividend yields are all in double digits and presently they are available at a steal and you can fetch handsome returns.
I have made a brief analysis in the video below on the yields and hope you find the same useful .
https://www.youtube.com/watch?v=lyCAbt_Z89c&t=57s
Comments