This post is in two parts.
First, would I be correct in thinking that telecoms companies would be the safest shares to invest in? My reasoning being that irrespective of the economic climate, communications are critical. It wouldn't matter if the world went into a deflationary, or inflationary depression, or peak oil savagely curtailed world trade and travel. Or even if the world economies grew healthily over the next few years. Communtcatons will always be critical. Ie: Telstra?
Secondly, I notice telstra's dividend is about 10%. If bought $25,000 of Telstra shares, did nothing but reinvest the dividend, with compound growth, that $25,000 would be $100,000 in just 16 years, even if I added nothing to the portfolio over that 16 year period.
To me that seems like a better return that virtually anything else I can think of.
Comments would be very welcome