If I Were Building a Portfolio From Scratch With $10,000, I'd Anchor It With This Rock-Solid Dividend Stock.
Splashy growth stocks are exciting. You don't invest for entertainment, though, particularly if you're new. Getting started on a firm footing allows you to be selectively aggressive in the future.
Overview
There's some investing wisdom that can only come from experience. I know, because I've lived it. While I didn't do too badly as a new investor, after being in the market -- and in the business -- for nearly three decades, I know I'd do things very differently if I were just starting today. I'd speculate less on splashy growth stocks and aim for more recurring income, largely through dividends.
And there's one dividend name in particular I'd make a point of making a foundational holding. That's beverage company Coca-Cola (NYSE: KO). Here's why.
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Originally published at www.fool.com.