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CNBC Stock Blog
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RDM Financial Group's Ron Weiner has two important guideposts in his investment strategy: Think long-range, and consider telecoms.
"If you've got a three-month outlook, everything's scary; if you've got a three-year outlook, everything's cheap," he told CNBC.
And he offered a few more guidelines: "High yields (get paid while you wait); mostly U.S.; have about 20 percent in cash; buy on dips; stay away from foreign small-cap, mid-cap; and short Treasurys," he said.
Recommendations:
Now, about those telecoms:
"AT&T [T
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] reaffirmed their dividend again; I have no idea what three months is going to yield for us, but I want to get paid while I'm waiting," he noted. "Verizon [VZ
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], still growing, taking market share, doing well."
Disclosures:
Disclosure information for Ron Weiner was not immediately available.
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