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Treasury ETFs Are Paying Up to 5%: Why Chasing the Highest Yield Could Be a Costly Mistake

With short-term Treasury yields above 4% and longer-term government bonds offering more than 5%, investors have an unusual opportunity to earn meaningful income without taking corporate credit risk. But the difference between a three-month Treasury ETF and a long-term bond fund could determine whether investors preserve their capital or suffer substantial losses. There is something particularly appealing about earning 5% on an investment backed by the United States government. No quarterly earnings calls to worry about, no disappointing product launches, no executives explaining why spending another $40 billion on artificial intelligence will somehow become profitable eventually. Just government securities paying interest while investors get on with their lives. Unfortunately, Wall Street has a remarkable talent for making even relatively straightforward investments more complicated than they initially appear. Consider the Treasury market as of November 3, 2026. According to the U.S. D...
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AbbVie Just Raised Its Dividend Again: Is This 2.52% Yield Worth Buying, or Has the Market Already Priced In the Good News?

AbbVie has increased its dividend by 5.2%, raised its earnings outlook, and delivered impressive growth from its two leading immunology drugs. But with shares trading near $289, substantial debt on the balance sheet, and an expensive acquisition strategy, dividend investors need to look beyond the latest payout increase. There is something reassuring about a company that keeps increasing its dividend. While Wall Street spends its days obsessing over artificial intelligence, economic forecasts, and whatever financial catastrophe happens to be fashionable this week, dividend investors tend to appreciate something considerably less complicated: a business that earns money and shares a portion of it with its owners. Unfortunately, a growing dividend does not automatically make a stock a good investment. That brings me to AbbVie (NYSE: ABBV), one of the more interesting dividend-growth stories in the pharmaceutical industry. On October 30, 2026, AbbVie announced that it would increase its q...

Altria Raised Its Dividend Again—But One-Third of Smokers Are Now Buying Discount Cigarettes

STOCK ANALYSIS | DIVIDEND INVESTING | NOVEMBER 2, 2026 Altria keeps raising prices, growing earnings, and sending shareholders their quarterly checks. Unfortunately, its customers are increasingly looking at Marlboro's premium prices and deciding their loyalty has a spending limit. NYSE: MO Q3 2026 Earnings Analysis Adjusted Q3 EPS $1.52 +4.8% YoY Annual dividend $4.44 +4.7% Discount share 34.1% +2.0 pp YoY Source: Altria's October 29, 2026 third-quarter earnings release. Altria Group, Inc.+1 Altria Raised Its Dividend Again—But One-Third of Smokers Are Now Buying Discount Cigarettes By Tony Hicks | November 2, 2026 There's something almost admirable about a company that can sell fewer products every year, charge increasingly outrageous prices for the remaining ones, and somehow convince Wall Street that everything is going according to plan. Welcome to Altria Group (NYSE: MO), where the customer base keeps shrinking, the prices keep climbing, and shareholders continue coll...

Microsoft Spent $45 Billion on Infrastructure and Still Generated $18.6 Billion in Free Cash Flow. Meanwhile, Wall Street Is Having an Existential Crisis.

Stock Analysis | MSFT | November 1, 2026 MICROSOFT FY2027 Q1 — QUARTER ENDED SEPTEMBER 30, 2026 $92.3B Revenue +19% year over year 48% Azure growth Year over year $45.2B Capital expenditure Includes finance-lease commencements $18.6B Free cash flow After cash property and equipment spending Source: Microsoft's October 28, 2026 earnings release and conference call. Microsoft+1 Microsoft Spent $45 Billion on Infrastructure and Still Generated $18.6 Billion in Free Cash Flow Why Microsoft's latest earnings make the AI spending panic look a little premature—and why I'm still not writing a blank check to Satya Nadella. I've been watching Wall Street wrestle with artificial intelligence spending for what feels like an eternity, and I've come to one conclusion: investors have developed an extraordinary talent for demanding growth while simultaneously complaining about the money required to produce it. They want artificial intelligence to revolutionize the global economy. T...
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