Ep. 34 Should I Buy Stocks Because of Their High Dividend Yield? Then joined by Ben Madden from Allied Cleaning Services

Send us Fan MailMadison and Mike discuss why investors might be drawn to high dividend yields, such as the potential for steady income and the allure of getting returns without waiting for stock appreciation. However, Mike cautions against the risks, including the possibility that a high yield might result from a declining stock price or unsustainable payouts. He also advises against focusing solely on high dividend yield stocks and instead considering a broader investment strategy, aiming for a globally diversified portfolio based on other factors. Later, we sit down with Ben Madden, the owner of Allied Cleaning Services, a well-established local business in Yardley. Ben shares the story of how the company was founded by his father 43 years ago and the journey of taking over and expanding the business. He discusses the range of services they offer, including residential and commercial cleaning, windows, floors, carpets and power washing. We delve into the importance of quality work and strong customer relationships, with Ben emphasizing how word-of-mouth and community referrals have been vital to their success. Allied Cleaning Services website: https://www.allied-cleaning.com/Allied Cleaning Facebook: https://www.facebook.com/AlliedCleaningServicesLLCAllied Cleaning Instagram: https://www.instagram.com/allied.cleaning.llc/Allied Cleaning phone number: 215-493-0759