Drew Meredith

speaker

386 appearances 1 recordings 1 series first heard Jan 2023 last heard Jan 2023

Drew Meredith’s voice in public audio — every appearance, attributed to the second.

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Australian Finance Podcast · 📈 3 dividend income stocks for 2023 | ft. financial adviser Drew Meredith · 26 Jan 2023 podcast

We're talking too long.

Not me.

I'm an old guy.

Well, they were told then to separate their business, structurally separate, sell off their infrastructure, remove the monopoly.

And they said no and didn't even bid for the NBN.

So, it could have been.

And that triggered 10 years of just being competed out of the industry and selling off a couple of wires and not being able to essentially make any money.

So, what I'm – yeah.

There you go.

I see the digital infrastructure theme as being pretty powerful and 5G central to that.

Patchy speeds and super expensive.

That's why all your modem, your NBM modems have got 5G backups.

Yeah.

And they're all backed by Telstra generally.

But I think your point is right, though.

You don't want to buy a dividend stock that's losing.

Yeah.

You don't want to cannibalize your capital.

So most people that have got it have probably got a return of 8% for the last five years, but it's all been dividend.

Yeah.

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