NEW YORK (TheStreet) -- It makes sense for most long-term investors to put at least some of their loot into speculative positions. I invest anywhere from 10% to 20% of my portfolio in ultraspeculative stocks such as Pandora (P) and Wendy's (WEN) and growth plays that don't pay dividends, such as Madison Square Garden (MSG).
The core of my portfolio, however, sits firmly in growth companies paying generally stable and increasing dividends.
In this article, I discuss two dividend stocks to consider buying and one to avoid.
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