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Originally Posted by solarguy09
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I got a good chuckle out of that.... So that was my "lesson" on "earnings season".... this time around "earnings" seem to be going OUR WAY.... they can easily go the other way.... but I was trying to bring them up so people might pay just a bit of attention to them and to get a relationship of what happens to the market "in general".... so the next time we're in "the season" -- people will understand what the heck the talking heads are squawking about.
RE: Unrealized gains -- and the market
When I started 2011 I had great gains going into the beginning of the year - then thru summer (the summer swoon = Sell in May and go away) - all my gains were erased and I went negative (I used that period to ADD to positions)... and by the end of the year I had all my gains back plus (and I'd collected all those wonderful dividends on top of that!)
FOLKS READING THIS --- Let me tell you that when things are going WELL -- it's real easy to be an investor! It's easy to look real smart - and everything you touch turns to gold.... I can tell you that when things go south -- it's FAR FAR HARDER TO BUY and STAY INVESTED.... and everything you do looks like you're an idiot. THAT is when you go back to the charts -- look at them -- long term -- look at that dividend -- and look at what you're into... and sit back and relax. That's when you need to be COMFORTABLE with what you own. That will test your fortitude... it will push every panic button... and you'll quickly find out your "tolerance" levels. If you panic and SELL during these periods -- I'll be the guy buying the shares you're dumping and I'll pick up the gains when they come back....
