Quote:
Originally Posted by solarguy09
Last thing..I don't really look at my total balance..it may go up and down due to some of my plays..
I am concerned with income stream, and the dividends..A certain asset i own may go down in balance, but it pays 6 to 14%. depending on the asset, but the point i guess, is that the dividend gets paid, and the income stream is there..
Also I am spread out , and some of these plays are very small in the mix..
|
See --- that's where you and I are exactly the same kind of investor
I look at the investment -- it goes up - it goes down... but what I look at is the dividend stream. If you invest $200,000 and it's paying you 5% per year in dividends - it's spinning off $10,000 a year in income... do I care if it's "down" $5,000 or even $20,000 temporarily? NOPE.... Own it over a 3 or 5 year period -- it's going to be UP and it will be kicking out that cash!
What I'm trying to get others to think about is that cash that you and I live on NOW -- is the same cash that will BUILD UP and buy more shares and snowball for everyone else. Either way - it's a win win.