Quote:
Originally Posted by GregWeld
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. |
True.. Especially for those not needing the money for years...Why watch the balance ?? If you did the research, and bought the right stuff, over time...bingo...
So your point of research, buying, holding, not buying into the volatility, and the media noise.. Are all good to recap
Because if you and I are not worried about the fluctuations, others should not.. their money is going to work for a long time before they take an income stream..
Those 400 and 500 point swings in 2011 , would swing the balance so much that I cannot mention the amounts..
But in the end, my mix held strong, and I lived off the dividends.
I truly believe 2012 will be as volatile, and I reserve comment for 2013 until later..
But When the time is right, a recap for all the listeners please...
I love to hear opinion of those with money at work... I will never know enough..
