Quote:
Originally Posted by GregWeld
Totally agree with you .... and that dividend being paid is what carries you over the lows... that cash just keeps going ka-ching!
EEEEEEEEEHHHHHHHAAAAAAA
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Yes Sir...And You are right on not being too invested in one area..
I try to be ready to weather the downs and also keep enough liquid assets, not cash, to buy at those depressed times. I believe that as in 2008, I am not in a panic position to need to sell..Money management in personal life really helps..
I could have made a lot more money in the last few years, but I wanted to just keep the income stream going rather than swing for the fence..
Hindsight says it was the best move, and not buying dirt in the mid 2000's , turns out to be genius..