Quote:
Originally Posted by 96z28ss
Guy shows a good example of what just $5k will do in MCD. I of course bought high, and have been in the red the whole time on this but I'm holding it long term 30+ years.
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EXACTLY -- because if you go back and look at the chart -- it's low on the left and climbs steadily to the right... and there's no reason to believe that it's somehow - after you bought it - going to start a long term decline. In the meantime - they send you money every quarter as a reward. WTF is not to like about that?
I'm down 60 GRAND in Banco Santander.... what do I do? Buy more... increase my dividend "reward" and kick back. I have 20+ "green ones" that more than cover the 2 or 3 in the red ones... and every one of them sends me checks.
