Quote:
Originally Posted by Sieg
I looked at this one and should have said "near" historic.
Entry anytime between '62 and '95 or in '03 or '05 which is where it will be 7/27
Buy it now check back in 5 years is my rational with this one. I doubt Coke will go the way of Kodak.
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Exactly my point...
Yeah there may have been a couple best / perfect entry points - but tell me in the future when those are going to be?
These stocks -- and for LONG TERM INVESTING -- you buy and start to collect the dividend. The earlier you buy - the more dividends you collect.
Either way - the day or week - or month after you buy - the stock will suck... and then you look at it and the SOB is up and you've gotten paid the whole time.
This is why I own MCD - KO - ED - JNJ - KMB. They're not sexy... but they keep me sleeping well and they pay me - and I check on them and damn if they're not gainers too (most of the time).