Thread: Investing 102
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Old 05-29-2013, 03:20 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by toy71camaro View Post
yup.. quite the pull back for my divvy stocks today.. roughly 2%.

but, that also means that possibly my next CVX and ED divvy payments will be buying just a tad more of a share this time around thanks to the pullback since they both pay in a couple weeks.

We'll see. a 2% pullback (just today) isnt going to change a whole lot on my paper gains. lol


I'd be prepared for about a 10% plus pullback --- because the market ALWAYS over corrects --- just as it shoots the moon on the up side... then people who sold start looking around and saying -- Hey! Now I can get 3% on JNJ (made up that example) and start buying again. In order to make money -- your money HAS to be working... it can't be sitting in cash.
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