Okay -- So I'm a post whore this morning...
Here's your homework for Investing 102 for the day. We just had a couple of "not so nice" days... really == the first kind of not so nice days since this thread began.... so here's what I want you to do.
Go to Google Finance.
Pull up a chart on
KMB -- Kimberly Clark -- Don't wipe your butt.... just pull up the chart...
Now -- click on ALL.....
Now -- Look at the gain percentage....
Now -- Pull up a chart on JNJ - Johnson and Johnson and repeat the steps for ALL on the chart.
What I want you to SEE ---- Not the gains.... LOOK AT THE DIPS.... There are MANY!! Some of them quite dramatic. Scary even. OMG....
Now -- notice that in every case -- they are just that -- mere dips. Get over it. If you'd held JNJ for 20 years you're UP 16,000% -- and you're ONLY up 3700% on KMB....
I own neither of these -- I'm just using them here to show you a "proxy" for "the market".
|