Quote:
Originally Posted by Vince@MSperfab
Thats why I love to stash in KO.... that stock just sits flat no matter what is going on with the market. And its a divi stock. win win
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All accounts NEED "steady Eddies". People get upset when the market is going up and their steady eddies just kinda plod along. They think they're "losing out" on all the big gains. But man are they happy owning them when the market is crappy and the old steady eddy is holding up their entire account.
That's the thing about investing - and everything we've discussed for the last half a zillion pages....
Don't get greedy
own some steady eddies
own dividend stocks - so you're earning while things are flat or down
own the best of the best - so you feel good about what you own
be patient
buy when things are "on sale"
don't load the boat with too much of any one thing - the 5% rule
scale in
scale out
watch for fundamental changes - they can go either way