I tried to do the old "what I think a stock should be valued at" trick for years, sometimes I got pretty lucky and did very well, other times I had my arse handed to me.
What I discovered is there are way too many other forces out there affecting the value of said stock, some of which made no sense whatsoever.
I 100% prefer this dividend stock investing program we have going on here. I don't worry about my stock holdings when they are 30% down in in asset value and I don't worry about them when they are 30% up in value either. The not worrying part is priceless to me.
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Lance
1985 Monte Carlo SS Street Car
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