Quote:
Originally Posted by SSLance
I feel like this is the time Weld would be telling us to hang tight... We all bought quality companies and they'll be the first ones to recover once the nonsense goes away.
Personally, I think the huge players are the ones driving this spiral...building opportunities strictly for themselves. Long ago I would have been anxious but thanks to the learning gathered in this thread...I'm still sleeping well.
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I hear Greg in my head saying "there has been no fundemental changes in the good dividend paying companies you've chosen, so, wait it out"
If my dad, whose broke at 75 years old, had just "let it ride" during the 08/09 fiasco, he'd have about a mill in the market, collecting his 5-7% (of taxable) inclome plus SS.
Nothing wrong with working til u die, just don't "have' to work....