Investing 102

[GregWeld]

Originally Posted by solarguy09

Sometimes people think that they missed out on an opportunity because it has already gone up..

When I'm showing someone how I invest -- I'll bring up this very fact. People say "well it's gone up a lot! So I can't buy it now - it's up too much"....

REALLY? Pull up a 10 year chart of the company (pick one) and say -- okay -- show me on this chart (as it's doubled or tripled over the last 10 years) when you would have bought... or as YOU'RE telling me -- that it was too high to buy... 'cause what that chart is telling me is that it's still going up and over time it will be higher than where it is right now. (We're not talking "hot stocks" here - were talking about our good long term high dividend payers -- NOT Netflix etc).