Investing 102

[captainofiron]

Originally Posted by GregWeld

Don't forget that over time -- you not only get dividends - but you have CAPITAL GROWTH as well.... 2012 the "market" was up 30%.....

Owning big good names like you've selected is what allows you to continue to pound money into them even in a down market. This part is extremely important... the same $500 buys more shares in a down market... they DO recover netting you nice capital gain -- but also they're paying that ever important dividend.

It more "Fun" to own the hot names at any given time... until you're in a down market.. then the hot tend to go cold as a stone and they DO NOT pay dividends and then you sell because you panic out etc.

Investing is mostly MENTAL. You have to be able to buy when everyone else is selling... that's when you make the big bucks. LOL But it's true.

Keep reading - keep posting -- you'd be surprised at how addicting investing is!

yea Im already addicted, haha

I keep playing around with different ideas, and catch myself talking to my wife about, "well what if we invest in this company" or "OH, do you think they are a public company" hahaha

do you think I have too many consumer goods sector items?

thats 3 out of my 10

I was thinking maybe of not buying KO and/OR TGT

and instead picking up UHT or HCP in healthcare or maybe picking up an insurance company, because everyone needs insurance. specifically MCY (I used to have my car insurance with them in college)