Investing 102

[GregWeld]

Originally Posted by Sieg

After buying five dividend stocks in the last couple weeks I glanced (kid duty and late) at the Dow this morning and had a tiny newbie panic attack. Just checked my positions on the 100 block purchases and it's insignificant dollar amount compared to their average 5.1% dividend yield.

Good Post Sieg!

This is when -- I've said time after time -- after you buy and then when they're down and you're starting to second guess yourself -- go back and just revisit WHY you bought. Look at the 5 or 10 year chart -- check the 5 year total return - check that dividend percentage.... then INHALE and relax... If you did your homework -- and it's a name you know and understand and all those other things are correct... that's the best you can do. Ya bought LAST WEEK -- the little man said take it down - let's test Sieg's guts! Go back and look at the LONG TERM CHART.... low on the left high on the right? Is that time period a week? An hour? Or 5 YEARS. Relax.