Investing 102

[GregWeld]

Originally Posted by SSLance

BTW Greg, don't ever let up on what your are posting and preaching...

After thinking about what you said a bit today, I went ahead and made the purchases I was looking at making. No time like the present...

From what I'm seeing, Dividend Champion stocks don't really make big moves, they just kind of trod along...so it really doesn't make much sense waiting for dips to buy as the dips just aren't that big of a deal.

It really depends on the goals Lance... if the goals are to have total return over an extended period of time.... and if the goal is to own the best companies... and the goal is to get get paid every quarter... then buying down 50 cents or even 5%.... a guy can wait and miss an up 10% move - or miss a dividend payment.


I say just put the money in on a regular basis, i.e., the first of every month or the last Friday of every quarter or whatever. Just buy it - start collecting... don't freak out on down days or down periods. When ya get nervous - go back and look at the longer term charts.


Those payments they call dividends - that's why I can just go out and play and enjoy myself. 'Cause I don't really have to worry about what the market did "today" or this afternoon - or even this month. I TRUST my companies to keep plugging along and to send me my portion of the profits. :>)