« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: DOW is headed back to 22,000 level, 

By: Zimbler0 in POPE 5 | Recommend this post (1)
Tue, 25 Sep 18 5:44 AM | 47 view(s)
Boardmark this board | Pope 5
Msg. 08471 of 62138
(This msg. is a reply to 08447 by capt_nemo)

Jump:
Jump to board:
Jump to msg. #

Nemo > Just keep ya eyes wide open bro. HAVE an exit plan, a fast one............


Nope.
Have a broadly diversified portfolio. Recognize what
happened in the past . . and what might happen in the
future based on what happened in the past.

A 'fast exit' might have you bailing out at the wrong
time . . . and missing more gains.

I started buying Dominion Resources back in 1997. In
1999 'some' might be questioning my sanity - all the
utility stocks (including Dominion) were sliding downwards.
EVERYBODY was buying the dot.com bubble. In 2000 when
the dot com bubble burst and all those high flying
companies were diving for the bottom of the toilet
Dominion served me very well. Most important, in my
opinion, Dominion just kept cranking out the dividend
checks.

In 2000, from the start of the dot.com stock market collapse,
till one year later, Dominion Resources, between stock market
appreciation and the dividends 'D' would have doubled
my money.

Heinz also paid out the dividend all through the dot.com
ugliness. HNZ share price dropped quite a bit . . . but the
dividends kept coming - and even increased.

2008 subprime meltdown? Both HNZ and D continued to
pay out the dividends all through.

As the man said, a diversified portfolio works wonders.
And, in my opinion, owning shares in solid companies
making things folks want or 'must have' which pay
dividends are a good way to invest.

As for the 'scam markets' and what propped them up?
During the obozo reign it was trillions in 'quantitative
easing' monies. Inflating the markets. Can Trump's
real improvements in the economy stave off disaster?

(I sure hope so.)

Zim.




Avatar

Mad Poet Strikes Again.


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: DOW is headed back to 22,000 level,
By: capt_nemo
in POPE 5
Tue, 25 Sep 18 12:11 AM
Msg. 08447 of 62138

Just keep ya eyes wide open bro. HAVE an exit plan, a fast one............


« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next