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Response to sendero (Reply #29)

Fri Apr 13, 2012, 10:43 AM

32. And if you're not a panicking idiot you buy more and wait for the next wave up, getting dividends

You only lose - or gain obviously - when you sell. You buy dividend paying stocks not for the price moves but for the "interest"

None of the shares I mentioned (and probably none mentioned by others) stopped paying dividends in the recent stock slump. All that meant was that you got your quarterly 40c dividend for a share that cost you $22.50 (equals 7.1% "interest") instead of a 44c quarterly dividend on the $30.65 today (5.7% "interest").

And of course the smartest thing to do was invest then when all the idiots were panicking. By now you've seen a 30%+ gain if you sell or you're getting nearly 8% annual interest. All every bit as available to me or you as it was/is to the Koch brothers. (personally I'm not quite that smart - bought at $26 something)

The silliness about the stock market being only for the rich is decades out ofdate, from when you had to have a personal broker and buy in 1000-share minimums. Now you can do it yourself for $2 a time.

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WestSeattle2 Apr 2012 OP
bemildred Apr 2012 #1
amandabeech Apr 2012 #12
cyberpj Apr 2012 #2
JoePhilly Apr 2012 #5
cyberpj Apr 2012 #7
WestSeattle2 Apr 2012 #6
JoePhilly Apr 2012 #3
JDPriestly Apr 2012 #8
Kolesar Apr 2012 #15
JoePhilly Apr 2012 #16
still_one Apr 2012 #4
JDPriestly Apr 2012 #9
dmallind Apr 2012 #11
still_one Apr 2012 #24
HereSince1628 Apr 2012 #13
Art_from_Ark Apr 2012 #18
HereSince1628 Apr 2012 #21
Art_from_Ark Apr 2012 #28
HereSince1628 Apr 2012 #31
Art_from_Ark Apr 2012 #34
still_one Apr 2012 #22
TheFarseer Apr 2012 #26
sendero Apr 2012 #20
still_one Apr 2012 #23
raouldukelives Apr 2012 #10
AdHocSolver Apr 2012 #14
lib2DaBone Apr 2012 #17
sendero Apr 2012 #19
still_one Apr 2012 #25
sendero Apr 2012 #29
LineLineLineLineNew Reply And if you're not a panicking idiot you buy more and wait for the next wave up, getting dividends
dmallind Apr 2012 #32
sendero Apr 2012 #35
Katashi_itto Apr 2012 #27
DCBob Apr 2012 #30
sendero Apr 2012 #36
Evasporque Apr 2012 #33
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