Where Has All the Trading Gone? Volume Hits 4-Year Low

[dmallind]

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&quot instead of a 44c quarterly dividend on the $30.65 today (5.7% "interest&quot .

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.