|
>>
They can move it EITHER way at will................. period.
>>
Well, yeah.
But do I care?
Are they making money off me?
I bought my Dominion resources over many years. (Two decades and
counting, so far.) They just direct deposited my last dividend
check. Three months from now I get another check . . . . Price go
up, price go down . . doesn't matter as long as that divvy check
keeps rolling in.
So I hold and occasionally buy a little more. They 'might' make
a few cents off my small purchase . . . but then they might not.
Same story with most of the other stocks I own some of.
Give me another decade of regular dividend increases and their silly
little games won't make any difference. To Me.
Got money in mutual funds in a 401K or IRA? Re-balance according to
the 'balanced portfolio theory'. When the stocks go high, sell a
little off the top and tuck the money into a more conservative bond
fund . . pocketing the profit. When the Algo's drive the price low,
sell a little off the bonds and buy the stocks at their new low price.
Maintain the balance. And when retirement time comes you'll look good.
Zim.
Mad Poet Strikes Again. |
| 