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Re: Investors Are Speechless: "It's Like Watching Pulp Fiction" 

By: capt_nemo in POPE 5 | Recommend this post (1)
Fri, 28 Dec 18 9:42 PM | 60 view(s)
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Msg. 18357 of 62138
(This msg. is a reply to 18332 by Zimbler0)

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Ive said before zimmer. none of this I post involves you!!!

you are immune LOL Thumbs Up




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Re: Investors Are Speechless: "It's Like Watching Pulp Fiction"
By: Zimbler0
in POPE 5
Fri, 28 Dec 18 8:28 PM
Msg. 18332 of 62138

>>
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.


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