05-18-2015, 09:03 AM
(05-12-2015, 08:43 AM)Dividend Watcher Wrote: Don't be nervous when you see the red in the G/L column -- especially for these companies. I like to use that to see if I want to add more. If the loss gets greater than 10%, perhaps you'd want to add another small chunk.
Perfect answer, DW!
It is not at all unusual for recent buys to dip into the red. That only reflects the fact that short-term price fluctuations are normal and impossible to predict. If you've chosen great companies (like the ones you have), over the years the price will increase as earnings per share and dividends slowly climb. That is the hope, anyway. But as others have said, better to keep your attention on the income stream that you have purchased.
But just like DW says, when one of my favorites is in the red like that, my first thought is "time to consider buying more!". If I liked XOM enough at $92 to buy it then, I should love it at $87.