01-08-2022, 09:47 AM
(01-04-2022, 12:46 PM)fenders53 Wrote:(01-04-2022, 07:12 AM)ken-do-nim Wrote: LMT is up just 37% in the past 5 years. Great dividend, but why put it in a total return account?Diversification maybe? Scroll back a little farther on defense stocks. You probably don't like RTX much either? What if I told you it was a 30 bagger since the mid 90s? CSCO is about about a ZERO bagger for 20 years. Do you still own it? LMT has some decent long-term stats too. I don't think LMT is going to have a great year (because they said so), but all our stocks can't have a great year every year if we are diversified, when the market is normal anyway.
These are good discussions though.
stocks go up, stocks go down, some are winners and some are laggards--sometimes for years in either case
some of my laggards have been my bigger gainers this past year--with how wild the market has been as of late my portfolio has been hanging in there quite well
i always buy too early but established some good companies that will be adding years to come
my take is buying on the way up or on the way down--in the end what's the difference??