And now, my portfolio is back up over $10,000 (still down from its high); however I've several dividend increases since this little ride up and down. So for me, in terms of income, it’s worth more than it ever was.
The dip did give me an opportunity to pick up 20 shares of CVX cheaper than my initial purchase price 2.5 years ago :-) Help replace the shares I’d lost.
My father always invested in real estate; and he told us boys "property values go up and they go down. But rent only goes up." I feel a portfolio of well selected stocks does the same (without the headaches he had with the renters).
Ronn
The dip did give me an opportunity to pick up 20 shares of CVX cheaper than my initial purchase price 2.5 years ago :-) Help replace the shares I’d lost.
My father always invested in real estate; and he told us boys "property values go up and they go down. But rent only goes up." I feel a portfolio of well selected stocks does the same (without the headaches he had with the renters).
Ronn