07-13-2016, 11:12 PM
(This post was last modified: 07-19-2016, 03:39 PM by Dividend Watcher.)
Welcome to the MCD Owners Club, Martin. Did you get the secret handshake instructions yet? 
The Hamburglar taught me. 
You're probably excited about the nice capital gains you've accrued so far. Now the fun part ... sitting in this price range for another 6 months or beyond while earnings catch up to the valuation. INTC, and now MCD, have taught me to be verrrrry patient and just collect the dividends in the meantime as long as you think company is viable. Both took time and a new CEO to put some zip back into the price action.
Of course, all bets are off if we get another market swoon but at least I can turn on the DRIPs again.
The Hamburglar taught me. You're probably excited about the nice capital gains you've accrued so far. Now the fun part ... sitting in this price range for another 6 months or beyond while earnings catch up to the valuation. INTC, and now MCD, have taught me to be verrrrry patient and just collect the dividends in the meantime as long as you think company is viable. Both took time and a new CEO to put some zip back into the price action.
Of course, all bets are off if we get another market swoon but at least I can turn on the DRIPs again.