10-09-2016, 11:06 PM
(10-09-2016, 09:19 PM)rayray Wrote: I like to buy and hold, with the intention of holding forever, assuming all remains equal. What I like to do is collect the dividends and allocate them properly.
Let me add, the companies I have divested over the years, for the most part I'm sorry I sold.
Agree completely. Most of the sales I've made due to overvaluation I've regretted ever since. I'm investing for next 20+ years, and have no idea where shares are going in the short term. If a company is performing how I want it to, I now continue to hold and reinvest, valuation be da**ed.
I generally won't invest new funds into something that is overvalued, but have no problem holding onto something that is.