10-10-2016, 06:53 AM
Thank you all for the thoughtful replies.
This is really just a "bird in the hand" debate. Nothing wrong at all with CL and as I mentioned the ability to "capture" the next 10 years of dividends today got my attention. The bigger question (at least to those building a sustainable DG Retirement Portfolio) is will there be a re-entry price for CL down the road? Eight plus years into this pseudo bull market you have to wonder. Will there be another August 2015 or January 2016? Trump-Clinton-Johnson? The Fed???
http://stockcharts.com/h-sc/ui
I very much like the Cruise Missile "Launch and Leave" theory especially when I often find myself not in a position to defend my portfolio at 39,000 feet and no internet (and I'm sure you're glad about that too). But all stocks go up...all stocks go down...just some more than others.
I wonder how big this next correction will be?
This is really just a "bird in the hand" debate. Nothing wrong at all with CL and as I mentioned the ability to "capture" the next 10 years of dividends today got my attention. The bigger question (at least to those building a sustainable DG Retirement Portfolio) is will there be a re-entry price for CL down the road? Eight plus years into this pseudo bull market you have to wonder. Will there be another August 2015 or January 2016? Trump-Clinton-Johnson? The Fed???
http://stockcharts.com/h-sc/ui
I very much like the Cruise Missile "Launch and Leave" theory especially when I often find myself not in a position to defend my portfolio at 39,000 feet and no internet (and I'm sure you're glad about that too). But all stocks go up...all stocks go down...just some more than others.
I wonder how big this next correction will be?
There are people who use up their entire lives making money so they can enjoy the lives they have entirely used up
Frederick Buechner
Frederick Buechner