02-16-2017, 05:20 AM
(02-16-2017, 03:28 AM)gymchamp Wrote:(02-10-2017, 04:06 PM)navyasw02 Wrote: I wish I shared your optimism. There comes a time when buy and hold becomes a fools errand. I was in denial for about 2 years that things would turn around and I lost 30%.
lol 2 years?!! You would think that on a DGI forum more people would understand that 2 years is peanuts
True, but a 30% loss isnt peanuts. It takes a LONG time at 2-3% yield to recover especially with the trajectory heading down. Others may disagree, but putting on dividend growth blinders and ignoring growth in principal is not an investment strategy I wish to take.