What Did You Buy Today?

[rayray]

(01-25-2019, 10:23 AM)fenders53 Wrote:

(01-25-2019, 09:26 AM)stockguru Wrote: ABBV has become a real dud. Down $4 pre-market. One of those stocks that just can’t seem to get things right even with all dividend increases.

ABBV is regarded by many as a one drug pony as the patent expiration approaches.  That may be true to some extent, for now.  It's a solid company that will reward you over time.  All pharma companies go through phases like this.  I started a one stock Roth IRA for my wife about 1998.  My wife is a nurse and selected PFE.  It's an extreme example as the recovery took forever, but bailing in frustration before it finally ran wouldn't have been a good idea either.  I did that stupid trick with MSFT.  

Hope this was encouraging because that was my intent.

BUY a QUALITY COMPANY

at a REASONABLE PRICE

LOOK for that DIVIDEND

and NEVER SELL


this is what I pretty much go by--do i make mistakes--yes--do i follow it to a capital "T"--no--would i be better off if i did--yes--but for the most part it works well for me-- i've been accumulating stocks such as abbv, mo and celg until bmy kind of sidetracked me on my celg purchases--i still consider all three buys