12-24-2013, 10:52 AM
For those investors who follow the DG strategy your probably correct, but for the average investor (if there is such a thing) the three stages may be:
1 Get excited about investing because of what one reads or hears from others. Buys or select stocks based upon Current News, hot stocks, recommendations, and/or Get Rich books.
2 Becomes more experienced and begins to recognize that the best companies are those that grow or have great growth prospects. But they believe that it's the size of the pile or price growth is the key to success. They look for forecasting methods, stock charts, and other ways to project future earnings and growth. Buying Low and Selling High is the way to achieve their ultimate goal.
3 After many success & failures they may find an investing strategy which passes the test of time. Hopefully they will achieve their final goal.
For me #3 has proven to be DG, the income it generates and it's growth that counts. I don't buy & sell, rather buy and add at a value price.
1 Get excited about investing because of what one reads or hears from others. Buys or select stocks based upon Current News, hot stocks, recommendations, and/or Get Rich books.
2 Becomes more experienced and begins to recognize that the best companies are those that grow or have great growth prospects. But they believe that it's the size of the pile or price growth is the key to success. They look for forecasting methods, stock charts, and other ways to project future earnings and growth. Buying Low and Selling High is the way to achieve their ultimate goal.
3 After many success & failures they may find an investing strategy which passes the test of time. Hopefully they will achieve their final goal.
For me #3 has proven to be DG, the income it generates and it's growth that counts. I don't buy & sell, rather buy and add at a value price.