04-11-2014, 09:14 AM
Alex, I was in the process of shifting to DGI in that time frame and was also holding a bunch of cash so, in a way, I folded except for STT and PEP. Then, when STT dropped to the 20's I knew they were just like all the rest of the banks gambling on derivatives, and sold that.
Did a bunch of buying in 2009-11, developed my business plan and changed my focus.
So I agree, many of the MPTer's, that only think of amassing the biggest prize and don't focus on their companies' earnings and their income stream may have a rougher time of it. Right now, I think it's going to be a minor issue with me.
Me? I'm looking for some real bargains. We ain't there yet.
Did a bunch of buying in 2009-11, developed my business plan and changed my focus.
So I agree, many of the MPTer's, that only think of amassing the biggest prize and don't focus on their companies' earnings and their income stream may have a rougher time of it. Right now, I think it's going to be a minor issue with me.
Me? I'm looking for some real bargains. We ain't there yet.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan