05-16-2014, 02:57 PM
It's kind of amusing but the other night night Cramer closed a segment with "and remember, no one ever gets hurt taking a profit!"
I had to chew on that one a while.
I could certainly sell our $2000 gain in PG and "not get hurt"....other than forgoing the income PG has provided continuously for 57 years....
So then where are you?
The current list of Champions and Contenders did NOT cut their dividends during the recession/depression/crisis of 2007-09....
So I believe we will keep "taking our profits" quarterly(and a few, monthly).
I had to chew on that one a while.
I could certainly sell our $2000 gain in PG and "not get hurt"....other than forgoing the income PG has provided continuously for 57 years....
So then where are you?
The current list of Champions and Contenders did NOT cut their dividends during the recession/depression/crisis of 2007-09....
So I believe we will keep "taking our profits" quarterly(and a few, monthly).
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