07-18-2014, 05:46 PM
(07-17-2014, 11:03 PM)Kerim Wrote: Another reminder that holding long term means riding out down / sideways periods that can last for years.
I think this is something I'm going to add to my investment plan "Notable Quotes" section. Wise words but also because we've lived through it adds more meaning. I hope it's a lesson to be remembered when we're in the midst of the next extended downturn in the market.
Of course, this doesn't apply to companies that are struggling and not making any moves that make sense. INTC, in my mind, was making multiple moves to refocus the company going forward. I'll not re-hash them here.
Thanks, Kerim, for stating it so well.
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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