05-23-2015, 10:50 AM
Thanks for the responses guys.
I knew this outlook would be flawed, I was more so seeking what was wrong with the perspective than actually defending it. I definitely got my answer.
So we are focused on the very long term, market fluctuations are not predictable therefore predicting them is a fools game, create a criteria to value companies and make decisions based on that not on emotions, and timing the market is not as important as a factor as time in the market.
The last one for me is a bit harder to grasp. I know we are focused on dividends and strong stable companies, but capital appreciation of our stocks must be a factor as well? Could someone delve deeper into this? I would appreciate it!
My current portfolio is in its infant stages. I have 8 shares of XOM @86 a share, and I have a couple shares of Apple because I am an employed by them and enroll in their ESPP plan. JNJ is the next stock I am looking to jump on.
I knew this outlook would be flawed, I was more so seeking what was wrong with the perspective than actually defending it. I definitely got my answer.
So we are focused on the very long term, market fluctuations are not predictable therefore predicting them is a fools game, create a criteria to value companies and make decisions based on that not on emotions, and timing the market is not as important as a factor as time in the market.
The last one for me is a bit harder to grasp. I know we are focused on dividends and strong stable companies, but capital appreciation of our stocks must be a factor as well? Could someone delve deeper into this? I would appreciate it!
My current portfolio is in its infant stages. I have 8 shares of XOM @86 a share, and I have a couple shares of Apple because I am an employed by them and enroll in their ESPP plan. JNJ is the next stock I am looking to jump on.