10-23-2015, 10:26 AM
(This post was last modified: 10-23-2015, 10:29 AM by Dividend Watcher.)
I don't believe a bubble but most prices are very fully or overvalued. There are some pockets but right now my purse is closed. If I didn't have more than I already should have, I'd take a look at ABBV with this knockdown although it looks like Mr. Market is having second thoughts on the selloff.
ETA: Well I'll be damned! After the VP news yesterday, ABBV is up over 4% as I write this and GILD has barely budged. Go figure.
ETA: Well I'll be damned! After the VP news yesterday, ABBV is up over 4% as I write this and GILD has barely budged. Go figure.
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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