08-24-2015, 05:31 PM
(08-24-2015, 03:20 PM)rapidacid Wrote:(08-24-2015, 02:42 PM)Roadmap2Retire Wrote: Congrats on teh purchase, DW. Maybe I should put a lowball offer and leave it at that in case theres a flash crash.
Article from this morning that talks both about coping with days like today and also what Alex / RR are talking about + executing
http://thereformedbroker.com/2015/08/24/...orrection/
Thanks, rapid. That's exactly what I did. I would've been satisfied with JNJ at $92 but $85? Seemed like a gift.
Since I don't keep much cash on-hand in our accounts, I can't do that very often compared to when I was repositioning the portfolio to dividend growth during the Great Recession. I'm surprised Downtown Josh Brown hasn't mentioned that before.
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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