04-09-2014, 06:42 PM
(04-09-2014, 01:47 PM)EricL Wrote: Had some new money hit the account so I put in a buy on CVX today at $119.
I liked it better around the $110 range but not a bad price to pay. Then again, sometimes I can be a piggie.
I keep thinking I ought to lighten up a little as it gets back in the $120's but I just can't seem to find the gumption to ditch a perfectly good dividend that's not going to go anywhere but up. Wondering if it will ever get back down to the low 60's again so I can rent another truck to back up.
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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