Dividend Turtle Portfolio

[alexg]

I always seen the VIX as simply a trading vehicle. In my opinion, there's no point to it. If you want to buy when others are fearful, simply wait for prices to drop. For me at least, it's that simple. It didn't take a "volatility indicator" for me to realize crude oil has dropped from $107 to $80 in a couple of weeks and bringing the whole energy sector with it. So there's bound to be bargains and so far I found a couple (XOM/CVX). Other's feel RIG, DO, etc. are also a bargain but I haven't looked into those yet.

Now sure, there will be volatility in the stock price but that's short term noise IMO and i'm willing to hold through it.