Take a look Here
Its all good. In the past I would have panic and maybe sold some shares. Now I am happy because this means that I can average down on some of my positions. I brought high quality companies that increase there dividends year in and year out, so this does not worry me one bit. This is why I love DGI!! As long as the company pay dividends and increases the dividends every year, then there is nothing to worry about. All I have to do is just monitor it for any dividend cuts.
The ones that I would like to buy right now to average down are PM, CVX, TGT, ESV, KO, and BAX. They are all great price right now, but I would pick PM first when I get paid this coming Friday.
Some new ones that I would like to add right now because I think the price is right would be TGH, COP, DE, and NSC.
What have you brought recently or plan to buy?
No worries FF. It's a marathon not a sprint, and you're doing great. Of the list you have above, I'm most interested in Coke. I bought it on the last dip a couple months ago, and looks like I'll get another chance soon. I'm going to start looking over the retail space, as they are way out of favor. Have a great weekend
ReplyDelete-Bryan
No worries here Fast Weekly :)
DeleteKO is a great buy right now. good luck to you.
Got to love a good sale! Most people love a good sale when they are buying clothes or groceries but freak out when the market offers them a sale. Shows the power of DGI as we tend to focus on high qualitfy companies which gives comfort when they fall in price. I bought TGT this week and CVX, KO and DE are all near the top of my wish list at current prices. Also like PM and BAX here but would probably wait for further weakness with them since I already have a standard weighting for both in my portfolio.
ReplyDeleteLove it when stocks i have go on sell so that i can add more shares and lower my cost. that's some great company you listed.
DeleteYes, don´t panic!
ReplyDeleteThe lower the shares, the better the new buying prices.
I hope for lower prices for the next 2-6 month...
That would do the markets well, to reduce the over-estimates a bit.
regards
D-S
i agree that i hope it stays low so that i can add some more capital to work. :)
DeleteI have no problem and even welcome a market correction. As long as my stocks keep increasing their dividends each year, that's what matters most to me.
ReplyDelete100% agree with your statement.
DeleteThanks for the Support guys. It's Scary when the prices go Up... It's scary when the prices go down. Just gotta be tough mentally as we are in this for the long haul.
ReplyDeleteyea, have to look at the long haul. I have another 15-20 years to be free!!
DeleteOH NO ITS A LOSS! SELL MORTIMER SELL!!!!
ReplyDeleteSeriously though, I think you have the right mentality at looking at this.
You aren't needing the money anytime soon so this is a chance to buy more shares at a better price.
Ideally our stocks stay flat for year then rise when we are looking to sell.
lol thanks PMU, its a great time to add more shares right now.
DeleteLuckily I started investing heavily at a good time so there will need to be a pretty big pullback to hit a negative overall return, especially when you factor in dividends. You're on the right track. This is nothing to worry about as all it means is you can get better values and higher yields than when you first purchased.
ReplyDeleteI've experience the same thing in one of my portfolios this year but I tend to just focus on the increasing year-over-year cash flow from my dividend payers so I don't mind too much. Plus, like you said, averaging down is not a bad thing!
ReplyDelete