Quote:
Originally Posted by Rex Phinney
My biggest angle is as a dividend/ dividend growth investor. The lower the prices go the better the dividend yields are, so once a stock or fund gets low enough that I like the dividend it is paying I buy it. Whether it goes up or down doesn't particularly matter to me what matters is that the company is strong enough to pay the dividend and keep paying it and raising it.
Most those types of companies also happen to be great long term investments, so the long term growth part of it sort of works itself out.
SCHD is an ETF that is IMO the single best one money can buy. I fired $26,000 into that fund TODAY. This fund is full of 104 companies with the best history of raising their dividends and having the best balance sheet to support raises going forward. If it goes down next week I'll buy more. I like the fund to no end, so the cheaper it gets the better I feel about buying it.
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my thoughts exactly.....
beta on this is .86 which is less volatile than the market swings
might buy in on Monday
todays SP showed a support level turn around when it hit 3650
hopefully it an up trend after this