Quote:
Originally Posted by lamboguy
there is no such thing as safe in anything you do in life.
when you get programmed in life to believe that things like markets have only one direction to travel (in the long run, meaning years) you will be in for a rude awakening. these markets, including dividend-paying ETF's are primed to go down for many years just like its gone up for many years.
i know its tough for most people to comprehend what i am preaching here because people get complacent to things and can't understand how things change.
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No one here is saying there is no risk in the market or that things can’t go down from here, why do you keep insisting that’s everyone’s train of thought?
The fact of the matter is from a dividend paying perspective lower prices are awesome. You get more shares for your money and this a higher yield. It’s an area of investing that has largely been forgotten the last decade because prices have ballooned so much that yields where crap.
The economy could hit a major slowdown, no doubt, but take FedEx for example. They made an announcement that global shipping demand is slowing and everyone totally flies off the handle. You’d think a meteor had landed and taken out every FedEx facility on the planet. FedEx didn’t say they were never going to ship anything again EVER. They just said demand is softening.
I LOVE the current state of the market. For anyone with a time horizon longer than 2-3 years it’s a buyers market and probably getting cheaper from here.
