Tuesday, August 25, 2015

Gambling and investing are two different things.

"Late Tumble in U.S. Stocks Dashes Hopes for Rebound"
This is where people who are doing it wrong get in trouble. The idea is to make money, not lose money. It's wrong to hope for capital gains because that's gambling. What I do is buy Dividend Aristocrats (dividend increased every year for at least 25 years). I plan to hold on to these shares for the rest of my life. Since I'm in it only for the dividends I don't care if the stock market crashes. I reinvest the dividends for free, and I watch my income grow. I love when the price goes down because these are buying opportunities.
I learned this stuff the hard way. The year 2000 killed me.

Dividend Aristocrats means 25 years of dividend increases even during the worst recessions. Of course research is necessary. My method is working. I sleep well at night.

Late Tumble in U.S. Stocks Dashes Hopes for Rebound

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