antiquary

Outlook for a Merry Christmas Eve

Here we go again, abusing the words "right" and "privilege." A right is something you already have that the government cannot take away, like life or liberty. It's not something the government has an obligation to give you.

No quacking about "privilege," if you please. It's a weasel word of the left just the way "patriotism" is on the right. I deny all of you the power to define those words for the rest of us to serve your own purposes.

The 'Sell After Dividend Cut/Freeze' Rule, With Exceptions

The only reason to sell after a dividend cut is to avoid the value-trap effect by which all those in it only for the immediate cashflow haul their freight out of Dodge. Once that has subsided, the fact that the company is not paying a dividend or not as much of one is not a reason not to own it in these economic times. I would just put the money back in at the new reduced level-- assuming always, of course, that it's still a worthwhile business, without which you shouldn't have been in it in the first place-- and wind up with more shares than you had before for the same money.