Okay, how about this? I bought the shares of dividend-paying companies across a range of industries. Most have gone down in price, but the dividends are still being paid. (Only 2 of the 21 have cut their dividends or stopped paying.) So, yeah, my portfolio looks underwater if I was depending on the buy-low, sell-high brand of Buy-and-Hold.
What if I want to live off my dividend yield come that day that I retire? The stock price doesn't matter then, in fact, if the price goes down during my period of reinvesting the dividends, I buy more shares than if the price were to race back up. So I pay more attention to dividend announcements than I do the daily up and down of the share prices.
Paper losses = paper gains; they mean nothing until or unless realised.
Boot Macke off Fast Money. Terranova, Seymour, Karabell each would make a better replacement. It is obvious that Macke has a massive ego and loves to hear himself talk. He is always interrupting the others and it is easy to see that they bite their tongues to tolerate him. I don't care if he has an Ivy League degree and can make obtuse references to books and movies that I may or may not have seen. His attempts to be cute and witty and etc. are downright annoying.
Is Buy-and-Hold Dead? Hardly [View article]
What if I want to live off my dividend yield come that day that I retire? The stock price doesn't matter then, in fact, if the price goes down during my period of reinvesting the dividends, I buy more shares than if the price were to race back up. So I pay more attention to dividend announcements than I do the daily up and down of the share prices.
Paper losses = paper gains; they mean nothing until or unless realised.
Boot Macke off Fast Money. Terranova, Seymour, Karabell each would make a better replacement. It is obvious that Macke has a massive ego and loves to hear himself talk. He is always interrupting the others and it is easy to see that they bite their tongues to tolerate him. I don't care if he has an Ivy League degree and can make obtuse references to books and movies that I may or may not have seen. His attempts to be cute and witty and etc. are downright annoying.