People are not heeding the words of Gordon Gekko:
“The public’s out there throwing darts at a board, sport. I don’t throw darts at a board – I bet on sure things.”
Gordon cheated with inside information, but he is right about the dart throwing. The little guys in the stock market should probably stick with the tried and true since the big guys can make the market go up and down all the time. For example, I bought some Chevron stock when price dropped this week. I am confident that Chevron is a sound company and its share price will increase over time.
Unless the cause a huge oil spill or social event.
Ditto that - CVX (Chevron) is a great company. I bought when the Divvy was 5+% (somewhere in the 70s, thank God). Lot lower Div than that now, but oil is probably never going to go away and the income stream is too tempting to pass up.
I’ve been increasing my Divvy paying stocks, and TRYING to not pay attention to the share price.
Other great picks (IMHO) are HCN, O, F, VZ, T, CTL.
Reap those dividends. Just don’t ever sell the shares and all is good.
People are not heeding the words of Gordon Gekko:
“The public’s out there throwing darts at a board, sport. I don’t throw darts at a board – I bet on sure things.”
Gordon cheated with inside information, but he is right about the dart throwing. The little guys in the stock market should probably stick with the tried and true since the big guys can make the market go up and down all the time. For example, I bought some Chevron stock when price dropped this week. I am confident that Chevron is a sound company and its share price will increase over time.
.....
Good points; thanks; there are no such things as sure things...even sure things dropped today. :)