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Strategies & Market Trends : Dividend investing for retirement

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To: Bocor who wrote (10337)11/8/2011 8:49:28 AM
From: chowder  Read Replies (1) of 34328
 
Re: WM ... I am currently down 9% on WM. I don't think I want to sell them though. I'm not saying I won't at a later date, but my train of thought is that they can right the ship in time. At least I hope so.

Since I'm reinvesting dividends, and the dividend is still intact, I think I'll be a little more patient with them.

My focus isn't on capital gains anyway, my focus is on the income stream that my companies afford to me. So far, WM keeps paying the dividend and they did raise it 8.0% this year.

I have no problem with share price staying flat or being down 9% at this time. I do care about that dividend and what the next increase will be. Ha!

I'm not trying to sell WM here to others. I'm simply explaining my thoughts. I can handle a situation like this because of the number of equities I own in my portfolio. If I owned 10 or less, and WM was one of them, I'd be concerned!

Thanks for sharing that article. I might have missed it otherwise.
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