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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (29063)	4/28/2018 6:20:01 PM
From: Rarebird	Read Replies (1) of 34328

You like my BP? In contrast to you, I was able to buy BP and profit because I believe in second chances. That is to say, I don't hold grudges. I said at the time that BP had become lean and mean and with the fines coming to an end, it was basically as close as you could get to a free lunch on Wall Street. In this market environment, I'm not a bag holder of stocks. I doubt M will be around in 10 years; but I see the stock rising over the next couple of months. The seasons change and so do my preference for stocks in different segments of the marketplace. And I'm already making the transition for what I see coming. I don't remain a slave to anyone or anything for 10 years unless its a productive relation. Ten years may be your holding period, but it's rarely mine. I don't get attached to stocks in that manner, just enough to make huge gains in my retirement or cash accounts. I like to go long when there is blood in the streets and there is evidence of a bottom coming shortly. You and I have always lived world's apart in terms of how we look at life and the way we pick and choose our stocks. It takes a strong man to learn how to forgive and forget.

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