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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: JimisJim who wrote (28692)2/4/2018 8:54:37 PM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
Well, if we have a decent correction right now, I hope it doesn't get over too fast. :)

I'm not planning on selling any TIS until my last shares double which is just under $19, except for the very last
100 bought mid December @ $12.57. Depends on the drop.

My machine shop buddy got a little worked up this week. Even though he totally gets building his income stream,
he still gets excited on any kind of drop. He has only been at this since 2014 and then only starting with $47,000.

We keep his IRA mostly DGI, but he decided a year ago that he wanted to invest a little more than he could in
his IRA so we started him a taxable account.

I always give him ideas and he keeps track and lets me know what he is interested in. He has figured out that
sometimes when you have a stock take a dump it is good time to buy. His taxable account has TIS +13%, and
MO +7%, in that regard, along with CXW +.5% and GEL +8% bought after dividend cuts. GEL has raised once since.
I believe this account helps out with his want to gamble.