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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (6146)8/22/2018 12:01:45 PM
From: robert b furman  Respond to of 26437
 
Excellent points - I agree with them all.

I had paid my house off in 1999 after selling out early in the market.

In 2008 I had a huge margin and did some early selling. In the peak of the decline I took out a HELOC Home Equity Line of Credit and eliminated my margin balance.

I never went back to having margin.

Having a margin balance was one of those things that makes an investor excessively fearful.

One can not invest well,when they can't afford their position.

Once I found that out - I was never tempted to buy more stock that I had cash for.

Now I'll buy a dip a day or two before I know a dividend is coming, but that is also a rare event for me now.

I enjoy watching the dividends accumulate and then targeting a new position in the hopes of a more diversified dividend revenue stream.

Bob



To: Kirk © who wrote (6146)8/22/2018 12:36:58 PM
From: rdkflorida21 Recommendation

Recommended By
Jerome

  Read Replies (2) | Respond to of 26437
 
Obama's "greatest failure"?? I would say the example of his family proves otherwise. Two parent family, two great children and NO moral issues that I can remember. As opposed to our current Pres. Three wives with children by each and more moral failings then I can list here. Just a matter of perspective? RDK