Thread: Financial News
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  #1149  
Old March 30, 2019, 10:11 AM
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Ajfar Ajfar is offline
Cricket Sage
 
Join Date: February 27, 2006
Location: Connecticut
Posts: 17,884

Quote:
Originally Posted by SportingBD
Great stock

Only downside is the looming recession.
That don’t mean much, people still will have garbage to throw away.

This is what I told myself after I invested in the matket the first few years. I’m not going to become rich investing in the market. I don’t have time or the understanding to be able to keep up with the market everyday or even every week to buy and sell continuously and react to every news. All I want is a continuous source of income that will grow over time. I can’t freak out over shake ups in the market and react suddenly. I followed writing from dividend investors in seeking alpha to understand how they have been running their portfolio. Long story short, the first year I started I got about 500-600 in dividend that I reinvested, I think I’ll be up to around 2,500 in total dividend by the end of this year. My overall portfolio was doing pretty well before the Dec crash. InshAllah the goal is to add one or two stocks every year if possible. I have a lot more left to learn, the people I read about in seeking alpha they follow a very strict set of rules.
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