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Do NOT double down on a stock

Discussion in 'TIFU' started by JerryM, Apr 26, 2016.

  1. ApexC

    ApexC Active Member

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    I think we have all made that mistake. There is no such thing as a bad stock, just bad times to buy. When I buy a stock for the purpose of collecting dividends as long as dividend does not go down my yield does not go down. The price is irreverent unless I want to buy or sell.
     
    Onepoint272 likes this.
  2. fireopal

    fireopal Well-Known Member

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    great thread!! have a couple huge bags in my closet but not from dividend stocks - are from doubling/averaging on regular stocks & every time i think about doing it again, i always see those bags that i will probably be taking to my grave with me sitting there as reminders which has kept me from doing it again (so far).
     
  3. TomB16

    TomB16 Active Member

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    This is a thread for traders, which it sounds like everyone here is.

    For an investor who likes the company and the people running it, and wants to own the company, a falling market cap is a buy opportunity if they have money and irrelevant if they don't.
     
  4. T0rm3nted

    T0rm3nted Moderator
    Staff Member

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    @JerryM is actually typically a long-term investor like yourself ;) We'll see if he can have a conversation with you.
     

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