BCE Inc T.BCE

What happened to all the so-called long term invetors

[SargeX]

I really find it quite amazing that so many people that say they are long term investors are fretting so much about short term stock prices. Unless you are a short ter/day trader, who the heck cares what the algos/shorters/etc are doing.

As a "true" long term investor, I only care about what BCE does in the next 10 years or so. I am really confident that BCE will adjust their business model to fit the factors like the CRTC silliness.

Time for lots of people to just chill out.
 
Ciao
  Sarge

[SadieLadyCO]

Sarx...Not the point long term trader/HOLDERS such as I hate to see these price. It is a little concerning OK

[SargeX]

I still disagree on that line of thinking. The only time the short term price should matter is if you are selling or buying. Otherwise, I don't see what difference it makes. 

[DeanEdmonton]

Sarge - good to hear from you. We are usually on the same page but this time, I am REALLY glad I sold off most of my position at $64. Quite happy buying back most of it in the $48 range. I like the dividend yield like I posted earlier, but I sure don't mind picking up stock at a $14 discount.

[SargeX]

Hey Dean We definitely do generally think along the same lines. The big difference is that you are a total return investor and I'm an income investor. I never sell something with the thought that I will buy it back later. I only sell if something signiifcant changes with the company. You seem to really do well with your buys and sells but I think you are quite rare in that regard. I think

[Eastbank]

I'm with you Sarge! 

[DeanEdmonton]

The sells I have always sold when I was up on the stock, so pretty much 100%. Anytime I sell it is based on material changes within the company that I do not like and that to me do not fit the strategy. So AQN when they announced the Kentucky deal, ALA when they got stupid, ENB when they kept fighting with every regualator rather than trying to get them on side, Rogers when they massively overpaid

[SargeX]

Hey Dean Thanks for taking the time to share so many details. It sure is an amazing strategy. I like your excellent discipliine and like the stocks you deal with. Speculative gambling like Bitcoin, etc isn't investing so I don;t think that takes away from yuor "smartness": level (it adds to it  :-) ) As you know, I'm pleased as punch with my strategy. Early on, I realized

[Karl63]

DeanEdmonton and SargeX - I have enjoyed this very informative thread and the contrast between two different but successful investing styles. I imagine that Sarge's style is less stressful and easier to implement and operate than the fundamentally driven style of DeanEdmonton, which certainly must keep him busy reading the periodicals. I know Sarge is invested entirely in Canadian Blue Chips

[Fuergo]

Si vous etes long profitez des replis comme ceux ci pour racheter si vous croyez en Bce ,j'ai tout balancer une premiere fois a 66$ j etais la depuis vraiment de nombreuses annees, Bce n'a jamais battu l indice meme en incluant son dividende, maintenant j essaie d avoir un diversiter de titres a dividendes pour me payer une rente , salaire annuel + titre a croissance, je vais tout

[Red_Deer]

This is SOUND ADVICE/Commentary by 2 SH Top Gurus !!!!!!!

[BSdetector2016]

Remember the generation that you are dealing with (not ours). Extreme long-term is the time between cell phone upgrades. That's the benchmark. 

[SargeX]

Hey BSD Good one. I definitely got a chuckle out of that one. There really are a ton of DIY invesotrs that should just be buying a couple all in one type ETFs and skipping the individual stocks. Take her easy    Sarge