RE:RE:Need to Quit Worrying About Short Term SwingsIncredible! That's a boat load of shares! I sure hope you don't have your eggs all in 1 basket! With that amount of shares you're collecting just under $14k a month. The share dropping -- let's say --- $3 and your value drops almost $200k! Wow...that's a big risk. That's why, for me, I'd prefer shares to head up over time and not just " flatline" through time. That's a fools gm and big gambler! Monthly dividends are great, no doubt, but, the shares also need to go up in time too. That's all I'm saying. Look at a 15 / 20 year chart of Manulife financial for example. It's gone nowhere except a quarterly dividend. Well, you're a suck in a 3 piece suit if one is happy with that. Thankfully I got out of that one many years ago. That's just an example. Good on u though for holding all those shares. I hope it works out for you.
Ariahp wrote: Agree with your thoughts. My problem is I own 66,574 shares and every dollar down is a eye opner. LOL
But I have been in it for the long term and plan to stay that way. Divi increase coming after the KKR full integration.
GLTA