RE:RE:RE:Need to Quit Worrying About Short Term SwingsI absolutely agree with you that a stock must show an upward trend over time, grow earnings and dividends. That is exactly what I wrote in the first post. I also completely agree with you about Manulife, and I have posted those exact comments on that board. It is a stock to be traded, not a long term buy and hold. Holding the wrong stock is a bad idea. Over the last 10 years holding RBC gave you more than double the return of holding BNS. However, with the right shares in your portfolio it is unproductive to stress over daily swings.
As far as Ariahp's portfolio, 200K is a lot of money but raltive to the 3 million he has in this stock alone, not something to lose sleep over, unless you think PPL is maxed out at current levels.
stockmarket1 wrote: Incredible! 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