I don't have a clue if this is the begining of a major correction. All I know is that companies that pay good dividends will get hurt the least. The reason is that those that own income producing assets are less inclined to sell them and loose the cash flow.
However, I took a big hit today as my total portfolio dropped $40,000 in value.
This is hard to take but if you pick up your ball and go home you will miss those days when ones portfolio rises.
I am hanging in for now.
I was hoping that Harvest Energy would have dropped further today as its my next acquisition target. I guess I am not the only one looking to buy Harvest.
No comments:
Post a Comment