Did you buy into the sale last week? I hope so. I did!
I took advantage of some stocks that my favorite newsletter had been recommending but seemed a bit pricey.
If you’re wondering why I was confident enough to do that, it’s because:
· I trust the research my newsletter does. I don’t have the time or the expertise to do it myself.
· They will tell me when to sell, which cuts down or eliminates my potential losses.
· I believe the market will go up again.
As you know, I’m a big believer in dividend stocks. So, I tend to follow the recommendations that include dividend stocks. If the dividend recommendation is a dividend aristocrat (has raised its dividend regularly) and I am reinvesting the dividend, I really don’t care if it goes down because then I get more shares, which pay more dividends, at a sale price.
So why wouldn’t you be buying?
The news is hollering recession!
“The Motley Fool” is suggesting that we are headed for trouble because Warren Buffet isn’t buying.
There are numerous other reasons why you shouldn’t buy.
Don’t listen to them. Here’s a quote from Alexander Green of the Oxford Club.
The U.S. economy is doing fine. We have steady growth and low inflation. The dollar is steady. Unemployment is near a half-century low. Wages are up. Household income is up. Corporate profits are up.
I met with Kevin O’Leary – of Shark Tank fame – at his suite at the Paris Hotel in Las Vegas a few days ago. He told me he owns all or part of dozens of businesses in all 50 states.
We should listen to more of this!