Market's down today... so, what!
October 31, 2011
– Comments (6) |
RELATED TICKERS: CQP
, SVU
, PSEC
The market is down a bit today and I don't really care. Why you ask? Well, DIVIDENDS!!.. Yes, dividends. They just keep rolling into my account since about middle of last week and they will continue to do so for another two weeks... then it will start all over again. Any value loss in my portfolio today has almost been negated from the cash-flow-into-my-pocket, which is why I am heavy on dividnend stocks in my personal portfolio. It's like my stocks just had babies that are going to grow up and become full fledged assets in no time, with a little nurturing and education so they can decide what they are going to be when they grow up. I'm not really talkin' about my CAPS portfolio... I just started playing the caps game recently and I'm still trying to figure out how that is supposed to work. And yes, some of those stocks are in my personal portfolio, but CAPS does not give a good representation of my portfolio's performance because of timing of getting in and other stuff. I much prefer to play for keeps, but I'll mess around with this CAPS thing for a awhile and play along. I supose I should pick out some losers too, eh? Anyway, let the cash flow into my pocket and I'll just keep doing my research for my next stock to buy while the cash accumulates.
PS - I get a lot of great research ideas from you folks here on CAPS, Mahalo to you all.
Here's some of my favorite (non-REIT) dividend payers: CQP, SVU, PSEC