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To: Trapped Behind Enemy Lines

Hope you are right.

My Mutual fund as both Apple and Disney in it.

A drop means I can get more pieces of the fund.


16 posted on 08/05/2015 11:31:28 AM PDT by Conan the Librarian (The Best in Life is to crush my enemies, see them driven before me, and the Dewey Decimal System)
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To: Conan the Librarian

With real estate it’s location location location.

You could buy a house in Bel-Air that looks like the one on Green Acres, but it would still be worth a fortune because of its location.

With stocks it’s earnings earnings earnings.

As long as you own stocks that show fantastic earnings like AAPL and DIS you should do well over the long run, but once an awhile even great a company suffers a big hiccup. A few weeks ago, I saw Chipotle down about 45 points in one day. Now the stock is trading at record highs around $755 a share.


22 posted on 08/05/2015 11:37:11 AM PDT by Trapped Behind Enemy Lines
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To: Conan the Librarian
Hope you are right. My Mutual fund as both Apple and Disney in it. A drop means I can get more pieces of the fund.

So, you're actually pleased that the value of your fund has dropped, because now you can afford to buy more of it?

Yes, I've heard that logic before.

Regards,

36 posted on 08/05/2015 12:15:37 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Conan the Librarian

Very true. It’s the morons who sell now that have no idea what they are doing.


41 posted on 08/05/2015 12:31:40 PM PDT by eyedigress ((Old storm chaser from the west))
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