aside from dividend payments, you don't "make" or "lose" until you sell
markets coming down a bit again today. After spending last night reading various articles after the markets closed, they all made it seem like a huge massive drop and huge losses but looking at my charts, it's really not too bad.
Being 24 years from retirement I've got lots of time!!! I'm just looking for those bumps or market corrections to jump in when I've got the cash to do so.
Well that is a surprise. Surge is my only holding and a sizeable one. I'm been twisting like a pretzel these past few days on what to do. Pay the capital gain or ride out the storm and hope they can get the oil out of the ground they say is there. The entire stock rests on the reputation of Paul Colbourne. Excuse me while I go poop, again.
Again I'm just thinking long term. With a dividend being paid it'll at least bring in some income.
The stock while loved by most, has had some critics and while the entire commodities market is getting pounded on the grounds that the global economy is going to stall and there's plenty of oil, I personally have time to ride the drag out and should see the economy eventually turn around and consumption resume.
Only my "gamble" stocks are dragging me down right now. All the other stuff is still well above my purchase prices.
