ManjaroKDE
Member
The markets have been brutal recently. Being a dividend investor has it's quirks, patience is a virtue of which I had a sharp learning curve to overcome. I've been buying recently so I wanted to see what the damages were. The DOW is down over 12% since my current record keeping started. My portfolio (which has a 7.7% yield) is down 4.4%. Just updated all my positions to reinvest the dividends for those currently active. My pension provider manages all my accounts, management fees are free.
Remembering that 12 months is the important number for taxes and 'Capital Gain' reporting, I only hope things right themselves during the next 10 months. The saying goes 'Buy, when there's blood in the streets even if it's yours'. Someone from the Rothchild family is credited with uttering such drivel, so who am I to complain. I had some savings that were languishing in the 1-1.5% range and it felt like watching someone with a nervous tic. Cost more to keep track of and send me a statement.
Remembering that 12 months is the important number for taxes and 'Capital Gain' reporting, I only hope things right themselves during the next 10 months. The saying goes 'Buy, when there's blood in the streets even if it's yours'. Someone from the Rothchild family is credited with uttering such drivel, so who am I to complain. I had some savings that were languishing in the 1-1.5% range and it felt like watching someone with a nervous tic. Cost more to keep track of and send me a statement.
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