Next year, recession?
Dividends kena cut again?
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Nordstrom family tries again to take department store private, forms
special committee
-
A sign marks the location of a Nordstrom store in a shopping mall on March
20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesThe Nordstrom
family is...
27 minutes ago
Very nice and consistent positive trading income year after year, CW!
ReplyDeleteIts no wonder some of my ex-collegues retired and do trading to fund their retirement expenses. Always admire them.
2022 has been a good year for dividend investors. If recession does come, dividends and stock values sure to tank. Problem is with each cycle, we getting nearer to retirement and with diminishing emploment runway to provide the confidence & funding to accumulate on the dip. I see this recession (if it does come) as the last window of opportunity for me to do my last "big time shopping" of stocks on a sale. Once retired, I wont have the risk nor funding appetite for such "sales"!
Cashed out $160k from casino this year. Satisfying result in a bear market. Next year just play by ear and continue to have fun! 🙏
ReplyDeleteStock market can be casino or ATM depending on players. LoL!
DeleteIt is not a place for the faint hearted. ATM sounds like very safe with the principle protected. Let’s not give the lambs the false representation on risk. 😉
ReplyDeleteCasino- In the long run will surely kill you. Even multi-millionaire.
ReplyDeleteStock market for buy only in long run may make you a millionaire.
But who got the money 🤑 & immense patient & guts.
It likes buying real estate in the long run especially in Singapore?
As CW shared, it is mind, method and money. The satisfaction lies in the continuous learning cos every crisis is different. I have already doubled my 7 digits portfolio. The fun part is that i still have >15 years to reach 60s, time is on my side. Still young.
ReplyDeleteWow 😳
ReplyDelete