I won’t equivocate. There are hundreds reading my blog now. The October low of last year really does need to hold, or it will get even more ugly. Much more ugly!
That said, we popped this morning, and it’s slowly selling off… again.
What this means is that anyone who has not been a buyer of the very highest-quality, and safest-dividend growers, up to this point in time… (and I have been. I’ve expended nearly all of my cash, and I’ve sent even more), have an opportunity to start accumulating shares in these very same companies.
Don’t go all in… don’t go crazy, but it makes all the sense in the world, if you have the means to do so, start accumulating some shares in these particular companies, and wait for any kind of further sell-off. If you’ve opened an account with eOption, and can trade at just $3 a transaction… buy just $500 worth of each of these firms. Do it, right now… just $500 worth, and then see what comes of them. You’ll have spent .6 of 1% in commission cost, and acquired some equity, which will immediately start paying you a dividend income. Can’t you at least do that?
Should shares tumble again, and the VIX measure of fear should launch higher again, there will be an even greater opportunity, a possible once-in-a-lifetime opportunity, to start building a portfolio of shares in companies that are among the very safest-dividend growers of portfolio dividend income.
It’s the only thing I’m about… if you can’t stomach the volatility and uncertainty, this might not be for you… but, since this strategy has always worked for those who have committed themselves to it in the past… I’m willing to stake my entire future and retirement upon it. I think it is the very best way to go about this, bar none!
Here’s to your successful investing!
Harold F Crowell