3Anno·

When the stock market doesn't behave the way you'd like it to....

Since I like to buy shares of companies which I like to use myself, I have $WDFC (+1,43%) on my watchlist for a long time. Today was ex-day and I was planning to finally get this little dividend pearl with a nice "dip" from dividend discount and sell-offs to 2% dividend yield in the depot. 2% isn't a hoot but the dividends are rising regularly and I'm investing for the loooong term.

What happens? The share price goes up! 😬

Now it's back to waiting and quoting the great Buffet:

"The successful investor has a great deal of patience, he buys far below fair value and sells far above fair value."

5 Commenti

Der Spekulant@Derspekulant1

3Anno

So on the basis of your own use, there should really be no argument to buy a share.

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3Anno

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Der Spekulant@Derspekulant1

3Anno

@AlexHaubi No, you shouldn't do that because if you like a brand, it's your opinion that counts and not whether the company is good or bad. As we all know, feelings and emotions have no place on the stock market, which of course includes products that I like myself, regardless of whether the company behind them is good or bad.
I mean that I like Mercedes, but that is not a decision for me when it comes to investing money. Of course, it works the other way around too, many people avoid defense companies like Rheinmetall, but it brings more returns.

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3Anno

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Der Spekulant@Derspekulant1

3Anno

@AlexHaubi Of course, it's understandable that you'd rather buy what you know a bit about. Put your money where your mouth is is what they like to say 😂

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