The market just keeps going higher! Tax reform, Fed ambiguity, and fewer headlines on North Korea continue to drive equities forward. I like the gains but at the same time it’s almost impossible to find a cheap stock. I was going to buy Sonoco but the share price is now over $50. I can’t quite pay $50/share. Even $48 was a stretch given the … [Read more...]
Archives for September 2017
The North Korea Correction
In the past I’ve discussed the benefits of buying on the dip and being skeptical when the market is surging. When investors become euphoric, bubbles form, and many subject themselves to hefty losses. We saw this in 1999, 2007, and today. Even when we “buy the dip” so to speak we still suffer some losses. In many cases we’re trying to catch a … [Read more...]
When to Sell a Dividend Stock
Knowing when to “sell” is perhaps the most difficult decision in investing. If the stock is down you need to figure out if and when it will turn around. In contrast, if you’re sitting on 50%+ in gains, do you take a nice profit now or wait for more? While securities like Amazon rallied tenfold in recent years very few investors experienced 1000% … [Read more...]