Have a plan

I started investing in 2001. Invested casually throughout the years. I had the goal of getting stocks and hopeing they would do good. I started out knowing nothing and I still have most of that knowledge left. When we have a plan a downturn like 2008 and 2009 won’t deter us.

Even though I was down at that time I saw the big picture and really started pumping money in the stock market.

Friends would tell me to sell and move on but that wasn’t part of that long term plan and I’m a whole lot better off because I stuck to that long term mindset.

What I am trying to build is investments that will wether a long 2-3 year down turn I am not there yet but hopefully someday I will

Godbless you in your journey

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Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

6 thoughts on “Have a plan”

  1. Having a plan is always a smart move when investing for the long haul. It gives you a set of rules and guidelines to follow when things don’t go exactly as planned. I held all of my stocks through the downturn of 2008/9. It was tough seeing every one of my holdings very deep in the red but as long as they continued to pay me a dividend I was happy. Thanks for sharing.

    Liked by 1 person

    1. Thanks for commenting.
      Yes it was very tough. That’s when I had about 4 years left in the navy so I looked at my situation and said this is a good buying opportunity. I can’t buy a lot nowadays but hopefully I can find a job and be able to add more soon.

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      1. Those are the best ways I have bought others like Berkshire and Google and auto zone I’ve sold both Google and autozone to put into dividend stock. So I will start reaping those dividends in coming months.

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