On a day that the The European Central Bank has started buying corporate bonds and One of Europe’s biggest banks is considering taking a drastic step to avoid negative rates – I am going back on strike.
I don’t want to be making stock trades until Mr. Market decides to present us we some compelling opportunities – that is, if the World’s Central Banks will allow this to happen:
As usual – rather than recommending trades that are less than optimal, I would suggest practicing patience and reading a good book. Reading a good one about Dividend Stocks right now on my Kindle:
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Here are a few quotes from the book:
“It’s important to remember that a dividend stock is still a stock and it’s not to be used as a swap for a bond when you primarily desire capital preservation.”
“Think like a business owner and never buy a dividend paying stock without understanding how the company makes money.”
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