Well, with the recent downturn, I've been watching nearly every one of me investments tank.
Well, Jack, I bet you're feeling like a big fat fool now; all that money down the drain!
Not so fast.
My investments were all into decently strong dividend stocks. The fact is, the investment I've put the most into pays a healthy monthly dividend. At these current prices, my Synthetic DRIP (Dividend Re-Invesment Plan) will buy two whole shares instead of one.
Which means that these low prices have actually ACCELERATED my plans, not caused them any lasting harm.
In fact you could say that with this downturn, my investments are worth MORE to me then before!
They will purchase a nice boost of shares, and I win. My dividend income goes up, because more shares are purchased.
So, Am I throughly stressed by the market's fall? No.
Am I somewhat nervous? Yes, of course.
Remember, I've only been invested in the market for just over a month.
I don't have the personal experience of long-term investment woes.
But at the current state of the markets, am I running for the hills? No.
I'm going to sit here at my desk at work, and write posts, and read non-market news, and try to relax, and think about having a nice fat passive income stream to look forward to in the future.
