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𝐓𝐢𝐦 𝐁𝐚𝐥𝐝𝐰𝐢𝐧's avatar

I am an investor, not a speculator. I fear dividend cuts, not bear markets. If the company's dividend is still reasonably safe, I hold the stock even if its price is dropping. Sometimes I get burned (Lehman Brothers!!!). But I do appreciate speculators, since they provide liquidity to the markets. When trying to unload a stock in a panic as its price plunges, it's the speculator who buys it from you, hoping to make a killing. Owning gold makes sense to me as a store of value only, since it pays no dividend. My two cents...

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Mark Gayhardt's avatar

I got news for everybody…… ALL investment is speculation….. financial markets are NOT quantitative absolutes…. just probabilities

Caveat Emptor!!!

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