Thanks. I called the family financial guy and he is going to get me the numbers on the stocks in the portfolio that pay dividends with falling share prices. The guy thinks I'm pretty smart for asking. (Thanks for that, I needed an ego boost today) Also, called the family accountant and discussed selling some shares at the end of the year to take a loss equal in value to the tax owed for the year. This was my idea and the accountant also gave me some kudos. So while I didn't really do anything, I did thanks to this site gain a measure of comfort and also made a plan. That's more than I had with my morning coffee earlier.
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BB,
You might want to do a bit more research. The dividend is getting wiped out due to big loses and companies hurting for cash. BAC (bank of america) went down after the market close and they also cut their dividend. When you get the list, check out those co. charts for last 2 years before pulling trigger.
One good source of information is Barron's weekend edition. You can get it online every Saturday morning through "NewsStand". Also you can subscribe to Briefing.com, they have daily market analisys and some very good research tools.
Education is your best friend, and there are a lot of good books and sources out there. If you don't trust your guy, get a different one. When you had your medical problem, did you get second opinion from another Dr. or cvo members (no offense to anyone).
Time to get off
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Topic: Financial Meltdown?! (Read 81128 times)