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<blockquote data-quote="Benben" data-source="post: 1147448" data-attributes="member: 25133">Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20I got NYMT at the price I wanted.&nbsp; Am very happy!&nbsp; We knew a market correction was comming, its not over yet imo.&nbsp; Just for perspective, every year-EVERY YEAR- for the past 52 years there was at least 1 drop of 10% in the market.&nbsp; I have read in many places that trying to time the market is a fool&#039;s errand.&nbsp; I try not to time it but rather do a little homework and determine my entry points.&nbsp; &nbsp; This is my take on whats going on in high yielding divi stocks beyond the market correction.&nbsp; Bonds have been the safe-haven for investors for decades.&nbsp; The past few years have seen returns on bonds at just HORRIBLE levels.&nbsp; This is by design.&nbsp; Investors have fled bonds and piled into divi stocks.&nbsp; These investors will jump right back into bonds as soon as they can and thats what happened this past week.&nbsp; High yielders crashed.&nbsp; These high yielding divi stocks, I think, will bounce right back to the &quot;average&quot; for the overall market when the news that the Fed is not changing anything in the next month or 2 sinks in.&nbsp; The lesson is this; when the fed does act this same &quot;divi stock crash&quot; will occure again.&nbsp; Take it for what it is worth.&nbsp; 40% annual return was un-realistic and thats what we looking at so far for 2013.&nbsp; There HAD to be a correction because if there wasn&#039;t the alternative, that would occure later in the year,&nbsp; could and would cripple this country.Vacation this week, headed down to Texas to see in-laws and my little sister&#039;s first baby.&nbsp; See you all next Friday.</blockquote>

[QUOTE="Benben, post: 1147448, member: 25133"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] I got NYMT at the price I wanted. Am very happy! We knew a market correction was comming, its not over yet imo. Just for perspective, every year-[B]EVERY YEAR[/B]- for the past 52 years there was at least 1 drop of 10% in the market. I have read in many places that trying to time the market is a fool's errand. I try not to time it but rather do a little homework and determine my entry points. This is my take on whats going on in high yielding divi stocks beyond the market correction. Bonds have been the safe-haven for investors for decades. The past few years have seen returns on bonds at just [I][U]HORRIBLE[/U][/I] levels. This is by design. Investors have fled bonds and piled into divi stocks. These investors will jump right back into bonds as soon as they can and thats what happened this past week. High yielders crashed. These high yielding divi stocks, I think, will bounce right back to the "average" for the overall market when the news that the Fed is not changing anything in the next month or 2 sinks in. The lesson is this; when the fed does act this same "divi stock crash" will occure again. Take it for what it is worth. 40% annual return was un-realistic and thats what we looking at so far for 2013. There HAD to be a correction because if there wasn't the alternative, that would occure later in the year, could and would cripple this country. Vacation this week, headed down to Texas to see in-laws and my little sister's first baby. See you all next Friday. [/QUOTE]

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