Having another rough day in the markets

Having another rough day in the markets

I’m not doing better than the Dow today but I am still out performing the S&P and Nasdaq. Here’s to hoping that people start bargain hunting and bring things up a bit towards the end of the day.

Personally I’ve felt the Dow in particular is still double where it should be naturally. Something changed back in 1996 or so where the Dow became erratic and then exploded in growth around 2008. I think if the Dow grew naturally and incrementally it should be near 15,000 instead of 30,000.

This is also why I find dividend stocks more appealing. Even when the market has drastic drops like today if you buy solid boring companies with good balance sheets you may or may not make money on the growth of the stock price but they still pay you quarterly.