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No. of Recommendations: 2
Dan,

I didn't mean to 'scorch' you. I apologize, but wanted to illustrate. I realize the psychology of splits and marvel at how, in the short term, people react to them. I'm guilty myself at times for getting excited when one of the companies in my portfolio announces a split. Rah-rah, bring out the pom-poms. I do it. However, if I've done my research and like a company and the current valuation - I don't wait for an upcoming split to occur before buying.

If you've got $500 or $1000 to invest in a great company that you have researched and feel is available at a fair value - invest it. Who cares if it is 9 shares or 18 shares? It's the dollar amount five to ten years from now that will be of the most interest.

BB

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