Skip to main content
No. of Recommendations: 8
Yodaorange posted, in pertinent part:

It is unpopular to say, but young people should be hoping for lower stock prices! Lower prices raise the expected long term returns. In our case since we are reinvesting all dividends, it means we will be buying more shares. What’s not to like about it?

That statement (in bold) may be unpopular in some parts, but it is spot-on! And Josh Brown of Ritholtz Wealth Management and a weekly contributor and guest on CNBC's daily Halftime Report program has been saying the same thing for months. So, you are in good company.

(Josh is around 44, and I am exactly 70.)

And I have been reinvesting dividends like mad during this bear market downturn.

Thanks for posting, Yodaorange! And I share your sentiment in missing Ralph Block!

David (formerly, TMFWysocki)
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.