Mon, Dec 22, 2014, 11:04 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

iStar Financial Inc. Message Board

  • burritosburritos burritosburritos Sep 26, 2008 2:54 PM Flag

    Should I still keep dripping SFI?

    Been buying $125 of this stock every month for the better part of 10 years. Used to get 3 or 4 shares per month. Now I'm getting 10-20, soon to be 30-40 shares per month. I know I might be throwing my money away and it's one of 10 drips I've been doing. However, I'm not going to stop. Here's a softball pitch. How stupid am I?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • How stupid are you ? Noboby knows at this point but you're not alone.But I hope you diversify
      your holdings.
      I have read about holding and reinvesting dividend paying stocks .In the long run the dividend stock holder should do about as well as the traders.At this point I just hope what I've read was correct . Since I'm not to bright and wanted to diversify,I bought many stocks instead of just 10 stocks.I'm in the red at this time .But hope to be ahead in the long run.I hope the stocks that make it, make up for the ones that don't in these times.My stocks are as follows:
      ACAS, AEE, ARLP, BAC, BMY, C, CHKE ,CLMT, CPNO, DFR, DSX ,EDE, EPD ,FUN ,JRT, , MCGC , MIC ,MMP, NAT, NRGY ,PCU, PFE , PGN, SFI ,T ,TEG ,VGR,

      Best of luck to all.

    • Keep it running dude. $125 a month is not exposing you to ruinious risk. Within the next 6 months you will know a lot more. If it goes down - your past investments (by today's measures) are sunk costs already. The additional $750 you will be dripping in over the next 6 months will not make a big difference in case of a total failure. There is a better than 50% chance however that you will find redemption, with an above average reward.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Gilead Sciences Inc.
NASDAQMon, Dec 22, 2014 4:00 PM EST
Rite Aid Corporation
NYSEMon, Dec 22, 2014 4:01 PM EST
AbbVie Inc.
NYSEMon, Dec 22, 2014 4:05 PM EST