Bought back into UTX this morning, was hoping to get an entry price under $105, but I'll settle for under $106.
Don't want to miss a recovery rally back to new highs and by the looks of things, it may happen fairly quickly.
Throwing out the bear suit and back to running with the bulls.
Being a buy and hod investor who reinvests as many dividends as possible, I am a happy holder of UTX. My initial buy was well under $7 a share. I do not understand why anyone would not just buy and hold forever a good company like this. I have no bear suit but I have time and steadiness and that is what it takes. I hold a stock until it's story changes dramatically and permanently. This stock will be in my estate when I die. Be patient and consistent and you will become wealthy over time. There is absolutely no reason to trade this stock.
May not happen at all. They may want to wait until the market goes to hell before they do anything. Some of them think it is no big deal. If you own stocks and they do not raise the debt ceiling we will see how big a deal it is. Maybe looking at a recession. What a bunch of idiots.
Want2bik - You are probably much more financially astute than me. I will give you that one. For my benefit, can you please educate me.........With all the debt we have, how do things get better if we go further into debt by raising the ceiling? You are much smarter than I am and I know you have the right answer. Because, if it is better for the country to go further into debt, than I am going to do it also in my own personal finances. Thanks in advance for your advice.