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06-10-2020, 09:31 AM
(This post was last modified: 06-10-2020, 09:31 AM by fenders53.)
CBRL has been a traders favorite well before Covid. Pretty crazy you can day or swing trade around a core position in a mature slow growth restaurant. It's not as much fun with the dividend gone for a good while. I think CBRL is worth about 100 with no dividend. We'll see where it lands.
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07-13-2020, 11:05 AM
(This post was last modified: 07-13-2020, 11:06 AM by fenders53.)
Enjoyable read as always. Pleased to see you are exceeding your 10%+ income growth goal. My port has as well, but it has sure been more complicated to manage this year. It's tough to know when it's time to run away fast or maybe just trim a Div cutter, or a tech stock that is running far ahead of fundamentals. I think your decisions have been sound, whether it looks that way immediately or not. Let's hope the Div cuts are over, but I suspect we may have to manage a surprise now and then going forward.
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Enjoy the journey Eric!
All the hard work and due diligence pays off, and then in time you get to a certain spot that it REALLY pays off. Most investors accumulate their biggest gains (wealth accumulation) within their last 5 or 6 years of employment--money makes money. It was difficult at times and took a steady hand not to deviate from the financial plan but I've been crunching the numbers a lot lately and it's come to the realization that even though I plan on retiring in 10 to 13 years from now that I can theoretically retire in 3 years. But I'll be too young and I still enjoy my job so I'll keep on truckin' along. Of course, maybe in 3 years I'll say screw it lol.