![\"NLYYTD\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2014\/10\/NLYYTD.jpg\")
<\/p>\nThe discipline? Stocks are on sale.<\/p>\n
Or the agony? It hurts when they fall. And your portfolio is now suddenly worth less.<\/p>\n
If you like what you owned a month ago, you should continue to like it today. The stocks you own are now cheaper. You should buy some more. After all, isn’t that why you have a little cash, for rainy days?<\/p>\n
Annaly was one of the few that rose yesterday<\/p>\n
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Here’s Annaly over ten years.\u00a0 It’s close to its low. Be nice if it went a little lower. It has an 11% yield.<\/p>\n
Buffett was on MSNBC this morning. He said that his businesses were coming back over the past five years —\u00a0 he said the recovery was “overall remarkably consistent.”<\/p>\n He did say that “Mood swings have substantial.” (Yesterday?)<\/p>\n He likes the dips. He buys when stocks are on sale. Takes discipline. something I wish I had more of.<\/p>\n News this morning:<\/p>\n 08:59 AM EDT, 10\/02\/2014 (MT Newswires) — Credit Card company Visa Inc.(V) has been downgraded by analysts at Visa closed last night at $210.01, less than the lowered price target. Go figure!<\/p>\n Check. Check. Check<\/strong><\/span><\/p>\n + UPS won’t take 0.25 inches as a width. it changes it to 25, which changes the price dramatically UP.<\/p>\n + Don’t waste your money on Crizal lenses. And be wary of all the fancy coatings your guy tries to sell you. Coatings have have an awful tendency to scratch and\/or peel off. And all these fancy, pricey “see in the dark” lenses don’t work. Trust me. I’ve been there. done that.<\/p>\n + Don’t do stupid. The day I wrote the piece (yesterday), I did stupid. I yanked on a heavy couch. The morning my chest muscles hurt. That was stupid. Ask for help.<\/p>\n + Ask your bank if they can get you a two-factor authentication. That’s a userID, then a password, then another userID and then a second password. It’s much safer. Much harder to crack.<\/p>\n Vanguard gets its timing all wrong?.<\/span> <\/strong>In the middle of the steepest decline yesterday, I receive this nice invitation:<\/p>\n I think my retirement plan is on track, sort of. And I probably won’t register for their nice webcast. But I have to be PC about my reply. Should I send a Vanguard a one-word reply, “NO.” Or should I send them a note about Mr. Nathan Zahm being young enough to be my great grandson, and presumably clueless about retirement.<\/p>\n Am I’m being unfair? I have to admit their timing was superb — right at the wrong time — at the time of 250 drop in the Dow.<\/p>\n![\"NLY10Years\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2014\/10\/NLY10Years.jpg\")
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\nSandler O’Neill to a hold rating from a buy. The firm also lowered its price target on the stock to $220 from $240 a share.<\/p>\n<\/a><\/p>\n