Seeing Opportunities In Investing.

Warren Buffett is quoted as having said "Be greedy when others are fearful." The recent stock market turbulence could certainly be seen as a fearful time for many investors. Intra-day swings of several hundred points remind me of a similar time before the collapse in 2008 and 2009. It is understandable why one might be fearful. 

Where will the market go?

I see opportunity. At this point in my life I am looking primarily at investing for reliable sources of income in the future. In looking at stocks I see some of my favorites that typically have a dividend yield of less than 3%  now paying over 4%, and in some cases, 5%, thanks to the recent drop in the market. Companies that have been around a long time and have a history of annual dividend raises. A few are even selling for less than book value.

Stocks on sale?

Of course, there are no guarantees in investing. Dividends may be cut, stock prices may fall further, or take several years to recover but I am looking long term. Ten years or more. I can recall some stocks in 2008 and 2009 that I wish I had bought, or bought more of, at what would have been great prices.

I could be wrong. But having done my due diligence, and continuing to do so, I have and will continue to invest in some great companies when I find a price I like.  I have a long term outlook and I love a good sale. I'm looking for those opportunities to be "greedy."

The opinions presented here are mine and not meant as financial advice or a recommendation to purchase a specific investment. Do your own due diligence. Pictures are mine as well.

More thoughts and ramblings on twitter @MattBellWrites