Originally Posted by
Baa_Baa
Maybe you're still shaking off that 'value trader' instinct (the force is strong), pissed at the market for undervaluing your long termer and making you feel bad for having bought in at a bit higher SP? It just doesn't matter what the SP is if you're not going to sell. I have a few underwater if that's any consolation, but also some divis to soften the blow.
If I'm not mistaken this is in your 'forever hold for income portfolio' at a tidy yield? If you want to give yourself a pick-me-up, buy a few more at these depressed prices, it brings down your average SP (obviously), but boosts your net yield and makes you feel good about contrarian value buying against market sentiment. I'm going to get some next week, and the week after that and do a Vaygor on it if I have to. OCA too as it happens.
I also try not to look at or worry about the daily share prices of these shares, they mess with your mind. Maybe a weekly chart or better still a Monthly, but even then that is measuring something that isn't important anymore, the SP, when you're probably already measuring what is important, i.e. how well your earner is earning.
:)