Tuesday, September 16, 2008
Buying The Dip
I generally don't comment on my retirement portfolio, but I'll make an exception today. I picked up some Goldman Sachs (GS) today at $127 even. With the current $1.40 dividend, shares are yielding 1.1%, and GS should fare much better than others during this financial turmoil. Anyway, figured I'd put this down here so I can refer back in the future. I've been very, very wrong about the financials thus far (with C, and some XLF in the retirement account), but I'm sticking with my long-term plan for now.