Friday, May 7, 2010

Long Term Investing

What is going on with the market this week? To me is smells like a great buying opportunity for us long term buy and hold investors. You can now get in cheaply by buying Wendys(WEN), Kraft Foods(KFT), McDonalds(MCD), and a lot of the big name conservative dividend paying stocks. May have to ride through more short term bumps but in the long term you will do fine. My opinion is buy these companies and take your Dividend checks to the bank every 3 months! Ignore the crazy variance of the market and buy safe long term holding type of companies. Happy Investing. Tony

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