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Tuesday, November 19, 2013

Paid-off to be lonely

The plane maker, Boeing, was the big winner at the opening day of the Dubai Airshow, landing $100 billion in orders, twice that of Airbus. Its share price got boosted by adding $2.28 to $138.36 yesterday. Is it really a surprise for us?  Boeing seemed to have endless problems early this year but I told you to take the opportunity to buy when everyone hated it. If you did, pat yourself for an almost double in less than a year. What's more? Yes, you've also got a higher dividend yield at 2.6% based on your original purchasing price, regardless how high its share price has gone up. I bet you will get even more dividends moving forward. After all, if its bottom line is secured, you will for sure get more pay from it.

As I have shown you again and again here in my blogs, don't be scared by others' reckless herd behaviors. When everyone is doing the same thing, it is almost sure you will win by going against them. Being lonely is one of the most important and critical characteristics a successful investor must have. It is not easy but it is essential! Try to learn it.

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