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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 25 October 2012 [View all]Warpy
(111,255 posts)52. I'm a relatively small fish, too
but I'm staying in because it's all generating the income I live on. I honestly don't pay that much attention to the face price that makes my net worth (financially speaking), I just make sure what they're paying out will keep me alive and when they stop performing, I dump them.
So fluctuations in the Dow or S&P don't really do much, one way or another. The overall health of the economy is much more important to me because companies won't pay dividends without profits and they can't make profits without labor and clients with enough money to spend on goods and services.
I leave commodities futures to institutional investors. I've found I'm bad at it.
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