Flexible Reinvestment program

6/15/2017 AAPL Bought 1 AAPL @ $144.149

A few days ago I got my 205th share of Apple, and I did nothing to get it except keep my money at play and at risk.

I love my FRIP. It always feels like free money. I'm going to get rich from my dividends any time soon, but I'm not playing the game for soon.

Investing

I like investing. I haven't done enough of it, but I get a little thrill when I buy stock. It kind of reminds me a bit of playing poker. Each day is like a new hand. Your chip stack gets higher, or your chip stack gets lower, but it's not the hands that matter, but your overall stack. The trick is knowing when to walk away from the table.

It's a bit crazy to me that I can have a daily swing that is more than I used to make in a month. What is even crazier is this doesn't generally get me going either way. Sure, I prefer when the stock goes up, but since I don't plan to sell any time soon, it doesn't really matter to me too much. But when it goes down I don't get too upset. I have confidence it'll go back up in the long run. I don't mind fluctuations as long as the trend is in the right direction. I change my emotional response to market corrections and just tell myself this is when stock is "on sale." If you're wanting to get in, these are the moments you are looking for. Buying high and hoping for higher isn't a bad strategy. Expecting to get in on hot IPOs or to pick the next Tesla probably isn't going to pay off. Remember, there was a time when Yahoo was golden and Netscape was a rocket to the moon.