Even elite businesses with juicy dividends suffer share price selloffs from time to time.
Sometimes, these selloffs are caused by short-term, solvable problems within the individual companies.
Sometimes, these selloffs are caused because the overall stock market goes down in value.
These selloffs are almost always opportunities to buy these firms at bargain prices and start collecting steady dividend payments.
When you spend money on any big purchase, like a home or a car, you want to pay a good price. You want to get value for your dollar.
When you buy a car, you want to pay a good price. When you buy a house, you want to pay a good price. You don’t want to overpay. You don’t want to embarrass yourself by getting ripped off.
Yet… when people invest, the idea of paying a good price is often cast aside.
They get excited about a