3M, DuPont And J&J: A Fresh Take On 3 Old-Time Names

3M, DuPont And J&J: A Fresh Take On 3 Old-Time Names

Monitors display signage for 3M Co. on the floor of the New York Stock Exchange (NYSE) in New York, ... [+] U.S., on Monday, Oct. 23, 2017. U.S. stocks got off to a slow start as investors prepared for a big week of earnings reports, awaited possible changes at the Federal Reserve and monitored the progress of tax reform. Photographer: Michael Nagle/Bloomberg



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I have gotten calls and emails from individual investors wanting to know whether it is time to buy that EV stock or that SPAC or that penny stock that has gone up 50% in two days. And what about bitcoin? Welcome to FOMO — the Fear of Missing Out, cautions Chuck Carlson, a leading expert on dividend reinvestment plans, the editor of DRIP Investor and a contributor to MoneyShow.com.

It is worth noting that these investors are typically long-term, buy-and-hold types. They tend to focus on quality and dividend payers. But they are reading about these massive gains in speculative stocks and want a piece of the action. I suggest you suppress the need to act on your FOMO for at least two reasons:



FOMO