Being that Boeing represents 6% currently of my portfolio I can look at this one of two ways the first way to look at it at is that my portfolio is being hammered and I'm losing money. Panic and sell off My shares.
The second way to look at this is the fact that Boeing is on sale today and I should try to purchase more shares.
Let's face it Boeing is not going anywhere anytime soon. Commercial airlines and several governments around the world depend on the products that Boeing creates.
Today's dip in price represents an opportunity for dividend investors who were looking to get in but the bar to entry for Boeing was too high.
Currently the stock price is at $328 which is well below the $333 that I paid per share for my for my 4 shares of Boeing. The 52 week high for Boeing is $446.01.
I will try to see if I can scale up today by purchasing at least two more shares.
Once the 737 max issue is resolved then I feel confident the stock will go right back up.
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