November 5, 2019
Mike Morey, CIO at Integrity Viking Mutual Funds, was quoted in U.S. News about his thoughts on disciplined investing and reinvesting dividends:
"Why reinvest? Simply, for compounding interest, it's the most powerful wealth generating tool in the universe and the principles of compounding interest apply to compounding dividends."
"Disciplined investing will reward investors by taking out two critical mistakes investors make. One is fear of missing out, when investors chase returns but typically show up late to the party and get burned. The other is panic selling, when investors sell quality companies that have seen their share price significantly reduced."