Acquire and Hold

(Image from money.cnn.com)

Borrowing more than was prudent, I made the investment without knowing what I was getting into. Luckily, it began paying dividends almost immediately, and the investment more than covered incremental out-of-pocket costs.

After a few years, however, there were inevitable dips, especially after a couple of major expansions caused finances to be over-extended. (After two decades, it's still uncertain whether the expansions will ever pay off.)

The investment has become so long-term that the costs of exiting are prohibitively high. Besides, the dividends have gone up, too, and I will need them in retirement.

Happy Valentine's Day!