In the long run, do you really think it matters that much if you buy at $128 or $123?
Quick example: Let’s say you buy at $123 and it gives you a 10% return for 10 years. If you had paid $128 instead, it’d be a 9.6% return.
Point being, don’t get caught up in dollars and cents. Look for wonderful businesses that will compound your money over the long-term. Don’t be a pennywise and a pound foolish.
Written in 2015.