RE: Budget29 Aug 2024 18:43
It’s not as simple as wanting stocks to stay cheap or go lower to buy more. Generally divi stocks rise as the dividend increases , thereby keeping equilibrium in the market . If one stock is cheaper than its competitor , more will buy it and the price will rise.
Take legal and general. In 2003 you could buy at 90p a share, but the price has almost tripled as the dividend has too.
The trick isn’t just to buy when cheap it’s to buy early, either before a company grows, or while you’re young enough to see appreciation and compounding