RE: Dividends15 May 2025 11:37
Shy and retiring,
Its never really been in my strategy to buy a stock based on dividends. If I can find a stock that is beaten up and oversold that happens to pay dividends then thats great added bonus.
I dont think anyone would base any financial decision based solely on what they read here but your question on to hold or fold......an option is to sell half keep half. Or even just keep your profit in and take your actual money out. Playing with house money then.
I am different stage in my life so my mind will work different. Im only 48. Always had a low mortagage, only £4k now, on a modest 3 bed house. My work has always been feast or famine so trading has filled that gap and always been disposable cash. But I cant have that cash unless I actually sell so I often do into profit and buy something else that on my watch list if I think I can make 2-5% fairliy quicking. Though sitting on 12% gain here today. (25%-30% gain on the last rise)
"Thank you Buffaloben. Helpful thoughts. I put a large chunk of my pension fund into IAG 3 years ago and have made a substantial gain. Part of me thinks I should sell having done well. But I do believe the price will rise further - and if dividends rise I’ll get a nice income and will be “paid to wait”. If dividends go back to where they once were it would be a good income stock in its own right for me in retirement."