RE: Good Morning All3 Mar 2020 07:18
Scoop, I don’t want to be out of the market at a time like this as it’s an ideal time to pick up some bloody good deals, I’m just getting fed up with Glen and feel I’ve got too attached to it, I was having some good fun last year from January up till Mid April but then it went bit pear shaped from then on, I pulled a fair bit out of glen at that stage but then started buying back in at around the 300 mark as it kept falling as you know I was playing about transferring into KAZ so still hold a lot of GLEN but I’m of the opinion there are better places for my money.
In this game you can sometimes get too attached to one share and miss good opportunities elsewhere.
As for dividends they’re great in a rising market but when the trend is down then it just gobbles up that divi in no time.
Just look at RDSB & BP yes very safe compannies and good divi but they take a bloody long time to rise 20% you watch KAZ she’ll do 20% in 2 months lol