Still about the long term1 Feb 2024 08:29
Through all the daily noise, for most of us it's about the long term.
Reading about Iliad, I still have enough faith to believe the deal wasn't the best one, and there's better to come. So if this proves to be the case the initial reaction is just a bump.
I invested in Vodafone for the long term, 5-10 years, and have been topping up and bringing my average down each year in my isa. Why? Is it fundamentally much worse over the 12 months to reflect such a gap in the 12 month high - my view is no. I like the divi, it gives me the option to have some cash, reinvest, diversify, or have a treat. If I lose the divi and see the share price increase by 5-10p fine. My view is this still has good long-term value and a current upside of 20p + on the current price over 2-3 years. Only time will tell though.