RE: It seems...20 Mar 2024 00:09
AbjectPerformer:
Trading Aviva from 265 in covid , made far more from trading Aviva than just holding for the dividend, in some cases I have stayed in for the dividend but still traded.
Its worked very well for me , so far.
So yes, I do think short term with Aviva.
Remember this was 365 just a few months ago from 467, the difference is over three years dividends in a few months.
Trading shares with a good dividend removes some of the risk, if you get stuck with them at least you have a good dividend while you wait for the stock to recover. Glencore, 475 to 365 . BP 550 to 450, are other examples of good trades in the last few months with the support of a good dividend if you get things wrong. A few exceptions like RR I would not sell, but there’s not many of them.
Not everyone likes to trade , with the research , Charts, etc…some just want to “bung it in a company” and hope for the best , watching the frustration of the snakes & Ladders show every day but happy with the 8% a year.
So short term thinking with Aviva, but with a reason.
Personal choice really.
Do you think this momentum will carry on after the incentive of the dividend and the 300 million buybacks have stopped ?