RE: Bought big25 Oct 2024 10:30
In the next market sell off this will be a penny stock, like most of the ftse over the last ten years just a terminal decline, it’s not unique to Aberdeen, all the financials are junk if you look at them since 2008, Aviva used to be over 8 quid, it just shows why dividend investing is nonsense and buying quality US mega cap growth is the only way to make real money, even US dividend stuff has performed poorly tho nowhere near as poor as U.K. as the U.K. is perceived as a political basket case since 2016 so capital has been exiting, less liquidity equals lower share prices, end of. That will only get worse as Labour seemingly as crxp as the tories. I’d expect dividend to be cut in half soon, absolutely no way they will continue to pay a 10 pc yield with aum being fukt.