RE: Div Chasers ..11 Aug 2022 19:35
Loggy, the way i see this, is i am expecting growth from the current sp and also it's paying a good dividend, maybe not guaranteed but what is ? if i was to sell up now which would be at a bit of a loss and then bought another share, what's to say that other share will not drop in price and lose me a lot more money, the frequent buying and selling is a mugs game and the chances are you will lose unless you a pro or very very good, trying to time the market has not been a great success for me, keeping it simple and pooling dividends together for buying opportunity's has been giving me the best outcome
but I'm no expert and not everyone will agree with me of course, some of my other shares have had good results this week, lgen-aviva-mng, so far dlg has been the weakest link, but we know the reasons for that and hopefully it will sort itself out once inflation adjustments have taken effect, very pleased with the low drop today, but tomorrows another day
GLA