Member Info for vred

Wish I had some spare cash. 26% down on this. Could do with a little average down!

Why the huge rise today? What's going on?

It's because the system thinks you keep writing

T wat

Monty, I'd have said last year was a good time to acknowledge this

I couldn't have put it better triumph1. I have done exactly the same!

I bought in here yesterday. Fundamentals look sound. A big drop recently but I've put in an initial stake and if it drops, I'll buy more on the way down. If it rises, I'll just sit back and take the dividend. Happy days.

I never worry in a correction. It's a buying opportunity. Especially dividend paying stocks!

Trading statement doesn't look too bad

Just jumped in. Long term hold. Will average down if need be.

My thoughts exactly! Why not take advantage of this? Buy on the big dips and sell on the rise. Obviously no one can predict the top and bottom, but if you're u believe in the share. Buy in. Average down when the opportunity presents itself and sell when back up!

#MeToo

I won't be selling at a loss. I've found that 9/10 times, I could've sold at a profit if I had waited and averaged down. Gone are the days that I panic sell. It's strange how the stock market works. I will average down more when this share is the dog of my portfolio. At the moment there are 2 worse performing dogs before xlm.

Good luck everyone. No need to worry until dividend is suspended. Then it will be a long term hold.

Dandee, you're right, but I won't be piling anytime soon as xlm is now my 3rd worst performing share. I got one that is currently 33% down. So that is the next one I'll be throwing good money at.

I know a lot of people will be thinking this is a dangerous strategy, but the way I see it is, I'm getting paid a dividend whilst I wait for a recovery. Also, I am very well diversified, so I'm not worried.

Last week I was 31% down and this was my worst performing share. So I decided to average down. After averaging down, I was 17% down.

After the last few days of drops, I am now 27% down. FFS!

Best thing to do is just collect the dividends and wait for the price to recover. Paid to wait if you will.

What the bloody hell just happened here?

I bought £10k worth at 440p in July 2017. Not bought any more and not sold any. Love the divi and this is a keeper. I don't like adding when I'm up. Currently up 31% and I refuse to add right now. I'll be next adding to my losers.

My biggest loser at the moment is PaddyPower where I'm down 27%. So any spare money is going into that at the moment.

What yield is barick paying? I can't seem to find any info

Correction, 33% down now!

I've found when Im over exposed in a certain share, I tend to panic sell I'm 25% down at the moment but will be hanging on and as you are, will just collect the dividend and if I had Spare funds, I'd be averaging down here as well

How much are you down percentage wise? I am down 25% but it's a small holding. Thank god I am a big believer in diversification