Twiga
This is my first post so please forgive any mistakes. I am a dividend investor, not so much a trader, but I have bought a number of stocks in this rally that are now trading at a bit or more below the level at which I bought them. Having heard a number of guests on Market Call and Market Call tonight advise taking money off the table, my question to other members is whether you would take the loss of between $20 and in one case about $200, or hold on. And the other question is whether for such 'solid' stocks as the telecoms and banks, REITs and financials such as PWF, do you hold regardless for the dividend or also liquidate. I was burned badly in the meltdown (no calls from our advisor during the whole time so we "broke up") and have spent the last 5 months educating myself on dividend and income investing, but I lack experience in how to judge "stop loss" placements. Any ideas where to read up on such topics?
This is my first post so please forgive any mistakes. I am a dividend investor, not so much a trader, but I have bought a number of stocks in this rally that are now trading at a bit or more below the level at which I bought them. Having heard a number of guests on Market Call and Market Call tonight advise taking money off the table, my question to other members is whether you would take the loss of between $20 and in one case about $200, or hold on. And the other question is whether for such 'solid' stocks as the telecoms and banks, REITs and financials such as PWF, do you hold regardless for the dividend or also liquidate. I was burned badly in the meltdown (no calls from our advisor during the whole time so we "broke up") and have spent the last 5 months educating myself on dividend and income investing, but I lack experience in how to judge "stop loss" placements. Any ideas where to read up on such topics?
