Canadian Money Forum banner
1 - 2 of 27 Posts

· Registered
Joined
·
198 Posts
I personally think this bull run was a load of bull. I'm sitting on cash wait for some low points. Maybe the market won't go as low as it did in march but I think there is still downside to what it is now. The problems that existed 6 months ago are still there and the government has only used some slight of hand to make things look better then they are.
 

· Registered
Joined
·
198 Posts
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?
Generally speaking you, as a dividend investor should have bought these stocks at their current price because you saw value and the dividend was at a decent level and fairly secure (with potential for growth). That being said you shouldn't be concerned about selling since the dividend will provide the desired income...or at least that's the theory.
 
1 - 2 of 27 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top