Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: nmckay Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59  
Subject: Re: Selling or adding to DVY Date: 12/27/2004 4:26 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I consider a few things with dividend paying stocks. In most cases I purchased it for the dividends so it is a proxi bond. I don't intend to sell it. But sometimes they get away from themselves.

In that case, I look at having four years worth of dividends built into the stock price. In otherwords, if I sold it today, I could just sit on the cash for four years and I'd be no worse off (taxes not withstanding). I'll place a stop there. The next hurdle is the 366 day mark to lessen the effect of capital gains tax. Sounds like you've reached that point. The third thing is finding something else I want to buy. Give that some thought.

I'd like to build a position in DVY but so far it hasn't pulled back to a buy point for me. Each rate hike seems like it'll give me an opportunity. And each time I'm disappointed.

nmckay
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Macro Economics

U.S. Stable, Europe Stalling
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement