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Strategies & Market Trends : Value Investing

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To: a128 who wrote (27493)7/27/2007 7:50:38 PM
From: Paul Senior  Read Replies (1) of 78747
 
a128. I'll add more to such stocks if they drop further on no adverse new.

"...many of the stuff I own/ bought with nice dividends that I expected to provide some kind of cushion in a down market has done just the opposite."

I'd say absolutely all of those which I bought for dividends to provide a cushion are down. Perhaps not all substantially so, but all down enough (and some down more than enough -g-). Since my weightings in these type stocks are much greater than others, my total portfolio value is very very much affected.

I'm REALLY surprised, dismayed and and a little disconcerted by the drops now in the good dividend/distribution paying stocks.

My intent though is to continue adding if/as such stocks drop to further lows.

I could be very wrong. While dividend yields on some of these stocks are relatively high to their history and/or to bond yields - that is, some stocks yielding 8,9,10,11,12 percent -, I have seen a stock distribution yield as high as 18% for an okay stock in a previous instance when Mr. Market has really wanted out of stocks. I'm saying, I've no assurance that things will not get worse for our dividend/distribution paying stocks.
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