SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (9849)8/14/2011 4:08:27 PM
From: JimisJim  Read Replies (1) of 34328
 
Not sure I can agree with that last rule... if I'd followed that strategy, I wouldn't be holding EPB right now for example, because it hit your sell criteria, but not sure it would have qualified to buy back yet and in the meantime, I'd have missed out on the compounding divvies I reinvested, etc.

I don't want to sell any of my winners -- and EPB has been a winner for me in total return as well as divvy/yield. Buying back at lower prices sounds like a good thing, but in the real world, doesn't always work out... esp. in these days of HFT trading where the charts seem to be less and less relevant... HFT trading has really shaken my confidence in charts...

When I bought EPB, it wasn't considered cheap or a value at the time (18s)... I just bought it and have never looked back.

I've found that swing trading income/divvy growth stocks just doesn't seem to work for me. However, stocks (like CEN.to) are a different story and swing trading has worked very well -- I think you need a different type of stock to swing trade from the stocks that are good income/divvy plays. Choose stocks that fit the intended trading style for best results, IMO.

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext