JMO, I think you have to figure out what investor you are. There are all kinds. Not right or wrong, but what works for you.
I don't see many dividend articles talking preferreds, but my port is 9.1% invested in them.
You like to sell at a 10% loss, where I would probably be more prone to add. For myself, I've found I make out better most times if I don't out think myself on stocks going up.
A year ago MPW was $8.69, now $16.90. I find the dividends make it easier to hold.
I didn't get as good a price on WAG, but bought it for the dividend growth so I'm not thinking of selling. On the other hand, I buy lots of dividend stocks looking for appreciation and not divvie growth.
Then again, I'll add to trading dividend stocks going up, but not divvie growers. I'd rather wait for the next bargain to come along. Sometimes it is the one I just bought. :(
04/01/2013 00:00:01 QUALIFIED DIVIDEND (WU) 31.25 ---
02/07/2013 11:38:19 Bought 71 WU @ 14.5799 -1,045.12 ---
02/01/2013 14:32:17 Bought 133 WU @ 14.3398 -1,917.14 ---
12/31/2012 00:00:01 QUALIFIED DIVIDEND (WU) 5.75 ---
11/01/2012 12:14:40 Bought 46 WU @ 12.4998 -584.94
I was adding to RNDY with a 58% gain on my original shares.
03/22/2013 13:13:47 Bought 200 RNDY @ 6.4497 -1,299.89 ---
03/18/2013 00:00:01 QUALIFIED DIVIDEND (RNDY) 42.00 ---
02/08/2013 13:48:47 Bought 60 RNDY @ 6.02 -371.15 ---
12/20/2012 10:19:45 Bought 140 RNDY @ 4.6399 -659.54 ---
11/16/2012 10:21:42 Bought 150 RNDY @ 3.81 -581.45
OXY is down from my buys, but as soon as their price comes in to parity with PG, I'll swap for some more.
02/15/2013 15:43:58 Bought 50 OXY @ 84.72 -4,245.95 ---
02/15/2013 12:43:36 Bought 50 OXY @ 85.4 -4,279.95 ---
01/31/2013 09:52:59 Bought 50 OXY @ 86.9 -4,354.95
It's OK to be a hybrid. lol! |
