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Strategies & Market Trends : Dividend Growth Investing and chit chat.

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To: BasketballJ who wrote (1638)12/9/2021 8:08:17 PM
From: chowder   of 2146
 
Re: Automatically adding to holdings that announce double digit increase.

I have had so many companies and funds announcing double digit dividend and distribution raises this year that I can't buy them all, I have to prioritize. In prioritizing I am looking to add on strength, not just the dividend increase and this means I would have to go with AVGO over SYK based on the two examples I have provided today to show what I am looking for under the current condition of the market and based on my risk tolerance level. I had already added to TMO this week using that same analysis so SYK is on the back burner for now.

However, in your situation where you want to own them and don't, I would consider adding a small position here and then manage it accordingly as you go along, adding on strength and ensuring you aren't buying weakness and throwing good money after bad.
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