RE:RE:Surprised about the selling?OOOOMM wrote:
Thank you all for the recent posts. I am learning about investing in the market with this current discussion. Not much talk about the buy and hold strategy. I am thinking to simply hold as I expect the dividend to steadily increase over the next couple of years with a plan to sell half my position when the sp comes close to 40. Looks plausible as ALA is emerging as a much stronger company than it was 5 years ago. The long term plan is to be in a position with my stocks where i can check the portfolio quarterly & sleep easy at night. Lol
I think (current) Altagas is a good stock to own as a longer term hold. They have a clear path to increase EBITDA and dividends until at least 2024-2025, so that should support the share price going up for the next few years.
Even as a long term holder, I still do follow the quarterly releases and check that they keep being on track. In the event where they would stray from the path, you need to be able to act (so you don't take a big step down like what happened to the "old" Altagas).