Post by
lovehockey on Aug 26, 2022 1:12pm
When I receive divs
I will buy more cheap GXE shares, every month! It works like buyback pretty much while the shares are cheap!
Comment by
RAWCOLTY on Aug 26, 2022 1:32pm
You should have your Bank or Trading house enact an automatic dividend reinvestment plan on GXE. You can save on trading fees since they generally don't charge for the repeating dividend share purchases. I have the DRIP enabled on all my investments in my Portfolio that pay Dividends. "The Eighth wonder of the World is Compouning Inerest" - Einstein.
Comment by
Luckyeleven on Aug 26, 2022 1:48pm
Not wise if you ask me. I would rather buy my shares on my own on down days and pick my price instead of letting the brokerage hit the ask over a couple of bucks in trading fees.
Comment by
lovehockey on Aug 26, 2022 2:10pm
I don't care about fees as my. purchases are usually significant even with 1 cent differentials so I always try getting a better deal. Take today as an example. Why buy for 1.30 if with patience you can buy for 1.28?