TSX:REI.UN - Post by User
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Saphoon Nov 20, 2020 3:12pm
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Post# 31942577
RE:RE:RE:Price action
RE:RE:RE:Price actionCovidruinedme wrote: doesnt matter, 1 week or 6 weeks, it wont affect value stocks much. there is a vaccine around the corner, the uncertainly of when we go back to normal is gone. the accumulation to lock in yield is happening. do you even understand how crazy 10% yeild is? anyone at lower middle class and up and literally buy in dividend stocks and retire. a condo goes for 400k , thats 30k shares of rio last month or 3600 a month in dividend, with margin its 8k a month while being safe from margin call.
I
I am holding but many will panick and sell. Buying opportunites if there is panic selling. I am happy for my monthly income from REI . Even 16.50 I will add more. I do hope people panick and sell so I can buy more.