OTCPK:VREYD - Post by User
Comment by
Stockmoves1on May 07, 2020 3:17pm
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Post# 30999537
RE:RE:RE:poise always disappears when the share price slides
RE:RE:RE:poise always disappears when the share price slidesFund managers love to toss out dividend paying funds as an amazing vehicle to make reasonably good returns... It's a catch really and what has happenned in this sector has made it plain as day.. I always say that's so great giving me a dividend until the stock no longer can pay the dividend it once did... i wonder sometimes if the dividend doesn't lol us into sleep.. thinking I'm in such great shape taking in 7% until i have no dividend and lose my equity.. that hurts.. So being the skeptic i am, I park in GIC's for 60% of my Portfolio .. yup Gics of all things and trade like a bandit with high risk so the day I wake up to a major crash im not wiped out and can live with the stress...
Hold of 1.03 will still keep this in tact.... fail 97 and likely back to 86/87 all in due course.. 1.03 hold and could rebuild and take 1.23 out rd3..