RE:RE:UNIT NAV 14.45, Class A NAV 4.36I have stuffed a bunch inside my TFSA, while it's tempting to sell and grab the immediate captal gain I know with patience it will eventually pay off with the gain plus a juicy totally tax-free 30% distribution.
The market has rallied on vaccine optimism and yet we are still in the early stages of recovery. Huge pent up demand will lead to explosive growth across many sectors by this time next year and into 2022 which DGS will reap rewards from. GLTA
slst wrote:
Hope you are right. They are nicely diversified with a great selection towards higher dividend growth stocks. That itself is a worthy strategy for long term growth and safety.
When it restores its distribution, it should head towars 6. So that is a 50% gain.
Buyers at this level will then earn 30% annual distribtution going forward. Almost seems too good to be true, but thats where they were early last year. Added at 3.98 in TSFA. Just waiting.
Could be 6 months or even a year. Seems worth it to me.