Dividend Growth Split Corp T.DGS

Alternate Symbol(s): DDWWF | T.DGS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential, quarterly cash distributions and to return the original issue price of 10.00 per Preferred share to shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least 0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests, on an approximately equally weighted basis, in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the Managers discretion.

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Dividend Growth Split Corp > Strategies for recovering / saving face...

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Comment by bubba9on Dec 05, 2022 2:10pm

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Post# 35151551

RE:Strategies for recovering / saving face...

Don't beat yourself up. Your wish may yet come true...

ehud42 wrote: Win some/lose some - and - education is never free.
I had the right idea, but I was late on the triggers - plural.
Buy and hold is a good long term strategy that I thought I could outsmart.
How do you seasoned folks recover from a bad decision.
I sold DGS on the way down in October thinking the market would tank enough to drop it below $5
It didn't get that low, and I wasn't paying good enough attention, and now it's way above what I exited at.
So, do I sit on the cash and wait for another rainy day?
Or count my losses and just hop back in at a loss?
Or try some kind of dollar cost average to ease back in?

I'm conflicted: I'm seeing markets rise. But I'm hearing / reading that 2023 will be a rough ride.

So do I stay or do I go.