RE:RE:RE:If you sold this morning at say 37.40 what do you do now ?Hey Dean
As I've always said, you are one of the best total return investors on SH. From the total return point of view on BCE, you should look at the positive that at least you sold half.
My worst managed companies of all time that we've owned still has ALA at the top of the list, then AQN, then PKI, then BCE. We sold all of the first 3 and did poorly with ALA (profit of $7.8k in 10 years),, a little better with AQN (profit of $43.6k in 12 years), and quite well with a timely PKI sell (profit of $56.9k in 7 years).
As I;ve also mentioned, my wife & I are dividend income/growth investors and so I think BCE still fits for us (especially as we are down to holding only 12 stocks total). As I've also mentioned, I'd be fine still holding BCE even with a 30-50% divy cut. (and am expecting some sort of cut in 2025 which will be good for the stock price)
Tax loss selling is just getting ramped up so I expect more serious bleeding untilt the end of the year. I plan on adding another $7k of BCE iat the start of the year,
Tale her easy and all the best in the rest of your investments
Sarge
DeanEdmonton wrote: YOou celebrate that you didn't wait to sell it at the current price of $37.10. :-). I have NO idea where the bottom is for this stock, but I don't think the current price is the bottom. We have a month and a half of tax loss selling to go. I have no trouble seeing this at $33 bucks, or even less. At $32 it hits my ACB, this downdraft means I have left a lot of money on the table, dividend be damned. I sold over half my holdings quite a while ago, I REALLY wish I had sold it all. Hard to decide whether BCE or AQN is the worse managed company right now.
Ocalaman wrote: Smile