Post by
bossu on Nov 30, 2021 11:26am
Cash position..
In this overvalued stock market ,being cash is king and this is what I have been preaching all along and still have 60 % of dry powder.
Very tempting to add some valuable stocks but the Maket drifting is far from over.
At today's price ;
Keyara has $ 1,92/ $ 28,16 6,8 % Yield
PPL has $ 2,52/ $ 37,91 6,6 % Yield
Nice yield but a significative drop in both cases.
An extra 10 % could become interesting
Many example right now.
But still not moiving ,.....
Comment by
GunnerG on Nov 30, 2021 12:26pm
You are over a year now with the 60% cash position. Had you bought those stocks one year ago you would have had those dividends and probably cashed out at much higher prices. Lost all that money while waiting for a correction, to bad. On the bright side, you got .025% in your savings account.
Comment by
GunnerG on Nov 30, 2021 12:41pm
PPL one year ago $33.12 and a high during the year of $43.00. Up 30% plus divi Key $22.41 and high of $35.75. Up 60% plus divi. Savings account up ??