Post by
Dadsaid2 on Dec 08, 2021 7:32pm
Come on folks...really?
There seems to be 2 types of posters here lately. 1. Those with something intelligent to offer and 2. Those who need to exit the investment game immediately. Ask yourself which you are! I will repeat myself...its about TOTAL RETURN which equals yield plus capital gains(loss). If you bought before Sept 28, the last ex-div date at say $40 and collected.the $2.10 div, at today's closing price of $37.40 you are a net loser. There are a ton of owners who bought much higher than 40 and a few got lucky and bought between 36 -38 and are in a bit of money. Sept 29 and after is now a new ball game. Looks like $34-35 was a good entry point and NET RETURN after next ex-div date should be positive. I personally dont like anything over 36 right now. Still hope LIF goes up in the new year for the long time holders but caution is the word of the day. GLTA.