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Sold at 34.60 good profit

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  • dydxequalszero : DBS has good long term prospects. If you had bought it at a good price, hold on to it. With its current and forward looking dividend yields, in about 15 years, the dividends will pay for the stock price in full. So it’s as if you got the stock for free.

  • 103138869 : it will drop back before xd. take profit is correct

  • dydxequalszero 103138869: Yes but drop back to how much? If it falls back only a bit, there’s no point selling now. You’ll have to buy back at a high price later.

  • 103138869 dydxequalszero: it's not true that it's pointless. you sell now to take profit and realize the gains. so for example you profit 1.5k now. then when it "drops back abit", u buy again and take dividend. so If you don't sell, u only earn the dividend. why not sell and buy back?

  • dydxequalszero 103138869: Hi, let’s say you bought at 33.50, now it’s 34.60, you take profit of $1100. If say one day before ex date, the price is 34.30 and you buy back, then you have paid an additional 800 over your original 33.50 to buy the same stock to get the same dividends. So you basically made 1100 + 540 - 800 = 840. Someone who didn’t take profit and took the dividend and then sold at 33.80 (assuming the price drops after ex date) would also make 540 + 300 = 840 but he made one less trade than you.

  • dydxequalszero dydxequalszero: I know your idea, but it works only if the price goes down a lot after you take profit. If it continues to rise after you take profit, then you’re out of the game and you’ve missed the boat. The fact that today’s buy volume is so large even at 34.60, shows that many people value the stock highly, it won’t drop back by too much.

    In fact if you’re intending to reinvest your dividends, even if the price does pull back a lot and the last two days profits are wiped out, it’s not such a bad thing because we can accumulate more and get even more dividends the next round. So stay invested. The only time to sell will be only if the market crashes and all stocks go tumbling down, then of course sell all and hold cash. If not I rather park my funds in equities then earn meagre interest in the bank.

  • 103138869 dydxequalszero: whatever suits u. your math don't make sense because taking profit and then investing for dividend and expected capital gains, can work. you assume there won't be capital gains after taking profit. stock prices will always fluctuate. it's very strange to want to just hold on to it, if u are so active in monitoring it. people who hold on to an investment despite fluctuations are those who don't actively monitor it

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