10-07-2014, 06:37 PM
(This post was last modified: 10-07-2014, 06:41 PM by Dividend Watcher.)
(10-07-2014, 06:17 PM)Lewys120 Wrote: Going to buy tomorrow so someone please warn me if I'm about to do something dramatically wrong!
Nope, just be prepared for a couple years of who-knows-what performance. They're going to work through the US/Canada/GB sales slump eventually. In the meantime, just collect the dividends either by reinvesting or adding to your cash and add another holding.
Just curious ... what made you decide on MCD?
I made my first purchase of MCD at about the same price 3 years ago. In the meantime, I've added 10% to my shares just from dividend reinvestment and my quarterly dividend check is up 50% over that time period. I'm lovin' it.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan