10-09-2015, 01:13 PM
So now I have a big decision to make, EVT is getting close to my cost basis so I can opt to:
1) sell my entire position at cost and reinvest in a basket of stocks.
2) let it continue to pay the 9% in dividends every month (I can't lie, I love when the money lands) and DRIP.
3) let it continue to pay the 9% in dividends every month but not DRIP and use that cash somewhere else, my issue with this approach is that it will take time to compound an amount of cash large enough to be meaningful to reinvest in something else.
1) sell my entire position at cost and reinvest in a basket of stocks.
2) let it continue to pay the 9% in dividends every month (I can't lie, I love when the money lands) and DRIP.
3) let it continue to pay the 9% in dividends every month but not DRIP and use that cash somewhere else, my issue with this approach is that it will take time to compound an amount of cash large enough to be meaningful to reinvest in something else.