03-27-2013, 02:54 PM
I bought some WAG back in December for less than $35 a share. I had read a lot about it and believed it to be undervalued and a great entry point for an excellent dividend growth stock. But, like all my holdings, I purchase with the idea that I'll be holding for years or decades, if not forever. I figured the price would catch up eventually.
But now it is only months later and the price is over $47 per share. That's a 35% return in just a few months! On the one hand, I should of course just stick with the plan and pat myself on the back for picking what so far appears to be a good entry point for a nice income stream that I'll enjoy for years.
On the other hand, I'm sorely tempted to take the money and run. Or rather, take the money and put it into another DG stock that is more undervalued than WAG is now.
Like a said, a good problem to have!
-- TomK
But now it is only months later and the price is over $47 per share. That's a 35% return in just a few months! On the one hand, I should of course just stick with the plan and pat myself on the back for picking what so far appears to be a good entry point for a nice income stream that I'll enjoy for years.
On the other hand, I'm sorely tempted to take the money and run. Or rather, take the money and put it into another DG stock that is more undervalued than WAG is now.
Like a said, a good problem to have!
-- TomK