11-23-2021, 07:02 PM
(11-23-2021, 09:24 AM)fenders53 Wrote: I was referring to an entry point for HD or any other solid DGI stock. I do remember when HD yield was about 3%, CAT 4%, INS companies much higher. It was hard to miss as long as yoo weren't chasing a known yield trap that pays those yields most all the time.
Too many people, too many times focus only on entry of a position. A strategy, in this case dividend yield range, must have reasons for entry, for holding and lastly for liquidating the position.
Buy at the high end of the yield range, i.e 2.9% for HD, hold through the meat of the move and lighten up or liquidate at the low end of the range (1.0%).
Takes the emotion and angst out of the investment.
Good luck to all.