Dividend Announcement Thread!

[fenders53]

(02-24-2021, 02:45 PM)Binary Wrote:

(02-24-2021, 02:14 PM)EricL Wrote:

(02-24-2021, 02:11 PM)EricL Wrote: DE is one of my worst sells. Was a good lesson in being patient with cyclical companies.

Actually, just checked and DE is by far my worst sell.

Sold at $88.60 on 8/23/2016 and it is now $345.28, which would have been a gain of 292%.

lol I learnt not to do such math with closed positions

Good advice.  I've also sold some companies that went BK the next year so I try to dwell on that happy thought lol.  THIS is why we hold some core positions and hold them.  If you want to trade you will feel like an idiot now and then.  We'd all be billionaires at age 40 if this was easy.  I held MSFT for 15 years waiting for a 2X after being absolutely destroyed.  It would have been a 10X if I held it 4 more years.   Give it a minute and there will be some sad DE shareholders.  Great company and the stock eventually drops and rots for 5 years.  It's the nature of their BIZ.  It will happen again.