06-16-2021, 08:13 AM
[quote pid='26773' dateline='1623813343']
Market has had quite a long runup. Tonight I checked all 22 DGI holdings that I have against their 5 year average dividend yield. Only one, VGR, was below the 5 year average.
I use yield ranges as indicators of when to buy. I like to buy when yield is at the high end of their historic range.
This indicates to me that we are not really near a top at all.
[/quote]
I think that's a decent strategy for acquiring new shares of DGI stocks. I am definitely more selective than I was in say 2018 as PE's have risen some. It was/is getting to be a little much on some of the highly cyclical DGI stocks that have spiked. Not much margin of safety, or none at all.
Market has had quite a long runup. Tonight I checked all 22 DGI holdings that I have against their 5 year average dividend yield. Only one, VGR, was below the 5 year average.
I use yield ranges as indicators of when to buy. I like to buy when yield is at the high end of their historic range.
This indicates to me that we are not really near a top at all.
[/quote]
I think that's a decent strategy for acquiring new shares of DGI stocks. I am definitely more selective than I was in say 2018 as PE's have risen some. It was/is getting to be a little much on some of the highly cyclical DGI stocks that have spiked. Not much margin of safety, or none at all.