marko
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 16, 2011
- Messages
- 8,456
As a dividend investor (mostly mutual funds), I saw that Exxon had dropped in price a few years ago to the point of producing a 6%+ dividend. I bought a modest holding and have been enjoying the 6%+ dividend ever since.
It is still giving me that 6%, but the price has appreciated to over a 92% gain. I've almost doubled my money.. It does seem to have topped out of late.
A nice problem to have, but I'm wondering: just keep merrily rolling along, cashing the dividend checks? Sell all of it and invest in something else? Sell just the gain? I tend to be a strong buy and hold type, but I'm wondering if, with the impressive gain if I've overstayed my welcome.
It is still giving me that 6%, but the price has appreciated to over a 92% gain. I've almost doubled my money.. It does seem to have topped out of late.
A nice problem to have, but I'm wondering: just keep merrily rolling along, cashing the dividend checks? Sell all of it and invest in something else? Sell just the gain? I tend to be a strong buy and hold type, but I'm wondering if, with the impressive gain if I've overstayed my welcome.