Haha, RBD was good to me over the years but thought SUMthing else will be better for the next few years. Lets see how it plays out, if RBD drops below 7's again I will step back in I guess
Fair enough.
At current price I wouldn’t be buying and there’s no real compelling reason to sell since it’s been so good to me.
And on the way some calculate divie yields I’m getting a 30% plus divie ...Pretty good eh
”When investors are euphoric, they are incapable of recognising euphoria itself “
Worth holding at least 1 single share for life, just for the free annual KFC voucher
The day they stop giving the vouchers, I'm out.
Heh! The kids get RBD shares from me for their 21st birthdays.They are in return required to read at least a couple of market updates a year. All part of the education. The voucher helps, plus the brands mean something to them.
Assuming the Divi were to continue is there any point selling them at all when returning 30% p.a? (tough to replicate that sort of annual return unless one's name is Madoff....:-))
Assuming the Divi were to continue is there any point selling them at all when returning 30% p.a? (tough to replicate that sort of annual return unless one's name is Madoff....:-))
Not 30% at today's price though, so somewhat irrelevant imo.
Heh! The kids get RBD shares from me for their 21st birthdays.They are in return required to read at least a couple of market updates a year. All part of the education. The voucher helps, plus the brands mean something to them.
what the kids hear....
Blah blah blah.....RBD shares from me .......blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah ..........voucher .......blah blah blah blah
At current price I wouldn’t be buying and there’s no real compelling reason to sell since it’s been so good to me.
And on the way some calculate divie yields I’m getting a 30% plus divie ...Pretty good eh
I know what you are saying! My average buy in price is 2.56 but I would not buy more at current multiples. This has been my third best share over the last decade or so as far as annualised total returns go. The div yield based on original purchase price is very nice and even at around current buy price the div yield is close to 5%. Basically I don't see much worth buying at the moment on the NZ market so will hold this investment and watch to see how it continues to track.
what the kids hear....
Blah blah blah.....RBD shares from me .......blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah ..........voucher .......blah blah blah blah
Partly true! But we are talking young adults with plans for the future. I have told them what they do is their decision and if they want to sell and lie on the beach in Bali for a few weeks that is their choice. Hasn't happened so far.
I am ever hopeful of financial education by osmosis to avoid 'shirtsleeves to shirtsleeves in three generations'.
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