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  1. #12841
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    Quote Originally Posted by Beagle View Post
    Good buying Snoopy. I managed to get a small top up at $1.32 about a year ago and some more at under $1.50 but I have no idea what my average price is as its a complicated mess of shares transferred over from the former Heartland Bank, DRP shares acquired over the years and sales when the share price really did get overpriced a few years ago as well as my latest top up at $1.85.

    There's been a few people mentioning they are hoping for a dividend increase this year but I think with the new more stringent RBNZ capital requirements and taking into account last year's dividend increase I think that's unlikely this year and I'm quite relaxed about that.
    Although I have lost visibility of all my transactions due to name change...grrrr…..I think/hope Direct Broking still tells me my correct average price which is $1.06. As per Horus's technique I sometimes use this to calculate the % of my portfolio and justify where it has got to.
    Last edited by RTM; 06-01-2020 at 02:29 PM. Reason: Correction

  2. #12842
    Speedy Az winner69's Avatar
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    Quote Originally Posted by RTM View Post
    Although I have lost visibility of all my transactions due to name change...grrrr…..I think/hope Direct Broking still tells me my correct average price which is $105.55. As per Horus's technique I sometimes use this to calculate the % of my portfolio and justify where it has got to.
    Somebody must have paid me to buy Hgh shares ....average over the years is negative

    Stupid concept is averaging
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #12843
    percy
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    Quote Originally Posted by winner69 View Post
    Somebody must have paid me to buy Hgh shares ....average over the years is negative

    Stupid concept is averaging
    What is known as "FREE ONES".
    The target of many,achieved by few.
    Last edited by percy; 06-01-2020 at 01:45 PM.

  4. #12844
    Speedy Az winner69's Avatar
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    Quote Originally Posted by percy View Post
    What is known as "FREE ONES".
    The target of many,achieved by few.
    Can even buy some more and they'd still be FREE but that doesn't seem to make sense does it

  5. #12845
    percy
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    Quote Originally Posted by winner69 View Post
    Can even buy some more and they'd still be FREE but that doesn't seem to make sense does it
    Does to me...................

  6. #12846
    Guru justakiwi's Avatar
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    Makes perfect sense, even to a newbie like me.

    Quote Originally Posted by winner69 View Post
    Can even buy some more and they'd still be FREE but that doesn't seem to make sense does it

  7. #12847
    Reincarnated Panthera Snow Leopard's Avatar
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    Quote Originally Posted by percy View Post
    Does to me...................
    Quote Originally Posted by justakiwi View Post
    Makes perfect sense, even to a newbie like me.
    Please! Do not get me started...

    Did you or did you not pay money (from an account or from a dividend) for the shares that you currently own?
    om mani peme hum

  8. #12848
    percy
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    Quote Originally Posted by Snow Leopard View Post
    Please! Do not get me started...

    Did you or did you not pay money (from an account or from a dividend) for the shares that you currently own?
    Pleased to get you started.
    Usually it sets W69 right off..!!

  9. #12849
    Guru justakiwi's Avatar
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    We are not saying we didn’t pay for our shares. We are saying, the effect of dollar cost averaging over time, reduces the average cost of our total purchase. Which, as you have already discovered, can sometimes result in a negative average price. So yeah, it can feel as though you get some free shares along the way.

    We know what we mean don’t we Percy

    Quote Originally Posted by Snow Leopard View Post
    Please! Do not get me started...

    Did you or did you not pay money (from an account or from a dividend) for the shares that you currently own?
    Last edited by justakiwi; 06-01-2020 at 05:36 PM.

  10. #12850
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    Buying or selling shares should be based on whether or not you think the share is over valued or undervalued at the current price. Previous Losses or gains on a share should have nothing to do with that decision.

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