Sometimes events in our life require a change from the norm. This week, I need to interrupt my normal posting schedule and move the main article from Wednesday to Thursday to make room for today's post.
We had drifted apart. At first it was barely noticeable, but as time went on I saw how she would gently pull back her arm back when I reached to touch her. We were headed in different directions. Time passed she grew colder toward me. I desperately tried to make things work. Then on November 1, 2007 we agreed to a trial separation for a period of time. It was a difficult time for me. I kept wanting to run back to her, but I restrained myself knowing she had some issues to work out.
Then it happened! The thing I feared most - on Tuesday January 15, 2008, I caught her in an act of infidelity. There she was embracing the one I despised the most. At that point, I knew it was over between us. I immediately severed the relationship. C, I hope you enjoy your life with Mr. Div I. Dendcutt. For me I'll pick up the pieces and move on.
Breaking up is never easy to do. Citigroup's dividend drop on Tuesday has been well publicized. I had anticipated this happening and sold C in my taxable account on November 1, 2007; however, that doesn't make it anymore palatable. As is my standing practice, I immediately sold C (held in my IRA) once I learned the dividend had been cut. That is Rule #1 as to when to sell: When an individual stock held as a dividend investment drops its dividend immediatly sell it.
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
These days, the healthcare stocks are looking pretty healthy compared to stocks in other spaces. Despite political pressures about lowering ...
-
These three dividend aristocrats have beaten the market during the three most recent pullbacks. They've also outperformed in 2019. There...
-
Nothing makes life easier for an investor than finding the kind of stocks where you can park money for a long, long time, trusting that they...
-
As the sun sinks on another summer and Labor Day taunts with the pitiful proposition of just 24 hours less work, it stands to reason that so...
-
In Five High-Dividend Stocks You Should Watch, we discussed five dividend stocks, including MLPs, trading at yields above 11%. In this artic...
-
The past decade has rewarded investors with remarkable returns, but investors might not want to underestimate the odds that an economic rece...
-
Conservative investors should adopt the same precautions toward monthly dividend stocks as you would any income-generating investment. For i...
-
This company released Q2-2019 results recently. The results beat both revenue and earnings estimates. It reported decreasing earnings on the...
-
A High-Yield Stock Investors Can Count on. Considering that most dividend stocks pay less than four percent, a 6.2% annual yield should alre...
-
Whether it’s through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But fo...
He he. a nice opening.
It is admirable that you have such clear cut rules and follow them to the letter.
LOL, you had me going. I like it, the article and not the dividend cut. Well don't feel lonely D4L for she was my mistress as well!
Father Sez and Jake: Thanks for the comments. I had fun writing this one. Given the market's recent behavior, you have to find a way to smile.
Best Wishes,
Dividends4Life