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
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
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