Q: Hello,
You have been a champion of DSG and less so of ENGH.
ENGH provides 5.94% dividend, might be a dividend trap??
Both are down 30% +/- 1 yr.
I would have punted DSG 6 months ago, but didn't, due to your endorsement.
Credibility is important - maybe I'm missing a subtle distinction.
And I made the decision to keep it.
Thank you
Feel free to modify my question re: DSG /ENGH to put you less on the spot. I think it was Buffett who said "if can't handle your equities dropping 50% you shouldn't be in the stock market". I can handle it, but still don't like it.
All the best
You have been a champion of DSG and less so of ENGH.
ENGH provides 5.94% dividend, might be a dividend trap??
Both are down 30% +/- 1 yr.
I would have punted DSG 6 months ago, but didn't, due to your endorsement.
Credibility is important - maybe I'm missing a subtle distinction.
And I made the decision to keep it.
Thank you
Feel free to modify my question re: DSG /ENGH to put you less on the spot. I think it was Buffett who said "if can't handle your equities dropping 50% you shouldn't be in the stock market". I can handle it, but still don't like it.
All the best
5i Research Answer:
DSG was a stock with a premium multiple, deservedly so, that decided to miss numbers, and see...