Q: Hi team
I am in a bit of a quandary, I bought ala a while ago, before they cut the dividend, my average cost is about $ 29, I know the old saying it doesn't matter what you paid for it, its the present that counts, I have it in a tax free account. I am thinking about selling some of it and buying vet, higher yield, but Lord knows that it could be cut at any time regardless of the management says they wont. I also feel that it has a better chance of capital gains in the future. How do you feel about this plan
Thanks
I am in a bit of a quandary, I bought ala a while ago, before they cut the dividend, my average cost is about $ 29, I know the old saying it doesn't matter what you paid for it, its the present that counts, I have it in a tax free account. I am thinking about selling some of it and buying vet, higher yield, but Lord knows that it could be cut at any time regardless of the management says they wont. I also feel that it has a better chance of capital gains in the future. How do you feel about this plan
Thanks