FMG 1.86% $19.54 fortescue ltd

Iron ore price, page-53792

  1. 4,007 Posts.
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    You do not get it and probably never will.
    This year I will get $120K plus in dividends.
    Has the penny dropped yet ?

    If I was to sell now the tax would be so high that its not worth doing.

    Sure the stock down about $360K from earlier this year . It doesn't bother me what the stock price is
    its the dividends that I only care about. If the stock was $5 I'd still hold and even if the stock was $100
    I would still hold.

    My standard of living is so good now. Why risk it.

    Many of us are here for the dividends. We see the stock go up and down like a yoyo.
    I once bought and sold and the stress that brings isn't worth it.

    The way I am doing it is completely stress free.

    The next two dividends or maybe 3 dividends will pay for the 5000 I recently bought.
    Up to before the 5000 shares the divs had paid for all what I have bought.


 
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