Ann: NTA & Portfolio Update - April 2024, page-10

It usually bottoms at 54. I'll top up at that point. Despite 7 year chart it still depends on which part of the yearly cycle you jump in or out. It has troughs n peaks. If you sell now you will crystallize a loss. There is no doubt it will bounce again over the year. Those who can ride those cycles don't catch the 7 year dip and they get nice dividend. Their stock picks are not bad. The market will pick up as inflation/interest rates go down + those stocks will rise with the market. Our Treasurer has just produced a budget banking on that. It's not for everyone but those happy to ride out the cycles, top up when it falls & part profit take when it bounces can enjoy a LT yield stock. There are very few ' solid' stocks now that you can just set n forget.