PL8 0.41% $1.22 plato income maximiser limited.

if i seriously think markets will fall end of 2024 early 2025...

  1. 10,316 Posts.
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    if i seriously think markets will fall end of 2024 early 2025 and PL8 will be back to at least $1.10 should i just sell out? or is that foolish trying to time markets, if i sell out, and just put the money into AAA sure ill get 4% yield with no risk but ill be missing out on all the PL8 franking credits.
    and theres a chance markets might not crash and in fact they could push higher and PL8 could get to $1.28,
    should i just hold the ones i own and ride it out and if markets crash just buy more at $1.10 or $1.05 if they fall that much?
    Im mostly invested here for the divvies, i dont really care if PL8 is $1 or $1.30, im not trying to trade this for capital gains, my aim is to live off the divvies and franking credits etc... one day in 2030+ advice?

    yes i know asking people on HC for advice is foolish but i just wanna hear peoples opinions either way.
 
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$1.22
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$1.22 181970 7
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
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