My starting capital was $144k, two years ago, it's now grown to $220k. I reinvest all dividends of my stocks provided the stock is a good price, else i'll reinvest those dividends to build up shares in a new company and keep the dividends rolling in and follow that same methodology. I bought DDR approx $2.26 per share and i love the growth, and am aware that there will likely be a pull back at some point with this massive growth.
I'm in for the long haul with DDR. Whilst the new dividend payment set to come out soon. I wouldn't reinvest that cash back into DDR for more shares at its' current price. That money will be spent on stock elsewhere. I'll forever keep DDR shares however, long track record of consistent dividend payments fully franked paid quarterly and a consistent dividend increase year on year. This is an amazing company.
My question to you is, how long will it take you to raise 50k. I assume a couple of years? You could invest in a decent stable stock that gives you approx 10% return whilst you are ramping up. As they say. It doesn't matter how much money you have, you need to start compounding with whatever you have as soon as you can to get the best benefit from time.
- Forums
- ASX - By Stock
- DDR
- SP movement
SP movement, page-123
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DDR (ASX) to my watchlist
|
|||||
Last
$9.66 |
Change
-0.170(1.73%) |
Mkt cap ! $1.742B |
Open | High | Low | Value | Volume |
$9.89 | $9.89 | $9.62 | $2.361M | 243.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 116 | $9.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.69 | 259 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1326 | 9.620 |
1 | 500 | 9.600 |
1 | 200 | 9.550 |
1 | 105 | 9.530 |
1 | 196 | 9.520 |
Price($) | Vol. | No. |
---|---|---|
9.890 | 750 | 1 |
9.900 | 2310 | 2 |
9.930 | 130 | 1 |
9.950 | 381 | 2 |
9.970 | 1 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
DDR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online