Hi folk
I do not like to invest in stocks just to wait for dividend. The motive of investing in stocks for most are simple:
1) To make profit
2) To make profit and provide fast liquid
Collecting dividend is good, but how long do you want to lock in the cash for? The answer is no idea!!!What if the market drop and the stock price is below the price you bought, and the dividend payout plus your investment amount is still way above the current price of the stock? So to sell or not to sell?
If you would like to invest in dividend stock, my suggestion is do other investment.Invest in funds, Land banking, buy Endowment plan or do a monthly investment. This will help you eliminate your emotion of wanting to sell or keep looking at the market to see your stock price.
