Originally Posted by scho63:
Did any of your REITs cut their dividend?
I would take all the dividends from them and do auto reinvest to lower your cost basis.
Y'know, I'm not sure. They're required to distribute funds, but I don't know the rules about when or if they can cut the payout. I'm going to have to look at them to see what they paid out. [Reply]
Seemed like 2020 was a year for big winners and big losers with covid. Any big losers on your radars that you think will start to make a climb? [Reply]
Originally Posted by Buehler445:
So what you're saying is when they re-invest the dividend the price is higher so it's best to take it in cash and buy back later?
Am I understanding that right?
No.
Each time they pay their dividend. buy more shares in their reinvestment plan. Your compounding your money at lower levels and if the REIT rises, you profit as well. [Reply]
Each time they pay their dividend. buy more shares in their reinvestment plan. Your compounding your money at lower levels and if the REIT rises, you profit as well.
According to BroncNutz Theta is the next huge winner. He was right about Bitcoin when he said at $900 you need to buy until your hands bleed. I don't know, I'm watching from the sideline [Reply]
