Quote:
Originally Posted by l2ridehd
I have been selling T. Because of it's dividend it has made a good positive move here so I have been selling it. Will buy again if stocks rebound and it drops. I always buy it around $31 and sell it over $35. And it pays over 6% when I am holding it.
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It's one of my anchor stocks. I don't think I've ever sold any. Have been accumulating for years. I buy on the dips, reinvest the dividends when the price is at or under $32. And just smile when the dividends are distributed.
As I get closer to retirement I might start shedding some just to limit my risk a little though. I'll wait for the $40's..
