2Mon·

What has to go, has to go!

I think my money is better off somewhere else right now. But I struggled with the decision for a long time 😬

Since I also $NESN (-0.61%) & $KO (+1.17%) in my portfolio…the stock’s performance was just too much for me.

15.07

General Mills

Sold x50 at €32.06

€1,603.00

42.63%

8 Comments

Ella M.@DividendenWaschbaer

2Mon

Buy high, sell low 👍🏻

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DividendenMax@DividendenMax

2Mon

@DividendenWaschbaer According to Warren Buffett, yes: “Don’t lose money” 🙃

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DividendenMax@DividendenMax

2Mon

I could have just sat tight and collected the 6.5% annual dividend yield, hoping that the stock price would rise again soon.

But then I thought to myself:
If I had that capital available right now, would I buy General Mills stock…? Probably not. So my conclusion was… I have to sell!

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Florian K.@Kauli

2Mon

Hmm, especially now that the stock is starting to bottom out and we’re slowly seeing a shift in the market? I hold it in my portfolio myself and am actually considering buying more if it finishes bottoming out. Until then, I’m happy to take the 6% dividend as compensation.

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jkb92@jkb92

2Mon

@Kauli I agree; the rotation is in full swing and will probably continue for a while. If things keep going this way this week, a minor pullback is almost a given in the weekly chart.

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FinanzKeks@ImmoHai

2Mon

Good decision

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Poor Dad@PoorDad

2Mon

I broke up a few weeks ago, too. I've been feeling much better ever since.

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OJRL@SpArTaKuS1

2Mon

What a disaster—you could have bought a bit more to average down and kept collecting the dividends.

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