1Semana·

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 (+1,53 %) & $KO (+1,36 %) in my portfolio…the stock’s performance was just too much for me.

15.07
General Mills logo
Vendido x50 en 32,06 €
1603,00 €
42,63 %
15
8 Comentarios

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Buy high, sell low 👍🏻
6
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@DividendenWaschbaer According to Warren Buffett, yes: “Don’t lose money” 🙃
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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!
1
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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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@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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Good decision
1
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I broke up a few weeks ago, too. I've been feeling much better ever since.
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What a disaster—you could have bought a bit more to average down and kept collecting the dividends.
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