Jun. 22 at 1:59 PM
$OWL instead of buying OWL based off the ugly share price.
Buy the dividend yield, not the price. View it as CD rates. The difference between a CD and dividend stock..... well the stock can go down. But on the flip side..... that stock can rocket back to
$15.55.
Imagine buying a 9.68% CD today..... then if bears get what they want and stock goes back to
$8........ well we can buy a CD at 11.50%
Tbh I'm looking more at share price than dividend yield. But sometimes it's a nice change of pace to look only at buying dividend yield and ignoring share price. For long term oriented investors.......
These are gofts from the heavens above. I hear stories of ppl buying ~20% CDs in the 1980s........ this kinda feels like that LOL
