|
I think it definitely has a chance of coming back up and if not the prices are low enough that you can still make good money in dividends. If you think about it, the interest for ordinary savings in a cd for one year is about 4.20% and with dividends alone you could top that. Example: if you bought 250 shares at $8.15 per share that is $2037.50, basic dividends would give you $100.00 annually ($25.00 per quarter) where is putting $2037.50 in a savings account at 4.2% would give you $85.58. The risk you take is if the stock loses value.
__________________
Modes of Transportation:
1984 Porsche 911 Targa
2003 VW Jetta GLI
|