MRCH is one share I am considering buying for the SNOWBALL as a replacement for DIG that was sold.

DIG paid a 6% dividend on last year’s NAV, so if the NAV falls next year’s yield would fall with it.

I would like to buy MRCH if/when it yields around 5%, as it has a progressive dividend policy, so

the yield should on buying price should yield more than 6%. One big problem in setting a buying target is that the market could reverse and you are left with no position. If the market continues to fall after you have bought, as long as you are happy with the yield, it matters little. You can only get out a share at the top and in at the bottom by luck, so don’t waste too much time trying to do so.