

You did not have to take a big gamble with your hard earned, just to be in the right shares and do nothing.

The current yields maybe too low to include in your Snowball, unless you pair trade it with a higher yielder and still earn a blended yield of around 7%

Before we go back to the future and look at CTY during the covid crash, looking at the return on capital, investing is going to get a lot more difficult, maybe that could explain the latest interest in buying shares that pay a dividend as that may make up most of any returns.

The dividend was 19p, so when the price was 440p the yield was 4.3%.
After the price fell to 300p the yield was 6.3%, without the benefit of hindsight you had no way of knowing if the price was going to continue to fall but you could have bought the yield, as the intention was to hold forever.
The current dividend has gently risen to 21.6p, a yield on buying price of 7%, which should continue to rise as long as you hold the share.

You would have also achieved the Holy Grail of Investing, in that you could take out your stake, invest in another high yielder and continue to earn income on a share that sits in your Snowball at zero, zilch, cost.
Everything crossed for another market crash ?
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