RT toghrr@ntlworld.com 82.1.178.93 | If one of your rules is to buy stock that yields min 7%, what was your rationale for purchasing LABS which yields about 5.7% ? Please explain. Thanks |
The recommended yield for the Snowball us 7% compounded as this doubles your income in ten years. Lucky if u have longer as compounding quickens the longer u stay in. The recommended time scale is: forever.
If u want to buy a Trust that yields less then 7% u can pair trade it with another high yielder let’s say NESF yielding ten percent, other Trusts available so it’s not advice.
With refence to Labs u are still mixing oranges and apples but maybe u will work out your conundrum one day. GL
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