also Ghanisht
can u share the av div yield for all the stocks you hold
also you said that u dont want to invest in growth stocks
does that mean that dividend yield stocks that you are holding are not growing??
suppose if a particular sector has 2 such stocks (div type)
example oil india and ongc
which stock you would and why
just dont tell ongc coz its leader
oil india also gives good div.....
can u share the av div yield for all the stocks you hold
also you said that u dont want to invest in growth stocks
does that mean that dividend yield stocks that you are holding are not growing??
suppose if a particular sector has 2 such stocks (div type)
example oil india and ongc
which stock you would and why
just dont tell ongc coz its leader
oil india also gives good div.....
After a crash a stock worth 100rs giving 5% dividend crashes to 50rs and is giving 10% dividend now,
My focus is that it's earnings should be consistent enough that it keeps giving me 10% for a very long while. I couldn't care less if it even moved over 50rs in that while.
As my main focus is to build a consistent dividend stream. It's just icing on the cake that it rises over rs.100, that is just a good for me moment.
I am not a big fan of diversification and i do bottom up analysis. So I dont care if I have 2 companies in one sector. As long as I am not over-invested in them. I never invest in commodity based companies BUT I do invest in OIL ( just a personal bias) I do have ongc in my portfolio.
I had posted my portfolio a few pages back, You can check my holdings from there. Frankly I don't care about capital appreciation if my buy is dividend oriented. But if I buy something based on value orientation. I want a quick capital appreciation back to its intrinsic value.
I dont track OIL, Can I revert to you as I can then compare them over the weekend and give you a thorough answer?
If you have a doubt in anything Il be happy to explain more. At Least there is some life on this thread. I can explain more, why I dont like growth stocks and why I prefer value buys and all that if you guys want.