Tuesday, October 27, 2015

Buying more on any big dips

I'm watching for another dip in the Dream Office REIT share price. I may pick up another 100 shares. This would mean a monthly payment of about $112 as long as the dividend isn't cut. I'm betting it is safe in the short term.

D.UN is a long term hold for me. Even with a dividend cut, this REIT rewards me for my patience. I need cash flow and this holding answers some of that pressing need. Retirees cannot live on promised capital gains. Dividends are wonderful.

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