According to Dr. Neoh, "A dividend yield of 12 per cent seems to be the floor below which most stocks will not drop".
In the Deepest Depth of the Lehman Brothers' Crisis after Bear Sterns & Lehman Brothers both gone bankrupt Warren Buffet bought into the safety of Goldman Sachs' Preference shares with guaranteed 10% yield.
Now take heed to Dr. Neoh's warning, "In sharp contrast, shares which pay low or no dividend at all do not seem to have any bottom and price decline can hit 90 per cent or more".
The characteristic of past bear markets like the Tulip Mania, The South Sea Bubble, The Great Depression of 1930s in USA, the Stock Market Rout of Asian Finacial Crisis in 1997/8 and The Lehman Brothers' Debacle of 2007/8 have witnessed many stocks & index crashing up to 90% or more.
BTC halving is on the way, strongly believe Blockchain will become one of the megatrend, this company did have some Blockchain background. bought it in at 0.31
i have just grab a few last few days at higher price and today a few just to average it down. hope will tag on the recovery wave of minetech and scable wish me luck.🤔😐
Artnoniq 20.5 cents If started to wipe supply 20.5 cents and 21 cents ,then stay there,the 50 percents chance it will boom.after 17 july no move,then can throw. 2/7/24 2.30pm
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
prince4
1,459 posts
Posted by prince4 > 2024-01-23 12:16 | Report Abuse
回光返照