01-08-2015, 05:05 PM
(This post was last modified: 01-08-2015, 05:05 PM by Dividend Watcher.)
Kerim, when you first brought up Ford, I thought you were a little crazy.
I swore I'd never gamble with the likes of automakers again since the Chrysler bailout in the late-70s, early-80s.
Now look at me ... I've been holding DE for a year or two content in the knowledge it could take a big drop in the next several years as the ag market goes through another downcycle and just collect the dividends.
I hope they can at least maintain the dividend for you. Sounds like you've got a decent margin of safety in the price bar another catastrophe.
I swore I'd never gamble with the likes of automakers again since the Chrysler bailout in the late-70s, early-80s.Now look at me ... I've been holding DE for a year or two content in the knowledge it could take a big drop in the next several years as the ag market goes through another downcycle and just collect the dividends.
I hope they can at least maintain the dividend for you. Sounds like you've got a decent margin of safety in the price bar another catastrophe.

