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.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan