The Capricorn Effect and May Sell-off

[orang]

I had read Peter Lynch book. He has a slightly different approach vs WB. Although he endorses "value investing" as WB, but he uses different approach with different type of stocks. Dividend stocks typically fall under his "Slow Growers" and "Stalwarts" categories. His way is to "rotate" Slow Growers and Stalwarts stocks to achieve higher gain.

After digested Peter Lynch approach, one feasible way is to sell if sufficient gain achieved. You can buy back other "Slow Growner" and "Stalwarts" stocks when their price is right. There is no rule saying you have to buy back the very same stock.

With sufficient number of Slow Growner and Stalwarts stocks in your watch-list, it is more likely to buy back stock ready with the right price to avoid lose of fixed income via dividend

Just my 2 cts

Yup! That forms the cornerstone of my current approach! I'm from this unorthodox sect, neither here nor there. Value Investors see me as a Trader ; Traders see me as a Fundamentalist... Sad... No place to call home... Hee..

Having said that, Peter Lynch is more focussed on 'Cyclicals', 'Turnarounds' & 'Hi-Growth' for his multi-baggers. That part, I don't have the kung-fu to follow..

One can always allocate say 5% to make life more interesting.

I get hell of a kick doing that