It has just reached its 52 week low at 30.70. I believe with the current interest rates environment (deferred cutting of interest rates) , in the short term, I expect more volatility and the price might falls below 30.
While it is positive news that WHEN interest rates begin to fall (everyone was expecting in June this year but now seems Feds is kicking the can down the road), so there is no hurry to dollar cost average.
Dividends are at 8% so pretty attractive for those who like dividends income and the upside is HUGE compared to its limited downside.
Please DYODD
While it is positive news that WHEN interest rates begin to fall (everyone was expecting in June this year but now seems Feds is kicking the can down the road), so there is no hurry to dollar cost average.
Dividends are at 8% so pretty attractive for those who like dividends income and the upside is HUGE compared to its limited downside.
Please DYODD
Comment:
accumulating more