Canny View: Having a diversified portfolio should prove fruitful
10 Dec, 2020 08:19 PM
6 minutes to read If you re prepared to ride out the bad times, things can change. Photo / Supplied
Hawkes Bay Today
By: Nick Stewart
Every investor will face a conundrum at some point: what to do when their beliefs don t work. Sometimes it s an assumption that becomes lore. A favoured company paid a dividend for 20 straight years. Of course, it s not going to ever stop paying a dividend … then it stops paying a dividend. A dagger to the heart! An outrage, there were plans for that money!
An assumption went wrong. Yet of all the things that can go wrong with an individual shareholding, it s probably a minor one.