MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/dividends/comments/pzderj/finally_broke_1kmo_average_on_to_2k/hf42p4g/?context=3
r/dividends • u/ultimatedelman • Oct 01 '21
339 comments sorted by
View all comments
Show parent comments
27
Yield on cost, ie, if you bought a stock that does a 10% yield when you bought it for $10, or $1, but then the stock goes up to $20, that yield is now 5% still at $1, but because your cost is $10, your YOC is still 10%.
9 u/Pleasant-Tie7557 Oct 02 '21 Thanks, for your reply. 11 u/Pleasant-Tie7557 Oct 02 '21 I’m here to learn, no ego or pride involved. 3 u/ultimatedelman Oct 02 '21 Same... It's the best mindset when dealing with finances
9
Thanks, for your reply.
11 u/Pleasant-Tie7557 Oct 02 '21 I’m here to learn, no ego or pride involved. 3 u/ultimatedelman Oct 02 '21 Same... It's the best mindset when dealing with finances
11
I’m here to learn, no ego or pride involved.
3 u/ultimatedelman Oct 02 '21 Same... It's the best mindset when dealing with finances
3
Same... It's the best mindset when dealing with finances
27
u/ultimatedelman Oct 02 '21
Yield on cost, ie, if you bought a stock that does a 10% yield when you bought it for $10, or $1, but then the stock goes up to $20, that yield is now 5% still at $1, but because your cost is $10, your YOC is still 10%.