"I want to build wealth slowly by investing in high dividend yield stocks" said many bloggers.
The statement is true only it is a high dividend stock for you; but for other potential or new buyers it is not a high dividend yield stock, then you are on your way to build your wealth slowly.
It is in fact quite risky to hold a high dividend yield stock after one year if the stock still remain a high dividend stock with low liquidity.
The truth is that most investors love high dividend yield stocks and most investors love to build their wealth slowly. So far I haven't met someone who tells me that he/she is not keen on a high dividend yield stock and doesn't want to own it for long term.
If it is so good to be true, why are there not many investors willing to step up their bids to buy more and over time the stock price will slowly move higher. Think about it.
USD/CNH: The major resistance at 7.2800 is likely out of reach
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38 minutes ago
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