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Where are you guys standing with regards to CIM these days?

Posted on 10/1/20 at 9:00 am
Posted by plaric
Pike Road, Alabama
Member since Jun 2011
2204 posts
Posted on 10/1/20 at 9:00 am
She is taking a beating over the pandemic and I am down 30%....seriously considering dumping a bunch of money into it to down cost average while also increasing dividends.

Looking stable?
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 10/1/20 at 9:18 am to
Just depends on your risk profile. As much as I may like an individual stock long term or think it’s worth a gamble as it’s undervalued, I’m not one to go all in on a single decision. Of my individual stocks it probably held about 15-20% of my portfolio at its peak. Now it sits at about 12%. I’m not going to throw any more at it. The dividends themselves increase my ownership over time so I’ll just let that play out.
Posted by plaric
Pike Road, Alabama
Member since Jun 2011
2204 posts
Posted on 10/1/20 at 10:31 am to
Thanks for the insight. Right now it makes up about 5.8% of my portfolio. But it is worth 30% lower than before so that may be skewed HAHA.
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