Be Greedy When Others Are Fearful And Fearful When Others Are Greedy
VICI's Price Drop Is An Opportunity
As you know by my name, I love dividends. And in addition to sharing on here, I write regularly on the investment platform- Seeking Alpha.
My goal there is to teach everyday investors about building wealth, so they won’t to need to work to traditional retirement age.
I want to help you take control of your life, have F.I.R.E.
Here at Dividend Collection Agency the goal is to give investors and/or readers a different perspective. We take a simple approach to building wealth. And although investing may seem easy, people often miss opportunities by over complicating it. But we are here to help.
If you’re someone looking to create passive income, VICI Properties (VICI) is one of the most fundamentally-sound REITs.
They trade at an attractive price and fell below $30 today. And have a dividend yield above 5% that pays a $0.45 dividend a share!
VICI owns most of the hotels on the Las Vegas Strip like Caesar’s Palace, MGM Grand, The Venetian, & Mandalay Bay. 🏢
So, if you’ve ever vacationed and stayed on the Las Vegas Strip, you’ve likely stayed in a hotel owned by this REIT.
As you can see, they were downgraded today, the reason for the sudden price drop.
💡Investing tip:
Many investors don’t know that when a stock price dips suddenly, many times it’s because of a downgrade from a firm.
This is why I preach knowing the “why” is important.
Firms often downgrade stocks because they know this will cause some investors to panic and sell.
No one knows this better than they do. This then creates a buying opportunity.
While companies are bound to experience short-term headwinds, paying attention to the fundamentals is what’s important.
Investing is more than just buying a stock. It’s knowing when and at what price to buy it at that’s most important.
This is what I mean when I say the market is “rigged.” Or in other words, “market manipulation.”
But you can learn to play the game. 🎰
Happy Investing!
If you’re looking to start investing check out our investment group over on Seeking Alpha for 2 weeks FREE. Click the Seeking Alpha link here. Click investing group, learn more, or the blue hyperlink in my bio.
This is not financial advice. This is for educational purposes only. Please do your own due diligence.
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