moorfield wrote:funduffer wrote:I will continue to hold, but I doubt I will top up again.
Shell has now become a low yielding dog share which has now lost me both capital and income!
Likewise.
I shall continue to hold because I am so far underwater and Shell along with BP is, or was, one of my largest holdings.
With any luck there will be a spike in the oil price, given the supply crunch that's coming next year, which will feed though into the SP, and then one will perhaps have an opportunity to get out.
Musings which are not very HYP, but then there is no such thing as a forever share.
As to the new emergents, there are so many... and often depending on the whim of govt subsidies, or loaded up with debt as they try to grow. Tesla, that one-share bubble, will be trounced by Ford and GM and VW and....
The good ole HYP criterion of five years' rising divis, and with decent cover I may say, would seem worth deploying here to avoid getting carried away with the novelty of the new.
I feel more inclined to retreat to ITs and let the managers try and pick 'green' winners.
As to Shell, I hope they reinvent themselves, they have forecourts for EV charging which will be some help, and oil will still be needed as feedstock and fuel into the foreseeable future so that underpins their earnings to a degree. In terms of new tech, which ones to invest in and how much to pay, Shell have the same problems of picking winners that I do, but on a rather larger scale
V8