WDS Limited

I have lost plenty on WDS. Should I take the loss, or hang in? I bought it for the dividend.

A: Thanks for the question about WDS Limited (ASX Code WDS).


There is an old saying in markets – your first loss is your best loss.


You are not going to get a dividend this year – so you should probably question whether owning this stock meets your investment objectives.


On the positive side, the company does have a pretty strong balance sheet.


If you can afford to be very patient – hold on, otherwise, cut it and move onto stocks more in keeping with your investment objectives.



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