Thanks for the info, was just

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Fatmantis26
2022-04-13

Thanks for the info, was just about to buy into AGL shares but will research more now.

3 High-dividend ASX Shares That Are TRAPS: Expert

With all the calamity in the world — a war in Europe, rising interest rates, skyrocketing oil prices

3 High-dividend ASX Shares That Are TRAPS: Expert

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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historyiong
·2022-04-19
AGL is definitely a good choice, just buy it.
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- Fatmantis26:
  I did buy into the share, it’s been going up for the past week or so, made about a 3% profit so far; hope it’ll continue to increase.
  2022-04-19
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WalterD
·2022-04-19
Well... You should belive in youself and make the right decision.
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YTGIRL
·2022-04-19
Enough researched is needed in my point of view.
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via dividends or buybacks.</p><p>Combine that with the <b>S&amp;P/ASX 200 Index</b>(ASX: XJO)dropping almost 4% for the year, and there are many stocks out there now paying stunningly high yields.</p><p>However, an income fund manager has warned investors to not fall prey to dividend “traps”.</p><p>When a 15% return is not as good as it sounds</p><p>Plato Investment Management senior portfolio manager Dr Peter Gardner took <b>Magellan Financial Group Ltd</b>(ASX: MFG)as a prime example in the current market.</p><p>The dividend yield for the fund manager now sits at an outrageous 15.34%, according to Google Finance, after its share price halved since 17 December.</p><p>“We think their ability to earn fee revenue and performance fee revenue, given their performance hasn’t been great over the last year… their dividend going forward is likely to be cut in the next result,” he told a client webinar.</p><p>“That’s a dividend trap that we think investors should be wary of.”</p><p>Magellan 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You should belive in youself and make the right decision.","text":"Well... You should belive in youself and make the right decision.","html":"Well... You should belive in youself and make the right decision.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101288164,"commentId":"101288164","gmtCreate":1650342292423,"gmtModify":1663247206043,"authorId":3479274786048707,"author":{"id":3479274786048707,"idStr":"3479274786048707","authorId":3479274786048707,"name":"YTGIRL","avatar":"https://static.tigerbbs.com/075bc3e15bde527a282c42a96ff35a51","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9080071556,"objectIdStr":"9080071556","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Enough researched is needed in my point of view.","text":"Enough researched is needed in my point of view.","html":"Enough researched is needed in my point of view.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}