Before I start, I should say that perhaps dilemma isn’t quite the right word. A dilemma is “a problem offering two possibilities, neither of which is practically acceptable”.
I bought into BP back in July 2010 (before I started the Amateur Investor blog) after the Deepwater Horizon oil spill had hit the shares for six. Shares had shed over 50% of their value, dropping from over 650p to around 300p.
I came up with an ambitious plan earlier this week while compiling a list of income events like dividend payments and bank interest.
You know how the Amateur Investor loves income from savings and dividends – well what if I could receive at least one dividend or interest payment every day. Wouldn’t it be great to receive money every day!