Quote:
Originally Posted by solarguy09
And you have to be into it during the rough moments...A.k.a. My KMP , which i own a lot of, is getting hammered today..
No sweat, because of the dividends, and the fact that I have opposing assets that zig when KMP zags, and they pay dividends too..
So greg, after today, should fellow listeners be buying as you said before the 31 st ????
I have I think plenty, so I may not add, but to the viewers, it may be the TIME...
Finally a question from me about investing...I have been cheer leading too much..
So, Buy KMP after the dip, and before the 31st ?????
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I'm not going to "champion" individual stocks.... I only use them as examples and the thinking process I (BIG BOLD I) apply to MY (BIG BOLD MY) investing style.
KMP is an "energy" play -- i.e., pipes and transferring "energy"... and I think a well diversified portfolio should have "some" energy. Whether you choose KMP - COP - EEP - XOM - CVX all depends on your account and what you need. I personally own KMP - EEP - COP - CHKR. They give my account the diversity and the DIVIDENDS that I want. My accounts are a "bit" different than "investing 102".... they're most likely a "bit" larger -- so when I'm trying to diversify I need more than one name in a sector. I bought the COP after doing some digging around for an answer to another post back a few pages. As ALWAYS it's down since I bought it... that my friends is a "given" in investing and that's when you need to have some patience (and some fortitude).