Quote:
Originally Posted by GregWeld
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 like 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 patient (and some fortitude). |
Greg, welcome back.
Yes, when i buy into something that i think is down, it sure can go down more, before it goes up past your buy point..
I just do the research, and then wait it out.. almost always there is a loss before the real gain happens, because i am not timing the bottom, no one can..
today was my first ride in my modified Muscle car, I had so much fun, i could explode...
