Quote:
Originally Posted by bdahlg68
Greg - any thoughts on coal? They don't seem to have recovered well from 2008 yet. Also gambling, but thinking about picking some up some small positions in the likes of ACI or ARLP.
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Since you asked -- I looked into Coal... I now know why I'm not invested in that kind of energy...
Arch Coal (ACI) YTD - DOWN 52% - 1 year DOWN 73% - 5 year DOWN 89% - 10 year DOWN 39% And ----- drum roll --- the dividend is a whopping 1.74%
THEN I CHECKED OUT ALLIANCE RESOURCE PARTNERS (ARLP) -- now that's a stock a guy
could invest in!
YTD - DOWN 19% - 1 year DOWN 21% - 5 year UP 33+% - 10 year UP 372%
And -- drum roll -- it pays a 7.31% dividend...
But since I don't know anything about that market - or why the Coal ETF (KOL) is so awful! Dreadful! BAD!.... I'd say I'm not looking to get into it. Just my own opinion. I just don't invest in stuff I don't know anything about.