Quote:
Originally Posted by toy71camaro
My big bleeder was MCD at 10%, which I averaged down to ~4% last week (after my break even sell on NLY).
Right now, Im looking at:
ABT = -8.4 (so i would cut that in half)
CVX = -4.65 (i would probably cut that down to around -3)
ED = -6.08 (that would be cut in half)
KMB = +5.87
KO = -2.25 (Id cut that in half)
MCD = -5.52 (that would be cut to about 4)
MO = +0.36
T = -1.01 (could cut that to in half)
Only worthy ones I see close would be ABT or ED. ABT is now paying a 3.2% yield on that price (and soon to split into two separate companies in Jan, so who knows what that could bring (+ outcome)/take away (- outcome)). ED is paying a 4.4% yield now, which is actually pretty good. Their recent "down fall" recently being the result of Sandy, could go down farther depending on their outcome of this whole "how they handled the hurricane situation" investigation that's being dumped on them.
Come 2013, I'll have another "buy moment" with another $1k ready for purchases too as I am about 2 months "ahead" in my ROTH investment to reach $5k/yr. Which sit in a 0.8% savings account until I'm ready to make my buy. Otherwise they sit in the ROTH IRA cash account at 0%. So i try and work the system for just a few extra bucks a month.  |
I'd put more into ED right now.... I did personally. The "I'm on sale" light is flashing due to the issues you sighted --- SANDY. That will go away in a couple quarters or maybe even next quarter. This is a steady eddy. It pays "decently" - events like this cause it be on sale. I'll take that any day.
What you'll get is the rise back to the norm (always makes me feel good) AND the dividend.