To all of you that bought Kinder Morgan Partners (KMP) --- you've enjoyed an 18% Year to date gain.... and you just got your dividend posted today.... You're welcome! LOL
As posted earlier - I captured my gain in KMP and then started to build a position - 25,000 shares so far - in Kinder Morgan Inc (KMI) the parent company and acquirer of KMP. I already now have a nice gain in it (3% but that's in just a few days).
Here's the point for Investing 102... The market is both kind and an evil douche at any given time. But you'll never reap any of the rewards if you're not "in" it. Being on the sidelines and watching or waiting for just the right moment - will always have you OUT when good things happen. While it's true that being out when bad things happen might save you some sleepless nights... you'll never get ahead that way.
Build your trust over time... average your way in to positions over time - but most importantly - continue to put money to work when it's the darkest days. Know that you're buying the best companies in the world and that eventually they will go your way and you will be rewarded.
Last edited by GregWeld; 08-15-2014 at 08:06 AM.
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