Quote:
Originally Posted by SSLance
So... Hope everyone has been enjoying the past few days.   |
I have 4 names that have been absolutely hammered..... APU - KMI - ETP - BXMT. Combined these 4 were in the red $1.4M a few days ago. Yesterday they were "only" down $900,000. Think about that "swing" in just 4 short days. HUGE.
They also (regardless of them being in a big deep hole) provide $160,000 in annual income. If I don't sell them - then I don't have a "loss". And in a different environment - they can, and most likely will - continue to recover OVER TIME. And in the meantime - they continue to provide income.
Times like we're in now - are why I continue to invest in DIVIDEND paying stocks.