Well, I just finished making my 2017 selections in the Roth for the most part. I decided to mix some things up and might do so further. For the most part, I believe in holding a position for a long time so long as it is a great company.
With that said, I still did my typical position for the year in KO. My total return for that pick has been good but there has not been a lot of growth, if any for a while. I'm ok with that but I also want some growth. I decided to open a small position in DPS so I can get my growth and dividend. We will see what happens through the year to determine what I do come 2018.
KMI has had a great run up this year. Too bad I bought in years ago through KMP. I'm deep in a hole on this one. I see no reason to bail though. I do believe they will rebound but they also have a lot of debt that gives me pause. I decided to not add to this one due to those factors and the fact that I felt there was a better place to put my money while remaining in that sector. So, my money ended up in PSX. Solid midstream company that has had good growth and pays a good dividend. I'll continue to hold KMI and reevaluate them and PSX for 2018.
WFM I'm not sure what to do with. I didn't add to my position this year. I actually think I'm going to bail even though I'm in a hole with them too. That's a tough market to be in and they are getting beaten up. I didn't expect them to be a high growth pick. I didn't expect them to tank either though. The dividend is paltry. In the grand scheme of things, my position is small. The loss I'll take isn't anything great either. I'd just prefer to try and recover my loses in another stock. This deviates from my hold for a long time style because I honestly don't think they will survive long term. To me, they are a great company but people don't give a damn about that. They only care about cost. That sector is so competitive I expect their to be some causalities and am afraid WFM will be one of them since they are high end.
The rest of the picks in my ROTH received their typical increase for 2017. As far as I'm concerned, they are moving along just fine.
I've been adding to my regular brokerage account too. So far so good now that oil has rebounded a little.
Here's hoping 2017 is good for everyone.
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Trey
Current ride: 2001 BMW 540iT soon to be manual swapped.
Former rides: 1979 Trans Am WS6: LT1/T56, Kore 3 C5/6 brakes, BMW 18in rims
00 BMW 540i/6: Suspension, wheels, and ACS bits.
Last edited by WSSix; 01-11-2017 at 01:10 PM.
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