Quote:
Originally Posted by CRCRFT78
How's everyone doing lately?
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Markets like this are TOUGH -- the right stocks win and what was a winner is struggling -- and stuff you thought would never go down falls like a rock.
Two things -- if you've been in a name for awhile -- you should have nice gains and a rising dividend percentage as companies raise their dividend payout....
And when the market is a mess - like it seems to be - this is when dividend investing begins to look better and better.
I've been "trading" Amazon a few times here --- when it drops $10 and goes up $15.... but even that begins to be real risky. Just when you think you got it down - that can bit you. A name like that though - when it doesn't work - I just hold as an "investment". LOL
Oil is still my personal lunch eater.... and I continue to average a couple big losers DOWN. I'm now holding 27,500 shares of ETP.... and I'm keeping my fingers crossed that the dividend is intact. If not -- I will lose big time.
Switched out KMI (at a sizable loss) --- waited awhile --- and replaced it with KMI-A (preferred shares paying an 11.7% yield