Investing 102

[SSLance]

Keep on preaching the word Greg...

Just noticed that my XOM is almost back to the green side vs cost basis (including dividends reinvested). If I look at just dollars invested and value now, I'm in the green again.

Now I just need KMI and ETP to follow suit.

[GregWeld]

Originally Posted by SSLance

Keep on preaching the word Greg...

Just noticed that my XOM is almost back to the green side vs cost basis (including dividends reinvested). If I look at just dollars invested and value now, I'm in the green again.

Now I just need KMI and ETP to follow suit.

Note I colored those two in RED!!! LOL


Trust me on the KMI and ETP - Those two are just PAINFUL!!

I own 25,000 shares of KMI @ $36.34 or in other words a paper LOSS of $446,000 and a cut in dividend income from over $60K per year to $12,500

I own 15,000 shares of ETP @ $56.67 for a nice paper loss of $344,000 but at least for now it's still paying the dividend ($63,300 per year).

[WSSix]

Yeah, it's nice seeing the oil stocks starting to recover or at least not continue to drop. I hope this trend continues. I'd like to be green in those again.