Post by
1finley on May 06, 2022 2:24pm
Finally Out
I just blew out of Enbridge. I have done very well with this stock trading it over the last few years. I don't invest for dividends, I am looking for total return, and I don't see the upside in owning this stock now. I raised 20% of my portfolio in cash that I will redeploy for growth. When the stock was just under 40, I had half my portfolio in Enbridge because I liked the risk/reward position. I am not expecting anyone to follow me, we all have different risk profiles and investing styles, but this board has been helpful over the years and just sharing what I am doing. If Enbridge eventually pulls back, I will reconsider starting a new position, but I don't expect that to happen for a while.
Comment by
bttmfischer on May 06, 2022 2:53pm
1finley, you seemed to change your philosophy. Four years ago in your post(April 16, 2018),you advocated "collecting dividends versus trading on news", yet hung on to ENB for over four years collecting their dividends before you finally sold your ENB shares. Interesting.
Comment by
Larrymartin77 on May 08, 2022 3:54pm
have held this forever... its been a triple plus all the dividends ... Buy and hold