marketsense wrote: Of course they went down with the rest of the market but they also went right back up&nbsp;<br /> with the market all the while paying out a nice dividend. &nbsp; Utilities are also the safest<br /> stocks to buy During a recession so if you have any spare cash, &nbsp;averaging down is<br /> the way to play them. &nbsp;I bought Telus in the depths of the 08 financial crisis and made<br /> enough money to fund my retirement so you can take your scare mongering tactics and&nbsp;<br /> buzz off, &nbsp;hopefully never to be heard from again.
No sense, I posted that article to explain in part why I sold my shares of RNW yesterday. You see utitlity stocks can be knocked down not only by higher interest rates but by recessionary fears and the accompanying market sell-off. That's what happened last December when RNW dropped to below $10.00. Don't think it can't happen again. And I hate to disappoint you, No sense, but you can expect to hear from me again and often. Lastly, I see that low life Dopey Cadet is knocking himself out telling everyone that I'm using a new user ID, which I'm not denying. I think it says more about me. Now perhaps that I've admitted it, he will shut up, but then I will never know as I've already put him on ignore where he belongs. Did you know that he only has about 400 posts but that 40 people have already put him on ignore? That is a pretty high ratio of ignores to posts. but I guess that others recognize a low life when they see one.