RE:RE:RE:RE:RE:ENB.T $ 54.08 ;>OHey Dean
Another very interesting comment on trading vs holding. There sure is a lot of volatility in stocks that used to be very steady-eddy. In the end after all the ups & downs, I guess it does amount to being steady. :-)
I still like being a buy & hold investor for almost all the portfolio but have always had some trading cash to "play" with. I find that approach to be very relaxing but still allowing for a little action.
I actually think that in these markets, anyone willing to put the effort in can do better for total returns by doing more swing trading. I just don't want to put the effort in and don't want the extra stress,
Ciao
Sarge
DeanEdmonton wrote: Good to hear from you SargeX. I don't rule out buying some ENB back, but it won't be till it drops back to the $45 range. Seems to be the only way to get hte Dividends and some capital growth. There are a few long term hold stocks that I have started to trade more often, just because they seem range bound for so many years. I would rather pick up 20% in capital gains than the 6% dividend. In the good old days you got both, not so much any more with ENB.
SargeX wrote: Hey Dean
Very interesting on your sell. There definitely is a lot of drama with ENB and a fair amount with TRP as well but I'm more than happy to live with it. In fact, I think the midstreamers will continue to do very well again this year.
Last week we sold all of our $70k of FIE ETF as it didn't really fit with us anymore. We spread the dough around including adding 190 shares of ENB at $52,38, 155 of TRP at $64,51, and 125 of PPL at $39.20.
I suspect things will work out well for you as they generally seem to but I also like our recent buys.
Take her easy
Sarge
DeanEdmonton wrote: I thought so too, sold everything I had left. Have been a real long term holder of ENB, like 20 years, but tired of the pony ride and even a 6% dvidend doesn't make up for no capital appreciation the last 5 years. Had sold the first half at 54 a couple of months back. This will dive again after Dividend is paid out.
GHZTECHY wrote: Great to see a new 52 week high!