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Bullboard - Stock Discussion Forum Enbridge Income Fund Holdings Inc. EBGUF

"Enbridge Income Fund Holdings Inc is engaged in the generation, transportation and storage of energy through its green power generation facilities, liquids transportation and storage facilities."

GREY:EBGUF - Post Discussion

Enbridge Income Fund Holdings Inc. > I thought I was going to retired... SAVINGS MEANS UP RIGHT?
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Post by RMXStoleME on Apr 25, 2018 4:45pm

I thought I was going to retired... SAVINGS MEANS UP RIGHT?

SAVINGS - INVESTEMENT means putting money aside for later that is suppose to beat inflation right WTF all the stock goes down now a day.  in the last 3 years I lost - 200$  of 25,000$ `"investement"
Comment by Sadie222 on Apr 25, 2018 11:50pm
Then you didn’t buy when it was over $42? Count your blessings. I’m down more (today) in less time with less invested. Div helps, but it takes time.
Comment by TickerTwit on Apr 26, 2018 12:11am
We're still reinvesting and expect 17% growth in our payout over this year. The margin over inflation is substantial. Were you looking for something other than income when you bought into "Enbridge Income Fund Holdings"? I don't mean to come across as insulting, but the concept of income funds is well-established, since even before Jim Flaherty sent many of them to the ...more  
Comment by marketsense on Apr 26, 2018 1:14am
Income stocks are generally for retirees like myself that are not so concerned about capital gains but require income to live on.  A decent monthly income is my primary concern and once invested, I hope never to sell.  So capital loss or capital gain is much less of a consideration. The fact that rates are in a rising trend allows me to buy more of ENF at a lower price and a  higher ...more  
Comment by Sadie222 on Apr 26, 2018 4:46am
Younger can look at total return, and DRIP their investments if they want, or diversify with the divs paid otherwise. And yes, you can easily do worse listening to a lazy adviser. Older who live off their investments can sleep through the market gyrations as long as they don’t need to sell any time soon. Complaining about $200 on a down day is just silly.
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