Sold all KMI @ 17.80 and all OKE @ 61.94 to buy VDC @ 182.41.
Sold rapidly appreciating high dividend pipelines and replaced with slowly appreciating low dividend consumer staples. In a world where bull markets make geniuses out of everyone, might not exactly look like a genius move.
Clearly not looking to swing for the fences. Locking in a 13.9% gain might not seem like much, but that's almost the same gain that a 10-year Treasury bought today and held to maturity would net. And it only took a month. I don't want to be exposed to too much risk if the music stops playing, again. What can go up quickly, can also come down quickly.
That said, there should be a lot of upside for pipelines from here. I'm likely leaving a lot on the table (wouldn't be the first time). If I had a job to fall back on or I was more interested in growing wealth than preserving capital, I might have let it ride much longer.
December 20th COVID Update: COVID in Wastewater Increasing
-
[image: Mortgage Rates]Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
For deaths, I'm currently using 4 weeks ago for ...
14 hours ago
5 comments:
If you keep trading like this, I’m expecting your blog to go behind a paywall with a subscription service that includes real time alerts.
And the shortly after that you’ll start a hedge fund (accredited investors only).
Illusionary Prosperity Trust
We don’t make money off of your money, unless you make money off of your money.
If you are a gambler, you can bet I’d be swinging hard for the fences with that fund! I mean, why not? Wouldn’t be risking my own money. Ha!
The trick will be marketing it, because it looks a lot like every other hedge fund. Perhaps if I hire a famous actor to do the sales pitch? Maybe I can lure Tom Selleck away from reverse mortgages?
If you can”t trust a trust fund, then what can you trust?
Should probably be spoken from a yacht, so investors can more easily grasp just how much money will be made.
If you start recommending UPS, FDX, AMZN, PETS and CHWY, then I’ll know River is really doing the stock picking.
River loves to bark at all UPS, FDX, snd AMZN delivery vehicles, not just the ones delivering to us. Those would be her top picks.
We use CHWY for food but not PETS for medications, since River and Dexter need their medicines compounded. Those medicines therefore come from Stokes Pharmacy.
We just used WOOF for our bird. We’re not telling her that though! We got her a new stainless steel cage and they had the best price.
We use TRUP for River, Dexter, and Cocoa. Best insurance ever since they all have health issues. Not so good for Trupanion.
Not to be confused with TRU. River doesn’t use financial credit, or at least she better not! She does understand loan concepts, although she is not an ideal borrower. Just ask Cocoa how many of her toys were returned in a gutted state. In fact, I don’t think River will be making any nest egg decisions on my behalf. If she had her way, I doubt any nest eggs would be even remotely safe either. ;)
Post a Comment