03-05-2021, 02:51 PM
The market never gets it right. Just play the opposites game and you will win every time.
I always say go against the grain lol
History has always said buy the utilities when there out of favor and sell when there loved. Right now there out of favor. Buy them, collect the dividend for a year and 2 and then do it all over again. Rinse and repeat lol
The only utilities I don't sell are NEE, DUK, AEP and XEL. Those are my 4 core holdings. The rest I buy but only to trade and collect the dividend for a few months, or a years. It all depends on where there located. I stay away from the ones on California or all heavily exposed to forest fires or hurricanes.
But that's just me. Some hold forever. And there's nothing wrong with that.
I always say go against the grain lol
History has always said buy the utilities when there out of favor and sell when there loved. Right now there out of favor. Buy them, collect the dividend for a year and 2 and then do it all over again. Rinse and repeat lol
The only utilities I don't sell are NEE, DUK, AEP and XEL. Those are my 4 core holdings. The rest I buy but only to trade and collect the dividend for a few months, or a years. It all depends on where there located. I stay away from the ones on California or all heavily exposed to forest fires or hurricanes.
But that's just me. Some hold forever. And there's nothing wrong with that.