03-18-2014, 06:37 AM
(03-17-2014, 11:18 PM)Dividend Watcher Wrote: Yes, very nice Jason.
I have 12 of them. If I include the wife's, we overlap by 15.
What do you think of BBL's outlook? I've been looking at some basic materials and then end up hemming & hawing over the risks of the cyclicality. Did own APD but, when Will Ackman bought a big stake, and with a 25% gain in a little over a month, I sold it.
I see you have a large holding allocation to the oil patch. Are these smaller positions or do you favor the sector?
I was kind of speculating on BBL when I purchased it. It does give me exposer to the miners and also overseas. I will probably hold as long as it continues to increase its dividend and earnings. Going forward I feel BBL is the best positioned to succeed in the materials sector.
I am a little heavy with oil companies but they are not all equal positions. BP was also a spec play but it will probably be a good dividend raiser going forward. Im not married to any of them, but as long as they keep putting out the dividends then I wont file for a divorce.