07-19-2014, 10:42 AM
Started a 1/3 position in AVA in my portfolio yesterday after the last little dip. Too much cash sitting on the sidelines not earning anything and, since I intend it to be a long-term holding, didn't mind paying a little more than I wanted to. I like their fuel mix and the regional economy is pretty stable right now. They've sold Ecova, their non-regulated energy management business, and are still integrating the Alaskan ute they purchased last year. Maybe when interest rates rise I'll be able to lower my average price. In the meantime, a close to 4% yield works for me.
Trimming INTC is in my plans along with ditching LO when it gets back closer to the buyout price. Think I will move some of that money to MO or PM or a combination of both.
These 3 day corrections are driving me up a wall.
Trimming INTC is in my plans along with ditching LO when it gets back closer to the buyout price. Think I will move some of that money to MO or PM or a combination of both.
These 3 day corrections are driving me up a wall.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan