06-15-2015, 02:09 PM
Considering your diversification, I'd also go recommend going with an energy name, esp since most energy names are very attractively valued.
I own CVX and its at a great price right now. I know XOM is popular with most DGIs, although I havent done my own research - but it does make me wonder why Buffett dumped the shares in XOM and invested in SU instead (which is another great energy company - seeing increased stake from BRK lately, also seeing insider buying from CEO). SU is also making some bets in the renewable energy sector - with ownership in wind farms (although not as much as some of the utilities companies).
As if I havent muddied the water enough, I am also a huge fan of owning pipelines - they are more resilient and I love the idea of charging a toll on a regular basis. The best of the breed is KMI - I have a full position. I also own a Canadian name called Inter Pipeline (IPL.TO) which pays distributions monthly. Other names to consider - Enbridge (ENB), TransCanada (TRP), Pembina (PBA, PPL.TO).
I own CVX and its at a great price right now. I know XOM is popular with most DGIs, although I havent done my own research - but it does make me wonder why Buffett dumped the shares in XOM and invested in SU instead (which is another great energy company - seeing increased stake from BRK lately, also seeing insider buying from CEO). SU is also making some bets in the renewable energy sector - with ownership in wind farms (although not as much as some of the utilities companies).
As if I havent muddied the water enough, I am also a huge fan of owning pipelines - they are more resilient and I love the idea of charging a toll on a regular basis. The best of the breed is KMI - I have a full position. I also own a Canadian name called Inter Pipeline (IPL.TO) which pays distributions monthly. Other names to consider - Enbridge (ENB), TransCanada (TRP), Pembina (PBA, PPL.TO).