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re: I'm getting bored with day trading. So, I'm going to create...

Posted on 2/23/12 at 1:33 pm to
Posted by Chad504boy
4 posts
Member since Feb 2005
167014 posts
Posted on 2/23/12 at 1:33 pm to
quote:


Not really. I know I'm going to add it to my dividend portfolio at some point as it is now paying almost a 5% dividend yield. It's a funny stock to watch. It trades daily in an almost perfect sine wave shaped pattern. I was busy doing something else this morning when it went down to $67.07/share. Thirty minutes later it was almost up to $67.30. Right now it's back down to $67.20. Compared to DUK, ETR is extremely volatile.

Their dividend should be sound short of a nuclear meltdown at one of their power generating locations.


my fear of dividend buying stocks is getting stuck. stock price drops for lengths of periods at a time bc they are so slow moving with their volatility.
Posted by LSURussian
Member since Feb 2005
127112 posts
Posted on 2/23/12 at 2:05 pm to
quote:

my fear of dividend buying stocks is getting stuck. stock price drops for lengths of periods at a time bc they are so slow moving with their volatility.
You're right about that. My position is when I buy them I hope to forget what I paid for them (except if they go up immediately after I buy them ).

For this portion of my stock holdings (which will be approx. 1/4 of my total financial assets) I'm only interested in the income.
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