Dominion Resources "D", utility stock.

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dualstow
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Re: Dominion Resources "D", utility stock.

Postby dualstow » Tue Dec 05, 2017 9:49 am

It's not really a fair question. The answer is unknowable.
Just buy a total stock market index fund.
If you want income, buy Wellesley in your retirement account, or bonds.
I'm glad things worked out with 'D', but there are no guarantees. Look at General Electric's story.
Good luck, bedraggled.
inflation is now 2.2%
barrett
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Re: Dominion Resources "D", utility stock.

Postby barrett » Fri Dec 08, 2017 11:18 am

dualstow wrote:It's not really a fair question. The answer is unknowable.
Just buy a total stock market index fund.
If you want income, buy Wellesley in your retirement account, or bonds.
I'm glad things worked out with 'D', but there are no guarantees. Look at General Electric's story.
Good luck, bedraggled.


I strongly concur. Unless you have a passion for this stuff and some kind of personal track record for choosing winners (AND knowing when to sell), fancying yourself as a stock picker is generally a good way to lose money. We all have a finite amount of time on this planet. Better to take what the broad markets give you. Here's a piece on Dominion Resources and its dividends:

https://seekingalpha.com/article/237274 ... s-dividend

Basically it's a "past performance is no guarantee of future results" piece.
bedraggled
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Re: Dominion Resources "D", utility stock.

Postby bedraggled » Fri Dec 08, 2017 11:54 am

barrett,

Thanks. Good article. I guess I'll shovel the $$$ into VTI in the regular PP and skip the Variable Portfolio for now.

It's always good to check in with Forum Brain Trust.

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