Dominion Resources "D", utility stock.

Discussion of the Stock portion of the Permanent Portfolio

Moderator: Global Moderator

User avatar
dualstow
Executive Member
Executive Member
Posts: 7467
Joined: Wed Oct 27, 2010 10:18 am
Location: next to emotional support peacock
Contact:

Re: Dominion Resources "D", utility stock.

Post by 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.
🚜
de-fang the snake, said my filipino kali instructor. Shortly after that, he hit me in the head with a rattan stick.
— Desert, 2016 (Nomad clothing thread)
barrett
Executive Member
Executive Member
Posts: 1510
Joined: Sat Jan 04, 2014 2:54 pm

Re: Dominion Resources "D", utility stock.

Post by 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
Executive Member
Executive Member
Posts: 527
Joined: Sat Sep 13, 2014 4:20 am

Re: Dominion Resources "D", utility stock.

Post by 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.
Post Reply