EPD: a great long term dividend stock
Most of my ideas are illustrated in the chart. Strong fundamentals. It's an oil and gas based company, I'm trying to stay away from tech as I feel it's overvalued.
Most likely on Monday I'm going to buy 80-100 shares and set up DRIP (reinvestment of dividends), and it will essentially be my only long hold. I won't set a stop loss, but I will watch it actively. Even in the event that it is drug down by a recession, DRIP will continue portioning up and decreasing share values, and when it comes back up it'll pay off.
Lemme know what you think,
-Kristian
Edit: Looks like my trend lines got disconnected from spx500, but you get the idea. When the time frame shifts so does the relative percentage/gain loss from the compared stocks.
Most likely on Monday I'm going to buy 80-100 shares and set up DRIP (reinvestment of dividends), and it will essentially be my only long hold. I won't set a stop loss, but I will watch it actively. Even in the event that it is drug down by a recession, DRIP will continue portioning up and decreasing share values, and when it comes back up it'll pay off.
Lemme know what you think,
-Kristian
Edit: Looks like my trend lines got disconnected from spx500, but you get the idea. When the time frame shifts so does the relative percentage/gain loss from the compared stocks.
Comment:
Edit (2): Unfortunately I kind of missed the opportunity to buy, I think I'm getting a little too hesitant.