The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 5 [View article]
First, I do agree with much of what you say. I have been buying BP for some time. As you say, good dividend, reasonable safety, and under $40 it represents a very good investment. Oil projects have been greatly cut back. This means that oil depletion will start to degrade world oil production. I feel that within a year we shall see this and in two we will have another oil spike.
Secondly, I like CEL as well (bought 5000 shares at 21.25). Excellent economics, good dividend, excellent cashflow. A very good investment with a good benefit/risk ratio.
By the way, I do like the MRLPs as well. These include the pipelines and ARLP as well. I think coal will be a long term winner. Its economics will overcome the global warming hype.
The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 5 [View article]
Secondly, I like CEL as well (bought 5000 shares at 21.25). Excellent economics, good dividend, excellent cashflow. A very good investment with a good benefit/risk ratio.
By the way, I do like the MRLPs as well. These include the pipelines and ARLP as well. I think coal will be a long term winner. Its economics will overcome the global warming hype.