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Strategies & Market Trends : Dividend investing for retirement

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To: SAM who wrote (5062)	7/7/2010 7:00:12 PM
From: chowder	of 34328

Sam, I own D, DUK and PGN in the utility sector. I own D, even though it doesn't have the highest ratings because my sister has owned it for decades and over that period of time, it has done very well. I own DUK because I thought it was positioned to come back strong. I can't say that it will. I can only say I have a decent return for the time I've owned it. I bought PGN because I thought they had one of the safest dividends in the sector. I'm looking long term! Your time frame would determine what's best for you. If I were to buy additional utilities today, I think I would consider NGG and DPL. Both of these look to be better than what I own, but I'm not switching. I may add though with future dividends if price action is conducive to my goals. EXC seems to be a favorite for a lot of people as well. I suppose it depends on whether you want that nuclear exposure in your account. I'm agnostic. It wouldn't matter to me. I can only own so many stocks in any one sector. I own KMP, EPD, EPB and KMR in the pipelines. All have done very well for me! Very well! I owned MMP as well. I like them. My problem is that the MLP's have perfomed so well, they represented to large a position in portfolio. I had to bring it back down with regard to balance. So, I let MMP go only becuase my cap gains on them weren't as large as the others because I owned the others for a longer period of time. I was thinking taxwise here. KMP and KMR are related. I have KMR in an IRA because it doesn't pay dividends in cash, it pays in shares! There are tax consequences at some point if you place MLP's in a tax deferred account. I can't explain, I understand it. That advice will need to come from elsewhere. I can't imagine a dividend portfolio without Utes and Pipes. There should be a law ... you have to own them! <GGG>

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