G&K Investing for Curmudgeons Message Board

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Pastimes : G&K Investing for Curmudgeons

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To: Uncle Frank who wrote (7689)	12/6/2000 6:32:25 AM
From: unclewest	Read Replies (1) of 22706

Not for anyone I know. UF, as you know, i like diversity. continuing with my original plan to average in... i will be making my second purchase of HIS today for the ira. the yield is now almost 17%...that is pretty strong tax free. this will not be a major position (< 5%). my goal here is profitable diversity. the first purchase was at 16%. my one and only energy pick from earlier this year NI is a natural gas stock...this one is also in the ira..it is up over 100% in 8 months...but yield is now down to 4%. based on declining gas prices at the pump...if this was an oil stock, i would sell it here. but natural gas prices continue to go up at the retail and wholesale level and the NI chart looks awesome...so i will hold. you scoffed at NI too... uw

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