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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (5490)	8/19/2010 10:42:03 AM
From: Paul Senior	Read Replies (1) of 34328

Enbridge, ENB: I'm out a/o this morning. I've been in Enbridge ENB since '07 with occasional adds and with dividends reinvested. Otherwise, I've had this near full-position on auto-pilot-- just set and forget. After reading your post last night though and considering Enbridge a bit further, I put in an order to sell all my shares this morning. We all have our limits. There are some businesses types I'll tolerate (like sin stocks, payday lenders), and in some businesses, I'll tolerate some "shady" management practices. From what you are saying, JimisJim, Enbridge though goes way beyond my limit as to how I want to participate as an investor and as a member of society. I just cannot condone a management which seemingly has a policy for going for cost-cuts and short-term gains knowing that their actions could or will result in a huge cost to the rest of society later on. Paul Senior

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