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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: the traveler who wrote (33649)	6/19/2021 4:59:11 PM
From: chowder	2 Recommendations Recommended By B.O. Plenty the traveler Read Replies (1) \| Respond to of 34328

>> I could never abandon my oil and pipeline friends mainly because they were the ones what brung me to the party back in the day. << As they did me. At one time I was 100% invested in oil and oil service companies and participated in a thread here on SI called Big Dog's Boom Boom Room. That was a long time ago. However, some of my greatest returns came out of that oil crash, but times change and we must change with them or get disrupted. Many of the companies I used to invest in no longer exist. Grey Wolf, Santa Fe, Global Marine, Trico Marine, Weatherford, Falcon Drilling and many others I can't even recall their names. I recall when Transocean and Noble Energy were the bellweathers of the drilling companies. Anyone remember Seadrill? Hoo boy! What a disaster. How about LNCO? The Canadian Royalty Trusts? I got crushed with those during the Halloween Massacre. I came to the conclusion I could get both more growth and income from other assets in industries not as volatile as energy. I'm not suggesting others shouldn't invest in them, everyone has their own goals to achieve, but mine do evolve with the condition of the market.