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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: CrabbyTurtle who wrote (783)	1/31/2022 9:44:51 PM
From: chowder	Respond to of 22032

Re: TYG The distribution cut last year had no effect on me as I didn't own TYG last year, therefore the very huge increase this year affects me in a positive way this year, and it's this year I am focused. TYG is not a long term hold and buy, it's a cyclical play on the energy infrastructure sector. With rising energy costs and expected demand, I expect the sector to perform well over the next year, and during that time, I'm collecting a 9.51% distribution. As you suggested, it's a recovery play but a recovery play on the sector, not a holding I had that was down in price, I was starting new thus am showing a profit in addition to the distributions.