Mohacsy's Safe Portfolio Member Forum

[santafe2]

I added SUN to my portfolio last month at $31.05, (it replaced COP), and plan to hold it as long as management can maintain the ~10% dividend. It's 3% of portfolio holdings which is about average for me. Should it rise from here, I would reduce my share count gradually to maintain this level of exposure. That has more to do with maintaining my current portfolio exposure of 15% to traditional energy than it does with SUN. The only traditional energy holding I have over 3% is Chevron.

I should add that I don't reinvest dividends on this one, it's just a cash cow replacing income from a previous rental property.

One more note investors should consider, SUN's general partner is Energy Transfer. I won't own that one due to their Dakota access pipeline issues and now Exxon is suing them.