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bar1080

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bar1080

Re: OMOLIVES post# 202370

Tuesday, 08/09/2022 11:24:22 PM

Tuesday, August 09, 2022 11:24:22 PM

Post# of 220974
"Picked the worst?" I didn't buy NGL if that's what you mean. My stocks focus on growth and safety. NGL is 3X leveraged, more leveraged than most such stocks. But that high leverage is what enabled it to pay a big dividend that sucked in a lot of retirees.

That 7-year chart covered a period of general prosperity, 2016 to now. Had there been a 1929-type depression NGL might not have lasted a year.

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Because the Good Life is Just a Pump or Two Away

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