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pete807

03/07/15 10:29 AM

#1399 RE: Topfuel #1398

Welcome Top. Good to have more input. We can all learn from the others here... I know I have. I think I will consider the latest advise from Jugs too if there is any pull back and sell some of my highest buys here. I have 8 buys between $18 - $27 in 2012 and 2013. Including the payouts I am up over 19k. Selling the highest buys and averaging down if possible makes sense at the moment. However, like most, I have had mixed success flipping, lol. I am more of a long term buy and hold type... if the DD was good to begin with. Eventually the return of capital lowering the cost basis every quarter makes holding MLP's more logical. Kids will get a stepped up basis, and I can use the yield to supplement retirement. GLTA!