Replies to post #121 on Dividend investing for Retirement and other $$ Gai

[swanlinbar]

NGL not hold forever stock, worth a wait & see at this price Up 7.21 % from friday

[bar1080]

"A stock paying 13% dividend, but losing 20%" ... is designed for newbies. Pros don't buy that junk. Buffett never buys that either. The sexy div comes first, the loss comes later. In some cases the total financial collapse comes much later. And usually at the worst time.

BTW, I'm just now reading an advanced accounting book that laughs at the "creative" accounting some MLPs have used. The average retiree is at a huge disadvantage when they Reach For Yield.