Replies to post #509 on Energy Transfer LP (ET)

[fitzwell11]

Thanks for the reply, I’ll take a closer look

There was definitely to be money to be made on the first massive oil boom here. With Tech, semiconductors and software taking over I’m not sure that dividend vs growth stays in favor but I believe you are onto something in investing in real companies with real assets and dividend pay outs. Look at a company like Facebook, what does a person actually own as a shareholder? Look at travel companies slashing ad spending and the bottom impact for companies like FB

Congrats on the house. Running a CPA practice with many small businesses and high net worth clients, I get to see a lot of interesting situations such as that. The one consistency in all my successful clients is patience. A lost art in modern day work and investing.

[JR30]

specifically own it no later than tomorrow you get .93 per share quarterly dividend. At current price 13.69% annual.[/qupte]
Almost as good as a bad mutual fund. If I can't double my money in a year or less, then it's not worth it. Better to put money in a stock that's on fire.

[Jimmy Swaggert]

Solid! Congrats on your success!