Replies to post #7225 on A.I.M. Users Bulletin Board (AIMUSERS)

[Bernie Goldberg]

Hi,
I've had a marvelous ride on HR over the past 3 years. I only started DRIPping it recently.
What I like about the reinvestments is that they are always priced right. If the stock is in an up cycle you get fewer shares, in a down cycle you get more. With stocks like HR the dividend always pays more than having the cash in a MMF. The stock is finally looking like it might head into the buy range for the first time in over 3 years.
Another issue that is looking good is TMA. It's had a nice 17% move in the last 4 months but is looking very ggood at the present. Check out post #7210.
Another good one is KMP. Dividend is only 7% but I think it has some good potential for upward price moves, and may be raising dividend again fairly soon.
I own all three of these, TMA and KMP not for as long as HR.
Hope this is what you were looking for.
Bernie

[OldAIMGuy]

Hi G, Interesting idea. This is an approach that I've not ever heard discussed. Different from D.C.A. of the distributions and also interesting in that the $$$ might be put to use faster than waiting for the next interest rate cycle to get things moving.

Thanks,

Tom