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Past month, I have flipped Dominion, AEP, and PPL for nice little gains, some in my account, some in the wife's retirement account, none of them life changing money, but all of them adding up.
These aren't your high flyers, they aren't exciting, they aren't NVDA or SMCI or Microsoft or Meta, they are boring. And that's the way I like them. lol
Past month, I have flipped Dominion, AEP, and PPL for nice little gains, some in my account, some in the wife's retirement account, none of them life changing money, but all of them adding up.
These aren't your high flyers, they aren't exciting, they aren't NVDA or SMCI or Microsoft or Meta, they are boring. And that's the way I like them. lol
I've been holding PSE&G (PEG) forever. Reinvesting the dividends, and my cost basis is still under $40.00. Only once did I write covered calls on it, but the premiums just aren't there and the relative risk is too great.
Why would you trade/flip utility stocks? Aren't they the ideal buy & hold for steady cash-flow?
Perhaps their tendencies to trade in a chanel makes them ideal for very short term. Make 3 or 4 percent in a few days and then put it in a CD..FENY is lower expense than XLU.
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