ENB is solid... income is guranteed and div is safe.
But investors are just not buying anything related to oil
But investors are just not buying anything related to oil
Sep 28th, 2020 2:33 pm
Sep 30th, 2020 11:19 am
Sep 30th, 2020 12:39 pm
Sep 30th, 2020 12:58 pm
Sep 30th, 2020 1:14 pm
That's not a fair assessment. If you reinvest dividends your ACB would be lower. It's all about timeframes.
Sep 30th, 2020 1:17 pm
Sure, its great for people who bought Enbridge under $40, but how about those that bought when the price was in the $40's? I bought 3000 shares just a month ago at $43. If I have kept them, my loss would be $12,000, which is more than the annual dividend of $9720. I cut some of the losses and sold at $41. Worst case scenario if it drops another $10, I would be out $30,000, which would take a long time for dividends to make up the losses.
Sep 30th, 2020 2:20 pm
I don't think 'only buy stocks that go up' is a realistic strategy .
Sep 30th, 2020 3:25 pm
Sep 30th, 2020 6:55 pm
Sep 30th, 2020 8:16 pm
Sep 30th, 2020 9:04 pm
Oct 1st, 2020 10:30 am
I agree and think that the total number of cars has to be looked at alongside of the percentage. We are considering a second car which could be electric *but* we would still have our ICE (that is to say, the percent of electric may go up, but the # of gas may not go down).llpresident wrote: ↑ Electric cars on the road only represent about 2% of current vehicles, so while electric cars may eventually pose a real risk to ENB, it does not pose any significant threat to ENB on either a short or medium term basis.
In sum, I think ENB is a very worthwhile investment below $40/share.
Oct 1st, 2020 11:07 am
Oct 1st, 2020 11:07 am
Oct 1st, 2020 11:22 am
Oct 1st, 2020 12:09 pm
Oct 1st, 2020 12:45 pm
With all due respect, ENB is not suitable for short term trade. They are many other that you can ride short term for better risk/reward. This name is mainly played for dividends.
Oct 1st, 2020 12:56 pm
Michael Moore of all people directed a documentary this year exposing the truth behind ESG which often is more about virtue signalling then substance. For example, things like solar and wind have massive energy traditional inputs to produce. The amount of mining and manufacturing required to build solar panels and wind turbines is enormous.
Oct 1st, 2020 1:24 pm
Oct 1st, 2020 2:23 pm
There are currently 2 users viewing this thread. (0 members and 2 guests)