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Inergy, L.P. Message Board

  • vickersviscount vickersviscount Mar 4, 2008 4:28 PM Flag

    I will take this "dog" at 8.60% and growing

    I am a Warren Buffet investor . . .I buy companies and hold them forever. . .we have held Chevron in the Family Trust since 1958, and my grandfather bought a couple of utilities (Consolidated Edison,and Duke, etc. in the 1940's). . .I now trade the trust for our family, and always look for nice stable mid-west companies like Inergy. . .slow but steady does the job. . .and considering the 10 year Treasury is paying 3.5%, a nice 8.60% is great - I have put it in both regular and IRA accounts for family members. So people who think if they buy a stock and it goes down is a dog??? I'll take that dog. . . .remember the old saying, "if you liked a stock at $50, you will love it at $30.

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