I love this stock, but I had more than doubled my money and felt it was due for a pullback. I will buy it again later.
I couldn't sell for tax reasons. I made too much on it and couldn't afford the capital gains. I plan on owning it for a long time anyway. I love the dividend.
Never hold for tax reasons, maybe what you lost today could have been gains lost through taxation, if its a wash it comes out even, but suppose shortie rules and the bull is over?
Smart move Billy. I've owned FPL since 1982 let my div. get reinvested for years and never worried if the stock went up or down now retired and getting a hefty div. check every 3 months. One of the best investments I every made.