More profit taking, this time forced.
Selling Waste Management (WM) @ $35 for a 14% total return.
Selling LINN Energy (LINE) @ $32 for 30% total return.
Selling Kimberly Clark (KMB) @ $65 for a 9% total return.
Selling the aforementioned Mosaic (MOS) @ $67.50 for a 2.6% total return just this week.
Showing posts with label LINE. Show all posts
Showing posts with label LINE. Show all posts
Friday, October 15, 2010
Wednesday, August 19, 2009
Buying yield
Bought some ultra-safe MSFT bonds @ 2.95% and some EXELEON @ 3.45%. Zero chance of default on MSFT, and in the utility space, recoveries are high in any potential bankruptcy (which I compute at nearly a 0.02% chance of occuring). I hedged my inflation/interest rate risk using LINE, a great master limited oil partnership.
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