Bob Brinker Free Discussion Site 59,820+: Re: Re: If a tree falls in the woods...

» JeffChristy - Re: Re: If a tree falls in the woods...

In response to Re: If a tree falls in the woods... posted by Kirk:

Kirk

Good discussion question...

Here is another one for you. The cost of gasoline is just one part of consumer energy spending. I doubt you are spending any money to heat your house right now. But people who are shocked by the current price of gasoline are in for another shock starting this fall when they get their heating bills. Natural gas prices are also going through the roof. Brinker will probably be talking about this in November when someone calls in complaining about their heating bill.

As I stated previously, I started over weighting the energy sector in January 2004. Based on today's close, my portfolio is up 14.7% YTD. One area that I have liked in the past was Canadian natural gas trusts. I own PWI and PGH. They are paying out dividends that are in the mid teens based on what I paid for them in 2004. I currently have about 50% appreciation on PWI. They were a good area to go into for yield last year. This year I have bought two oil tanker companies FRO and GMR. They pay out most of their earnings in dividends.

-- posted by JeffChristy