Market was down 133 points to close at 15,168.
This weeks purchases:
- $250 of KMI at $35.33. Yield 4.53%.
- $200 of PM at $85.99. Yield 4.37%.
- $200 of CAT at $86.53. Yield 2.77%.
Note: Thursday is d-day for the debt ceiling. We could see major sell off if a deal is not made.
My guess is a last minute deal will be made but it will just kick the can down the road a little longer.
KMI looks interesting but it's high P/E ratio and payout ratio scares me a bit. Yet I see so many DGI that hold KMI.
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