Trade Updates

Selling Enterprise Products Partners To Reinvest Elsewhere

I planned to write an in-depth article on my last stock pick this week, but a couple things came up and this week has been busy, so I have decided to push that post back to next week so I can give it the time to do it right. I do have a trade update for this week to tide readers over. There is a quote that goes something like this: “Your portfolio is like a bar of soap - the more you handle it, the less you have.” I don’t trade often, but this trade comes down to opportunity cost. I will be selling my position in Enterprise Products Partners EPD 0.00%↑ over the next couple days. I still think fair value for Enterprise Products Partners is higher than the current unit price, but I think the upside is significantly higher for some of my other ideas.