2024-07-03 07:35:00 ET
Summary
- Bad news is swirling around NextEra Energy Partners, LP, but is it overblown? I think so.
- We evaluate possible outcomes and the rewards or risks of each one.
- I'm set to get strong income as this drama plays out.
Co-authored by Treading Softly.
Douglas Adams is famously recognized for his series of books, radio shows, and, eventually, movie adaptation entitled The Hitchhiker's Guide to the Galaxy . In the past, we have frequently referenced parts of his works in a humorous fashion to illustrate a point when we are discussing the topic within the market or a principle with our investment philosophy. We even adhere to the Rule of 42 — guiding us to have at least 42 unique investments for the sake of diversification — which is a play on 42 being "the answer to life, the universe, and everything."...
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I Am Buying The Dip For This 14% Yield: NextEra Energy Partners