I have worked for a Utility fo 40 years --about to retire next month --I have been purchasing our stock for over 25 years and it has served me well.
It has paid a constant dividend over 5% --
If you ever watch Mad Money --Kramer advises to have certain utilities in your portfolio--
I do believe that no more than 10% of your savings should be in any one instrument --
Good Luck
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Arrived Buttonwood in Oct 2010
