Showing posts with label AEP. Show all posts
Showing posts with label AEP. Show all posts

Monday, July 18, 2016

Recent Sell: American Electric Power (AEP)

This is somewhat of an infrequent occurrence for me, but at some point you have to put your "money where your mouth is" I suppose and act.  I've been saying a lot recently that many dividend-paying stocks are becoming overvalued, and if I truly believe that, then I should make decisions based on that premise and ACT.

As such, this post will detail my recent sell of American Electric Power (AEP). Though I rarely ever sell the stocks I purchase anymore, when I achieve a very nice return and then also believe that that particular stock is overvalued, I will in fact sell and look for better opportunity elsewhere.  Again, this is a rare occurrence, but it does happen.  Thanks fully I achieved an annualized return of 17.99% from this investment.