tag:blogger.com,1999:blog-6587699706949333863.post1916531973911740963..comments2024-03-27T23:39:33.499-05:00Comments on Passive Income Pursuit: Union Pacific Corporation: Keeping Your Portfolio on TrackPassive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6587699706949333863.post-68983901703670339802015-05-13T17:39:05.124-05:002015-05-13T17:39:05.124-05:00Bryan,
Well another day like today and it looks ...Bryan, <br /><br />Well another day like today and it looks like you'll be an owner of UNP. I'm leaning more towards waiting on UNP because the economy still seems so fragile. The yield just isn't quite strong enough to take advantage of a bear market with reinvestment. Still love this company though because I don't see any realistic threats to their business model over the long term.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-24001214057345861172015-05-13T06:27:58.214-05:002015-05-13T06:27:58.214-05:00Agreed JC. Our current limit order is at $100.37....Agreed JC. Our current limit order is at $100.37. We put it on a couple weeks ago, when the share price was $106. We may need to reevaluate. My chief concern with the railroads is they have risen a lot over the last few years, and while they won't go broke in the next recession, their profitability will be severely hampered. With that in mind, the current P/E is high, but at least Union Pacific is a best of breed and has massive infrastructure to ship goods to/from Pacific ports.<br />-BryanIncome Surferhttp://www.incomesurfer.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-20511487950992040102015-05-12T22:04:35.214-05:002015-05-12T22:04:35.214-05:00Bryan,
I really like the railroads and believe t...Bryan, <br /><br />I really like the railroads and believe they are a great place to invest for anyone with a long investment horizon. The potential threats that I see for the industry would be air shipment (not likely due to cost), water shipment (not likely due to feasibility), more localized manufacturing (doubtful due to loss of scale efficiencies), or land (trucking is a far cry from the efficiency standpoint over long distances). <br /><br />Around $100 would get me interested more but I probably wouldn't bite just then due to capital being tighter than normal. If it happened to dip into the mid $90's then I'll definitely be throwing some capital into UNP. Just curious, what's your limit order set at, give or take?<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-55831945088582558722015-05-12T22:03:07.703-05:002015-05-12T22:03:07.703-05:00I though it was punny.I though it was punny.Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-66189924987268560542015-05-12T18:33:36.431-05:002015-05-12T18:33:36.431-05:00We have a limit order in on Union Pacific for my w...We have a limit order in on Union Pacific for my wife's account. It hasn't been reached yet, but it seems like a solid place to invest......so long as the global economy doesn't go off the rails. Sorry buddy, I couldn't resist :)<br />-BryanIncome Surferhttp://www.incomesurfer.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-54889913999794269992015-05-12T13:57:42.071-05:002015-05-12T13:57:42.071-05:00Portfolio ON TRACK. I see what you did there!Portfolio ON TRACK. I see what you did there!Financial Velociraptorhttp://velociraptor.cc/noreply@blogger.com