A> THe SPanish market is different, because Power Companies are the place
A> where retired politicians are parked. Politicians know they are likely to
A> end up in a
A> Power COmpany, so they treat them really, really well, in order to ensure
A> they are received there at the end of their political lives. It is very
A> hard to go wrong with Power stocks for that reason.

Interesting.  That sounds like what happens with big pharma around here.  Lots
of inner mingling between regulators in the government and big pharma.  The
easiest way to get something approved is to put some of your own in the position
of approvals.  It happens all the time and is completely legal. Unethical, but
legal.
 A> Also, I am more of a dividend investor myself. I understand the reasons
A> for non-dividend investments, but I need to know whatever I buy is
A> actually productive rather than something that promises growth but is not
A> useful until you sell it 

I do both - dividends and growth.  Managing risk and keepings things in lots of
different buckets has been my strategy.

- Mark

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