Cummins Inc. (CMI) Purchased on 11/30/2015

When you purchase more than 40 stocks in a "nonPension" to build a future income stream, you are sure to buy some winners and some losers.  I find that it is important to make purchases at a time when the stocks being purchased will give me an ability to expect that at some point in the future, which is a far better prospect than having them fall.  Unfortunately, most stocks do plenty of falling every once in a while, and there is no way to avoid having that happen to some of your purchases some of the time.

I was very fortunate to purchase Cummins Inc. (CMI) at a time when it along with a lot of other stocks had fallen considerably, and it has risen quite nicely since then.  After investing about $500 in CMI, I now have a paper profit of over $200 on it, all because I happened to catch it at a time when its price was very depressed, relatively speaking.

When I bought CMI, it was paying a dividend at a yield of over 3.9%.  Now the yield is under 2.9%.  My average monthly dividend is currently at about $1.68.

Do you suppose that CMI is a great stock to keep going forward, or should it be on my potential sell list?  Given the fact that it is in the construction machinery business, I plan to hold it for now, to see where the coming federal infrastructure projects take it.  Or, if the price goes up even more, I may consider selling it.