Stocks - are you buying, selling or holding tight?
- Thread starter woodee
- Start date
I bought call options and put options on the VIX.
Put options on SPY & XOP.
Bearish on crude and taking advantage.
Put options on SPY & XOP.
Bearish on crude and taking advantage.
I am somewhat evenly divided between fixed income and equity. I think my equity has dipped to a little below half. If the equity downtrend continues, I'll reposition so that I'll start 2015 an even split again.
So far I'm maybe 3-4% from my all time peak, which I'm not sweating bullets on based on the current correction we've seen.
So far I'm maybe 3-4% from my all time peak, which I'm not sweating bullets on based on the current correction we've seen.
Dundee came out with Two top energy picks, Surge Energy and Whitecap Resources. They conclude both companies can continue paying their dividend throughout next year even at $60 oil. I own a lot of Surge and will be buying more. Current dividend at 14%.
Those slime bags CANNOT be trusted. I owned some Paramount Energy in the gas heyday. CEO swore at an investor conference the divvy was safe. The bitch LIED THROUGH HER TEETH!!! Now its perpetual energy from 14 all the way down to a buck.. thank god it was not a big position. Look at their cashflow before you decide if they can do it .. how quickly does their cashflow drop as oil goes below $60
That is great, but beyond that? Some people say oil will stay down for 3-4 years cos that is what it will take for the Saudis to restore supply/demand balance that they want.
I really don't understand why some of you hold equities.
I stopped getting emotionally invested and started to focus on buying and selling IV.
Just imagine how much money you could have made if you were short Suncor, Conocophillips at their all time highs!
COP went from $90's to now to mid-$60's.!
I stopped getting emotionally invested and started to focus on buying and selling IV.
Just imagine how much money you could have made if you were short Suncor, Conocophillips at their all time highs!
COP went from $90's to now to mid-$60's.!
I still like US financials and health care is a long term bull (even though most companies are up substantially over the past 2 years. Oil/energy is getting more appealing - at $50/barrel, where's the chance it'll move $15 - up or down? I'd say we'll see $65 before we see $35. It might be a 12-18 month hold, but you'll do alright...
Timbit
Timbit
funny article on vz bonds today
www.bloomberg.com/news/articles/2015-02-03/venezuela-bond-bet-crushing-new-yorker-s-retirement-dream
www.bloomberg.com/news/articles/2015-02-03/venezuela-bond-bet-crushing-new-yorker-s-retirement-dream
Don't get overly focussed on dividend yields. Dividends can be cut, what really matters is earnings.
Don't forget, a dividend is merely the shifting of cash from your left pocket to your right. The company is only giving you YOUR money back.
Don't forget, a dividend is merely the shifting of cash from your left pocket to your right. The company is only giving you YOUR money back.
Eventually, oil will rise in price. Maybe we need another skirmish in the middle east?
Hello there,
Never a dumb question. You can purchase stocks or financial instruments for that matter through several methods. Probably the most common are full service brokers (IAs) or a discount brokerage such as Interactive, TD Waterhouse etc. Depending on the size of your portfolio and the investment needs you require, each has it's target investor.
All the best and good luck,
Goodguy
Never a dumb question. You can purchase stocks or financial instruments for that matter through several methods. Probably the most common are full service brokers (IAs) or a discount brokerage such as Interactive, TD Waterhouse etc. Depending on the size of your portfolio and the investment needs you require, each has it's target investor.
All the best and good luck,
Goodguy
You can buy in your bank just open direct investing account . For sure Td bank and royal bank .
