BP! Go big, you won’t regret it.
I have dividends auto invested.I just bought more of everything in my portfolio that pays dividends.bargain basement prices
I made a joke last night that someone didn’t get. Magpul!
PSX dividend is up to 6.5%.
Clorox. Purell. Kimberly Clark.
Whatever is ‘down’.........................Buy Low , sell High...................
Cruise lines, airlines, health sector, paper products, Clorox, Johnson & Johnson, Petroleum sector, beverage sector [beer, wine, liquor, soft drinks], hotels and restaurants...........................
My P&G stock is pretty cheap right now.
ETFs: XLE (energy), XLK (tech), SPY (S&P 500), NOBL (dividend aristocrats)
Stocks: BRK.B, AAPL , COST, VZ, DIS, MSFT
Not yet, it can't (and I say this as a perpetually optimistic investor).
We will have to see how this shakes out economically and we are a very long way from that.
If China is withholding supplies (virus drugs, drug components, and related supplies) as punishment for international treatment of Huawei, if Russia and Saudi are conspiring to kill the U.S. fracking industry (instead of wrestling over prices), if the greatest impact on U.S. business is yet to come...we might be a great distance from the bottom of this market slide.
And when the market slides, people get scared and they stop spending. And when consumers stop spending, other previously unrelated industries begin to suffer. And so on, and so on.
Though I am a long term investor, I also make money trading call options. There is a rule: a market bottom (in a deep slide) is hard to ID.
This is not the time to invest.
Tomorrow may be entirely different. Some pharma might announce an effective vaccine...the virus might not be able to withstand warmer weather. Who knows.
But as of right now...sit tight.
OKE. Very fundamentally sound natural gas company. Deep reserves. Gone from $67 per share to $30 per share. Now paying 8.5% dividend.
We are buying today 15k of Raytheon down almost $100 from it’s high and 10k of Disney.
When tis is all over people will want to travel again and the world always needs Tomahawks.
HERE’S WHAT I’M THINKING:
I AM THOROUGHLY DISGUSTED WITH AMERICAN INVESTORS.
WHEN THIS IS OVER I SHALL NEVER...NEVER INVEST IN THE STOCK MARKET AGAIN.
WHAT ARE THEY THINKING?????????????????????
We could see several more weeks of sharp downs and not-as-sharp ups, followed by months or even years of sideways. There is no rush to "invest", except in precious metals - including lead.
Georgia Pacific! They have never sold so much paper products!
If you are patient and have a long time frame (3 plus years) I would suggest making a contrarian play. Buy some of the stocks that got hammered/over sold. For example Exxon Mobil (NYSE:XOM) is down almost 50% year to date and has a dividend around 7%.
Analysis from last night. The focus was only on the energy sector. Here you go:
EPD - Enterprise $11.50 buy price.
XOM - EXXON - This is a big BUY right now. $39.50 buy price
TRGP - Targa - $10.5 buy price
PXD - Pioneer - $66.00 buy price.
CVX - Chevron - $79.00 buy price.
COP - Conoco - $31.00 buy price.
VLO - Valero - $52.00 buy price
HAL - Haliburton - $7.00 buy price
NBL - Nobel Energy - $6.00 buy price.
ET - Energy Transfer - $6.00 buy price.
OXY - Occidental Petrol. - $11.00 buy price.
APA - Apache - $7.50 buy price.
It’s possible that the market will take a 25K hit downward from it’s recent highs.
And yes, there are studies by very smart folks that have taken the Corona Virus type scenario (and worse) and produced predictive models for the markets. Someone involved in such modeling produced the numbers above.
Bottom line? Exxon is a bargain.
INTC
Stocks go down. Take advantage of that.
Bullets, Beans and Gasoline. Same as always. :)
If you can afford some physical (not on paper!) gold or silver, that’s always nice to have. Big sell-off today, but that was to be expected with the high-as-the-Moon gains of the past few weeks. People are dumb.