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Joined: Sep 2003
Posts: 23,376
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,376 |
Bought into oil drillers. Rig (transocean) and Hero (Hercules Offshore). Missed the bottom, but like the long term.
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Joined: Nov 2002
Posts: 33,653
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,653 |
One account runs with my company provided big oil stock. Another with mutual funds in real estate, transportation, health care, telecoms, electronics and pharms with a splash in a dividend and income fund. The last in tax free bonds. Up ~8% YTD so pretty pleased. Been substantially the same picks for a few years now.
Conduct is the best proof of character.
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Joined: Sep 2007
Posts: 13,268
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2007
Posts: 13,268 |
I got super lucky in the run up to the last meltdown when I liquidated because I thought a democrat was going to be elected president (he was) and it turned out the economy went to [bleep] right after.
I sold a minority share of a business in January and haven't done anything with it. Held onto it when I thought I was going to have a lot of medical bills. Still haven't done anything with it.
I dunno. Going to wait and see what the price of oil does and see how it takes people to realise the cost of prodouction and refining is now higher than ever and is approaching appoximately $60/barrrel.
We shall see.
Last edited by NathanL; 10/22/14.
Otto is my co-pilot.
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Joined: Dec 2011
Posts: 50
Campfire Greenhorn
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Campfire Greenhorn
Joined: Dec 2011
Posts: 50 |
I'm fairly active. I sold about 80% of my stuff on the 8th and bought most back on the 15th. UNP, URI and GILD all up 10%+ since then. Picked up VZ and TRV yesterday in the dip. Love those dividend stocks. Market should be decent til January.
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Joined: Dec 2007
Posts: 3,466
Campfire Tracker
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Campfire Tracker
Joined: Dec 2007
Posts: 3,466 |
Bought LUV last Thursday, sold it yesterday. Oh, and LB, keeping that one.
Last edited by NDsnowman; 10/22/14.
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Joined: Dec 2002
Posts: 2,464
Campfire Regular
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Campfire Regular
Joined: Dec 2002
Posts: 2,464 |
Oil and Gas pipline stock that have had a hit recently.
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Joined: Jan 2004
Posts: 4,568
Campfire Tracker
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Campfire Tracker
Joined: Jan 2004
Posts: 4,568 |
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Joined: Nov 2002
Posts: 33,653
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,653 |
Some folks are ambidextrous.
Conduct is the best proof of character.
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Joined: Sep 2003
Posts: 23,376
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,376 |
I dunno if this sell off is over. Nobody knows.
I used to do the "jump in and out" game.. Always seemed to miss out on bigger profits that came later. Capital gains taxes being another reason I don't do it much anymore.
Now, I don't buy anything I don't want to own in 10 years. It was/is a great time to get into energy stocks with a great div yield plus the opportunity for stock appreciation. Like all investments, it's a bet, but I don't think oil will be cheap for long.
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Joined: Aug 2005
Posts: 10,686
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 10,686 |
Still waiting for it to finish dropping. I have $2500 I need to do something with. Damn savings accounts are a joke and can't think of any other investment giving a decent return.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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Joined: Sep 2003
Posts: 23,376
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,376 |
I like a wells fargo advantage or eaton vance closed end mutual fund. Pays above 8% div, and pays out monthly. Reinvest, and let things start to snowball for you. I own a fair amount of EVV.
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Joined: Dec 2010
Posts: 6,142
Campfire Tracker
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Campfire Tracker
Joined: Dec 2010
Posts: 6,142 |
Bought Apple @ $86.... In Jan 2009, at the dead bottom ,before 7:1 split.
Oh; if I knew then what I know now!
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Joined: Mar 2013
Posts: 1,884
Campfire Regular
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Campfire Regular
Joined: Mar 2013
Posts: 1,884 |
I increased my 403b contribution. Does that count?
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Joined: Aug 2004
Posts: 7,578
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2004
Posts: 7,578 |
Made a few tweaks. Sold some EPD at 41, bought some back at 36 when a buy order was hit, sold it again at 38. Also got some EMN at 72, which was a nice entry point.
I think the speed of this downdraft says that the next market drop could have some real depth.
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Joined: Apr 2010
Posts: 20,683
Campfire Ranger
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Campfire Ranger
Joined: Apr 2010
Posts: 20,683 |
had my wife's car detailed for her
anything that lets you keep half your net worth is a good investment in my book (grin)
and the biz she runs is generating cash pretty danged well.
best investment I guess I ever made was marrying her, she's a good kid
I'm pretty certain when we sing our anthem and mention the land of the free, the original intent didn't mean cell phones, food stamps and birth control.
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Joined: Sep 2007
Posts: 13,268
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2007
Posts: 13,268 |
Bought Apple @ $86.... In Jan 2009, at the dead bottom ,before 7:1 split.
Oh; if I knew then what I know now! I'm always leery of investing in a company that most of it is intellectual. I'm sure somebody eventually with the right pull could get X made in the same exact factories etc... At least with Exxon I know they have a ton of stuff that's actually worth money regardless of what happens to the company. Land, refineries, pipelines etc...just don't instantly devalue over night beacuse they aren't cool any longer.
Otto is my co-pilot.
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Joined: Oct 2004
Posts: 23,364
Campfire Ranger
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Campfire Ranger
Joined: Oct 2004
Posts: 23,364 |
I'm fairly active. I sold about 80% of my stuff on the 8th and bought most back on the 15th. UNP, URI and GILD all up 10%+ since then. Picked up VZ and TRV yesterday in the dip. Love those dividend stocks. Market should be decent til January. Do you get slaughtered with Capital gains?
"The Democrat Party looks like Titanic survivors. Partying and celebrating one moment, and huddled in lifeboats freezing the next". Hatari 2017
"Hokey religions and ancient weapons are no match for a good blaster at your side, kid." Han Solo
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Joined: Jul 2012
Posts: 4,776
Campfire Tracker
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Campfire Tracker
Joined: Jul 2012
Posts: 4,776 |
I'm always leery of investing in a company that most of it is intellectual. I'm sure somebody eventually with the right pull could get X made in the same exact factories etc...
At least with Exxon I know they have a ton of stuff that's actually worth money regardless of what happens to the company. Land, refineries, pipelines etc...just don't instantly devalue over night beacuse they aren't cool any longer.
Apple's got $160 billion in reserves and an enormous market share. I'd say they aren't going anywhere.
The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment. � WARREN G. BENNIS
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Joined: Dec 2005
Posts: 40,179
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2005
Posts: 40,179 |
3 acres of trees, but I did get the mineral rights.
Son of a liberal: " What did you do in the War On Terror, Daddy?"
Liberal father: " I fought the Americans, along with all the other liberals."
MOLON LABE
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Joined: Feb 2004
Posts: 17,731
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 17,731 |
I bought another single family residence for a rental.
NRA LIFE MEMBER
GOD BLESS OUR TROOPS
ESPECIALLY THE SNIPERS!
"Suppose you were an idiot And suppose you were a member of Congress... But I repeat myself."
-Mark Twain
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