topflite51
In The Desert of Nevada
Senior Member
Joined: 05/13/2004
View Profile
|
glock35ipsc wrote:I personally have a thing for ocean freight companies, REIT's, and gas & oil LP's. I'll collect those dividends and distributions all day long!!!! Add to that coal LP's, and you will have an excellent ROI.
 David
Just rolling along enjoying life
|
PA12DRVR
Katy, Texas
Senior Member
Joined: 09/17/2003
View Profile
|
".....
Now, if I was forty with a good income and little debt, then I would see things differently....."
If one is in something close to this position, I'd have to agree with Skid Row Joe....now is a darn good time to be in stocks (or stock mutual funds if one is not ready to try to make individual picks).
My portfolio is significantly in mutual funds, but some of the individual stocks I have are oil cos. and service cos. that support the oil industry...I think there is still a window to make a few $$$ in that market sector. The window is going to shrink, though.
CRL
Temporarily (5  years & counting)displaced Alaskan
My Other RV is a 1946 PA-12
|
glock35ipsc
Colorado
Full Member
Joined: 04/19/2005
View Profile
 Offline
|
Don't forget about ETF's. I personally don't care much for mutual funds due to expenses, but I have a couple ETF's that are oil and currency based (Euro). Very low expenses and can be traded intraday.
2002 GMC 1500HD CC, 6.0L/4L80E/3.73, W4M Performance PCM, cold air intake
1991 Fleetwood Wilderness 25.5 fiver
2005 Mirage 20' Enclosed Snowmobile Trailer, fully finished
2004 Yamaha V-Star 650
1998 Harley Sportster XLH883
2000 Ski-Doo MXZ700 (x2)
|
glock35ipsc
Colorado
Full Member
Joined: 04/19/2005
View Profile
Offline
|
Speaking of the oil ETF, mine (OIL) is up 4.87% so far today.
|
needsomefun
Horse Creek, CA
Senior Member
Joined: 04/27/2004
View Profile
|
Ed McMahon dot com
|
|
|
road2002runner
Vancouver Island B.C.
Senior Member
Joined: 11/29/2001
View Profile
Offline
|
Buy low - sell high, if a stock don't go up - don't buy it.
W. Rogers
I'll NEVER be an "EXPERT" (In math.X is an unknown factor and a "SPURT" is just a drip - under pressure)
Y2K F350 Longbox C.C. SRW, 2WD (BIG BLUE)
2004 COUGAR 295EFS
Barry, Margy & Ginger - the "wonder" Sheltie
|
MCDDY
Louisiana
Senior Member
Joined: 07/14/2003
View Profile
Offline
|
I've got to agree with PA12DRVR on his sector of investment. The service sector, all huge international companys and firecely competetive, of the oil industry can be a serious money maker. There are 5or6 companys that rise and fall almost in unison + ther range of change can be significant,6 to 10% over several months. I've even printed out their monthly/yearly performance on transparent overlays and layed one on the other. Pretty much a single line. Just have to be patient, read the industry newsletters, they're out there on the net. Had a lot of fun and made some good profits figuring out where the peaks and bottoms of the valleys were.
Now my money is in an IRA 80% Corporate Bonds and 20% stocks. Still making money, just not getting rich. Biggest thing is having little or no debt going into retirement.
Dave
GEAUX TIGERS
Dave, Miss Sue & Lucy the Terrorist Scotty Pup
Big Easy Area.
FMCA 153192
00 Windsor, 40' 2 Slide, ISC 350 HP.
02 Grand Cherokee Toad. Brake Buddy, Aventa 2
|
Charlie D.
Gonzales, La.
Senior Member
Joined: 09/12/2006
View Profile
|
MCDDY wrote: Biggest thing is having little or no debt going into retirement.
Dave
You you my friend hit the nail on the head. Debt and retirement has been the down fall of many people. Debt free and good health insurance makes me sleep well at night.
Enjoying Your Freedom?
Thank A Veteran
2007 Holiday Rambler 32SKT
2006 Chev LT D/A CC
|
wa8yxm
Wherever I happen to park
Senior Member
Joined: 07/04/2006
View Profile
Offline
|
Well... The business I"m trying to get in is basically helping people retire debt free with a decent investment package.. So I agree with you C.D.
Nothin adds excitment like something that is none of your business
John is Near Kenwood TS-2000 housed in a 2005 Damon Intruder 377
|
Skid Row Joe
On the road in America
Senior Member
Joined: 04/26/2006
View Profile
|
glock35ipsc wrote:Speaking of the oil ETF, mine (OIL) is up 4.87% so far today. The twenty four hour news cycles are driving and moving many things on raw emotion. Volatility can be dizzying and rewarding.
I have a sweet tender nature, however I enjoy sharing my thoughts and opinions. 
|
|
|
