Sold!
*Investors Blog*
- Thread starter Warstud
- Start date
Sold!
I believe these bottom feeders got sold off for tax loss harvesting and might be good buys in the mid term (6 months max, likely less). I may buy some or all in small amounts.
Opinions or ridicule welcome.
TGT
DEO
CMG
Opinions or ridicule welcome.
TGT
DEO
CMG
Me and restaurants and retail have never been friends. No ridicule here. They are definitely down, but is the knife still falling?I believe these bottom feeders got sold off for tax loss harvesting and might be good buys in the mid term (6 months max, likely less). I may buy some or all in small amounts.
Opinions or ridicule welcome.
TGT
DEO
CMG
I went sorta big (but not Z9 big) into oil and gas, that sector certainly got a boost.
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More cash than ever - I have to say my accounts are a lot more stable, trade off being less growth and slightly lower month end beginning pay days. Kind of enjoying it.
Not saying I am right, just answering the questions
The technicals seem to show they have capitulated. Doesn't mean they will go up, but if there is good news they have a better chance to outperform.
I normally don't like these segments either, but they would seem to benefit most from the soon to be announced vote buying stimi checks.
I would be interested in what you see in O&G. I fail to see any value there currently. I agree in 1 - 2 years that will be the place to be. If you wanted to share any tickers publicly or privately I would be all ears - I generally love that sector.
I also have a lot of cash.
MLPX and MLPA were the larger allocations.
OKE, AMLP, EMO
Not saying I am correct, just collecting the divi's (no K-1's) and some small upward push, maybe winter or maybe the new MPG regs...........
I do like pipeline MLP's in an ETF to simplify taxes. Especially with falling rates.
I am not currently in income producing assets. I am riding the rocket ship.
I've tried to catch a falling knife before with mixed success. Buying retail or restaurant stocks right now would be like (warning - attempt to use a metaphor here!) trying to catch a falling anvil.
I agree. I never try to catch the bottom. On a short term basis at least they have been rising again, and the technicals align with that.
Not saying it might not be a dead cat bounce.
I am pretty diligent about tight stops.
I've decided, $10-15K month is OK from the market, we spend $6-7K max and our SS, pensions, etc is more than spending. Don't tell the kids. I was worrying too much, but it might be the caffeine.I do like pipeline MLP's in an ETF to simplify taxes. Especially with falling rates.
I am not currently in income producing assets. I am riding the rocket ship.
You need to take a class on how to spend more. I need that class also. Let me know if you find one.
I am more than happy to send you both an account number. Or a gift registry if you prefer.
I didn't exactly think retirement would be like this. But maybe that's best. Save while working - thinking all the while that we will barely exist!
Oh, I know how to give money away. I just need the skills to transition from being such a "thrifty" person.
Last winter, I ran into a friend at the airport, boarding the same flight from ORF-DEn that I was on. He’s a retired UAL Captain and a big skier. He was heading out to spend a couple of weeks skiing.
I asked if he had a seat, or was traveling “non-rev” (which is our free standby flying).
He replied that he had a seat, I asked if he wanted to board with me in group 1.
He replied that he was in group 1, because it was a nice seat. First Class.
I raised an eyebrow.
He said that his financial advisor told him, “Either you start flying in first class, or your kids will”.
Sound familiar?
