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*Investors Blog*
- Thread starter Warstud
- Start date
I've got some cash sitting in my Roth that I need to get invested. Anyone have any suggestions to look into? Won't be retiring for a least 10 more years.
Broken record here, but look at FSELX. It has averaged 30% annual returns for the last 10 years. It also pays CG/Dividends. It was ~5% in December and 9% lats Friday.
Winning.
I did not see any yeild but looks good. I'll drop a couple grand in it.
SLV it just keeps a-going..
Bought some more.
Got penny wise and pound foolish on SCO. Tried holding for 7.55 entry, should have put in 7.59 yesterday but I thought it would only go to 7.80 or 7.90 maybe. Woke up this am to 8.03 going to 8.86. 1.26/sh woulda made my day...But I'm happy with how the week went and I hope the peace holds.
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My buddy Paul called me today very worried over ARCC. Apparently the trading site he subscribed to has some doubt about it... He was in it when it was high like $23 a share and bought his way down to very low $19....
He knows i was in it for mid $17 and I was buying and selling on 10k shares..Dumping 5k here and there when it was profitable and I dumped the rest for over a $1 a share last week. I just got bored with it.
Come to find out He has $450k in it and is sweating bullets. But he was up the other day 14 cents....
I told him to sell it or start bleeding it off here and there...He was undecided and started giving the positives and then the negative realities ..totally confused was he
I ended that....I told him don't look at it like $450k but a half a million $$ and that locked him up and he is going to start unloading it....that's all it took...
Word play...weird huh
He knows i was in it for mid $17 and I was buying and selling on 10k shares..Dumping 5k here and there when it was profitable and I dumped the rest for over a $1 a share last week. I just got bored with it.
Come to find out He has $450k in it and is sweating bullets. But he was up the other day 14 cents....
I told him to sell it or start bleeding it off here and there...He was undecided and started giving the positives and then the negative realities ..totally confused was he
I ended that....I told him don't look at it like $450k but a half a million $$ and that locked him up and he is going to start unloading it....that's all it took...
Word play...weird huh
I told you NOT to bring it up!My buddy Paul called me today very worried over ARCC. Apparently the trading site he subscribed to has some doubt about it... He was in it when it was high like $23 a share and bought his way down to very low $19....
He knows i was in it for mid $17 and I was buying and selling on 10k shares..Dumping 5k here and there when it was profitable and I dumped the rest for over a $1 a share last week. I just got bored with it.
Come to find out He has $450k in it and is sweating bullets. But he was up the other day 14 cents....
I told him to sell it or start bleeding it off here and there...He was undecided and started giving the positives and then the negative realities ..totally confused was he
I ended that....I told him don't look at it like $450k but a half a million $$ and that locked him up and he is going to start unloading it....that's all it took...
Word play...weird huh
I owned ARCC years ago was just burying the dividend back in. Did ok as I recall
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He did that buying down deal which isn't always a great idea..
Why?
Where are you putting that cash to work?
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His money deserves a vacation now and then....
With 20% of oil supplies cut globally, I think we are in deep trouble. I think the war is going to renew with even more fiercely. I see a big recession in our future.
Will plow the money into preferreds for qualified dividends.
