*Investors Blog*

I see es back to green....praying does help as well as taking a nap to avoid stress lol

Today's action pretty much confirms my levels of 3900 and almost positively of 4100
 
jetman said:
I'm "trading" the long side (selling cash covered put options 15 to 45 days out) of ERX, it's a bullish O&G 2x leveraged ETF. In the last yr it has double the return of UCO with a little higher beta, 5 vs 4.

ERY is its bearish twin.
Click to expand...

I made some nice gains earlier this year with GUSH. ERX looks better. (y)

Things might get crazy in the near future…..
 
alarmguy said:
Owning property rules all else for security. My only hesitation is how bad is bad?
Are we at the beginning of bad or just the middle of bad and things wont get worse?
If we are just at the beginning, what we think is bad now might be nothing compared to what is to come if rates make a jump many points higher, 9%? 10? I have feeling the public is going to feel a lot more pain for a fair amount of time to get the massive amount of money floating around out there under control, but what do I know? *L*
Anyway, its a great position to be in if you are one who has to makes those decisions! Good luck!
Click to expand...
It does for yourself. If it’s low cost to maintain, upkeep, heat/cool, and has low taxes.

The biggest issue is the mass migration of idiots that voted for bad policies that became unaffordable where they lived, and will bring the same opinions and costs to where they move. Like locusts only worse.

That and the reality of not being able to evict people under “emergency” conditions makes the prospect of more residential property more questionable.
 
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JHZR2 said:
Took some profits on XOM. Still have a good position but I can’t see it staying this high too long before they get vilified.
Click to expand...
I bought a new Toyota Camry's worth of XOM in March 2020. Enough so that the dividend would cover $100 a week for fuel costs. Now the stock is worth a new Tesla SUV after the fed rebate goes into effect. Hmmm.
 
Koainn said:
Jamie dimon? The guy that had a hand at causing the last financial disaster? I didn't think anyone listened to him anymore
Click to expand...
Jamie Dimon personally made generational money off the 2008 financial situation. Chase's acquisition of Washington Mutual was quite the steal. Being too big to fail can be very fruitful and profitable for some.

The big boys like Dimon have done really well during so called financial crisis.
 
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