Renting out property in Hawaii
*Investors Blog*
- Thread starter Warstud
- Start date
Liberty Strategic Capitol saved the day .... they invested 1 billion into NYCB ..... now its up 30%
Here's a question. I never seem to get these (speculative) type of things right, so I will ask.
Should I sell my Uranium ETFs?
I've owned URNM (200 shares) and URNJ (400) for a little bit, well from the lows. I don't own a ton of shares (now worth $10K each or so) but they are up nicely - so selling half seems - I dunno a bit dull. Both in an IRA so no worry on taxes.
Stay or go, what does the future hold??
Should I sell my Uranium ETFs?
I've owned URNM (200 shares) and URNJ (400) for a little bit, well from the lows. I don't own a ton of shares (now worth $10K each or so) but they are up nicely - so selling half seems - I dunno a bit dull. Both in an IRA so no worry on taxes.
Stay or go, what does the future hold??
I don't really believe/worship/follow charts for materials/minerals/gold/metals. They don't exactly behave the same as stocks.
That said, these are funds so...........
I should have sold Feb 1!!
I will hold. I bought these over a year ago.
The trendlines are pointing up so I would hold onto them to ...... URNM looks the strongest of the two .
My speculative play is VNM. Doing well so far.
I've often thought of Vietnam. Is the dividend sustainable? Are the businesses nationalized?
Viet Dairy Products is still #1 holding?
The fund looks stable, interesting.
I have been looking for some international exposure. After 20 years of doing nothing, international might catch a bid. Never thought of Viet Nam.
I don't invest for its dividend, its incidental in my mind. I believe it to be very oversold recently and due for a recovery. It a unique holding, part nationalized and part private. The real story is VNM is a Frontier market and it has a burning desire to become an Emerging market. Once that happens its open to much wider investment access. Viet Nam is checking off the boxes to accomplish that. The country has excellent logistics, so it can be the shipping center for all of SE Asia. Construction is booming all across the nation. I bought in at $12.21.
Viet nam makes sense. But there in the South China Sea, so there going to end up awash in whatever fallout there is from that mess. Should be a good bet if China just fades away rather than with a bang.
Looking into Columbia. There supposedly what Mexico was 30 years ago, USA friendly government and people, ship access to both our coasts, through friendly waters without needing the Panama Canal which is running out of water to function. Given Mexico is getting full, and going to Asia is higher risk now - I think it would be a good bet. Problem is the only ETF I can find is mostly banks. Banks could be good if its a growing place, but even our highly regulated banks are a cesspool of fraud and made up numbers?
On a different note the Chinese are also defending the Hang Seng at 15,000 now. Not saying its a good long term investment. Might be a trade?
Looking into Columbia. There supposedly what Mexico was 30 years ago, USA friendly government and people, ship access to both our coasts, through friendly waters without needing the Panama Canal which is running out of water to function. Given Mexico is getting full, and going to Asia is higher risk now - I think it would be a good bet. Problem is the only ETF I can find is mostly banks. Banks could be good if its a growing place, but even our highly regulated banks are a cesspool of fraud and made up numbers?
On a different note the Chinese are also defending the Hang Seng at 15,000 now. Not saying its a good long term investment. Might be a trade?
Latin America.
Just don't know. Rode Brazil up 4-5 years ago. Colombia could be something, but then...........is it corruption? Gov? Marxists? Argentina Part 4.
I am not saying its not speculative. The only reason to buy into Columbia is if you think there going to tie in with the Western system - or more specifically the 3 former Nafta countries. If not, then your right, there just another Banana Republic.
The same applies to Viet Nam. If there going to align with Western Capitalism then its a win. If there going to become a BRIC puppet like Brazil decided to - well then your wasting your money as you pointed out.
Everyone goes to Washington broke then leaves rich 10 years later on a civil servant salary, if you care to discuss corruption. Same everywhere, including here. Best for peasants like us is just go with the flow. Don't need to like it to profit from it.
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Good post. Agree.
Here's another angle. I made money in Brazil by looking at the 3 or 4 funds and choosing the top companies in the funds. I did better than sitting on the funds. Now the thing is, I don't see how you could do this with Vietnam. Or even Columbia.
BTW: I have some DINK inlaws who did exactly that. Retired in their 40's!! RICH.
