You see a lotWith 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.
I hope I'm wrong. But cutting 20% of the oil supply can't be good for anyone.You see a lot
It's been good here...it takes just a $1 a gallon more and the rural roads here were traffic free....seriously nobody around but the negative thing is it hurts more people then anyone says it does.... that is sadI hope I'm wrong. But cutting 20% of the oil supply can't be good for anyone.
Probably not going to get favorable feedback, but.....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.
YepExactly. I almost never recommend the krap I buy. In fact short or buy puts any I put out there
I think SWKS is due to pop.
We haven't seen anything cut yet, because crude carriers take months to get where they are going. So every week were shut is a week in the future we don't get crude. Not to mention the restart whenever that is.I hope I'm wrong. But cutting 20% of the oil supply can't be good for anyone.
I think the last tanker that sailed through reached its destination this past weekend.We haven't seen anything cut yet, because crude carriers take months to get where they are going. So every week were shut is a week in the future we don't get crude. Not to mention the restart whenever that is.
I predict things get worse before they get better, and have trades on to take advantage of that. Note I said trades not investments. Sudden return to all time highs were a gift.
Sometime I just BID and wait, mainly because low volume. Patience.I'm nibbling at preferreds this morning.....
Yep. I usually hit 1 penny above the low bid and usually get them pretty quick. I get quicker fills on these with Schwab than Vanguard. I guess Schwab routes through different dealers ????. The b/a spreads on some of these CEF preferred is wide.Sometime I just BID and wait, mainly because low volume. Patience.
I'm open minded right now. But yes on the BACPRB - short it article (no thanks):What type of prefered's? Bank, insurance, other? My BAC/PRB is way above par now. With treasury yields still going generally up I am surprised?