The Last Days of the Long Investor? [View article]
Eventually, small investors are going to wake up a recognize that "owning" stocks which do not pay solid dividends is a waste of time and money.
Right now, I am in CANROYS (PWE, PGH, etc.) and dry-bulk shippers (DSX,EGLE, etc.). Solid companies that pay solid dividends.
Also, there are some nice ETFs out there: DGT, DVY, etc.
I recommend that people sit on the sidelines, wait for a nasty pullback, then buy. When there is a run up, sell some. If you don't want to sell- out fully, sell some covered calls.
The most important rule to remember right now is NEVER, NEVER, NEVER buy any stocks on a day then the market is up more than 50 points. Your best bet is to buy ONLY when it's down more than 100 points.
The hedge funds are driving the market volatility and if you buy into it, you care giving them your $$.
I read the other day that one FIG (Fortress Investements) employee got a $400m (million!) stock grant recently.
If you buy on a market up day - you are funding that program...
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Eventually, small investors are going to wake up a recognize that "owning" stocks which do not pay solid dividends is a waste of time and money.
Aug 14 12:28 pm
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All Comments by sr9web »The Last Days of the Long Investor? [View article]
Right now, I am in CANROYS (PWE, PGH, etc.) and dry-bulk shippers (DSX,EGLE, etc.). Solid companies that pay solid dividends.
Also, there are some nice ETFs out there: DGT, DVY, etc.
I recommend that people sit on the sidelines, wait for a nasty pullback, then buy. When there is a run up, sell some. If you don't want to sell- out fully, sell some covered calls.
The most important rule to remember right now is NEVER, NEVER, NEVER buy any stocks on a day then the market is up more than 50 points. Your best bet is to buy ONLY when it's down more than 100 points.
The hedge funds are driving the market volatility and if you buy into it, you care giving them your $$.
I read the other day that one FIG (Fortress Investements) employee got a $400m (million!) stock grant recently.
If you buy on a market up day - you are funding that program...