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  • Oil Price Has Not Bottomed, But Here's How To Prepare For It  [View article]
    Brother, I read somewhere in the news about a month ago that the U.S. was selling their reserves. This makes no sense to me but that is what I heard. Maybe somebody with some knowledge of this can reply and clear that up.
    Feb 2, 2016. 01:35 PM | Likes Like |Link to Comment
  • Oil Price Has Not Bottomed, But Here's How To Prepare For It  [View article]
    Jeff, that was the most informative article I have read so far on the oil situation. Well put together and well thought out. Thanks for the info.
    Feb 2, 2016. 08:09 AM | 4 Likes Like |Link to Comment
  • Wait For Chevron To Drop Before Investing  [View article]
    I have a really dumb question to ask. But maybe somebody knows. Since all the major oil producers are continuing to produce oil full barrel regardless of the price of oil, when do they start running out of storage for all this oil they aren't selling? Its got to be an awful lot of stuff. Where is it going and when will their capacity to store oil come to an end? I just thought of that today. anybody know?
    Feb 1, 2016. 05:40 PM | Likes Like |Link to Comment
  • Top Takeaways From Chevron's 4th Quarter Results  [View article]
    Al, I'm afraid if your solution would be implemented, the welfare roles would skyrocket. Its a bad situation all around.
    Feb 1, 2016. 08:23 AM | Likes Like |Link to Comment
  • Top Takeaways From Chevron's 4th Quarter Results  [View article]
    So Fred, if these major oil producers are going to continue increasing production into 2017, and presumably drive down cost of oil in the process, how are they going to continue staying in business? The only option left, if that is the case, is another Government bail out. That, or go broke, I would guess.
    Feb 1, 2016. 07:37 AM | Likes Like |Link to Comment
  • Chevron: That Was Not Pretty  [View article]
    Like the Fed selling our oil reserves at a loss and helping to flood the Market? I just can't figure that one out.
    Feb 1, 2016. 07:22 AM | 1 Like Like |Link to Comment
  • Chevron: That Was Not Pretty  [View article]
    Ross, I've already done that for that reason. Sold around half my shares with the intent of buying back. Still waiting.
    Jan 31, 2016. 02:03 PM | Likes Like |Link to Comment
  • Top Takeaways From Chevron's 4th Quarter Results  [View article]
    I don't think this is really a CVX problem so much as an oil industry problem. I would go so far as to say the whole oil issue is fabricated and could be resolved in a few months. All it would take is a cut in oil production by OPEC and mainly Saudi Arabia who continues to pump that oil in an effort to bring those North American fracking companies to their knees to hinder competition. Once cut backs in oil production begins, companies like CVX will begin a surprising recovery. The question is, when will Saudi Arabia throw in the towel? I suspect it will be soon.
    Jan 31, 2016. 01:59 PM | Likes Like |Link to Comment
  • Chevron: That Was Not Pretty  [View article]
    But if oil producers like OPEC and others decide to cut oil production to drive the price of oil up, would'nt that very quickly change the situation for CVX? In other words, is CVX actually performing poorly for internal reasons, or is it just a victim of the current global oil glut?
    Jan 31, 2016. 10:46 AM | 2 Likes Like |Link to Comment
  • Trolls And Troublemakers  [View instapost]
    Alan, my daughter has been battling liver & colon cancer now for a couple years, so I know how difficult it is to deal with. Stay positive and fight it one day at a time. It can be overcome. Don't let any negatives get to you. You have a lot of strangers on this site who not only depend on your financial wisdom and knowledge, but genuinely admire you as a person. I happen to be one of them. In the scheme of things, a negative post means absolutely nothing. Don't let that bother you. You have thousands of people who admire you on this site. That's saying a lot.
    Jan 29, 2016. 09:46 AM | 4 Likes Like |Link to Comment
  • Ford to add start-stop feature to F-150s with EcoBoost  [View news story]
    This doesn't sound like something I would want to have in my car. All that starting and stopping can't be good for the car over time. Almost sounds like a nuisance. And Ford will be putting this device in all of their new trucks? Not such a good idea to me and I like Ford trucks. Might cause me to shop around. Hope the Government doesn't force this on all new models and makes.
    Jan 23, 2016. 08:55 AM | Likes Like |Link to Comment
  • Retirement Strategy: The Smell Of Fear Is Here  [View article]
    Huey, I'm basically a dividend investor and pretty much hold a portfolio very similar to RS's DGI plan. However, I feel an investor has to keep a solid position in cash to control his investment. Without that buffer, you can't really protect yourself when a Market correction occurs. And it definitely is right now. I did sell some of my shares of CVX, XOM, EPD & CINF simply to build up my cash position. Otherwise, when a 10 or 20% correction occurs, how in the world do you buy into the shares to average down your losses. I have to be able to buy into those dips to remain stable. Who knows how long its going to take for the Market to bounce back from this correction? If you're in your seventies like I am, well you can't wait forever. You've got to have enough cash to meliorate your investment. I took a temporary loss to do just that. So I personally agree with what you're saying.
    Jan 20, 2016. 08:01 AM | 1 Like Like |Link to Comment
  • Retirement Strategy: Oh My God, The World Is Ending!  [View article]
    So many responses to your article. A testament to the wonderful advice you've passed on to so many amateur investors who needed someone like you. You are definitely one of a kind.
    Jan 10, 2016. 08:09 AM | 5 Likes Like |Link to Comment
  • Bank Of America Pressured By Low Oil Prices - Sell Now  [View article]
    Don, I have to give it to you. You definitely know how to stir up the masses, but so far, without doubt you've got BAC pegged correctly. They rode dirty with their shareholders and their management got away with it. If someone wants to take a chance with them today, it might work out, but they'll have to hold their noses while they buy those shares.
    Jan 1, 2016. 07:51 AM | 1 Like Like |Link to Comment
  • Coca-Cola plant in Yemen destroyed by airstrikes  [View news story]
    You think Pepsi was behind it?
    Jan 1, 2016. 07:37 AM | 8 Likes Like |Link to Comment