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BlueSkyForever

BlueSkyForever
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  • Some "Dogs" For 2015 [View instapost]
    good picks F&G, I own them all except MRK.

    nice rally we've had the last few days : )

    bought some UCO & MEMP a couple days back; both are in the green.

    easy money to made off oil's dip.
    Dec 19, 2014. 03:01 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #53 [View instapost]
    I wouldn't tell anyone that $5,000 invested at age 55 would end up making them millions either.

    I never said anything close to that!

    I guess you didn't read any of my comments about investing $5,000 30, 40 or more years ago could add up to.

    And that was without reinvesting dividends.

    It really is useless for me to comment here.

    Sigh.
    Dec 17, 2014. 05:00 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #53 [View instapost]
    D, are you getting into UCO now, going long on oil?

    I'm holding MEMP & UCO hoping to make some $ as oil recovers....small positions.
    Dec 17, 2014. 03:36 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #53 [View instapost]
    astarr, I'm also planning to live on dividends in retirement.

    so far it's working well, plus a nice side effect with buying quality stocks that pay dividends is they tend to go up over time, and hold value well during dips.

    Along with the blue ribbon stocks, I have invested in several growth stocks.
    Dec 17, 2014. 03:15 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #53 [View instapost]
    astarr, I'm one of the DGI believers. Also, I like to invest for decades....very much contrary to what others are doing here.

    in a recent post, I researched what holding WMT, JNJ, LMT, MCD, AAPL, MSFT & a few others would have done for you, with just $5,000 original investment in each, then held for 30, 40 years.

    Easy way to become a multimillionaire : )
    Dec 17, 2014. 03:12 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    D, forward PE on Honeywell is 16.2, with a Peg ratio under 2. Excellent company - worth buying now, or wait for a dip but really, I would start buying now.

    HON & MMM are 2 of the best companies I own. UTX is also a good candidate, forward PE ratio is 16.

    The quality companies rarely go "on sale." Waiting for the elusive big dip could mean you end up paying more.

    Disclosure: I own MMM, HON & UTX.
    Dec 17, 2014. 09:31 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    L, I have 3 stocks that could be considered: GE, KMI, & ARLP

    PE ratio: ARLP is the lowest 9.1 forward PE. PEG ratio 1.69, under 2 so that's good. Forward earnings are good. ARLP is a utility that burns coal. Looking at the financials, current liabilities are under current assets & total assets are considerably (about a billion) higher than total liabilities. Price to book is 2.48, profit margin 12.2 %, price to sales 1.39. Long term debt to equity is 76. Dividend is 6.34%. Currently priced at $40.21 off the high of $53.83.

    Now let's look at KMI: forward PE ratio is on the high side, 30. Peg ratio 3.52. Forward earnings look ok - KMI makes $ transporting & storing oil & gas. Current assets are 2.2 billion less than current liabilities; total assets are 28 billion more than total liabilities. Price to book 3.19, profit margin 8.5%, price to sales 2.44. Long term debt to equity is 259. Dividend is 4.62%. Current price is $38 off the high of $42.49.

    Finally GE: forward PE ratio13.8. Peg ratio 1.93. Forward earnings look good. Current assets 30 billion more than current liabilities; total assets roughly 136 billion more than total liabilities. Price to book 1.87, price to sales 1.75. Profit margin 8.9%. Long term debt to equity 234. Dividend is 3.76%. Current price is $24.50 off the high of $28.

    **data from CNBC.com; financial data from 2013.

    I would rank them as #1 ARLP, #2 GE and #3 KMI. If I didn't own any of them, I would start positions in all 3.

    Did I say I like MEMP? That's another one to buy now.

    However, you must do more due diligence on your own before buying. After looking at the technicals, I would read some articles here on SA or elsewhere, to determine whether or not to invest.

    Disclosure: I own all 4.
    Dec 17, 2014. 09:25 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    L, I own so many stocks. GE is a part of my portfolio, long term it is a good company IMO. Along with stocks like HON MMM JNJ MO T VZ WEC SCG WMT KRFT XOM CVX COP SWK CBRL ABBV LMT NOC KMB UTX UNH KMI .... so I think GE is a good core portfolio stock.

    Especially since GE is down, whereas stocks like HON & MMM are not. Just in the last week, several good articles have been written about GE on SA.

    I like MEMP because of the dividend. Bought some this am.

    Looks like oil may continue to be volatile for some time, so if you wait a bit, the price on some of these oil stocks might get even better.

    I do think it's a good idea to buy a stock that will complement your portfolio when it's beaten down. KMI pays a higher dividend, so if you don't have enough energy sector that's a good pick.
    Dec 16, 2014. 11:35 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    Bought MEMP & UCO this am; still worried that oil will go back to falling.

    Hard to tell what happens - but at some point, oil has to find a bottom.

    Even if Russia exits Ukraine, they still have problems. But it would help if the sanctions would go away. Seems harsh to increase sanctions now.
    Dec 16, 2014. 11:58 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    If oil falls below $54, it may really get ugly under $50. Could fall into low $40's....wow.

    Some pros are predicting oil will be back to $100 a barrel by the end of 2015.

    Seems like we are holding at $54 by fingernails; tomorrow will be telling.
    Dec 16, 2014. 09:40 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    T, exactly why the situation is worrying me. Your comments about the BDCs especially.

    I guess we will know soon enough which way it's going.
    Dec 15, 2014. 07:16 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    Wmarkw, agree - lower oil = cheap gas. You would think the markets would be rallying, but no. So I'm watching, planning to buy some stocks maybe tomorrow & over the rest of this week.

    Makes me wonder what is store for us in Jan/Feb. A lot is going to depend on whether jobs keep getting creating & if people start spending more.

    Long term, this too shall pass....majority of my investments are for the long haul.

    I'm just looking for quality stocks that have fallen into bargain territory.
    Dec 15, 2014. 07:02 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    PSX is really down...which to me is puzzling. Doesn't cheaper oil mean refineries will actually make more $ ? PSX looks very tempting at this beaten down price. PE is under 10; price to book is under 2. Might be time to back up the truck on this one.

    I think gasoline demand is going higher, with the new lower price of gas which it seems will be around for awhile.

    We might actually see something like a shock to the GDP, if the low gas prices encourage consumers to spend, take vacations, & drive bigger vehicles.

    I guess that's the positive view.
    Dec 15, 2014. 06:56 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    D, this is because China & maybe some other countries are stockpiling oil. Good idea, as the price is so low.

    And going lower....IMO.
    Dec 15, 2014. 06:42 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #5Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #52 [View instapost]
    Oil isn't done falling. It may even go below $50. Once oil does stop, it won't go up that fast. Might not get north of $60 for over a year. It's going to take awhile to shut down the producers that are now losing $. Meanwhile, the Saudis make $ at $7 a barrel.

    Bill Gross thinks the GDP will decline from about 3 to around 2 in 2015. This seems pessimistic, but reasonable when you think about how the market is currently reacting. If the consumer decides to stop spending $ we could be in real trouble. As long as jobs continue to stay over 200,000 a month, we might be able to weather the current storm. It's all hanging on consumers spending more $ & people getting better jobs.

    Lower oil & cheap gas will help, but panic is not going to help as oil finds a level.

    I will remain on the sidelines a bit longer. Watching the Vix, it fell today, as did gold.

    Perhaps sanity will return soon.
    Dec 15, 2014. 06:39 PM | 1 Like Like |Link to Comment
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