[Rmtt]

Long term...REIT's.........but do your due diligence.

I've seen a lot of stuff that would have been good buys and sells this week if you were a day trader.

But I'm in cash....not margins. It's still all good as long as you keep a bit set aside for maybe 1 or 2 quick flips a week.

[BimmerDimmer6]

Originally Posted by maul3d

I'll take care of it for you !

PM me for wiring details.

If you're putting it in a 1031 send it over

[KingOfJericho]

Originally Posted by MisterF80M3

If you think everything will be back to normal in 6 months, I have a bridge to sell you.

Did I say "back to normal in six months" anywhere in my post? I'd be shocked if I was back in my office in Manhattan before Halloween.

[KingOfJericho]

Originally Posted by BMW F22

Agreed. Don’t care what anyone says, I never buy a stock when it’s on its way up.

Isn't the whole point to buy things that are going to appreciate in value? I understand buying on a down day or buying on dips, but the whole point is to buy things on the way higher.

[smyles]

"buying a stock when it’s on its way up" and "chasing a stock" are two different things. Nothing wrong with the former, as long as it's not the latter.

P.S. Things will be back to normal mush sooner than some think, and already priced in, to an extent; however, it won't be back to 100% pre-covid. 'New norm', as they say now.

[KingOfJericho]

Originally Posted by smyles

P.S. Things will be back to normal mush sooner than some think, and already priced in, to an extent; however, it won't be back to 100% pre-covid. 'New norm', as they say now.

Completely agree.

[Jordan's World]

Originally Posted by smyles

"buying a stock when it’s on its way up" and "chasing a stock" are two different things. Nothing wrong with the former, as long as it's not the latter.

P.S. Things will be back to normal mush sooner than some think, and already priced in, to an extent; however, it won't be back to 100% pre-covid. 'New norm', as they say now.

Originally Posted by KingOfJericho

Isn't the whole point to buy things that are going to appreciate in value? I understand buying on a down day or buying on dips, but the whole point is to buy things on the way higher.

Agreed. I am not sitting around waiting to see if we retest the mid-March lows. I am buying into individual companies I think are undervalued, and will hold them for the long haul or until we some light. I am however holding onto some cash just in case we see another correction.

I think the fed is pumping too much money in to retest lows, nonetheless, it will be fun to watch the next few months.

[ASAP]

Hope no one invested into West Texas Crude here in the last few weeks lolol.

[EricVR4]

I've gotten almost no work done today. I've just been staring at my monitors in shock, watching WTI absolutely plummet.

Today sucks a lot.

We need wheels moving and wings in the air soon

[Poupon McArr]

Originally Posted by ASAP

Hope no one invested into West Texas Crude here in the last few weeks lolol.

After the big downturn a couple weeks ago you know there were some people "this is the bottom, time to invest now!" Then they felt good when they saw production limits being discussed.

Now I just hope there's someone else at home with them making sure they don't jump.

[Nuckle]

I bought USO at $4.51 and again at $4.21 and again at $3.77. Ready to hold it as
Long as I have to. Maybe rebuy if it's drops to $3.20.

[Jordan's World]

Originally Posted by Nuckle

I bought USO at $4.51 and again at $4.21 and again at $3.77. Ready to hold it as
Long as I have to. Maybe rebuy if it's drops to $3.20.

Why did you pick USO? Do they have strong financials?

I was thinking about buying into some oil late March, but to be honest, I known nothing about the industry and was afraid to pull the trigger.

Companies like Disney, Boeing, or Apple, I am able to better understand and analyze. Maybe its just me, but there's just something about oil that seems hard to foresee.

[Poupon McArr]

Originally Posted by Jordan's World

Why did you pick USO? Do they have strong financials?

I was thinking about buying into some oil late March, but to be honest, I known nothing about the industry and was afraid to pull the trigger.

Companies like Disney, Boeing, or Apple, I am able to better understand and analyze. Maybe its just me, but there's just something about oil that seems hard to foresee.

Thanks for coming to the casin...er stock market. Red or black?

[Nuckle]

Originally Posted by Jordan's World

Why did you pick USO? Do they have strong financials?

I was thinking about buying into some oil late March, but to be honest, I known nothing about the industry and was afraid to pull the trigger.

Companies like Disney, Boeing, or Apple, I am able to better understand and analyze. Maybe its just me, but there's just something about oil that seems hard to foresee.

Mainly based on history but that said I don't know what I am doing for the most part. I had a 40% profit in USO after owning it the first week but was too greedy to sell it and watched it fall to where it is now. Historically it's been double triple its current price for 5 years. I just don't see it staying low that long but again I am a noob.

[Nuckle]

Originally Posted by Poupon McArr

Thanks for coming to the casin...er stock market. Red or black?

You are correct! I went with black!

[Poupon McArr]

Originally Posted by Nuckle

Mainly based on history but that said I don't know what I am doing for the most part. I had a 40% profit in USO after owning it the first week but was too greedy to sell it and watched it fall to where it is now. Historically it's been double triple its current price for 5 years. I just don't see it staying low that long but again I am a noob.

History? Not to be rude, but over the last ~8 years its been going down pretty consistently

[Yugo]

Energy stocks - Exxon, Chevron, etc...very cheap now, thinking about picking up via a MF. Yes or No? What do y'all think?

[Nuckle]

Originally Posted by Poupon McArr

History? Not to be rude, but over the last ~8 years its been going down pretty consistently

Why would what you said be considered rude?

Seems pretty flat to me with exception of the pandemic and shutting down the entire country for the most part. I suppose it is dumb to think it will go up to at least $7-$8 per share once things open back up and things start rolling again? I am always interested in suggestions when I am trying to learn something.

[Poupon McArr]

Originally Posted by Nuckle

Why would what you said be considered rude?

Seems pretty flat to me with exception of the pandemic and shutting down the entire country for the most part. I suppose it is dumb to think it will go up to at least $7-$8 per share once things open back up and things start rolling again? I am always interested in suggestions when I am trying to learn something.

Hmm.. I think I had zoomed out further. But tbh I have no idea. My thinking would be to invest in a company that may use oil as their input and would benefit from it being cheaper.

[corn18]

Originally Posted by Poupon McArr

Hmm.. I think I had zoomed out further. But tbh I have no idea. My thinking would be to invest in a company that may use oil as their input and would benefit from it being cheaper.

Yeah, that chart would make me buy USO. Catch a falling knife.

[Bimmer Nerd]

Originally Posted by Yugo

Energy stocks - Exxon, Chevron, etc...very cheap now, thinking about picking up via a MF. Yes or No? What do y'all think?

Wait. It'll become cheaper.

[Littlebear]

I still have great expectations for SDGR, up 19.67% today.

https://f30.bimmerpost.com/forums/sh...8&postcount=20

Murf