The investment..speculation, out right gambling thread

Parent Cafe
10361

<p>LOL - here is another interesting article: <a href=“High school student scores $72M playing the stock market”>http://nypost.com/2014/12/14/stuyvesant-hs-student-nets-72m-on-the-stock-market/&lt;/a&gt;&lt;/p&gt;

10362

<p>Hmmmmm…we need more details. :)</p>

10363

<p>Oil futures are dropping like a rock again tonight.</p>

10364

<p>How much? </p>

<p>About 1 percent?</p>

10365

<p>right now it is down 1.26 percent - it was down more before</p>

10366

<p>Earlier it was down more than 2.5%</p>

10367

<p>Ok…thanks.</p>

10368

<p>I made my second “calculated” trade for the year. First was buying DBO the day before the OPEC meeting where I expected them to cut production, and today, taking the loss. Oil should be OK from now on … Did a whole lot better than the S&P today.
btw, did anyone buy Macadamia nut futures after the Korean Air drama - sales in Korea skyrocketed ;)</p>

10369

<p>You’re kidding right? Macadamia nut futures??? I’m thinking of buy xle leap call spreads</p>

10370

<p>DocT, given my trading record, yours is a legit question. Chances are it’ll do better than anything I’ve done for a while.</p>

<p><a href=“Macadamia Nut Sales Explode After a Korean Air Tantrum - The New York Times”>Macadamia Nut Sales Explode After a Korean Air Tantrum - The New York Times;

10371

<p>Kinda some big market moves lately!</p>

10372

<p>Macadamia nuts? Wow. :)</p>

10373

<p>I got in a big position of BP at sub 38. Went in a little too early but should be o.k. The main purpose is for the 6.5% dividend. </p>

<p>While my MO is doing great as the PPS keeps going up, the dividend rate is not as high. My goal is build a portfolio with these great stocks to get at least $20,000 a year from their dividends. </p>

<p>Did put in a buy order of SRDL at 10.50 but it went as low as 10.55. Evenso they has suspended all dividend, I think it will be back in the long run.</p>

<p>Buy in dip you’ all. </p>

10374

<p>20k/yr in dividends? How does a dirt poor person accomplish such a thing. Amazing. Seems to me one would have to have about 400k in these stocks.</p>

10375

<p>5% per year in dividends is pretty good. I really enjoyed the market the past few days, not so much the past few weeks though. :slight_smile: </p>

10376

<p>Is it a good time to buy gold and oil production stocks now?</p>

10377

<p>

</p>

<p>Any one who knows the answer to that question for sure will not be on this board. </p>

<p>Personally, I think the US $ is getting stronger so the gold and oil price will continue to drop. </p>

<p>

</p>

<p>Exactly, considering what the interest you could get from the bank, 5% is definitely good at this time. MO has been grow their dividends at 8 to 10% a year. That means doubling about every 7 years. </p>

<p>As I am getting closer to retirement age, my approach is building a solid portfolio with high dividend stocks to get stable incomes. </p>

10378

<p>anyone has any opinion on GoPro? Will it GoBro(ke) from here? To me this is a novelty camera business and would not last too long. </p>

10379

<p>Sitting on my hands… </p>

10380

<p>I have a lot of options expiring today. I’ll be going back to market weighted (with lots of protection) vs overweighted.</p>