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Post by Freeborn on May 19, 2017 13:26:28 GMT -6
Trying to forget politics I am starting this thread to talk about economics and markets. Please keep politics out of this thread.
Maybe with this group we can post information where we can all make a buck.
Here is a good article on global economics. A couple positive take-aways:
1: Its a broad expansion with multiple regions of the globe showing signs of expansion 2: We are seeing top -line growth which has been missing for a long time. If we can get some decent top line growth most companies are lean and ready to leverage fixed costs. This means higher ROI and earnings.
www.bloomberg.com/news/articles/2017-05-19/the-global-economic-expansion-has-rarely-been-this-synchronized
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Post by badbrad on May 19, 2017 13:31:13 GMT -6
I'm far from an expert but it appears oil and gas is about to have a great couple of years profit wise.
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Post by Freeborn on May 19, 2017 13:47:41 GMT -6
I'm far from an expert but it appears oil and gas is about to have a great couple of years profit wise. I don't follow energy but global expansion will increase demand for petroleum products. There is allot of capacity though but demand should drive prices higher.
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Post by MoBuckChaser on May 19, 2017 15:38:06 GMT -6
I am terrible when it comes to buying and selling stocks. So what ever I say, do the opposite and you should be wealthy.
Remember when buying shares of stock, there are only so many released for each company. So if you are buying a stock thinking its going up, someone is selling thinking its going down. One of you is wrong!!!
Buying and selling land has been the best money maker I have ever done.
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Post by coop on May 19, 2017 16:40:47 GMT -6
The state of MN currently has an over-reaching law that requires all Condo developer(s) and/or the General Contractor to provide a 10 year warranty to every home owner. The law is an over-reaction to the condo conversion bullshit that took place in 2005, 06'. & 07'. There is currently a bill in the MN Senate changing this law such that Condo warranties will be the same as single family home warranties. The bill has bi-partisan support and will likely pass. It will then need to be ratified by Mark Dayton. Assuming all this happens (which it very likely will), this will be the beginning of the next Condo boom. A select few developers are already making very large speculative investments, trying to get ahead of the pack. Condos construction will boom for the next 4-5 years, eventually taking steam out of the apartment and single-family home markets. I expect the apartment market to start cooling off next year and single family homes in 2-3 years.
Hope this info is useful.
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Post by sd51555 on May 19, 2017 21:52:48 GMT -6
I fish a lot of news out of company earnings releases vs the news. Even financial news is a bunch of crap given who's sponsoring content and what not. Jim Cramer wrote about not trusting Chinese news when it came to their economy. Instead, he follows the news of American companies doing business in China to get a better idea of what's going on. Anyway, John Deere reported today and blew the roof off their stock with their results and raised outlook going forward. That makes this one, one of my best buys over the past few years. It took a couple years to catch, but it did, and did it big.
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Post by sd51555 on May 19, 2017 22:03:01 GMT -6
Remember when buying shares of stock, there are only so many released for each company. So if you are buying a stock thinking its going up, someone is selling thinking its going down. One of you is wrong!!! That's mostly the case. Sometimes there's other things to be had. My neighbor pointed me towards a Proshares index fund: SMDV Its a rules based fund (no human decision making, only rules carried out by computer). They create a fund that mirrors the Russel 2000 dividend raisers index. Only stocks that have raised their dividend for ten years straight qualify to be in this sub-index. Dividend raisers have been a near bullet proof wealth creator over time. What makes this one neat is that they are small cap stocks. Following these winners means they will eventually become medium-cap stocks as they grow. Then you run into other rules based index funds. Once these small caps grow into medium-cap size, they are automatically bought up by all the medium-cap index funds at Vangaard, Fidelity, and so forth. Because they are rules based, they have to buy them to maintain their mirroring of the index. So these companies get sent into hyperdrive once they hit that mark. I'm not saying buy this, I just put a toe in the water on it myself. We'll see...
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Post by sd51555 on May 23, 2017 8:28:44 GMT -6
For you pickers out there, take a look at Tractor Supply (TSCO). It's down 50% over the last year and I have a gut feeling that's tremendously oversold. I thought $65 would be their bottom, but today they're at $55. I've been picking up lots of shares at these levels. They're still in a classic growth phase. They're opening more stores. Those stores are successful. They continue to raise revenue and free cash flow. I think when they post their first surprise, it's gonna go wild.
Or I could be dead wrong...
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Post by Bwoods11 on May 23, 2017 19:57:13 GMT -6
I have made a bundle on SIRI
Sirius Satellite Radio... bought in at .25-.65 it's now $5. I still like it, 25 million users, might be more now. A target for buyout.
Just wish I would have bought twice as much
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Post by mnfish on May 23, 2017 20:46:03 GMT -6
I am diversified into all sectors but really like big oil.
CVX. A good, almost guaranteed, 4%-5% dividend and a lot of up side potential.
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Post by sd51555 on May 23, 2017 22:44:15 GMT -6
Absolutely. That's my main energy position. I have another turd I'll spare you from right now. But Chevron quickly became a top holding for me as it fell. It got scary in the $70s, but I hung on and it was good.
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Post by chummer16 on May 24, 2017 6:23:13 GMT -6
I invest heavy in health care funds. No matter what they do with health care I am certain the insurance companies will still be profitable. Their 10 year averages beat most if not all. I also figure somehow when I am paying so much for insurance some of it is coming back to me
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Post by daydreamer on May 24, 2017 6:42:09 GMT -6
I have made a bundle on SIRI Sirius Satellite Radio... bought in at .25-.65 it's now $5. I still like it, 25 million users, might be more now. A target for buyout. Just wish I would have bought twice as much Didn't I hear they are looking to take over Pandora??
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Post by sd51555 on May 24, 2017 6:57:34 GMT -6
I invest heavy in health care funds. No matter what they do with health care I am certain the insurance companies will still be profitable. Their 10 year averages beat most if not all. I also figure somehow when I am paying so much for insurance some of it is coming back to me I love healthcare stocks. I shy away from insurance and stick where the profit margin is relatively assured (barring patent expiration). My two med companies are Pfeizer (PFE) and Becton Dickinson (BDX). America is on drugs. That ain't going to change. PFE is a solid dividend raiser, and right now they're almost a 4% yield. Not a lot of volatility there either. BDX sells supplies and equipment. That stuff is always paid for. Also a solid dividend raiser, and they've come up nicely in the last couple years.
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Post by Foggy on May 24, 2017 7:04:18 GMT -6
I invest heavy in health care funds. No matter what they do with health care I am certain the insurance companies will still be profitable. Their 10 year averages beat most if not all. I also figure somehow when I am paying so much for insurance some of it is coming back to me I love healthcare stocks. I shy away from insurance and stick where the profit margin is relatively assured (barring patent expiration). My two med companies are Pfeizer (PFE) and Becton Dickinson (BDX). America is on drugs. That ain't going to change. PFE is a solid dividend raiser, and right now they're almost a 4% yield. Not a lot of volatility there either. BDX sells supplies and equipment. That stuff is always paid for. Also a solid dividend raiser, and they've come up nicely in the last couple years. I think most folks that have invested in health care have made some real money.....expecially good start up health care.....but even some of the more mature stocks if you buy em at the right price. Buying funds makes it easier.....let the fund manager make the decisions.
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