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And if you ever sell, the capital gains tax + depreciation ... ouch
My commercial property is a whole different story...sixty six ing percent increase in one year. And yeah, you can be damn sure I will protest.
And if you ever sell, the capital gains tax + depreciation ... ouch
Holy cow - what a day!
Direxion Daily Gold Miners Bull 3X ETF (NUGT) -NYSEArca Watchlist
99.90 Up 24.96(33.31%) - actually went over 100 but I didn't catch that.
On the down side - the reason for the rise - a mere 38,000 jobs in May - so probably no interest rate hike - so much for Obama's great economy (his speech day before yesterday)
Freaking loving it. I have been playing with an Australian stock that is a startup LNG exporter trying to get a plant in Louisiana off the ground. I started buying in a little at $1.25 and a little more at 60 cents as it dropped. It has been brutalized by shorters over the last year but I still believed in the companies basics. It hit 37 cents a couple of weeks ago and I said it...it's just too cheap and bought 20,000 shares...it's gone back to 85 cents in a few days LOL. Just paid for my Costa Rica fishing trip this fall...
One analyst just came out and predicted $12 a share in a year. I would just be tickled less with $5.
BTW, the stock is LNGLF if anyone else wants to climb on for the ride.
I love that ticker sign!
You playing NUGT, DMX7? If so, be careful - just as it can move up quickly - it can move down just as fast. Remember on Thursday it was in the 70s and in January it was in the teens. Sold 2 lots today at $113 - shoulda sold more.I love that ticker sign!
No, I'm not I just like the ticker name "NUGT". Great Pun!
hows everyone 401ks doing
I'm up about $1000 today.
Looks like I can't retire for a while.
Sell gold/miners - buy pretty much anything else especially financials/banks/internationals. Yeah for Brexit.
NC is lovely - mountains are beautiful, refreshing to me to see people praying over their meals (don't see that in Miami). Kids had wonderful time at Ridgecrest camp. Tennessee white river rafting is great.
I would avoid European banks for now, especially Deutshe.
Dow down 300 already
Ladder down. Remember the market had run up on the assumption of LEAVE. Friday probably got us back to before the runup. Buckle in for the wild ride. It's still not as bad as it was at the beginning of the year.
Sorry, on the assumption of REMAIN.
Last edited by rmt; 06-27-2016 at 06:54 PM.
Cashing out a few of my portfolios and buying up investment real estate. The stock market is a joke
FWIW, the oil ETFs would be pretty good value right now. The supply/demand has balanced much quicker than originally forecast and the fallout due to Brexit has been was oversold. IMO.
I hear OIL etf's factor in too many bad companies and thus limiting your upside possibilities. It's still going to be volatile for awhile imo... Def a safer play tho.
For sure. I don't like ETF personally. I'd rather just trade the futures. But I don't have the nuts to go long right now. Could wake up to oil being down a couple of dollars. I used to put in stops but anything close and I'd seem to get stopped out only to see the price reverse again. You almost have to sit in front of the computer and baby sit it.
Anyone have any muni bonds?
Here in California it's tax free for some
Good time to sell - markets at all-time highs.
Relatively speaking the US market is better than anywhere else in the world right now. With world interest rates at or near zero international investors are helping drive the US market looking for returns.
HOS up $1.05
Are they showing TD's press conference on NBATV? Where?
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