Investment ... stocks to buy?

ABMax24

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yeah he does like to keep the prices down but a major part of his platform is "drill baby, drill" and all about energy independence. and even if he try to keep costs down in the US he will also increase export. I cant see it not being a net positive outcome

According to the EIA the US was a net exporter of oil in 2023. They are also a net exporter of Natural gas.

Not saying he won't help oil companies, but I dont think it'll be to the same extent as in 2016.
 

Bnorth

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It has been a terrible week in the markets = buying opportunity.
 

beerwolf

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Might be a good time to look into Premier mining or maybe not:unsure:
 

Chump

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Honestly I'd buy gold before putting money Into stocks. The us $$ is on its way out
 

ABMax24

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Might be a good time to look into Premier mining or maybe not:unsure:

Intriguing, quite the price shock announcing they'll stop processing ore for 3-6 months. Not particularly enthused about being diluted down endlessly though. Seems they finance development by continuous issuing of shares.

Going to do more digging on them when I have more time.

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lilduke

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If you buy gold and you cant hold it in your hand, you dont own gold. Lol
 
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lilduke

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If you own stock, but you cant get the CEO on the phone with you, you are not an investor, you are a degenerate gambler. Lol
 

catrutt

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I sold Bedford metals just before it tanked.
 

j335

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Buy a diversified ETF to avoid stock picking game. XEQT is: 45% U.S. S&P stocks, 25% CAD stocks, 25% developed international stocks and 5% emerging market stocks. If you want some bonds go with XGRO which is 80% of the split above but 20% is bonds. XEQT was literally $23 2 years ago and now $32…

The other 15% of our investments is flipping oil stocks but in same 2 years alot of oil stocks have been flat but have 25% moves. Best success for me is chasing 5-10% gains on a couple oil stocks I follow but it’s easier said then done and be prepared to be holding from 1 week to 3 months…. MEG, CNQ, ARX, TOU are safer bets, CVE is an okay purchase here (might go down another 10%) but probably has 20% upside from now. Avoid BTE. Also be prepared for oil to hit $50’s and watching your investments down a ton, not fun, reason number one to have XEQT or XGRO.
 

lilduke

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Didnt know when to quit while he was a head
 

Bnorth

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What a dumb bastard. I'll say it again louder for those in the back: single stock picking is gambling.
 

jhurkot

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What a dumb bastard. I'll say it again louder for those in the back: single stock picking is gambling.
$88k to $415M is 4716x or 471600% gains. He was probably going for a billy. 3 commas.

 
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