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re: It is time again to have the energy discussion
Posted on 2/14/20 at 10:23 am to bayoubengals88
Posted on 2/14/20 at 10:23 am to bayoubengals88
quote:
RDS-B is yielding over 7%
can't wait for stock to rebound so i can get the hell out
3
Posted on 2/14/20 at 12:54 pm to Chad504boy
quote:
XOM is yielding 6%
can't wait for stock to rebound so i can get the hell out
Posted on 2/14/20 at 1:01 pm to Chad504boy
I've been holding CVX and SLB during all of the energy slump too. I'm still barely in the green (+2.2%) on CVX as it's a long term position. Down 25% on SLB.
Posted on 2/17/20 at 6:36 pm to Chad504boy
quote:
can't wait for stock to rebound so i can get the hell out
Nothing wrong with selling in taxable accounts and having tax losses to offset profitable sales of other securities in taxable accounts. If it's all in retirement accounts, well, that shite might hurt. Thought everyone on here needed to sell some TSLA tax free.....
I'm still waiting to see the accurate math of the EVs time frame replacing traditional vehicles. Lenders will quit making 7 and 8 year car loans to the poors when defaults start happening on current loans in mass quantity so how will they buy all the new EVs in the next few years? Will truck nuts be viewed the same dangling from EVs with no rumbling exhaust?? At least RDS is continuing to buy back shares at current low prices, many management teams only like to buy back when shares are high priced.
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