Why we invest in the energy sector.
Click download link to listen on this device: Download Show
Of course, my friend!
Big Al
Mr. T Canada still has lots of opportunity if you stay 200 miles away from Toronto and buy on the great lakes in farming country. DT
The energy goes without saying! DT
Oh I don’t know, Machine Gun,
Toronto has a bit of opportunity! (Just be sure to separate the wheat from the chaff)
Big Al
Potash Tony looks pretty sound, Andrew
Just keep in mind Andrew that potash was trading profitably for 150 a ton as recently as 2008 and had been doing so for quite some time before it literally rocketed up to almost 900 dollars. Any real slowdown in the economy will feed through to falling potash prices which is gong to take a big bite out of bottom line profits of companies like Potash Corp.
Talking about diversification. I watched an interview with Jim Rogers.
He was talking about copper and the interviewer asked him if he owned any, Jim gives him a perplexed look and answers “of course I own copper, Im a billionaire I own everything”
Of course he does!
Unfortunately we are not all so fortunate. (Except probably Mr. Irish!)
Big Al
CYPRUS DEPOSITORS MONEY FLUSHED……..KWN……,,check it out…….
depositors are now stock owners of a bankrupt bank……………this is the other shoe to drop………….no bank account will be safe………THE NEW PLAN IS IN…..
The Plan to end all plans, huh In the Box!
Big Al
Jerry, surely you don’t have any money sitting in a bank account other than what you need to pay your monthly bills, I know I don’t. DT
DT…….I think they call that ….MAD MONEY……………….OOTB
Midstream MLPs have been very very good to me over the past 4 fours. Huge dividends, virtually impossible to short and the industry is starved for pipelines. You are right. Most MLPs or oil transports are not directly sensitive to commodity prices. When you are collecting 11% dividends from solid companies that are rapidly expanding, it doesn’t get much better than that. It deservers a close look by any investor.
This sector has been pretty good to me also, Jed.
All the best to my friend in Seward Park!
Big Al
Jed,
Can you divulge a couple MLPs to look at? Thanks.
AMLP is working for me 5.72% yield
Bobby,
Thanks so much!
EPD, KMP, LINE, GEL. I have positions in all these.
Jed,
Thank you for your input on my request.
All the best guys!
Marc
AL ….If i had money to invest…it would go into Energy….Food , (& farmland) , & water.
Without those Three things mankind would not exist.