RE:RE:RE:RE:RE:RE:WOW,OILAhh, the old guy trip down memory lane. My first mortgage was also around 12% and I had a second on top of it because back in the day a first mortgage was limited to 75% of the purchase price and I only had 15% saved up. My second mortgage was at 18% ! Yikes! BUT, the house cost me 81000. I don't know how kids starting out can afford to buy anything. Only owning one or two small cap oil stocks and jumping around trying to nail the top performer never worked for me. There's always one doing better eh! So get your little basket and enjoy as each of them has their day in the sun works for me. GLTA
Moemoney42 wrote: Wish you luck but I'll take 6% a day any day.. LOL.. My first mortgage was 12.75% and at the time it was the best rate.. LOL.. oh the good ol days.. savings accounts were paying double digits.. can you imagine that now a days..!! 2020oilgamble wrote: Actually needing to 'pick and choose' a little. I own 0.1% of a company (nows that for fun math), and its on hold since Jan, and continued to be on hold pending a bunch of placement, consolidation and acquisition stuff.
So, 6% isn't enough return - how funny is that ;)
I grew up when 6% was a yearly return (except in the early 80's of course)....
But it is on my screen watchlist,
If I buy it'll show up in my profile
Cheers!!
Moemoney42 wrote: Stock has seemed to stall here... did you get any CREW, 2020.. she's up over 6% this AM.. ;-) 2020oilgamble wrote: Agreed yes - the same traders that took WTI negative in April
Nothing but pain to them all is ok with me
bosstrade wrote: Asia, China, India and US have all kept low for their economies. OPEC has signaled they want their economies to bolster for a period if time.
They are trying to take down the traders in these countries. So there will be wild swings.