HomeHome  CalendarCalendar  FAQFAQ  SearchSearch  MemberlistMemberlist  UsergroupsUsergroups  RegisterRegister  Log inLog in  

Share | 
 

 Global Recession

Go down 
AuthorMessage
pup

avatar

Posts : 1429
Join date : 2013-02-28
Age : 50
Location : Allen TX

PostSubject: Global Recession   January 12th 2016, 3:23 pm

Back to top Go down
View user profile
TheQuig

avatar

Posts : 1773
Join date : 2013-02-28
Age : 65
Location : The Jersey Shore

PostSubject: Re: Global Recession   January 12th 2016, 4:34 pm

....And just when they say we are finally coming out of it!

____________________________________
Don't believe everything you read on the internet- George Washington.
Back to top Go down
View user profile
Diseasel



Posts : 1215
Join date : 2013-02-28
Location : Scottsdale, AZ

PostSubject: Re: Global Recession   January 13th 2016, 4:29 pm

It's hard to see how things will turn around but it doesn't look good for 2016 and maybe even a couple of years out. We're mostly in cash and we made some changes to my mother in law's accounts.
Back to top Go down
View user profile
TheQuig

avatar

Posts : 1773
Join date : 2013-02-28
Age : 65
Location : The Jersey Shore

PostSubject: Re: Global Recession   January 13th 2016, 7:22 pm

I've been trying to get my wife to cash in on our Con Ed stock while it is still high. Put the cash in the safe deposit box and buy the stocks back in a few months.

____________________________________
Don't believe everything you read on the internet- George Washington.
Back to top Go down
View user profile
Diseasel



Posts : 1215
Join date : 2013-02-28
Location : Scottsdale, AZ

PostSubject: Re: Global Recession   January 14th 2016, 1:29 am

ED is looking good - has a 3.9% annual dividend.

Some say to stay in US-centric industries like utilities, cell providers (verizon), drug stores (WalgreensBoots and CVS) since they are defensive, prices are fairly stable, aren't as sensitive to global issues, and the dividends are stable too. On the down side, utilities usually don't do well when interest rates rise but maybe the US will experience a slowing, low interest rate economy like Japan.

I'm doing some covered calls in these types of stocks. Even if the price drops I'm lowering my initial cost (basis) by collecting the monthly call premium and quarterly stock dividend.
Back to top Go down
View user profile
TheQuig

avatar

Posts : 1773
Join date : 2013-02-28
Age : 65
Location : The Jersey Shore

PostSubject: Re: Global Recession   January 14th 2016, 9:42 pm

ED is good for the dividends that's why she is hesitant. We get close to $2K a year with them.

____________________________________
Don't believe everything you read on the internet- George Washington.
Back to top Go down
View user profile
Sponsored content




PostSubject: Re: Global Recession   

Back to top Go down
 
Global Recession
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: General Topics :: Around the Keg-O-Rator-
Jump to: