Question Is 2020 the beginning of the end of the world?

[OG_funguy]

XOM is looking attractive at this point.

Its paying a 7.8% dividend and is seen as moving northward once the economy reopens.

That high a dividend, plus the fact that XOM has a good track record of raising the dividend rate each year, means in 5 years time, it could be double what it is today and you also might be getting over 10% back just in dividends.

If you want something safe for the long term, a company with a massive dividend like XOM is worth looking at.

You usually have to pay tax to the U.S. govt and the CAD govt when you buy a stock like XOM, but nothing is perfect.

Thanks Warren.

 

[snoopdoggie]

Wait one week and then start to invest heavily in the stock market.

Apple has pulled back 15% and when Coronavirus fizzles out, the stock market is going to take off. If you invest in the next little while, you can probably achieve a 30% return in the next 24 months.

It would have been better to invest in late March when everything was at rock bottom. Everything is starting to go back up. But, I don't think it's too late yet.

 

[snoopdoggie]

There's been several places mentioned here (mostly in Scarborough) where you can go for a quick $20 hj. I know of one place firsthand but never did it.

Ha ha ha ha. First hand. Pun intended?

 

[snoopdoggie]

I agree 80s was not perfect but we learned and managed to co-exist with 60s and 70s with much respect! It is like what you said..."it did get people moving and thinking towards solutions"...

Today we see lots of divisiveness resulting to hatreds.

No decade is perfect. But I believe the 1980's had to be the best decade in human history. It was definitely a cake walk compared to today. Anyone who wanted to work back then, could get a job fairly easily. Lots of high paying jobs too. Not like today, when most of the jobs available are at minimum wage. The automobile industry was at it's peak, and all it's parts plants supporting it. No major wars, no major terrorist attacks, no mass shootings like today. No major takeovers and buyouts like what's going on today. Back then, we had Sears, Zellers, Woolco, K-Mart, Sunoco, BP. Those companies are all gone now. Canada Trust and TD were 2 separate companies. Back then, we had many Trust companies, they were on every street corner. Eventually, they got swallowed up by the big banks. I haven't even scratched the surface. Even the music playing on the radio was better in the 80's. The best movies were made in the 1980's. That was the best decade by far.

 

[hangul99]

It would have been better to invest in late March when everything was at rock bottom. Everything is starting to go back up. But, I don't think it's too late yet.

There will be another dip.

 

[OG_funguy]

No decade is perfect. But I believe the 1980's had to be the best decade in human history. It was definitely a cake walk compared to today. Anyone who wanted to work back then, could get a job fairly easily. Lots of high paying jobs too. Not like today, when most of the jobs available are at minimum wage. The automobile industry was at it's peak, and all it's parts plants supporting it. No major wars, no major terrorist attacks, no mass shootings like today. No major takeovers and buyouts like what's going on today. Back then, we had Sears, Zellers, Woolco, K-Mart, Sunoco, BP. Those companies are all gone now. Canada Trust and TD were 2 separate companies. Back then, we had many Trust companies, they were on every street corner. Eventually, they got swallowed up by the big banks. I haven't even scratched the surface. Even the music playing on the radio was better in the 80's. The best movies were made in the 1980's. That was the best decade by far.

80's was good...definitely like the music during this time...but no internet though.

 

[hangul99]

80's was good...definitely like the music during this time...but no internet though.

I didn't mind not having the internet. The internet has complicated our lives as much as its made it easier.

 

[admin]

you should consider QBTC.U on TSX been buying it since it got listed last month

 

[UsefulIdiot]

Considering the societal changes that are afoot perhaps 2020 is the start of a new world.

 

[Jumpin’ Jack Flash]

going for another block of BRK-B shares right now - buy low - sell high - good luck gents

Warren won’t split the A Shares. $271k/share

 

[Jumpin’ Jack Flash]

I think he's up to something. selling off non performing - more liquidity - his Kraft stock is bunk - luckily I got out of that - Unless Kraft makes a huge turn around!! I remember him talking about that stock back in March and and how he was happy to hold on to it for the next 5 years - had thoughts about Levis and Canada Goose, Goose may still be on the table..... I like their China aspect..

He dumped quite a bit of airline stock once this covid happened. He loaded up in IBM then dumped it at a loss. So we can’t always just follow some of his moves but diversifying as he does should be ok.

 

[Jumpin’ Jack Flash]

I missed the boat at 160 for brk but got at 175 - sold the the day it went to 200. bought 100 more at 179 this week - if you see 205-210 let me know thanks- looking at movers and shakers right now - trying to keep my eye on toO many things... ughhhh - but his method is tried and true - we are in new times but I'm following old school rules - buy low and sell higher - watching P/E ratios with judgement

Best to limit your watch list to 10 stocks
A relative of mine was riding AAPL in 2000. He’d buy at $10. Sell at $20. Well last time it went to $20 you can just see
What happened. I thought he was a genius back then lol

 

[Jumpin’ Jack Flash]

I believe Apple price is due for a surge once this kaos is over. I’m looking into 5G plays. Tons of growth there.

 

[Nrsytd]

Don't forget about Moderma. On they're 3rd stage of a Covid vaccine.
But I just started doing this so wouldn't sell your house on my advice.

 

[hangul99]

I think he's up to something. selling off non performing - more liquidity - his Kraft stock is bunk - luckily I got out of that - Unless Kraft makes a huge turn around!! I remember him talking about that stock back in March and and how he was happy to hold on to it for the next 5 years - had thoughts about Levis and Canada Goose, Goose may still be on the table..... I like their China aspect..

With all the unemployment Kraft stock will increase from sales of KD alone. Lol!

 

[krayjee]

last year I had an interest when I head buffet talking. Then I watched and it kept falling - I missed the March fall and and stupid me, could have bought a block at low cost - now its up 13-15 bucks... ughhh

i bought some WTI crude at 22 bucks but i was a bit scared so I didn't buy enough shares. So far I am doing okay. They are doing in their low 30s lately. My CIBC and TD is doing fine too.

 

[krayjee]

Last year June there was a big buzz about Appl and an AR product they were coming out with - some sort of eye wear or head piece. I woulds like to get in the companies that would be making the components. Motley Fool came out with a big hoopla about this and wanted 700 bucks for them to share details. I took a pass.
So have been doing research along those lines lately - I don't have any mutual funds at present. Just a little day trader deal here and there but mostly long term stuff.
Trying to look forward and see the next wave coming...

one fave tells me not buy anything. That theory was left in the dust since March

My son was against me in buying WTI, that's why I bought only a few shares. Otherwise I will be dancing with lots of hobby funds. I bought some TD at 56 bucks and doing fine.

 

[ppc]

I saw so many tips now instead of massage reviews. Good jobs guys

 

[snoopdoggie]

last year I had an interest when I head buffet talking. Then I watched and it kept falling - I missed the March fall and and stupid me, could have bought a block at low cost - now its up 13-15 bucks... ughhh

Wait until the election in November. If Trump loses, they'll be another big buying opportunity.