I'm waiting to get some Energy Transfer stocks and it's heading upwards today already, what do you guys think? I put most of my money in the money market about a month ago
You could argue this is the no duh post of the day but it really is that simple but the average person tends to buy in the high and sell on the low because of fear.Petrino1 said:
Yes.
Buying when stocks are lower is better than buying when stocks are higher.
Bayou City said:
I've been buying ET under 16 and EPD under 28.5
I have so much ET, I bought $17 April puts for 7c as a hedge a week ago or two ago. Enough to represent every 100 shares I have. Closed them this morning. That worked out better than a couple years of dividends.Bayou City said:
I've been buying ET under 16 and EPD under 28.5
Is that similar to how you use daddy's money to pretend you're rich and important?Bayou City said:
Texags. Where any trade you've made, someone else has to tell you that theyve made one better.
You should write a bookPetrino1 said:
Yes.
Buying when stocks are lower is better than buying when stocks are higher.
10 shares for me, Broseph!YouBet said:
Just sittin over here gettin rich with my 9.227 shares of ET.
In your faces, lolpoors.
I probably have an unhealthy amount of ET stock, but I also worked there in a higher position for almost a decade and stock was a large part of my total comp. The dividends are nice and will allow for a comfortable retirement.NoahAg said:10 shares for me, Broseph!YouBet said:
Just sittin over here gettin rich with my 9.227 shares of ET.
In your faces, lolpoors.
Now I know how Warren Buffett feels...
Dirt 05 said:
The Case Shiller PE ratio is right around 32. In March 2009 it was 13. The average dating back to 1900 is ~18 with a median around 16. Historically it could still fall by half and be around historical average PE ratio.