OK what is the most ON SALE stuff you can find right now?

Discussion in 'Stocks' started by SoyUnGanador, Sep 23, 2022.

  1. Just nibbled on a little OXY, down bigly today. I'm sure this was a bad move LOL...
     
    #21     Sep 23, 2022
    comagnum likes this.
  2. schizo

    schizo

    Dude, go to Japan. YEN is so crushed, you'll get by for practically nothing.

    upload_2022-9-23_13-14-33.png
     
    #22     Sep 23, 2022

  3. I know you are teasing me. And I don't do currencies. But I know the Japanese market has been suppressed for years. And the Yen is tanking even more now? Time to buy into the Japanese equity markets perhaps? Slowly, over the long haul, of course.
     
    #23     Sep 23, 2022


  4. My friend Billy was married for 8 years and on my advice dumped her last month. His reason? Terrible value with resale value under 5 bucks like the Capital of Iceland during the 2008 crash

    He named the street he built after his wife. It was very apt, as she was cold, hard, cracked and only got ploughed around Christmas.
     
    #24     Sep 23, 2022
  5. MKTrader

    MKTrader

    Yeah, I was going to say to check your local liquidation stores, thrift stores and garage sales if you want bargains. Just don't turn into a hoarder!
     
    #25     Sep 24, 2022
  6. Handle123

    Handle123

    I suspect Yen will go lower, recent lows were on heavy volume, so am waiting for continuation.
     
    #26     Sep 24, 2022
  7. smallfil

    smallfil

    Oil is dropping although, I see a lot of manipulation involved. US has been selling oil to Europe and China, of all countries. Looking to see where it bottoms out and get back in. OPEC has already said they were cutting oil production. They will probably, cut a lot more output now. Russia will support OPEC because their interests are aligned and also, to hit back at the US and Europe. Higher oil prices will hurt most everyone. Doesn't matter what continent you live in. However, it affects US and Europe the most because they consume lots of oil and natural gas. US strategic oil reserves are probably, even lower now. Joe Biden has gone into it multiple times so far. The way I see it, he will go so far as to use up every last drop left. Then, it will be harder to manipulate oil prices. Add US shale oil producers to the mix as lower prices will make it hard for them to make monies so, that shale oil will stay underground while, prices are low.
     
    Last edited: Sep 24, 2022
    #27     Sep 24, 2022
  8. TrAndy2022

    TrAndy2022

    If you want to buy any (historical or realtime) data or software I would wait for the next Black Friday which is not far away from now. Then you get the best offers and discounts for the whole year (usually).
     
    #28     Sep 24, 2022
  9. REITs are a high-risk, moderate reward right now. Let's ignore the catastrophic lodging REITs... I want you to pay attention to office REITs. They are still on fire-sale right now and most likely will continue to sell off as the recession continues deeper. At least, over here in Canada.

    You can find Office reits over 10% for yield. The only problem, is a number of them are doing 'Capital Recycling'. If you don't know what that means, it's CEO talk for "Ok, we FUCKED UP, but it's ok, we're just recycling, we're not really selling our shit at a loss to cover debt we can't afford anymore'. lol

    There are a lot of Office REITs on the TSX, just filter out by high-yield units.

    Of course, it comes at a great risk, so go over those financial statements. But you can sure ping off a lot of excellent price-to-NAV discounts by going through the list.

    I imagine US REITs are suffering the same, if not worse fate right now. No rush though, I highly doubt the Feds ability to give American citizens a 'soft landing'. LOL!!

    So watch the risks, don't go loading up on what may turn into yet another REIT filing chapter 7 or 11 bankruptcy. Many are close...
     
    #29     Sep 24, 2022
  10. GotherL

    GotherL

    I can't tell what's worse that or ignoring your own advice 60 seconds later. Please tell me your not trading in a real account?
     
    Last edited: Sep 24, 2022
    #30     Sep 24, 2022