Place to park funds

Discussion in 'Trading' started by misterkel, Jul 6, 2017.

  1. Handle123

    Handle123


    http://finviz.com/screener.ashx

    Find decent stocks that offer higher than 10% dividends, take for instance SUN, Sunoco
    http://finviz.com/quote.ashx?t=SUN
    which is energy stock, as stock price declines, the dividend percentage will go up cause stock price goes down. No one knows when crude oil will stop going down, so take 10% of account and dollar cost average of like 2.5% into buying a stock that presents itself to higher percentage dividends, if stock goes down.

    Trendline trading has been used for over hundred years, get a chart book on learning the basics of trend lines.
     
    #21     Jul 8, 2017
    ironchef likes this.
  2. MarkBrown

    MarkBrown

    guns and ammo
     
    #22     Jul 8, 2017
  3. zdreg

    zdreg

    most likely the dividends will be cut or eliminated.
     
    #23     Jul 8, 2017
  4. comagnum

    comagnum

    Find decent stocks that offer higher than 10% dividends, take for instance SUN, Sunoco

    That is one nice looking chart - looks like it's on the verge of trying to break out of a massive H & S bottom - thanks for turning me on to SUN.
     
    #24     Jul 8, 2017
  5. Handle123

    Handle123

    Knowing you been trading long time, since Sunoco is in the selling at the pump business, does earnings change regardless if gasoline costs 1.89 gallon(this morning in El Paso) or $4 bucks? Don't they sell about the same amount each year and have a set fee by the gallon? I often thought of them like a utility company, same amount and always open. Still cheaper to take the car to go to Granny's for dinner or work for most people.

    I once took busses to other side of the city, girlfriend said it be fun and dumped her after the trip, which was like 22 miles, El Paso is huge in terms of mileage, but there is a mountain in middle of it, 3 hours and four buses later! I can see why Uber taking off.
     
    #25     Jul 9, 2017
  6. Bitcoin duh
     
    #26     Jul 9, 2017