CyberB0b
Village Idiot
- Messages
- 12,634
- Reaction score
- 14,101
What are you guys currently into? I have been able to do a lot of contracting work on the side, so I am buying up various stocks with the extra money. I am doing long term buy and hold investments. Not interested in day trading.
Tobacco
I bought some Reynolds Tobacco (RAI) stock back in July and am probably going to pick up some Altria (MO) stock, as well. I like stocks that pay dividends.
Gold/Silver
I've also been considering some gold or silver. I have never bought either one, but from what I can tell, you basically just buy coins or bullion and keep it secure. They're both trading really low right now, and will do well if the economy tanks again, which is seems like it will.
Energy/Oil
I recently picked up some Magellan Midstream Partners (MMP) stock. They own a large amount of the pipeline infrastructure in the USA, and just signed a deal with a Canadian company in a joint venture. This is a pretty risky segment right now, but with the prices being so low, I think it is a good time to buy and hold for the long term investor, like myself.
Tobacco
I bought some Reynolds Tobacco (RAI) stock back in July and am probably going to pick up some Altria (MO) stock, as well. I like stocks that pay dividends.
Gold/Silver
I've also been considering some gold or silver. I have never bought either one, but from what I can tell, you basically just buy coins or bullion and keep it secure. They're both trading really low right now, and will do well if the economy tanks again, which is seems like it will.
Energy/Oil
I recently picked up some Magellan Midstream Partners (MMP) stock. They own a large amount of the pipeline infrastructure in the USA, and just signed a deal with a Canadian company in a joint venture. This is a pretty risky segment right now, but with the prices being so low, I think it is a good time to buy and hold for the long term investor, like myself.