I work in telecom, and working on Nortel products was my bread and butter for several years. Never thought they wouldn't make it back then.
That's a realm I don't understand; too many legal details! I hear the US real estate market has made a comeback.
Yes its made a good comeback, prices are up some but not crazy. Demand has really jumped up and the rental market is really hot in our area. Real estate is my job so Im in it every day and come across great deals every once in a while. Plus being in this market opens a lot of doors to investors looking for people to invest with so I am happy to be there for that.
I like low cost index funds, like Vanguard 500. I have an IRA with T Rowe price and it's in a fund that becomes more conservative the closer to retirement I get. I don't have to do anything, the costs are low and so far it has done very well. I own a fund (non retirement) and it does well, but I have to pay a lot of taxes on it. It pays a lot of capital gains. I would Ike to get more stocks that pay a dividend. I do like to be diversified.
I have a T Rowe Price 2015 fund and really like it. Low cost, auto contributions once a month, and it has done as well as any other account.
Its my understanding that you can set that account up when you retire to pay you a certain amount ie. 4% year in monthly payments.
My investments are all in high dividend yielding etf's.....my one spec play is clne and that is all I invest/gamble on.
Just checked CLNE on FreeStockCharts.com . CLNE is a nice play for swing trading. It trades almost predictably between $12 and $14. I'll have to keep a watch on that one.
I have traded part of my position in that range that you spoke of. I like the long term potential of the company so I don't trade away all my position.
Other than my company's 401k , both the wife and I have roth's and taxable accounts with a discount broker. I manage both my and her accounts, its a full time job. On the taxable accounts i have a combination of index funds, etfs and dividend paying stocks. Her roth is mainly index funds however my roth i tinker with all the time. Lately I have had great success with aggressive growth stocks and have been following a combination of the IBD and bill gunderson methodology. This current market lends itself for domestic small caps, mainly biotecs, pharmaceuticals and tech; though energy exploration stocks are doing well over the last month.
Steve, if you like CLNE, look at NYLD. Its a recent IPO in the energy sector, probably not a day trader security but its had a nice move since its ipo. No current position.
Hey Jack, I see alot of familiar faces. Im liking this place alot. So much that I've yet to cross the street. LOL>
Looks like it has potential, though the buyers have tapered off their spree. I will add it to my potential watch list. If you get a chance, look at AMW.V and FCU.V Both are junior uranium explorers that have a joint partnership on a plot of land (Patterson Lake South) that could potentially rival the Cigar Lake deposit that Cameco is extracting. They continually find more high grade deposits practically everywhere they test drill. Oddly enough though, the share price often goes down after a good news release. PS, I bought in at .45
