I will stay with my HTE BTE PWE and enjoy the 15% dividend payouts each month.
Plus I am up 15% on the capital side.Beats the heck out of Kroger and walmart.
Posted 9:49 AM EST April 18, 2008
Posted by: mkatz2m
Every stock mentioned in this article appears to high for the times. I really prefer buying financial stocks which are trading near all time lows. You have to be careful though and try and figure out if they may go bankrupt before you buy. I have been buying investments such as AINV and PHY which are safer since these type of investments own or invest in so many different companies that if a few went bankrupt, you would still be OK. For mad money, might buy MCGC at the current price.
Posted 7:19 AM EST April 18, 2008
Posted by: hayekcapitalist
If either Dem wins the Presidential election, coupled with a Democratic majority in Congress, health-care will be a mine field not a safe haven. Everyday shopping for 'everyman' best of breed is Wal Mart not Kroger. The time to get defensive was 9 to 12 months ago, not now. Stocks have already baked in the bad news and appropriately discounted the domsday scenarios bandied by the no-nothing press. You should be buying equities that do well coming out of a downturn.
Plus I am up 15% on the capital side.Beats the heck out of Kroger and walmart.