That's very dangerous advice. No different than putting everything on a lock in sports. You can take a stand, but you have to know the point at which you will get out beforehand, should your prediction be wrong.no .. just a large ego..
i'm gonna give you some names and how many shares of each to equal 100 grand.
between now and the rx bash they will be up 15 % +
not saying on that weekend , but at some point in between.
Then you have the perfect mindset to learn how to read charts and trade options. MRO is a goldmine for puts and calls, and I see you're already familiar with it. Today was a perfect example.i didnt tell anyone to hold until mid august with no exception..
if i owned that basket and it went up 10 % in the next 6 or 8 weeks and i didnt see it going any higher , i would sell off.
i not really a buy and hold investor anyway .
i like to pick up the loose change on a minute by minute basis.
with 100,000 in cash?
If you didnt have to touch it.
LOL...
CVX 77.79 / 180
TSO 121.20 / 120
OIS 33.93 / 420
HERO 31.43 / 450
DO 85.60 / 160
MRO 101.55 / 140
EROC 23.47 / 600 ( Natural Gas play )
current price / shares
100K...play it safe...
Break it down to the 3 sector funds..You will have a good chance of doubling your money in the next 5 years..
Health Care Index
Precious Metals Index
Energy Index
I have averaged 20% return the last 5 years....It will continue to run.....