I made money in the last three years on
tobacco and liquor stocks. My Dad would always say, in a recession those are two items people will buy. Apparently so. After my nervous broker bought what I told her, and I made $ while others were losing, she bought the same ones I bought and is happier than a clam. Needed my profits for my move to TV, so I haven't looked at them recently, but I'm not complaining, just sayin! If I had a money tree in back, today I would be buying company's in TX and OK working on
fracting in the old wells for gas and minerals (drilling sideways in the old oil fields). I inherited partial leases in some of these and I am seeing the small amounts increase substantially in dividents from company's drilling in these wells using this new process, like Hess and Occidental Permian as an example. Good to research Fracting.
Trust me, I am a neophyte with stocks, and probably no one to listen to, however I have done very well in a relatively short time in a bad economy.
Look, I'm here in TV thanks to them. Generally I don't risk...but as the economy tanked three years ago, I moved money from some of the Fortune
500's (all inherited) and made some subjective judgments based on my
Father's words. Just lucky for once. I will hold the portions of the leases in
the old wells tho...that looks to be an energy component made in the USA.
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