About tr6

tr6

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Registered Jul 29, 2011


tr6's most recent comments:

  • On Thu, 4 Feb 2016, 12:37am PST in I'm liquidating all my stocks and going to cash, tr6 said:

    reggie says

    Gold stocks are hot. I just made 10% today

    You must be the lucky one that waited to buy in the last six months. GDX is down 71% from five years ago.

  • On Tue, 2 Feb 2016, 9:18pm PST in I'm liquidating all my stocks and going to cash, tr6 said:

    man says

    XLE is trading at $55.33 with $3.39 ttm yield which gives 6.12% yearly dividend. I am tempted to buy it for my IRA. What negatives am I missing here?

    If oil stays at $30, the dividend on XLE will be closer to 1% in a year.

  • On Sun, 31 Jan 2016, 3:22pm PST in Why Young People Like Bernie Sanders, tr6 said:

    turtledove says

    The problem with this idea of sharing is that the people whom they tend to force this sharing upon aren't the rich. It's going to be the middle class (including upper, middle and lower). As it always has been. We're the easiest targets. We have enough money to go after, but no enough to defend ourselves. The rich have the ability to move their money and assets out of danger.

    This is what pretty much happened under Obama. The the middle class in the 30 to 50 demographic carries the burden of rising healthcare costs and rents. The people that benefited the most are those with assets - mostly over 50 or those without assets and with little income.

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