I wouldn't invest in reits holding malls. In our metro area of 1.5 million people they have already closed 3 malls or converted them to free standing stores. The mall we have in downtown is losing tenants left and right. ARCP should weather this storm because of their free standing holdings.
After the 1929 crash the market went back down in 1936 but did not take out those lows of the late 20's. "Hang in there." The executioner told the prisoner.
Come on kids. It's time to admit we are in deflation. Big oil ain't going nowhere. Last time we saw deflation in the 1930's we bombed our 2 competitors (Germany and Japan) and got them off the field. Then through the 50's and 60's the world was ours. It ain't that way any more. The countries with better education and intact familes will eat our lunch!
With RTN rising on international sales it seems to me that some countries are gathering their tinker toys for something coming. Truman nuked Japan to save 50k American soldiers lives from an invasion, including my d
ad. I would not be alive but for Truman's decision. Bush should have nuked Iran and Afganistan on 9/12/01
Going down because the oil majors are spending more money to get less oil. The balance will be, with less oil prices for that oil will increase. Possible profits might increase.
I'm going to do the same thing. However I'm selling NCT before the record date of the distribution. I want no part of the spinoff co. They are selling for a reason. I will look at NCT again after the dust has settled.
Read the replys to my eariler post with somewhat the same question. One of them is a gem and will tell you most of the things in your question. Good luck.
Thanks for your reply it was very helpful to me. I've decided to sell before the record date. I don't want any business competing w/ the new giants of social media.
Thanks but no. Tulip bulb investments were all the rage a couple hundred years ago in Holland. They became worthless. Buffett don't own no dope. His partner calls bitcoins "rat poison". That's my tip for you.
Just go to Denver, smoke some legal dope and forget about making any money in this country, "It's the end of the world Mr. President," Joe Kennedy on the invasion of Poland in Sept. 1939.
Buffett bought IBM. How's that working out? Warren and Charlie Munger are in their 80's. Sometime you get so old you have to quit pressing the button.