Originally Posted by scho63:
This is the wild west scam of penny stocks. Market makers don't want to hold these so they have a very wide bid and asked to make tons of money.
You invest $2000 and it's instantly worth only $750.......no thanks! :-)
Originally Posted by Hog's Gone Fishin:
I just realized that if you buy one share of Berkshire Hathaway (BRK.A) you could easily make $1000 a day. Some days you may make $3-4000
The only challenge is ponying up for that one share. [Reply]
I bet there's big money in ponies. They're starter horses for people who don't know if they want a horse. If you look at the number of 11 year old girls in the world, that's huge demand. [Reply]
Originally Posted by Rain Man:
I bet there's big money in ponies. They're starter horses for people who don't know if they want a horse. If you look at the number of 11 year old girls in the world, that's huge demand.
Almost half the population was an 11-year old girl at one point.. damn good thinking! [Reply]
What's good depends on your goal. That list is dividend aristocrats. Companies that have increased their dividend for 25 years. Typically a good sign of a well run company with possibly a moat. They don't all necessary pay a large dividend if that's what you're after.
I think Rainman has talked a bit about REITs. They can pay big dividends but they're unqualified so I don't touch them in my taxable account. I keep to indexes in my retirement so I don't end up a homeless bum.
Utilities tend to have good dividend payouts and are pretty safe. It's a defensive sector. [Reply]