ESRwannabe
Full time employment: Posting here.
- Joined
- Mar 19, 2010
- Messages
- 889
So I've been watching the oil sector bloodbath and have decided that now would be a good time to start buying. This is based purely on a guess that things have already fallen so much that its too good to pass up now.
I'm specifically buying the AMLP mlp etf. Note that the expense ratio on this etf is misleading as the etf takes care of the taxes and actually functions like a company, distributing qualified dividends, i.e. no K-1s.
Right now AMLP is at the lowest prices it has been at in the entire history of the etf (about 5 years).
I've also recently started putting a little into REM which is an ishares etf for mortgage reits. Looking at the price history on it you can see it crashed hard starting in 2007 and has remained low ever since. I wish I had bought some REM a few years earlier.
I personally do not think we are going to see run away inflation and that any rate increases will be very minor and slow for years. IMHO we may look similar to Japan, although not as bad, for the next 10+ years.
I'm specifically buying the AMLP mlp etf. Note that the expense ratio on this etf is misleading as the etf takes care of the taxes and actually functions like a company, distributing qualified dividends, i.e. no K-1s.
Right now AMLP is at the lowest prices it has been at in the entire history of the etf (about 5 years).
I've also recently started putting a little into REM which is an ishares etf for mortgage reits. Looking at the price history on it you can see it crashed hard starting in 2007 and has remained low ever since. I wish I had bought some REM a few years earlier.
I personally do not think we are going to see run away inflation and that any rate increases will be very minor and slow for years. IMHO we may look similar to Japan, although not as bad, for the next 10+ years.