/biz/ - Business & Finance

>>56115464
I own RIG - stock has doubled in past few years.
I own XOM - Exxon Mobil - yield is fucking lower than my AMEX high yield savings account. Like WTF?
CVX - thinking about buying $50K of this as they seem to be the most aggressive major but again the yield is low and if there is a major recession then oil will go down.
OXY - Buffet owns 7% of the company so why not.
I like oil and gas right now everyone is bullish so I think i will just sit on the sidelines and watch a little longer.
Also I own a bunch of Energy Transfer Partners (ET) which is pretty good.
Fuck I love oil and gas.
Fuck the windmill faggots.

>>53671405
Right now isn’t a bad entry. We’re still down like 80 percent from all time highs. But noticing the patterns from the past few months, and visiting new all time lows, I think I can gauge where this coin crab region is. (.04 - .05). Regardless, this coin is undervalued and the team is staying committed.

>>53429971
>>53430000
>>53430035
>>53430061
>t. Fucking faggots like invest in ICP and ADA LMFAOOO

>>53170162
>>53170172
>> 53170243
>> 53170254
but tell me how you really feel.

>>52928924
fuck dude, I can't even handle FX trading with Russian hookers and you expect me to go out on leverage and trade FX with banker whores?
you must be a banker whore because no one else would try to trick me like that.

>>50139500
yes. i was greedy. full price offer in January with a 2 week close the first day i listed the properties. i thought we had at least another year of good times. also, i didn't want to pay capital gains tax because I was thinking "oh, I can wait, get a price increase AND find someone to do a 1031 exchange with".
so, I think there were tens of thousands of property owners just like me in Jan/Feb and we are all now seeing the error of our ways.
hence, you are going to see the number of listings skyrocket.
fuck, if i had sold I would already be in Europe chasing cheap Ukrainian hookers.

Real estate fag here.
Yes, the bubble has burst.
I bailed on a home purchase in February when the war started.
Ok, so here's what's happening:
1. In addition to higher rates, non-bank mortgage companies are starting to fold
First Guaranty Mortgage files for Chapter 11 after layoffs
https://www.reuters.com/legal/litigation/first-guaranty-mortgage-files-chapter-11-after-layoffs-2022-06-30/
2. Big banks reducing mortgage exposure
There's more pain to come for Wells Fargo's mortgage business. Here are the 4 main factors driving CEO Charlie Scharf's retreat from home lending.
https://www.businessinsider.com/wall-street-analysts-rough-road-ahead-wells-fargo-mortgage-business-2022-6
3. US Treasury Unwinding MBS supporting
https://www.marketwatch.com/story/liquidity-is-vanishing-in-this-pivotal-corner-of-u-s-housing-finance-market-as-the-fed-steps-back-11655242219
THIS MEANS LESS LIQUIDITY
Less liquidity means lending requirements become more extreme. Cash buyers will be OK but poor fags? Not so much.