Thread: LNG
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Old 03-31-2013, 01:03 PM
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I make oil I make oil is offline
Red Snapper
 
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I'm not looking to make quick cash with my investments. I'm looking long term. Buy and hold. LNG has a lot of things going for it and I like it. I've also done well with Ford, HAL and OII. FB was another good move for me as I discussed in another previous thread. I guess it's all about how you want to invest. I'm looking for long term. All of my investments are in a private account not an IRA or 401 I want to be able to get at my money any time I want without penalties. However, that takes away some of the tax advantages the other vehicels would provide. The way I work it allows me more flexability to move things around and not have the same tax burden others would face. Day trading and the associated capital gains tax just does not make sense to me. You have to have to much money tied up in trades which also increases your risk otherwise the returns don't make sense. Nope, not for me good luck to you guy's who do it. I make enough at my job, my investments are my retirement plan.
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