I keep my account at $30,000 or so and withdraw all gains above that to spend on... not sure what. $30K is not enough capital to thetagang with (although I never buy shares, I just sell CSPs and when I do end up owning them, I sell CCs). But that's netted me maybe $400 in earning plays over the last couple of months (SLB, fuck you; ELF, wish I'd held on longer), and it doesn't seem worthwhile for a small account.
Nice! I think I got in to xom at around low 50s!
I do like the shel bet honestly, even if it trades sideways there is a healthy dividend.
I also have held on to a bit of ET - think I am up 50% but it is such a small% of my portfolio that I am willing to just ride.
Edit: Going to have to look more at PAA - that could be a very smart play.
Ahhh that would be Equinor! ADR ticker EQNR.
Yeah, no thanks on the EQNR front! My largest oil holdings at the moment are CVX, SHEL, ET, PAA, EPD, TTE, BP, SU (from largest to smallest)
I previously held a decent amount of XOM (Bought in the low $30s and sold over $110.
No, Tim Apple said China's a problem. Supply's a problem. We're moving out.
He then said - We've already started making stuff in India, and he's bullish' on India.
See, he identified a problem, came up with a solution and told the market he's working on it. That's what a good CEO does.
Intel - We fucked up guys, this is the bottom.
Micron - this year is bad, we don't see any way for memory to grow in the near term.
AMD - Su bae danced around guidance.
No layoffs when every other company is culling the herd.
Everyone else - We don't know. Shit is bad, could get worse.
Of course this means nothing. Apple is up because of fomo, but Tim Apple is doing a decent job.
high risk - AMZN (might keep dropping)
medium risk - GOOG (still pretty cheap imo)
low risk - XOM, CVX
You didn't say how much time you want the money locked in and so on, so this is the best advice i could give