Good Investments

[farmaholic]

Netflix in 2007 was start-up, now its over $200.

But was thinking, with Cdn oil battered and tattered, prolly those of us heavily dependent on fuelmight want to think about buying some quality Cdn oil like Suncor, Vermillion or Parex Resources for growth and possible upward draft - just hoping that the cloud over Western Canada evaporates some day. Seems like agood hedge to me. If oil up + natural gas up, then fuel and fert costs up, common sense might say shares would offset. Thinking out loud.

.....then maybe farming isn't such a good investment if you have to rely on stock market returns to offset increased input costs because of higher product related oil prices. We SHOULD be seeing massive savings now in fuel costs and fert because of "historical" natural gas prices. But instead are being ****en gouged.

[bucket]

Back in the mid 90s I read somewhere that investing in yourself is the best investment or something to the effect of do what you love and you will never work a day in your life...

I did that...Have a pretty nice farm worth more than I paid... not paid for ....and a great family....

Even though its work.....and I bitch....this is a great gig....and a pretty good investment so far...maybe not from a monetary view but I could be doing a lot worse....and I know that for a certainty...

[hobbyfrmr]

.....then maybe farming isn't such a good investment if you have to rely on stock market returns to offset increased input costs because of higher product related oil prices. We SHOULD be seeing massive savings now in fuel costs and fert because of "historical" natural gas prices. But instead are being ****en gouged.

Precisely.

[farmboy44]

Crescent Point is trading right around $5 today, hasnt been this low since 2003.

With a .03c/share MONTHLY dividend.. that is a dividend yield of around 7%.. insane.

It is likely that dividend gets lowered if prices stay the same.

Regardless, Even if its not a long term play, this looks like a good buy today.

[bucket]

What happens if the mandated production cuts the industry is looking for happens....wouldnt that impact earnings?


OR more likely....


Sounds like the industry in Alberta is trying a page out of the OPEC playbook....talk cuts until the market rises....

[sumdumguy]

I hear rumblings from Opec lately and at these prices, production will naturally decline. I like Cresent Point too. One can dream that a new government will blow this pipeline deadlock wide open.

Out of sheer interest, did you look at the charts on Netflix? Who’d of thunk it? - that bus is orbitting earth now 🚀 And it took off during the big crash!

[farmaholic]

Enbridge div yeild about 6% while it's stock price feels the oil industry's pain. And as it currently builds a multi billion dollar pipeline. Enbridge isn't an OilCo, they are in the business of transporting oil.

Input Capital div yeild about 4.7% as it dies a slow death.... but only felt by peripheral investors....probably not those in the "inner sanctum".

Edit in, maybe Netflix is one of those "recession PROOF" things....you know, indispensable to daily life, like food!

[farming101]

Edit in, maybe Netflix is one of those "recession PROOF" things....you know, indispensable to daily life, like food!

Ya, like General Electric.....

[bucket]

Netflix , imho, is just stay at home blockbuster video......Not saying they are going to disappear but they may price themselves out...

Its nice to be able to make popcorn and watch movie without spending a fortune getting to and into a theatre...

[Oliver88]

Can you investment guru’s elaborate on Vermillion and also Crescent Point?