RE: Oil back above the 200 day moving average17 Sep 2020 17:10
Toothache, interesting you saying that you're investing to get a return... AMD does not pay a dividend, and NVDA's divided is derisory ($0.64) per share, so you're gambling on the share price. In the long term, yes, you've probably done well with AMD and NVDA, but if you'd invested in the last month, you'd be down in BOTH cases. You're still convinced that both are good investments - well that's your call. But you can probably afford the last month of losses because you'll still be up. But at what point would you get out? Likewise with TLW. I'm personally down 35% on Tullow. It's not the only share that I'm down on. But in the long term (20 years), oil will still be a commodity that is needed, and it's a depleting supply. I'm not a fan of oil, nor am I a world economist but I can see that oil will still be needed in the short and medium term. Is TLW share price going to go up or down, not for me to say. But your assertion that you'd invest in AMD and NVDA as quazi 'bankable' shares to guarantee returns is your own speculation and opinion. Nothing more. AMZN and AAPL are shares in the same boat as NVDA. Are they generally bankable? Not for me to say. But do they have potential to give a multiple return in the next year? Well that's less likely. But I'm not an expert. I'm DEFINITELY NOT GIVING ADVICE TO ANYONE. DO YOUR OWN RESEARCH.
If I was giving advice: borrow words from Baz Luhrman's song... Wear Sunscreen!