Nothing More to Buy

I thought I’d go and get something. Logged on to Amazon.com and browsed the entire website and all categories. I couldn’t find anything I need or want, or don’t have. Except a watch. This was seriously disappointing. Shopping can no longer be enjoyable anymore!! :frowning:

How many people have run into this disappointment?

Re: Nothing More to Buy

Things are overvalued, Nawab sahab. Wait for a pullback - bound to occur sooner or later. Be ready with a shopping list.

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Do you have a Fire TV stick? I just got one last week and am very impressed.

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What is that

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a light saber is always handy and fun

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I have always something on my shopping list. Right now it’s 300 books, a skirt, and glitter booties.

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I still have a few things on my list

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i don’t have the FireTv stick. i bought Chromecast stick a while aho

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I want to get an aircraft. Piper or Cessna :-\ someday in couple of years i guess..

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Natural gas is a bargain these days. Two year low.of $3.144 per million British Thermal Units for January delivery on the New York Mercantile Exchange.

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hmm…thanks for the pointer. Gold or NG?

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yeah..I have that one too… I even have Roku stick…but fire TV is better

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Gold is down to 1173 from a peak of abt 1800 3 yrs ago. Gold was at abt 275 around 2002. So not sure if it is a bargain. It certainly is cheaper than it was 3 yrs ago. And 4.5 times the price from 12 yrs ago.

Whereas Nat gas is probably at the low end. Though I think it was at 2.7 3 yrs ago.

Since people need energy my vote.is for Nat gas as a value play for this shopping season.

So what is fire tv

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I’m really not a huge TV fan, i have reviewed the Roku and FireTV interface. Over all similar apps, similar channels, Media Center on FireTV is better and is overall faster, etc. But i thought there would be too much duplication, and redundancy if I bought anyone of these set-top-boxes IP TVs. Chrome cast for $35 does the job well for me.

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Good suggestion. I’m definitely going to be keeping my eye out on natural gas.

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Jokes aside I don’t play commodity futures. The one way to take advantage of low Nat gas prices is to look at energy companies that are in Nat gas exploration and production. And buy those who stock has gone down a lot. IFF they have strong balance sheet. I don’t follow that sector.

ExxonMobil in 2007 paid an arm and a leg for I think XTO which was a Nat gas producer. With Nat gas prices falling thru the floor the investment was ill timed. About a year ago XOM was available for 87 per share. It was down from about 100 plus. Now it is 94. So that was the only play I know. Of course XOM. Is an oil E and P (upstream) and refiner (downstream) so well diversified

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Start upgrading your old stuff now. New car, new home , new iPad, new iPhone, new TV , new coffee maker, new crockery , new cutlery new furniture, new books , new movies, new shoes, new dresses, coats , jackets. When it comes to spending your hard earned money there is no limit to it.

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why not go with index funds that are energy-heavy? for eg. VANEX, GASFX etc

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Hey Southie,

to be honest, I am holding off on playing the “market investment game” because I need to ensure I engage in halal transactions only. I am trying to educate myself and developing a better understanding to be able to make better decisions. There is too much speculation and time-based usurous valuation of money in classical financial theory. I do not want to contribute even 0.0000001% to an unfair monetarism. Thats just me.

I understand that Stock shares are a far better bet in comparison to hedge fund investment, but even the share valuations are based on CAPM risk-free interest rate model. But I agree, energy and food, and pharmaceuticals are excellent choices.

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Hu

That is a great point. Not for me though. And here is why.

Energy encompasses a wide area - oil production companies (upstream), oil refiners (downstream), the integrated companies such as XOM tot bp etc that do both, the oil field services companies that provide equipment and do the actual work such as Schlumberger Halliburton and Baker Hughes, small oil companies that do shale oil (I hear these guys have poor balance sheet), the Nat gas producers (is that the right term?), wind energy, PV energy, nuclear, energy storage, hydroelectric.

So one would have to dig under the hood to determine the holdings of these etfs.

Those who do their homework can get high quality companies with excellent balance sheet at bargain prices (TOT RDS.A were available at 6.2 pct yield 2 weeks ago).

But for those who know what these etfs hold that may be the way to go.

There are lots of small players with poor balance sheet who would go down under if oil prices stay low. Of course u can look at their bond rating. Or just study their balance sheet yourself to stay away from those deep in debt