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Whats your favorite stock right now

12,411 Views | 108 Replies | Last: 11 mo ago by RightWingConspirator
BigJim49 AustinNowDallas
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RightWingConspirator said:

BigJim,

What's the catch? I'm seeing the SJT is paying out a dividend yield of 26 percent. For and $8.00 stock, what's the catch? What is the risk to these trusts? That oil falls? Your help is much appreciated.
I've tried to find out but so far i cant find the reason. Had it over a year. Don't remember why I got it.

I just collect the royalties and spend them!

As for the rest, it all depends on oil price and production. West Texas and the Permian Basin are the best

for drilling. That and the continuing oil price is why Buffet made a multi billion investment in oil! Buffet beleives

the price will stay at current levels or rise over time. As do I.

I bought a royalty in 1965 and am still getting monthly checks = 50 plus years-and the daily production

is not over 3 barrels!

Thanks for your interest. Let me know if you invest in royalties and how you do!

RightWingConspirator
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Which of those companies you posted do you like best?
BigJim49 AustinNowDallas
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KRP has unbeleiveable assets. Just bought another company and paid over a hundred million.

This hasn't showed up yet in income.

Why the stock price doesn't rise is beyond me.

Otherwise, SBR looks good!
RightWingConspirator
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Dipped my toe into SJT. Figured a 26 percent div yield was worth a small position.
 
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