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The Water Cooler
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What Is Cheap Right Now? Investment Wise...
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<blockquote data-quote="zghorner" data-source="post: 3127858" data-attributes="member: 35089"><p>I have spent this past week researching various things, mainly trading options which i have found to be very interesting. Anywho my constant searching has led me back to the question of "what should i buy now, to win later". And i think those of you who have suggested marijuana are onto something. It is an emerging industry that basically has no competition. It seems that many of the available ETFs and individual stocks have ran hard (upwards) at this point and have somewhat leveled out. I think taking a long position in almost any of them would eventually turn into a winner though.</p><p></p><p>What are your thoughts on big tobacco companies? I would have to assume that if MJ becomes legalized tobacco companies would be all over it? I noticed one ETF in particular [ETFMG: (MJ)] had a portion of its portfolio in tobacco and it got me to thinking...</p></blockquote><p></p>
[QUOTE="zghorner, post: 3127858, member: 35089"] I have spent this past week researching various things, mainly trading options which i have found to be very interesting. Anywho my constant searching has led me back to the question of "what should i buy now, to win later". And i think those of you who have suggested marijuana are onto something. It is an emerging industry that basically has no competition. It seems that many of the available ETFs and individual stocks have ran hard (upwards) at this point and have somewhat leveled out. I think taking a long position in almost any of them would eventually turn into a winner though. What are your thoughts on big tobacco companies? I would have to assume that if MJ becomes legalized tobacco companies would be all over it? I noticed one ETF in particular [ETFMG: (MJ)] had a portion of its portfolio in tobacco and it got me to thinking... [/QUOTE]
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