Originally posted by WRasco
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If y’all want a lottery ticket stock -CGXEF
Canadian oil company drilling a well off the coast of Guyana, surrounded by the big players. Should have results in the next 3-4 weeks. It’s already gone 3x in the last several weeks. Still has plenty of room to go. They also have the only deep water port coming online later this year plus additional wells planned. They will likely need to farm out to a big player at some point but that’s just more fuel to run. Could be a dud but at least it’s outperforming most of the market currently. Time will tell.
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Originally posted by HogHunter34 View PostCurious how many stock guys invest in higher dividend payout stocks for passive income?
Risky? REITS a better choice?
I'll clarify.....if you are looking at stocks that are paying in similar range to REITS. If you are looking at stocks that are paying dividends in the double digits, then yes, there is more risk associated with those.
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Originally posted by rtp View PostI own both types. Im no expert but I dont think one is more risky than the other.
I'll clarify.....if you are looking at stocks that are paying in similar range to REITS. If you are looking at stocks that are paying dividends in the double digits, then yes, there is more risk associated with those.
Is there a certain %payout you are aiming for?
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