Looking for long term stocks to hold for my IRA that are sub $20 a share. Have been suggested the following: GE, F, OXY, NCLH, PLT, CPRI, PUGOY, MGM, APA. Please share thoughts or new suggestions.

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What is the reason for the price per share threshold, covered calls?

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Cheap doesn’t mean they’re good

But will add PCG.

You need a better list

BP, LUV, T, WFC to start, may not be sub 20 but close

helpful

I bought some USO. It was at 2.90ish for my purchase. My thinking was, “why not?” It has since dropped to like probably the 2.30s tomorrow. So, why not?

Bc USO is made up of oil future contracts. If oil today is worth SIGNIFICANTLY less than in the future (bc no demand, or ways to store it) when I sell my contract I lose money. That money is gone. Then that money is returned to a higher priced future contract. If that happens multiple times. You run out of money and the fund dissolves.

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Smile Direct Club.

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