03-19-2014, 01:05 AM
Thanks DW!
I currently do own too much oil in my IRAs. So don't think I am against it.I mostly agree with you, that if there is any energy revolution, the big players will be the ones who take advantage of it. I am thinking about getting out of most of my Canadian oil and getting into PEP or JNJ. I have been a wild stock picker most of my investing career, but as I grow I see it is wasted effort mostly.
About MCD's land holdings. I assume that accounts for much of the debt on the balance sheets(mortgage debt)? Are they planning on leasing out the land to the owners once it is paid off? As I said, I have to do a bit more research here.
I currently do own too much oil in my IRAs. So don't think I am against it.I mostly agree with you, that if there is any energy revolution, the big players will be the ones who take advantage of it. I am thinking about getting out of most of my Canadian oil and getting into PEP or JNJ. I have been a wild stock picker most of my investing career, but as I grow I see it is wasted effort mostly.
About MCD's land holdings. I assume that accounts for much of the debt on the balance sheets(mortgage debt)? Are they planning on leasing out the land to the owners once it is paid off? As I said, I have to do a bit more research here.