After all, the U.S. is in desperate need of repairs.
At the moment, America’s infrastructure is graded a C-, which is an improvement.
Unfortunately, according to the American Society of Civil Engineers (ASCE), “There is a water main break every two minutes and an estimated 6 billion gallons of treated water lost each day in the U.S., enough to fill over 9,000 swimming pools. Growing wear and tear on our nation's roads have left 43% of our public roadways in poor or mediocre condition, a number that has remained stagnant over the past several years.”
Worse, “There are more than 617,000 bridges across the United States. Currently, 42% of all bridges are at least 50 years old, and 46,154, or 7.5% of the nation’s bridges, are considered structurally deficient, meaning they are in “poor” condition. Unfortunately, 178 million trips are taken across these structurally deficient bridges every day.”
Underlying instruments are types of equities or financial “products”. As you have probably discovered, bookstore shelves are piled high with books that discuss a broad range of investing topics. Some of those books address just one feature of it. Here, I would like to focus on three types of underlying instruments to trade: Exchange Traded Funds, known as ETFs, Indexes, and Stocks. These will be the kinds of equities you will most likely choose to trade.
Exchange Traded Funds – ETFs
ETFs are described as a basket of stocks that are bought and sold as a package on an exchange, principally the AMEX, but also NYSE, CBOE and NASDAQ. In actuality, however, as a tool, ETFs offer more control and less risk than individual stocks. An ETF acts as a container of stocks from a number of companies, representing various industries within a sector held by the ETF. This distinguishes it from stocks from an individual company. So, an ETF is like buying a basket containing an orange, apple, grapes, kiwi and so forth. They’re different, but they’re all fruit.
Elite Wall Street trader, Joe Duffy, is allowing a limited group of future-elite investors into his masterful daily trades at thousands of dollars less than what others charge.
When you join today for $1, the first month you'll receive:
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The first profit opportunity is a stock purchase in TNP, or Tsakos Energy Navigation Ltd. TNP is a leading provider of international seaborne crude oil and petroleum product transportation services.
On the monthly chart, TNP weakened a bit last spring. It quickly strengthened and confirmed the current buy signal last July.
The daily chart shows that TNP has been in an overall bull trend since the chart started. This month’s pause gives us a buying opportunity. The TNP dividend yield is 2.41%.
We recommend buying TNP stock at the current price level.
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