MJ Kim/Getty Images Frugality is a great thing. It can pave the way to financial freedom, security and even wealth. But it can also pave the way to madness, if you take it too far. Here are some signs you might be taking things to the extreme -- and what you should be doing instead. 1. You Put Way Too Much Time Into Penny-Pinching The internet is full of people who like to brag about the crazy measures they take to save money. They rinse out Ziploc baggies so they can reuse them. They spend hours each week clipping and organizing coupons to save a few extra cents on a can of soup that they don't even particularly like. They dissect nearly empty toothpaste tubes so they can scrape out the last bits of toothpaste. They spend far too much time, in other words, for not nearly enough return. Creativity and a do-it-yourself spirit is one thing, but if you find yourself devoting hours of your life to shaving off a few cents here and there, it's time to reconsider your savings strategy. Instead of making your own laundry detergent, could you start line-drying your clothes to cut back on utility costs? Instead of reusing the same sheet of tin foil over and over again, could you invest in some Tupperware so you can store your food without any waste? At some point, you need to recognize that your time has a value, too, and wasting it on extreme savings strategies isn't always the best way to spend it. I advise people to be frugal with their time, not just their money. 2. You Sacrifice Quality for the Sake of Pinching Pennies If you've ever re-used dirty bathtub water, or if you use rags as "reusable toilet paper," you're pushing frugality too far.
There are certain things in life that are worth paying a little more for.
Top Consumer Stocks To Invest In 2015: Profire Energy Inc (PFIE)
Profire Energy, Inc., incorporated on May 5, 2003, is engaged in the business of developing combustion management technologies for the oil and gases industry. The Company manufactures, install and service oilfield combustion management technologies and related products, such as train components and secondary airplates. The Company's primary products are burner management systems. The Company�� Profire 2100 burner management system allows the end-user to manage a variety of combustion vessels. Its Profire 1300 is a flare-ignition system that provides fundamental ignition capabilities for combustor and open-flare vessels, and can relay flame-status. Its Profire 1800 is a mid-range burner management system option that provides fundamental burner management functionality, such as burner re-ignition and temperature management.
The Company also manufactures other technologies and products for sale, including specialized burner management systems intended for use in specific firetube vessels (e.g. incinerators), valve train products, including valves, gauges, and installation products, and miscellaneous componentry, such as solar-power generation kits, add-on cards to expand the functionality of a given system, and a airplate that meters secondary airflow to the burner, allowing for more optimized combustion and reduced emissions.
The Company competes with SureFire, Platinum, ACL and TitanLogix.
Advisors' Opinion:- [By Peter Graham]
Small cap green stocks Eco Depot Inc (OTCMKTS: ECDP), Eco Building Products Inc (OTCMKTS: ECOB) and Profire Energy, Inc (OTCBB: PFIE) has been getting some extra attention lately in various investment newsletters thanks to paid promotions or investor relation campaigns. Of course, there is nothing wrong with properly disclosed promotions and investor relations campaigns, but small cap green stocks tend to be extra volatile when compared with other stocks. So how in greenbacks will these three small cap green stocks produce for investors? Here is a quick reality check:
Hot Oil Stocks To Own Right Now: Lonestar Resources Ltd (LNR)
Lonestar Resources Limited is an Australia-based independent oil and gas company involved in exploration, production, and acquisition of oil and gas reserves in the United States. The Company�� operations are focused onshore with primary activity in the Fort Worth Basin (Barnett Shale), Eagle Ford Shale, and the Williston Basin in Montana. The Company is active in sourcing other assets in producing areas. The Company�� Eagle Ford Shale portfolio comprises three separate assets: Beall Ranch, Asherton and Gonzo. The Company�� operations in the Williston Basin are focused on the Roosevelt County, Montana. The Company owns and operates a single lease in the Barnett Shale, a gas producing basin in North Texas. On January 2, 2013, the Company acquired Ecofin Energy Resources plc. In August 2013, the Company announced that it has sold its producing assets outside the state of Texas for its Louisiana assets and for its Oklahoma assets. Advisors' Opinion:- [By Eric Lam]
Linamar Corp. (LNR) soared 14 percent to a record C$40.72 for the biggest gain in the S&P/TSX. The Guelph, Ontario-based auto parts maker reported third-quarter adjusted profit of 80 Canadian cents a share, topping analysts��projections for 66 cents.
Hot Oil Stocks To Own Right Now: CST Brands Inc (CST)
CST Brands, Inc., incorporated on November 7, 2012 , is a retailer of transportation fuels and convenience goods in North America. As of April 30, 2013, the Company operated 1,032 Corner Stores throughout the United States, including Texas, Louisiana, Arkansas, Oklahoma, New Mexico, Colorado, Wyoming, Arizona and California. Its stores also provide prepared foods. In May 2013, the Company announced that the Company which includes Corner Store and Depanneur du Coin, spun off from Valero Energy Corporation.
The Company offers a range of products, such as snack foods, tobacco products, beverages and fresh foods, including its own brands: Fresh Choices sandwiches, salads and packaged goods; U Force energy drinks; Cibolo Mountain coffees (the United States); Transit Cafe coffee and bakery (Canada); FC bottled sodas, and Flavors 2 Go fountain sodas. Its Corner Store locations also provide in-store Subway sandwich shops.
Advisors' Opinion:- [By John Kell]
Valero Energy Corp.(VLO) said its fourth-quarter profit rose 28% as the oil refiner got a boost from the spinoff of gas-station retailer CST Brands Inc.(CST) Results easily topped estimates.
- [By Roberto Pedone]
Another potential earnings short-squeeze trade is CST Brands (CST), a retailer of transportation fuels and convenience goods in North America, which is set to release its numbers Tuesday before the market open. Wall Street analysts, on average, expect CST Brands to report revenue of $3.19 billion.
The current short interest as a percentage of the float for CST Brands is very high at 19.4%. That means that out of the 55.66 million shares in the tradable float, 11.75 million shares are sold short by the bears. If the bulls get the earnings news they're looking for, then this stock could easily rip substantially higher post-earnings as the bears rush to cover some of their bets.
From a technical perspective, CST is currently trending above its 50-day moving average, which is bullish. This stock has been trending sideways for the last three months, with shares moving between $30.31 on the downside and $33.96 on the upside. A high-volume move above the upper-end of its recent range could trigger a major breakout trade for shares of CST post-earnings.
If you're in the bull camp on CST, then I would wait until after its report and look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at $32.99 to its all-time high at $33.96 a share with high volume. Look for volume on that move that hits near or above its three-month average action of 1.29 million shares. If that breakout hits, then CST will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $40 to $45 a share.
I would simply avoid CST or look for short-biased trades if after earnings it fails to trigger that breakout and then drops back below its 50-day moving average of $32.12 a share with high volume. If we get that move, then CST will set up to re-test or possibly take out its next major support levels at $31.06 to $30.31 a share. Any high-vol
Hot Oil Stocks To Own Right Now: Clayton Williams Energy Inc (CWEI)
Clayton Williams Energy, Inc. (CWEI), incorporated on December 27, 1991, is an independent oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas, Louisiana and New Mexico. The Company operates in two segments: oil and gas exploration and production and contract drilling services. As of December 31, 2012, its portfolio of oil and natural gas reserves is weighted in favor of oil, with approximately 77% of its proved reserves consisting of oil and natural gas liquids (NGLs) and approximately 23% consisting of natural gas. During the year ended December 31, 2012, the Company added proved reserves of 20,443 million barrels of oil equivalent (MBOE) through extensions and discoveries, had downward revisions of 6,615 MBOE and had purchases of minerals-in-place of 3,504 MBOE and had a sales of minerals-in-place of 725 MBOE. As of December 31, 2012, CWEI held interests in 3,031 gross (1749 net) producing oil and gas wells and owned leasehold interests in approximately 951,000 gross (471,000 net) undeveloped acres. On March 14, 2012, its wholly owned subsidiary, Southwest Royalties, Inc. (SWR), completed the mergers of each of the 24 limited partnerships, of which SWR is the general partner (SWR Partnerships) into SWR.
Permian Basin
The Company�� Permian Basin is a sedimentary basin in West Texas and Southeastern New Mexico. The Permian Basin covers an area approximately 250 miles wide and 350 miles long and contains commercial accumulations of oil and gas in multiple stratigraphic horizons at depths ranging from 1,000 feet to over 25,000 feet. During 2012, the Company drilled and completed 87 gross (80.2 net) operated wells in the Permian Basin and conducted various remedial operations on other wells. As of December 31, 2012, the Company had two rigs in this area.
Giddings Area
The Company�� Austin Chalk formation is an upper Cretaceous geologic formation in the Gulf Coast region of the United States th! at stretches across numerous fields in Texas and Louisiana. The Austin Chalk formation is generally encountered at depths of 5,500 to 7,000 feet. Horizontal drilling is the primary technique used in the Austin Chalk formation. Its wells in this area were drilled as horizontal wells, many with multiple laterals in different producing horizons, including the Austin Chalk, Buda and Georgetown formations in East Central Texas. The Eagle Ford Shale formation lies immediately beneath the Austin Chalk formation where the Company have approximately 177,000 net acres in production. As of December 31, 2012, the Company is using one of its drilling rigs in the Giddings Area to drill horizontal wells in the Eagle Ford Shale formation.
South Louisiana
During 2012, the Company drilled and completed the Hassinger ETAL #1, an exploratory well in Jefferson Parish, Louisiana. The Company plan to commence drilling operations on the Macon Stringer Heirs #1, an exploratory well in Terrebonne Parish in 2013.
Natural Gas Services
The Company owns an interest in and operates natural gas service facilities in the states of Texas and Louisiana. These natural gas service facilities consist of interests in approximately 314 miles of pipeline, three treating plants, one dehydration facility, and seven wellhead type treating and/or compression stations. Its operated gas gathering and treating activities exist to facilitate the transportation and marketing of its operated oil and gas production.
Advisors' Opinion:- [By Seth Jayson]
Clayton Williams Energy (Nasdaq: CWEI ) is expected to report Q1 earnings around April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Clayton Williams Energy's revenues will decrease -8.9% and EPS will shrink -32.8%.
Hot Oil Stocks To Own Right Now: Oil and Natural Gas Corporation Ltd (ONGC)
Oil and Natural Gas Corporation Limited (ONGC) is an India-based company. The Company is mainly engaged in the oil exploration and production activities. The Company operates in two segments: Offshore and Onshore. Its subsidiaries include ONGC Videsh Limited (OVL), Mangalore Refinery & Petrochemicals Ltd., ONGC Nile Ganga BV, ONGC Narmada Limited, ONGC Amazon Alaknanda Limited, ONGC Campos Ltda, ONGC Nile Ganga (Cyprus) Ltd. and ONGC Nile Ganga (San Cristobal) B.V. Advisors' Opinion:- [By Lyubov Pronina]
Reliance Industries Ltd. (RIL) and Oil & Natural Gas Corp. (ONGC), India�� biggest energy explorers, led Indian stocks higher as the nation�� cabinet agreed to lift the price of natural gas. The rupee posted the biggest quarterly drop since 2011.
- [By Jonathan Burgos]
India�� biggest energy companies rose after the government agreed to raise the price of natural gas. Reliance Industries Ltd., operator of the world�� biggest oil refining complex, climbed 3.1 percent to 855.2 rupees in Mumbai. Oil & Natural Gas Corp. (ONGC) added 1.7 percent to 325.70 rupees.
Hot Oil Stocks To Own Right Now: Synergy Resources Corp (SYRG)
Synergy Resources Corporation, incorporated on May 11, 2005, is an oil and gas operator in Colorado. The Company is focused on the acquisition, development, exploitation, exploration and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin (D-J Basin) in northeast Colorado. Effective November 13, 2013, Synergy Resources Corp acquired 21 undisclosed oil and gas producing wells, located in Wattenberg Field, Colorado.
As of October 31, 2013, the Company has 374,000 gross and 245,000 net acres under lease, substantially all of which are located in the D-J Basin. Of this acreage, 12,550 gross acres are held by production. In addition to the approximately 22,000 net developed and undeveloped acres that the Company hold in the Wattenberg Field, it hold undeveloped acreage positions in the northern extension area of the D-J Basin, in an area around Yuma County that produces dry gas, and in western Nebraska.
Advisors' Opinion:- [By Value Digger]
As peers, I selected Artek Exploration (ARKXF.PK), RMP Energy (OEXFF.PK), Synergy Resources (SYRG) and Magnum Hunter Resources (MHR). The first two firms trade also on the main Toronto board under the tickers RTK.TO and RMP.TO respectively. These peers comply with the following criteria:
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