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Any dividend investors in here? I've been mainly investing in dividend stock and DRIPing the dividends for years in my retirement and investment accounts. I'm not the type to buy and sell all the time, so this type of investing suits me.
Quoted from SantaEatsCheese:CCIV! With merger less than a month away this will continue to rise (back)! Going to sell a very small position today as I continue to diversify and buy some Home Depot if it continues to fly.
Buy Lowes instead. Just my 2 cents
Quoted from DBLM:Going to be a rough day in the makers today. Futures are down 500 points and it apppears to be broad based (recovery, financials, semis, etc. Japan is announcing no spectators for the Olympics. Be careful out there.
Getting my cash ready
Quoted from athenspin:Looking for advice and opinions on opening accounts for my children. I have a 15 month old and a 4 1/2 year old and would like to get things rolling for them early. I’m not interested in doing 529 plans and the way it reads to me is that you can open Roth IRA’s for children as long as they have earned incomes. Those incomes could include chores, babysitting, mowing, etc. those are maxed at 6k a year per. Custodial accounts seem like the best option. From what I’ve read, they take full ownership and responsibility for the account once they are either 18-25 yrs old depending on the state. Honestly 25 seems like a better age to take control of an account that could have real money in it. Looks like 15k per child per year can be gifted no questions asked. Thoughts or opinions from anyone who has used any of these options?
I'm also trying to figure out what to do for my kids. I have no intention of paying for their college. My wife and I have the ability to pay for their college, but have decided not to. Kudos for the parents that do. My parents had 4 kids and it was clear from the beginning that if we wanted to go to college we were going to have to work hard and pay for it ourselves. My wife and I both paid off our student loans. Not easy but we borrowed the money and understood it needed to be paid back..not forgiven. Doing that taught me a lot and I think my kids should make their own way. But I do get money from grandparents and family for the kids "piggy bank" and I want it to go in something better than a saving account. That being said FASFA is a concern for me and I don't want something with their name on it getting taking into account when they are doling out the money. I am thinking about a 529, but just to pay for private schooling
Quoted from GrahamStrong93:Just recently joined the group haven’t had the chance to read everything in here yet!
& just wanted to see the suggestions you guys are just jumping on & are you guys still suggesting robinhood? That’s the platform I’m still on just because of the few cannabis stocks I’m on.
Anything but Robinhood. They are getting sued left and right, which they should be after what they were pulling
Quoted from iceman44:BDCs have done great this year and are at the top of the yield income food chain.
Gotta be careful. ARCC one of the bigger ones
Brad Thomas on Seeking Alpha is my go to guy for REITS and BDCs. The research he does is incredible
He's my go to also. I don't like many of the authors on SA. Too much fluff or copy and paste,but I always enjoying Brad and Lyn Alden. She is super thorough.
Quoted from pinnyheadhead:All FYI do your own research because getting stock tips from a pinball site would be foolish. Right?
This isnt a stock market website. I might have been doing this wrong the whole time....
Quoted from ReplayRyan:Care to share some of what you have that was green? A lot of red for me today...oil and tech.
Anyone still holding GNOG?
ABBV and MSFT in the green for me today
Quoted from iceman44:EPD again.
Give me the 7.3% current yield along with excellent upside potential being significantly undervalued in an overvalued market.
Much bigger total return potential
I'm long EPD. Lots of upside
Quoted from kvan99:Most of all the ETFs and Funds will experience a pullback before Nov, just play the long game. Inflation is not transitory, it's real so get ahead of the curve and play the areas where money will be flowing to....as far as tech, I would only stay in FAAMG. I still own some energy stocks but oil should've rallied now, it's summer already so unless I'm missing something...it's all priced in at this point. If you have cash wait for the pull back and then buy your favorite S&P 500 ETFs or fund.
Give this a read if you have some time.
https://www.lynalden.com/oil-and-gas/
Quoted from pinlink:Z, TDOC, FSLY, and NVTA are absolutely crushing me right now. I never planned to have such a large position in any of those but I have been buying more as it dips for months now.
I completely understand buying more on the way down to reduce your cost basis, but sometimes all you are doing is trying to catch a falling knife.
Quoted from loneacer:My one dividend aristocrat is killing me this month. WBA beat on earnings, beat on revenue, raised guidance, and dropped almost 20% since. It will double someday or be bought out / go private. In the meantime, 4% dividends reinvesting. I've had this one for 3 years, anywhere from 500-3000 shares at any given time. Took my position from 500 -> 1300 on the latest drop.
Everyone believes WBA has been doing so well because people have been going there for vaccines and thats what's been driving their numbers. It doesn't matter what kind of numbers they put up. Its been on my radar but I haven't pulled the trigger
Quoted from iceman44:Citi's Jim Suva went to $170 on Apple, JPM now $175 and my favorites Dan Ives and Gene Munster make Apple their top big tech pick (not really that hard right?).
Have you seen the pic of the Apple car that's coming? Wow.
Greatest marketing, technology innovation, human capital company on the planet and it should only keep getting stronger.
Adding SQ to my 10 yr buy and hold model.
I have such a hard time buying more Apple because my basis is so low, but I also am still holding AT&T. So there's a good chance I have no idea what I'm doing.
Quoted from iceman44:You own Apple. Great.
AT&T. Why? Dividend?
It was for the dividend which is still intact until the deal is done next year. I don't have a huge position, and I'm optimistic about how well the new company will do in the streaming space.
Quoted from TRAMD:I've been 25% cash for a while waiting for a day like this. I'm doing some buying today.
What holdings do people have that are down that I could look into?
EPD and ENB are way down today. I bought more
Quoted from TRAMD:I've been 25% cash for a while waiting for a day like this. I'm doing some buying today.
What holdings do people have that are down that I could look into?
BTI also.
Quoted from stubborngamer:I am sure no one is following my advice, if they are god help you.
200.gifQuoted from Zablon:BTW for those keeping track. AI is ass. I'm so down on that I pretty much have to just plan to hold it for 5+ years and hope something becomes of it.
I feel the same about Altria. Bought it years ago and it hasn't ever recovered. Good dividend, but annual returns have been ass
Quoted from robertmee:When you own a pool, you don't let glass near it.
Your preaching to the choir
adult inflatable pools (resized).jpgSo back to Amazon, I'd really like to get in on the action but it's hard to pull the trigger with the share price being $3000+. Thats a bug chunk of my monthly investment allowance. Regardless if it drops to $3,000, I'm in.
Quoted from loneacer:Some brokers are allowing fractional shares now. Buy 0.01 share for $30 instead.
Yeah. Not mine yet. I hope they do soon. Its weird though because they allow you to DRIP dividends for fractional shares. But they brings up a good question. Which brokers is everyone using? I know that might be a personal question. Just curious
Quoted from Oaken:I did find it funny that the same dealer I bought my used car from two years ago cold called me the other day offering 100% trade in on it minimum…and then he quoted me some prices on the lot and I stopped smiling.
Conclusion: the odyssey is staying in the family until it keels over or the kids get out of college.
My wife works in the auto industry at a national level and it's crazy the stuff she hears and how all the auto makers have been reacting the past year. You can't make the stuff up that they're doing to stay alive
Quoted from athenspin:Any good recommendations? I have some Schwab dividend etf, some of my better dividend payers are Walgreens, Pfizer, vale, Qualcomm, and IBM. I’m looking into Abbvie and Verizon. I’m also trying to beef up.
Check out EPD, ENB. Look into REITs and BCDs
Quoted from nwpinball:Let's go back to all making money together!
5igg0f (resized).jpgQuoted from ypurchn:So I know this may get a few laughs but, anyone have any options for a “steady” 3% return? MIL has a small amount of money put aside and wants to do something other than MM savings but doesn’t want to be in stocks. She has a history of getting 10-20k into credit card debt and then having to cash out investments to clear the debt. We’ve cut up her credit cards about 2 years ago but she’s stopped letting us pull credit reports so we fear she’s taken out another CC. Super long story, I’m leaving out lots of details just please don’t lecture me on debt finances, bla bla. I know. She knows. History of mental health going back 20 years. She’ll go manic and give $5k to a TV preacher or tarot card reader.
I just need a semi-low risk, stable place to park some assets.
Considering just throwing it all at her mortgage cause she’s about 3.5% interest. No we’re not refinancing, last time she did she had a break and went out and a bought a new car.
Index funds. Look at VOO or SCHD.
Quoted from robertmee:QYLD or NUSI. Dividend producing ETF's that pay monthly. QYLD has averaged above 10% for many years. Both ETF's generate income on writing covered calls in the money. NUSI hedges their own calls, so returns are less but downside is greatly limited. They will always underperform the market in TOTAL returns, so if you google them, you'll read articles from active money managers telling you it's a bad growth investment. But it sounds like you're not after Growth but income.
Its funny. I was going to say QYLD, but most people hate it.
Did the same today. I have a good feeling about them
Quoted from loneacer:My old ball and chain WBA is finally getting a little love, trading today at its highest since the earnings drop in early July. Might trade up to the 50-day MA soon at least. Although it has ex-div coming next week that will drop it 50 cents.
[quoted image]
I've been waiting for a better entry price, but WBA has been on my radar. I'm not convinced that their recent numbers aren't just from people being in the store for the vaccine.
Quoted from MrBally:In Nevada:$9.75/hr. without medical benefits
$8.75/hr. with medical benefits. And that's no matter how shifty the benefits are.
I used to clean toilets and flip burgers for $5.00/hr. I got a quarter raise and thought I was hot shit.
Quoted from NicoVolta:I admire the testicular fortitude of day traders, but I wouldn't be able to sleep at night doing it. I only buy stuff which I personally understand (or just like) and only niche positions at that.
Very difficult to beat the quants over time. Even fleets of experienced traders at Goldman Sachs with rooms of HDTV's flashing stock information can rarely beat them consistently. That's why prices are generally what they are... the research, speculation, hunches, earnings, estimated growth potential, competitive risks, etc. are all factored in. Thus everyone looks like a genius in a bull market and you *almost* can't lose buying into the momentum. Of course the opposite in a bear market.
Meme stocks are really only the latest version of squeezing the rumor mill, pump & dump, etc. Has been a thing for many decades. Good if you're clever and understand the game you're playing... but even then greed has a tendency to blindside the best speculators over time. Always looking for one more high.
Question for y'all... what percentage of your total investable assets (not car, home equity, etc.) do you usually play around with? I feel like I'm pretty conservative with only 3% of my total holdings in non-diversified speculative buys. I don't do options.
Of my invested money, I do 80% passive 20% active. The 20% works out to about 5-6% of my net worth. But Im also completely debt free(own my house, cars, etc) and spend less than 40% of my income a month. The 60% has to go somewhere.
Let's not derail this thread again.. I finally pulled the trigger on some Amazon stock. Even though I'm mainly a dividend investor, I've been adding some growth stock to my portfolio.
ABBV taking a hit today -10% over nothing. Grabbed some shares and got to lower my basis quite a bit
Quoted from iceman44:MELI, MDB, AXON, TEAM, VEEV, TREX, ROKU, just to name a few more.....
Unrealized Positions Summary As of: 9/18/2021 Created: 9/18/2021 3:34:09 PM
Long InvestmentsSecurity Name | Symbol Units Unit Cost Orig Cost Mkt Price Mkt Value ST Gain/Loss LT Gain/Loss % Change
View Security DetailsAPPLE INC (AAPL) 173.218 $27.6993 $4,798.02 $146.06 $25,300.24 $16.65 $20,485.57 427.31%
View Security DetailsATLASSIAN CORPORATION PLC - (TEAM) 14 $104.8571 $1,468.00 $404.60 $5,664.40 $4,196.40 285.86%
View Security DetailsAXON ENTERPRISE INC (AXON) 23 $49.4674 $1,137.75 $172.38 $3,964.74 $2,826.99 248.47%
View Security DetailsINTUITIVE SURGICAL INC (ISRG) 4 $491.3025 $1,965.21 $1,037.27 $4,149.08 $2,183.87 111.13%
View Security DetailsJP MORGAN CHASE & CO (JPM) 27.071 $70.3687 $1,904.95 $157.68 $4,268.58 $20.62 $2,343.01 124.08%
View Security DetailsMERCADOLIBRE INC (MELI) 3 $345.9567 $1,037.87 $1,878.23 $5,634.69 $4,596.82 442.91%
View Security DetailsMONGODB INC (MDB) 15 $75.2880 $1,129.32 $506.99 $7,604.85 $6,475.53 573.40%
View Security DetailsMONSTER BEVERAGE CORP (MNST) 29 $68.9462 $1,999.44 $94.64 $2,744.56 $745.12 37.27%
View Security DetailsNOVOCURE LTD (NVCR) 24 $64.88 $1,557.12 $131.03 $3,144.72 $1,587.60 101.96%
View Security DetailsOKTA INC -A- (OKTA) 14 $69.3093 $970.33 $258.15 $3,614.10 $2,643.77 272.46%
View Security DetailsPINTEREST INC CL A (PINS) 100 $22.53 $2,253.00 $54.77 $5,477.00 $3,224.00 143.10%
View Security DetailsROKU INC (ROKU) 21 $88.9624 $1,868.21 $324.10 $6,806.10 $4,937.89 264.31%
View Security DetailsROUNDHILL SPORTS BETTING & (BETZ) 85 $30.6751 $2,607.38 $31.63 $2,688.55 $81.17 3.11%
View Security DetailsSHOPIFY INC A (SHOP) 4 $150.5975 $602.39 $1,486.29 $5,945.16 $5,342.77 886.93%
View Security DetailsTHE TRADE DESK INC - A (TTD) 100 $19.0358 $1,903.58 $72.58 $7,258.00 $5,354.42 281.28%
View Security DetailsTREX CO INC (TREX) 44 $34.5902 $1,521.97 $107.60 $4,734.40 $3,212.43 211.07%
View Security DetailsTWILIO INC CL A (TWLO) 20 $85.10 $1,702.00 $352.87 $7,057.40 $5,355.40 314.65%
View Security DetailsVEEVA SYSTEMS INC CL A (VEEV) 11 $99.7918 $1,097.71 $302.14 $3,323.54 $2,225.83 202.77%
View Security DetailsVISA INC (V) 51 $131.2363 $6,693.05 $221.75 $11,309.23 $0.13 $4,616.05 68.97%
View Security DetailsWALT DISNEY CO (DIS) 16.685 $98.0965 $1,636.74 $183.47 $3,061.20 $1,424.46 87.03%
View Security DetailsZYNGA INC (ZNGA) 257 $6.7471 $1,734.00 $8.01 $2,058.57 $324.57 18.72%
TOTAL (21 securities) $41,588.04 $125,809.11 $118.57 $84,102.50 202.51%
I'm happy youre back. I hope you stick around
Quoted from Zablon:So you should have invested heavy in oil?
Ive been investing in midstream
I received shares of ONL from the Realty Income's office space spin off. Is my cost basis on those shares $0.00? Thats gonna throw off a lot of my spreadsheet formulas.
Quoted from Zablon:It is, depending on how your spreadsheet is set up, you may need to change the calculation for just this share.
It looks that way. Thanks. Even my trading dashboard says I'm up infinity%
Quoted from Roostking:I suck at stocks. Bought AAPL a few months ago and it just crept down. Looked around and everybody else is making money in Energy, so divest AAPl, making 5 bucks over 3 months. I buy some energy stock and if course it's creeping down. Bought PINS at the wrong time. And now AAPL is climbing again. Some people just have it I guess lol
Been there. I bought Altria at the height in 2018 on some bad financial advise I'm still down 6% including dividends. On the flip side, in 2020 I bought a crap ton of Apple when their supply chain was disrupted at the start of COVID. I'm up 120%. When I do make mistakes investing, I try to learn from my mistake then forgive myself and move on.
Quoted from RTR:My biggest regrets in investing are usually premature selling. Biggest hits are very boring - sitting on XLE, MSFT, DIS, AAPL, GOOG, HIG, SPY, AMZN, MAA, JPM, and others for years and years.
I was pretty heavily invested in Standard Lithium before they went on the NYSE. I got tired of watching the stock go nowhere when my other investments were doing much better. Decided to sell it all. They listed on the NYSE a few months later and if I would have held I would have been up over 200%. I still think they are working on some very interesting stuff that if it pans out will be a game changer. I might get back in in the future.
Quoted from pinnyheadhead:Thanks Kvan. Your general short posts are pretty good considering the complex issues they go over.
To share I like Analyst and former Engineer Lyn Alden’s articles. She is a highly followed author on Seeking Alpha and explains “how we got to where we are now” on many topics in a non narrative, unbiased, facts based way. Here is her recent article on oil.
https://www.lynalden.com/december-2021-newsletter/
To add to your list of reasons gas is higher she mentions oil diggers are no longer borrowing like drunken sailors to dig more. Now they tend to now avoid debt and use profits to expand and are also buying back shares instead.
Since everyone talks about “the Fed”. She also has a very good article on the history of the Fed and why the US is where it is at today and possible challenges ahead. In general it is not just “the Fed”, but she says most people just say the reasons for everything that happens economically are as an easy way of explaining. I found it an interesting long nerdy read.
https://www.lynalden.com/qe-and-inequality/
Not pushing anything and all FYI. Take care
Lyn is one of my favorite people to read. Her articles are approachable and easily understood
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