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Link Posted: 8/15/2022 6:09:56 PM EDT
[#1]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Waldo:


I would think about it if I didn't invest/trade individual oil/gas companies.  I like the anti woke theme, but not enough to pay an expense ratio.
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I've looked at it, but I am a numbers guy, and so far I just can't get comfortable with it.

Thanks for the reply, and I think I will wait before "maybe" venturing in.
Link Posted: 8/15/2022 6:40:02 PM EDT
[#2]
Link Posted: 8/16/2022 1:05:12 AM EDT
[#3]
DKNG Buying for a while now.  Averaged to about $19.00
Link Posted: 8/24/2022 10:48:40 AM EDT
[#4]
Bought a small amount more of AM this morning. This is really a dividend play for me, paying 8.69% dividend. No real plans at this time to buy any other stocks.
Link Posted: 8/24/2022 11:26:53 AM EDT
[Last Edit: NotRyan] [#5]
Link Posted: 8/24/2022 11:29:27 AM EDT
[#6]
Link Posted: 8/24/2022 11:33:27 AM EDT
[#7]
I'm sticking with the ratio I committed to over a decade ago.

All the real leaf reading experts can jerk each other off all they want.

Link Posted: 8/24/2022 11:41:44 AM EDT
[Last Edit: Speedwinder] [#8]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bohr_Adam:
I'm sticking with the ratio I committed to over a decade ago.

All the real leaf reading experts can jerk each other off all they want.

View Quote


I gave up on leaf reading and went to reading chicken bones.
Link Posted: 8/25/2022 11:01:26 AM EDT
[Last Edit: Speedwinder] [#9]
This morning I bought a substantial amount of FUTY. I decided that with what I think is a continuing downturn that I would invest some of my cash in what I think will provide me a reasonable return at low risk.

FUTY yields 2.54% in dividends and has a YTD return of 9.28%. I will most likely hold this stock at least for three years, and it may become a permanent part of my investments. I have other utilities ETF's and they have perform well over the years.

Not exciting investing, but I think this will be better then holding so much cash for the next few years.

Added: I also looked at these as part of my selection effort of this stock purchase:

VPU (already own some)
XLU
IDU
UPW

also

AEP (already own some)
DUK
NEE
Link Posted: 8/25/2022 9:34:05 PM EDT
[Last Edit: kerry] [#10]
Bought my first stock today, FLNG and made $17 in the same afternoon.

Edited for typo
Link Posted: 8/25/2022 10:00:21 PM EDT
[#11]
Link Posted: 8/25/2022 10:01:05 PM EDT
[Last Edit: Speedwinder] [#12]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By kerry:
Bought my first stock today, FNLG and made $17 in the same afternoon.
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Would that be FLNG?

Congrats on your first purchase?
Link Posted: 8/25/2022 10:15:41 PM EDT
[Last Edit: kerry] [#13]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Speedwinder:


Would that be FLNG?

Congrats on your first purchase?
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Speedwinder:
Originally Posted By kerry:
Bought my first stock today, FNLG and made $17 in the same afternoon.


Would that be FLNG?

Congrats on your first purchase?


LOL, yea that's it. FLNG.

I learned about it here.
Link Posted: 8/25/2022 10:17:08 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By kerry:


LOL, yea that's it. FLNG.

I learned about it here.
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Very nice, I hope you do very well!
Link Posted: 8/26/2022 12:08:08 AM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By kerry:
Bought my first stock today, FNLG and made $17 in the same afternoon.
View Quote


Depending on what tax bracket you're in you probably only made ~$10 after tax.
Link Posted: 8/26/2022 2:34:23 AM EDT
[Last Edit: Keekleberrys] [#16]
Link Posted: 8/26/2022 8:13:13 AM EDT
[#17]
Link Posted: 8/26/2022 1:00:52 PM EDT
[#18]
Just bought CRT, 7.81% dividend.
Link Posted: 8/26/2022 3:24:12 PM EDT
[Last Edit: Speedwinder] [#19]
I know this is a hard day in the market for many. There will most likely be more hard days in the future.

While almost all of my stocks lost money today, I took this as an opportunity to purchase more FUTY and VPU at a slightly reduced price and I think this is better then sitting on cash. I will hold these for 2-3 years and let the dividends accumulate more shares, then decide if I want to keep them longer. If these stocks fall further I will consider buying more of them.

I think I will not need to use any of my retirement funds/stocks for up to ten years so I am comfortable reinvesting my dividends until such time as I may need to use my retirement investments.

Stay strong, there will be better days ahead someday!
Link Posted: 8/26/2022 3:35:01 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Speedwinder:
I know this is a hard day in the market for many. There will most likely be more hard days in the future.

While almost all of my stocks lost money today, I took this as an opportunity to purchase more FUTY and VPU at a slightly reduced price and I think this is better then sitting on cash. I will hold these for 2-3 years and let the dividends accumulate more shares, then decide if I want to keep them longer. If these stocks fall further I will consider buying more of them.

I think I will not need to use any of my retirement funds/stocks for up to ten years so I am comfortable reinvesting my dividends until such time as I may need to use my retirement investments.

Stay strong, there will be better days ahead someday!
View Quote



I am thinking of parking most of mine in T bills for a couple of months. I did make $300 this afternoon off CRT.

Thoughts?
Link Posted: 8/26/2022 4:01:02 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By kerry:



I am thinking of parking most of mine in T bills for a couple of months. I did make $300 this afternoon off CRT.

Thoughts?
View Quote



Kerry

I have never owned T Bills as it seemed I could do better on return with other investment vehicles. I do own TIPS, and EE bonds.

Nice score on CRT, royalty trust, not sure I understand how they work. I need to do some reading!
Link Posted: 8/26/2022 4:09:58 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Speedwinder:



Kerry

I have never owned T Bills as it seemed I could do better on return with other investment vehicles. I do own TIPS, and EE bonds.

Nice score on CRT, royalty trust, not sure I understand how they work. I need to do some reading!
View Quote



Thanks.

T bills are paying

4 week 2.31%
8 week 2.61%
13 week 2.74%

I bonds are still 9.62% until November.
Link Posted: 8/26/2022 4:11:57 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By kerry:



I am thinking of parking most of mine in T bills for a couple of months. I did make $300 this afternoon off CRT.

Thoughts?
View Quote
I've beed doing pretty much the same with short term CDs. The rates were about the same. I haven't bought anything longer than 3 months and I staggered them so if the market crashes, I will always have money ready to buy.
Link Posted: 8/26/2022 4:14:23 PM EDT
[Last Edit: kerry] [#24]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By wvar15:
I've beed doing pretty much the same with short term CDs. The rates were about the same. I haven't bought anything longer than 3 months and I staggered them so if the market crashes, I will always have money ready to buy.
View Quote


That's pretty much what I am trying to do. I think things might be better after the midterms.

Edited to add I do like the 4 and 8 week options on T bills to get the money free sooner.
Link Posted: 8/26/2022 6:03:29 PM EDT
[#25]
Link Posted: 9/7/2022 12:07:38 PM EDT
[Last Edit: Speedwinder] [#26]
Sold all of my TIPS this morning. Will hold the cash for a while, but will most likely buy more AEP,  FUTY and/or VPU at sometime in the near future.

At some point in the next six months I will start looking at buying some MGK and SPY, but I think now is too early to shop for bargains.
Link Posted: 9/7/2022 12:09:53 PM EDT
[#27]
Dwa c
Link Posted: 9/7/2022 1:18:25 PM EDT
[#28]
Link Posted: 9/7/2022 1:24:49 PM EDT
[#29]
I have the itch to buy now that everything is down but I feel this is only the beginning. There is a three tier economy in the USA and not all tiers are down yet. We are only at the start of the downfall. Low wage is suffering from inflation. Mid class is still OK but it will eventually catch them. Upper class will take losses they can absorb.

I'm selling off things that I don't feel have future value and a couple losses to build up cash. I'm also not looking at too many new stocks. I might just pile up more of what I already own as they fall.

Link Posted: 9/9/2022 2:18:38 PM EDT
[#30]
Really nice day in the market today, so far.

I am not ready to start buying yet. I think the market needs/will probably, drop at least 8.5% before we come near a bottom. I am waiting for the final lowering.

Of course I have been wrong many times in the past.

I watch the Shiller PE and find it helpful for long-term trends, but not so much for the short term.
Link Posted: 9/9/2022 4:15:44 PM EDT
[#31]
Link Posted: 9/9/2022 9:37:54 PM EDT
[Last Edit: Speedwinder] [#32]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By d16man:

I doubled my investment in OXLC.  It has the best dividend of any of my stocks.  I might cash out my ConocoPhillips,  I'm in at $30/share (after the past 2 years of dividends) and its at $111 now. It's not the best dividend stock.  The potential for it to go higher is there though.  All my oil stocks had a good day today.
View Quote


Well done!

I like dividend stocks, and a few oil stocks. Most have done well for me over the years.

The older I get, the more I enjoy watching dividends roll in!

Link Posted: 9/10/2022 10:49:31 AM EDT
[#33]
Link Posted: 9/18/2022 10:54:50 AM EDT
[#34]
Did a very small amount of buying of MSFT late last week. I am still mostly in "hold" mode but I am open to small purchases of stocks that I think will do well over the next 5-10 years.

I am watching AMZN, AAPL, APD, ADP. Might nibble on these at some point.

While this has been a difficult stock investing year for me, I am still up over the last 12-months. But just barely.

When most think it is the time to sell, that is when I get interested in buying. Not time yet for me, but looking interesting!
Link Posted: 9/18/2022 11:30:46 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bohr_Adam:
I'm sticking with the ratio I committed to over a decade ago.

All the real leaf reading experts can jerk each other off all they want.

View Quote
Curious what that is since you seem extremely level headed and rational.
Link Posted: 9/19/2022 10:49:57 AM EDT
[#36]
Link Posted: 9/20/2022 1:57:24 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Theodoric:
Curious what that is since you seem extremely level headed and rational.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Theodoric:
Originally Posted By Bohr_Adam:
I'm sticking with the ratio I committed to over a decade ago.

All the real leaf reading experts can jerk each other off all they want.

Curious what that is since you seem extremely level headed and rational.


I've got multiple retirement accounts, I just try to keep the balance across the board at as close to 60% Domestic large to mid-cap, 10% Domestic small cap, and 20% international, reshuffling as necessary.

Just about all of my individual shares are one or two stocks, really just for shits and giggles to compare to their performance to the funds.

I can't, won't pretend to read tea leaves. And this keeps me honest.
Link Posted: 9/20/2022 2:31:21 PM EDT
[#38]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bohr_Adam:


I've got multiple retirement accounts, I just try to keep the balance across the board at as close to 60% Domestic large to mid-cap, 10% Domestic small cap, and 20% international, reshuffling as necessary.

Just about all of my individual shares are one or two stocks, really just for shits and giggles to compare to their performance to the funds.

I can't, won't pretend to read tea leaves. And this keeps me honest.
View Quote
Yeah, that's close to the way I am doing it as well.  Do you do any bond funds?
Link Posted: 9/20/2022 6:54:23 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Theodoric:
Yeah, that's close to the way I am doing it as well.  Do you do any bond funds?
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Theodoric:
Originally Posted By Bohr_Adam:


I've got multiple retirement accounts, I just try to keep the balance across the board at as close to 60% Domestic large to mid-cap, 10% Domestic small cap, and 20% international, reshuffling as necessary.

Just about all of my individual shares are one or two stocks, really just for shits and giggles to compare to their performance to the funds.

I can't, won't pretend to read tea leaves. And this keeps me honest.
Yeah, that's close to the way I am doing it as well.  Do you do any bond funds?


I try to keep about 30 grand in a bond fund for short term contingency stuff, but it's closer to 26K at the moment thanks to this year. Lately I've also started playing with a Vanguard "High Dividend" fund (VYM). But, mostly I've been spending like a drunken sailor - new back porch, solar on the roof, new appliances, etc. Ton a mission to spend before inflation devalues things further.

Link Posted: 9/20/2022 10:36:23 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bohr_Adam:


I try to keep about 30 grand in a bond fund for short term contingency stuff, but it's closer to 26K at the moment thanks to this year. Lately I've also started playing with a Vanguard "High Dividend" fund (VYM). But, mostly I've been spending like a drunken sailor - new back porch, solar on the roof, new appliances, etc. Ton a mission to spend before inflation devalues things further.

View Quote
Smart. We bought cars with cash and built a home with cash before Covid. I almost did a rental property and I'm regretting not pulling the trigger.
Link Posted: 9/21/2022 11:43:08 PM EDT
[#41]
Mfer, almost all of my holdings to include commodity etfs/index funds, oil plays, mining, reits are getting schwacked.

Where in the fuck does a guy keep money?
Link Posted: 9/21/2022 11:46:49 PM EDT
[#42]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Theodoric:
Curious what that is since you seem extremely level headed and rational.
View Quote

In my 401k I put 40% in SP 500, 20 in mid cap, 20 in small cap, 10% international, and 10 percent in a REIT focused fund.
Link Posted: 9/21/2022 11:59:58 PM EDT
[#43]
i really like the fab defense gl core… oh, wait.
Link Posted: 9/22/2022 12:00:35 AM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Chromekilla:
Mfer, almost all of my holdings to include commodity etfs/index funds, oil plays, mining, reits are getting schwacked.

Where in the fuck does a guy keep money?
View Quote


Max out I-bonds, at least those will keep up with inflation. That 20K has been my best "investment" of the year. Should have mentioned that above.

Then buy anything for the house which you've contemplated buying in the next 5 years... up to the point you can afford it, of course. Improvements. Appliances.

Link Posted: 9/22/2022 9:47:52 AM EDT
[Last Edit: Speedwinder] [#45]
I will be looking into laddered CD's. Won't keep up with inflation but will reduce the amount of loss on cash holdings. I am looking for one-year CD's at least 4%, and will continue to buy them every couple of months for a while.

Not a good plan, but best I can come up with to stay liquid until the market starts to come back. After the year I will most likely start to return most of them to cash.
Link Posted: 9/23/2022 12:38:18 PM EDT
[Last Edit: Speedwinder] [#46]
I bought 1-year CD's yesterday at 4.05% to have a place to hold some of my cash. I only invested about 25% of my cash and I will look at the rates on CD's in 90 days or so to determine if I want to buy more CD's. It appears rates will continue up for some time as the Fed tries to get a handle on inflation.

I am still on hold with buying stocks and looking forward to dividends buying shares at reduced prices.

It is my GUESS that the recession will last around one year. Since I have no current need for the money I have in my held stocks, I will simply ride through these times.

I am not suggesting that the next few years will be easy, or that how I invest is the best for any others.
Link Posted: 9/23/2022 4:27:13 PM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Speedwinder:
I bought 1-year CD's yesterday at 4.05% to have a place to hold some of my cash. I only invested about 25% of my cash and I will look at the rates on CD's in 90 days or so to determine if I want to buy more CD's. It appears rates will continue up for some time as the Fed tries to get a handle on inflation.

I am still on hold with buying stocks and looking forward to dividends buying shares at reduced prices.

It is my GUESS that the recession will last around two years. Since I have no current need for the money I have in my held stocks, I will simply ride through these times.

I am not suggesting that the next few years will be easy, or that how I invest is the best for any others.
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This strategy seems to be the consensus. With rates going up many folks (who never wanted to be in the casino in the first place but had no real alternatives) are going to switch over to slow, steady, and safe bonds and CDs for now, especially those who are retired or close to it and don't want to lose sleep and spike their blood pressure worrying about a continual downward spiral in equities.

The dipshits in charge are gutting the economy and destroying the middle class retirement savings as a solution to the inflation problem that they themselves created. All part of the global reset plan to make everyone except the top elites equally miserable, malleable, and beat down? Me thinks so.
Link Posted: 9/24/2022 5:28:30 PM EDT
[#48]
I spent most of the morning reviewing all of my stocks. I currently own 24 different stocks, with the average of 2.95% dividends.

As I did two months ago, I looked at each of my stocks to see that I am still comfortable with the dividend, free cash flow, anticipated growth, and the PE ratio. I decided that I would keep the stocks I currently own and not buy any new stocks for at least several months.

Waiting for the Fed's next rate move to see if I will increase my number of CD's.

Lastly, I need to take advantage of the I-bonds and will do that over the next month.

Right now I think I will go on an "investing" vacation! I still like to hear what others here are doing.
Link Posted: 9/24/2022 5:49:30 PM EDT
[#49]
Bitcoin is a good buy right now. On sale
Link Posted: 9/24/2022 8:58:59 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By StrikeEagle15:
Bitcoin is a good buy right now. On sale
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Lol no.

It’s not.

With each Fed rate hike it just drops.

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