I like those LHX adds. It was a good company before, but if the aerojet deal goes through then it'll be an even better company. I'll probably add to my position sometime soon.
Today I bought some BIP. This one is starting to be too cheap soon.
added DVN LNG, LHX, WSO and BMY
Hi all and merry Christmas. Sorry I haven't been active on the forums but I haven't been able to invest in quite some time. Due to child support increases, I pull the majority of my dividends into my checking account to balance the budget. That should end by June, when my ex should have a job; assuming she passes the bar exam on the first try.
It wll be interesting to see what the investing landscape looks like by mid 2023! I will mostly be dollar cost averaging down my losses then, I imagine.
(12-26-2022, 08:40 AM)ken-do-nim Wrote: [ -> ]Hi all and merry Christmas. Sorry I haven't been active on the forums but I haven't been able to invest in quite some time. Due to child support increases, I pull the majority of my dividends into my checking account to balance the budget. That should end by June, when my ex should have a job; assuming she passes the bar exam on the first try.
It wll be interesting to see what the investing landscape looks like by mid 2023! I will mostly be dollar cost averaging down my losses then, I imagine.
Nice to hear from you Ken. Hard to say what 2023 brings. I am not too optimistic for the first few quarters but things change.
Hey-ooo. Yeah, my crystal ball has been especially cloudy lately. Mostly I've dealt with this by sitting tight. Nibbling a very few shares here and there -- mostly averaging down in underwater positions. Dividend income holding pretty steady, which I guess is one of the main reasons we do this!
as long as one is in the accumulation phase these times usually work out well, with time and patience
(12-26-2022, 02:55 PM)rayray Wrote: [ -> ]as long as one is in the accumulation phase these times usually work out well, with time and patience
Yes, thank goodness I took this beating with 10-15 years to go until retirement.
My dividend income has been a bit of a yo-yo.
RIO,
VALE, and
BX all reduced their dividends over the course of 2022, while my "big 3" quarterly payers
FSK (1/4/7/10),
HTGC (2/5/8/11), and
ARCC (3/6/9/12) all increased their dividends substantially. Others like
ECC and
RQI are giving bonus payouts. I've also dipped my toe into the ginormous dividend payer
ZIM (another 3/6/9/12) which fluctuates a lot each quarter (while its price has fallen precipitously!). Right now none of my months are less than $600, so I have
SCHD on automatic purchase for $200, another $400 goes to checking, leaving me nothing extra in the lean months, but 3/6/9/12 still has another $500 - $800 or so leftover. I will probably focus on down-trodden tech for a while with those funds, as well as cautiously add more
ZIM.
(12-26-2022, 01:30 PM)Kerim Wrote: [ -> ]Hey-ooo. Yeah, my crystal ball has been especially cloudy lately. Mostly I've dealt with this by sitting tight. Nibbling a very few shares here and there -- mostly averaging down in underwater positions. Dividend income holding pretty steady, which I guess is one of the main reasons we do this!
Yes indeed, this is exactly the reason why I chose to go with DGI.
As most of you may remember, this was my first year (well most of it anyway) in retirement. And it certainly was a dodgy one when looking at my portfolios performance. However, so far there hasn't been a single dividend cut so I'm not worried at all, quite the opposite actually.
Also, having a pretty large cash balance really gives me some peace of mind in times like these. Though of course with this inflation it's not really a smart move to have too much cash for too long.
(12-27-2022, 02:57 AM)crimsonghost747 Wrote: [ -> ] (12-26-2022, 01:30 PM)Kerim Wrote: [ -> ]Hey-ooo. Yeah, my crystal ball has been especially cloudy lately. Mostly I've dealt with this by sitting tight. Nibbling a very few shares here and there -- mostly averaging down in underwater positions. Dividend income holding pretty steady, which I guess is one of the main reasons we do this!
Yes indeed, this is exactly the reason why I chose to go with DGI.
As most of you may remember, this was my first year (well most of it anyway) in retirement. And it certainly was a dodgy one when looking at my portfolios performance. However, so far there hasn't been a single dividend cut so I'm not worried at all, quite the opposite actually.
Also, having a pretty large cash balance really gives me some peace of mind in times like these. Though of course with this inflation it's not really a smart move to have too much cash for too long.
My cap goes off to all of you who retired recently, and didn't have to un-retire.
Took a big position in BILS. I will live off the dividend for the next 2-3 years and take the guarantee rather then invest in stocks. Just no reason to throw away money these days!
Sold out of nvda PayPal, swks for tax loss harvesting. Hopefully can buy them back here or cheaper in a month