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05-12-2020, 01:05 PM
(This post was last modified: 05-12-2020, 01:06 PM by fenders53.)
(05-12-2020, 12:52 PM)MikeWa Wrote: (05-12-2020, 11:55 AM)fenders53 Wrote: Purchased a few more shares of WELL to round it up to 200 shares, so a decent sized position for my port. Sold another O put at strike 50 that expires Friday. I have this bad feeling I am walking into a REIT trap. Just trying to get into FRT and O for now. If I am going to get stuck it might as well be something I can ride out for years. The highish premium options I am selling keep expiring worthless so in the end I should have an OK basis if this goes bad. I half expect that outcome. Hopefully it's just the weaker REITs scaring the market into too good to be true premiums.
I also added to WELL today. Don't think there will be anything wrong with senior housing long term.
I won't be shook out. The need isn't going away. If the over-all market pulls back I might add a few more shares. Going very slow has been a good plan lately, whether adding or trimming.
Added a few shares to my safer UTEs. XEL-AEP-WRTG. Literally just a few hundred bucks here and there. Industries pulling back will affect their revenue but Divs are safe IMO. That will become attractive soon enough. 175 companies have cut their Div 50% or more and I suspect this is not over for another quarter when the economy reality meets the stock market.
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(05-12-2020, 11:38 AM)fenders53 Wrote: (05-12-2020, 11:26 AM)divmenow Wrote: added some cloud and cyber security names. I was very underweight in tech
Bought some WORK, CRWD, PANW and a cloud ETF
Just have to face the times where in. Tech is where the growth is. No one wants value anymore. I have plenty dividend stocks. But It took me a while to realize I have to mix in a few other kind of investments as well.
I agree and I am too late until the market gets a little bit sober. If I didn't also own indexes I would have completely missed out other than AMZN. The dividend chopping party is going to do harm to our DGI strategy for a good while IMO. Many of them have no choice, but those who cut unnecessarily are going to pay a price in the PE awarded to them going forward. Some of the aristocrats don't seem quite so over-valued now that it hit the fan.
Do you mostly intend to trade those techs or make some of them core holdings? Either way is OK of course. I just find it helpful information since I follow you like Warren Buffett.
No these will be long term holds. The cloud and cyber industries have lots of growth ahead. It's just getting started. And with the corona virus these kind of companies will get even bigger and more contracts going forward once the pandemic is over.
I went small today and will add to those names over time and on dips.
And yes core holdings
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05-12-2020, 01:44 PM
(This post was last modified: 05-12-2020, 01:45 PM by MikeWa.)
(05-12-2020, 01:13 PM)divmenow Wrote: (05-12-2020, 11:38 AM)fenders53 Wrote: (05-12-2020, 11:26 AM)divmenow Wrote: added some cloud and cyber security names. I was very underweight in tech
Bought some WORK, CRWD, PANW and a cloud ETF
Just have to face the times where in. Tech is where the growth is. No one wants value anymore. I have plenty dividend stocks. But It took me a while to realize I have to mix in a few other kind of investments as well.
I agree and I am too late until the market gets a little bit sober. If I didn't also own indexes I would have completely missed out other than AMZN. The dividend chopping party is going to do harm to our DGI strategy for a good while IMO. Many of them have no choice, but those who cut unnecessarily are going to pay a price in the PE awarded to them going forward. Some of the aristocrats don't seem quite so over-valued now that it hit the fan.
Do you mostly intend to trade those techs or make some of them core holdings? Either way is OK of course. I just find it helpful information since I follow you like Warren Buffett.
No these will be long term holds. The cloud and cyber industries have lots of growth ahead. It's just getting started. And with the corona virus these kind of companies will get even bigger and more contracts going forward once the pandemic is over.
I went small today and will add to those names over time and on dips.
And yes core holdings
These are very good names. Check also CRM. This company still has a lot of potential and growth ahead.
-- I don't own it but know Salesforce from the professional experience
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05-12-2020, 02:09 PM
(This post was last modified: 05-12-2020, 02:10 PM by fenders53.)
Sold a KO 44 strike put expires 6-5 just before ex-Div. I am going to miss these days when I can get 2% yield in a month trying to get sucked into a blue chip about to pay a dividend. KO at sub 20 PE is fairly rare the past 20 years. I'll keep a KO put in play until it happens. I know this is boring to read lol.
Bought a bit of WPC and OMC buy order was triggered at 5% yield.
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108 more 737 Max cancellations for BA. Glad I trimmed almost anything related to commercial air. We need an important news of the day thread.  Some of my favorite industrial airline parts suppliers are going to be good buys before long.
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Added to WFC this morning.
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05-13-2020, 09:46 AM
(This post was last modified: 05-13-2020, 09:57 AM by divmenow.)
Must be nice to be the former CEO of T LOL
EX CEO taking home $274K per month for life
Must be nice. This is why this stock will always be a dud and I don't invest in lol
Tech on fire again and the rest of the market is left behind.
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(05-13-2020, 09:46 AM)divmenow Wrote: Must be nice to be the former CEO of T LOL
EX CEO taking home $274K per month for life
Must be nice. This is why this stock will always be a dud and I don't invest in lol
Tech on fire again and the rest of the market is left behind.
Yeah I read that about the Ex Ceo. Crazy. Maybe they should think about paying down all that debt instead of rewarding a CEO who did nothing for shareholders. I know T had a nice yield but it has been dead money for years. I would much rather be in a stock like PFE
Anyway added a few name today. LMT and BMY and and took your advice and bought a few cloud names WORK and CRWD one DOCU which is one I have been watching. I think your right. Everyone wants growth these days. Look at robinhood and see what all these young guys are investing in now .
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yes added AMP since last 3 days
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