(11-07-2018, 05:07 PM)divmenow Wrote: AAPL will come back. The thing I don't like going forward is they are getting away from reporting iPhone sales. That was something I needed to see every quarter.

On another note there are still some good buyS in this market despite the run-up in recent weeks.

CVS, D, QCOM, BP, OXY, WSO, ABBV, ETN, AXP, HRS, AOS, CCL

I had a lot more on my list but they have run up too fast now lol

Those are my buy low candidates.

(11-09-2018, 09:37 AM)saimash Wrote: Guys, what are your thoughts about investing in BUD... I had bought 50 shares @ 87.96 and it is down to nearly 74.5$ today (since they declared that they would cut dividends to offset the burden of their SAB Miller acquisition)... I was thinking of putting a Limit Order of $72.5 for 50 more shares to Dollar-cost-Avg... Would it be a STUPID decision to do that ?

(11-09-2018, 09:45 AM)EricL Wrote:

(11-09-2018, 09:37 AM)saimash Wrote: Guys, what are your thoughts about investing in BUD... I had bought 50 shares @ 87.96 and it is down to nearly 74.5$ today (since they declared that they would cut dividends to offset the burden of their SAB Miller acquisition)... I was thinking of putting a Limit Order of $72.5 for 50 more shares to Dollar-cost-Avg... Would it be a STUPID decision to do that ?

Not a fan of BUD at all. They overpaid for SAB Miller and are getting killed by local micro-brews. 

Consumer's tastes are changing, I don't see much growth in the big brewers.

(11-10-2018, 11:13 AM)fenders53 Wrote: I am preaching to myself as much as anyone else here but I really feel we have to look at the consumer non-durables with eyes wide open.  When I was young it was just inconceivable to think a brand like Coke, Heinz, Anheuser-Busch, Miller, Phillips Morris,  Colgate, Kelloggs or even Proctor & Gamble could be anything short of dominant in their industry in my lifetime.  EVERYTHING changes when the margins come under pressure.  These are the stocks we are attracted to because of their reliable dividends.  GE, ATT and Sears were also no-brainers.  I'm no longer so confident even five years forward.  I am keeping my bets small in any company that doesn't have a significant moat  to defend their turf.  We collectively seem to be good about diversification and I think that is going to be FAR more important going forward.  It's clear the ability to afford national advertising is nowhere near enough.   Finding the dominant companies of 2030 now is our challenge.

(11-10-2018, 01:18 PM)divmenow Wrote:

(11-10-2018, 11:13 AM)fenders53 Wrote:

Well said and your 100% accurate. Times have sure changed. No one wants the boring names or brands who's growth has continue to slow. Everyone these days wants tech and the high flyers. The FANG ect. That's where all the growth is. At the same time those high beta growth stock are the first to go down big when the market corrects, but the first to recover when it goes up. But you still have to own some of those boring high yield stock. Just not overweight in them. 

I will never own T in my portfolio. Just too much debt and the dividend even at 6% isn't enough to move it up over time. It has done nothing in the last 5 years.  I much prefer VZ which is why I own that.  KO, BUD, HNZ, CL, K I don't own either. PEP I do because of the market shares and snack food. This is why I prefer names like AEP, D and XEL. You get better dividends then consumer stocks and everyone needs electric so have no choice lol

My investments have always been will this company be around in 10 years and who is there competition. AAPL, HD, BA, CVX, JNJ, D, MA, PEP, MCD and UNH are my top holdings. Some I have owned since 1990. I try and buy high quality over names that only pay a good yield.

(11-10-2018, 05:48 PM)fenders53 Wrote:

(11-10-2018, 01:18 PM)divmenow Wrote: Well said and your 100% accurate. Times have sure changed. No one wants the boring names or brands who's growth has continue to slow. Everyone these days wants tech and the high flyers. The FANG ect. That's where all the growth is. At the same time those high beta growth stock are the first to go down big when the market corrects, but the first to recover when it goes up. But you still have to own some of those boring high yield stock. Just not overweight in them. 

I will never own T in my portfolio. Just too much debt and the dividend even at 6% isn't enough to move it up over time. It has done nothing in the last 5 years.  I much prefer VZ which is why I own that.  KO, BUD, HNZ, CL, K I don't own either. PEP I do because of the market shares and snack food. This is why I prefer names like AEP, D and XEL. You get better dividends then consumer stocks and everyone needs electric so have no choice lol

My investments have always been will this company be around in 10 years and who is there competition. AAPL, HD, BA, CVX, JNJ, D, MA, PEP, MCD and UNH are my top holdings. Some I have owned since 1990. I try and buy high quality over names that only pay a good yield.

[quote pid='15495' dateline='1541873889']

You just listed about 7 of my core holdings in your top holdings.    Anyone else that wants to jump into this conversation please do whether you agree or not.   I think it's important we discuss it and not lead a 20yr old down the wrong path.   

I am OK with the high yielders in moderation but I have free time to game them.  Especially KHC.  Own a hundred shares and collect the DIV.  Sell a put and a call most every month when it swings a few bucks up and down.  I'm "cashing" 2-3 checks a month on KHC and the share price is rarely more expensive than I paid for it.  Just a conservative income game that works well on a high yielder not in free fall.  The not in free fall part is important.    I wouldn't  feel comfortable owning 1000 shares of most old school consumer durable stocks. 

Most of us here seem to like the utilities, but I wouldn't advise anybody to load up the truck if they were starting a port today as they are historically expensive and the FED almost certainly raising rates.  Some have PEs similar to tech stocks.  I will continue to average into them as I fatten the positions up.  With some patience I absolutely agree utes are superior to consumer non-durables on a risk/reward basis.  If a ute gets in trouble and cuts the DIV, they'll apply for a rate hike and the DIV will be back soon.  With some patience I absolutely agree utes are superior to consumer non-durables on a risk/reward basis.  I think back to an investment club I was a member of 25 years ago.  All extremely solid companies, and mostly consumer non-durables.  By the time you subtract the losers I doubt the port outperformed utilities.  I really only feel compelled to own most of those stocks after a very severe market correction, not when they drop simply because they are struggling, which is becoming too common.  They've been overpriced for most of my investing career.