(08-07-2019, 10:17 PM)rayray Wrote:

(08-07-2019, 03:38 PM)fenders53 Wrote:

(08-07-2019, 12:52 AM)rayray Wrote: added to MO and ADM

It's time to put AG back on my watch list.  Thanks for the reminder on ADM.

NP

ADM is one of those really boring like watching paint dry stocks! I wrestle with it at times and then I'm like ok why not...been waiting for it to drop under 39 for a while!

(08-06-2019, 08:46 AM)Otter Wrote: From the limited perspective of the stock market (not taking into account all of the other negative effects, such as layoffs), pre-recession periods are essentially Prime Day for stocks. Get quality stuff at a value that you are happy with. You will never buy in at the absolute bottom. People who bought at the pre-2008 peak were in pretty good shape a decade after the worst recession since 1929. Aristocrats with solid balance sheets are likely to keep increasing their dividends year-on-year. The sky isn't falling, but a sale might be in the works.

(08-08-2019, 02:03 AM)fenders53 Wrote:

(08-06-2019, 08:46 AM)Otter Wrote: From the limited perspective of the stock market (not taking into account all of the other negative effects, such as layoffs), pre-recession periods are essentially Prime Day for stocks. Get quality stuff at a value that you are happy with. You will never buy in at the absolute bottom. People who bought at the pre-2008 peak were in pretty good shape a decade after the worst recession since 1929. Aristocrats with solid balance sheets are likely to keep increasing their dividends year-on-year. The sky isn't falling, but a sale might be in the works.

They are definitely good for long-term investing.  Invest on the way down and back up.  You have to put yourself in a position to continue adding more shares though.  You'll catch some at and very near the bottom which is good enough.  

What's going on now is not recessionary though.  It's a bit of a circus and an intra-day roller coaster ride like I haven't seen lately.  Most of my port is not supposed to oscillate 10% in a week or so, but some of it does..  That was never my plan lol.

(08-08-2019, 08:44 AM)Otter Wrote:

(08-08-2019, 02:03 AM)fenders53 Wrote:

(08-06-2019, 08:46 AM)Otter Wrote: From the limited perspective of the stock market (not taking into account all of the other negative effects, such as layoffs), pre-recession periods are essentially Prime Day for stocks. Get quality stuff at a value that you are happy with. You will never buy in at the absolute bottom. People who bought at the pre-2008 peak were in pretty good shape a decade after the worst recession since 1929. Aristocrats with solid balance sheets are likely to keep increasing their dividends year-on-year. The sky isn't falling, but a sale might be in the works.

They are definitely good for long-term investing.  Invest on the way down and back up.  You have to put yourself in a position to continue adding more shares though.  You'll catch some at and very near the bottom which is good enough.  

What's going on now is not recessionary though.  It's a bit of a circus and an intra-day roller coaster ride like I haven't seen lately.  Most of my port is not supposed to oscillate 10% in a week or so, but some of it does..  That was never my plan lol.

The pronounced 3mo/10yr yield-curve inversion is typically pre-recessionary. If past performance of that indicator is any measure, I suspect we will be in a recession by 2Q 2020.  Market typically begins its drop before the recession is formally declared. 

There's always a bear market somewhere, though. Right now it appears to be tobacco stocks and healthcare stocks with exposure to the opioid/medicare for all headlines. My buy list just gets bigger during recessions.

(08-08-2019, 02:01 PM)stockguru Wrote: I bought a small basket of gold and silver stocks this morning. I see 2000 for gold sometime this year and with a possible recession n the way and more rate cuts this sector should do well.

Also bought some PFE, SCHW and ABBV