What Did You Buy Today? - Printable Version +- Dividend Growth Forum (http://DividendGrowthForum.com) +-- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=15) +--- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=33) +--- Thread: What Did You Buy Today? (/showthread.php?tid=699) Pages:
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RE: What Did You Buy Today? - fenders53 - 01-31-2020 Continuing to add to my brand new MMM position, VERY SLOWLY. literally a few shares at a time until it finds anything resembling a bottom. I've been waiting for a bad earnings report from CAT. this one is close enough and I'll start nibbling. not that I am bullish industrials, but I am way underweight and this looks like an OK time to start, and hope they correct further. I've been playing DAL and AAL some selling puts and buying them back when they rebound a day later. DAL is the one I actually want to own long so I am wading in very soon. Very well run airline. RE: What Did You Buy Today? - divmenow - 01-31-2020 Added to XOM, ABBV, V and PM RE: What Did You Buy Today? - desidividend - 01-31-2020 added MMM,DFS,WRK RE: What Did You Buy Today? - fenders53 - 01-31-2020 Added a few more shares to LMT CBRL BMY HON ARCC BGR MMM CAT BP BGR I love free commissions on days like this. New but small positions in TGT DAL OLN Sold a few puts in BP BWA DAL. This oil beat down is getting overdone Not like everything was ridiculously cheap today but I needed to get a little less cashy. RE: What Did You Buy Today? - divmenow - 01-31-2020 Damn China.. Your killing us ughh!! lol RE: What Did You Buy Today? - Kerim - 01-31-2020 (01-31-2020, 03:03 PM)fenders53 Wrote: This oil beat down is getting overdone Yeah. Just added a little XOM. RE: What Did You Buy Today? - rayray - 01-31-2020 again, more XOM RE: What Did You Buy Today? - MikeWa - 01-31-2020 Added to XOM, CVX, KHC, WMB, APLE RE: What Did You Buy Today? - fenders53 - 01-31-2020 (01-31-2020, 03:43 PM)Kerim Wrote:(01-31-2020, 03:03 PM)fenders53 Wrote: This oil beat down is getting overdone As much as I am not an XOM fan anymore, I think you guys will be OK buying here. If I have any sense, (up for debate lol) I am fully invested in BP after this week. I really do like the oil ETF I found. BGR owns all the majors. You can get punched in the face five times during earnings season instead of once. The 7%+ Div is going to save me for sure lol RE: What Did You Buy Today? - vbin - 01-31-2020 (01-31-2020, 04:12 PM)fenders53 Wrote:I started buying XOM at $80. Current avg price $71.4. Only return has been dividends and option credits. With my puts assigned next week, average price might come down to $69 and change. Not very happy overall. I do hope XOM runs in 2020 as I am too overweight here and would like to rebalance at little. I am optimistic aswell on XOM about 2020 and beyond.(01-31-2020, 03:43 PM)Kerim Wrote:(01-31-2020, 03:03 PM)fenders53 Wrote: This oil beat down is getting overdone RE: What Did You Buy Today? - fenders53 - 01-31-2020 (01-31-2020, 04:38 PM)vbin Wrote:Not a good time to be "overweight" oil the with the commodity far from a potential bottom if the economy truly stumbles at all. I'm at about 3% of total port and that is bad enough. My confidence in the sector was shattered long ago but the recent prices lured me in for a midterm swing trade. We should probably chat about rolling puts forward. I sell 300-400 options a year. The vast majority expire worthless but I am no stranger to positions in peril for sure. I always have a couple going sideways. I rarely get assigned. We should probably chat about rolling options forward. That often makes good sense. I am a PM away if you'd like to discuss it.(01-31-2020, 04:12 PM)fenders53 Wrote:I started buying XOM at $80. Current avg price $71.4. Only return has been dividends and option credits. With my puts assigned next week, average price might come down to $69 and change. Not very happy overall. I do hope XOM runs in 2020 as I am too overweight here and would like to rebalance at little. I am optimistic aswell on XOM about 2020 and beyond.(01-31-2020, 03:43 PM)Kerim Wrote:(01-31-2020, 03:03 PM)fenders53 Wrote: This oil beat down is getting overdone In any event I'd like to hope the worst of it should be over in a few weeks. The flu epidemic isn't helpful, but I don't see extreme risk the global economy won't rebound with the free money environment. But oil majors are not DGI stocks anymore. They are high Div stocks and no safer than the rest of them for capital preservation. Little different than just trading the commodity. The opportunity cost of holding as if they are a DGI stock has been enormous. RE: What Did You Buy Today? - divmenow - 02-03-2020 Added more XOM |