Dividend Growth Forum
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: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767

RE: What Did You Buy Today? - fenders53 - 03-12-2020

I found some money under the couch cushions. I seriously hid from myself in ulta-short term bond ETF when I sold NEE last week. I grabbed some UTEs at the open. The price drop was insane. NEE down like another $25 from the close. I'll be early as usual no doubt, but I got something right. NEE down over $60 in about a week.

RE: What Did You Buy Today? - fenders53 - 03-12-2020

(03-11-2020, 05:12 PM)MikeWa Wrote: I've heard a theory that you should invest 30% of your cash with a 10% drop, next 30% after next 10% drop and another 30% after yet another 10% drop.

Nothing wrong with that plan for an extended bear market.  You have to consider your age, your personal risk tolerance,a and your best guess where we are in the business cycle.  It's easy to over think it.

I don't think a young investor should have much cash.  It's a lost opportunity longterm.  Practically zero coming out of the bear, 10% if the bull is years old and valuations stretched.  It really stinks to have no money when the market gets crushed.   I'm close to retirement.  I'll push my luck some at a time like this, but it would be nuts for me to not have enough cash for the first few years of retirement should I need it.  I want 4-5 years to ride out a beat down so my stocks can recover.  That is usually more than sufficient time.

RE: What Did You Buy Today? - fenders53 - 03-12-2020

(03-12-2020, 07:32 AM)vbin Wrote: Any buyers of boing at this price?

Look at BA like an oil purchase last month.  What are the chances it runs to the moon and I miss out?  Eric nailed it.  This is a perfect storm.  There is headwind from every direction.  It doesn't matter what a share used to cost.  All this was not going on. Give a MMM chart a hard look.  It takes time.

RE: What Did You Buy Today? - Kerim - 03-12-2020

(03-12-2020, 09:12 AM)fenders53 Wrote:
(03-11-2020, 05:12 PM)MikeWa Wrote: I've heard a theory that you should invest 30% of your cash with a 10% drop, next 30% after next 10% drop and another 30% after yet another 10% drop.

Nothing wrong with that plan for an extended bear market.  You have to consider your age, your personal risk tolerance,a and your best guess where we are in the business cycle.  It's easy to over think it.

I don't think a young investor should have much cash.  It's a lost opportunity longterm.  Practically zero coming out of the bear, 10% if the bull is years old and valuations stretched.  It really stinks to have no money when the market gets crushed.   I'm close to retirement.  I'll push my luck some at a time like this, but it would be nuts for me to not have enough cash for the first few years of retirement should I need it.  I want 4-5 years to ride out a beat down so my stocks can recover.  That is usually more than sufficient time.

I agree completely, but also have to factor in your own personality and comfort. I'd be worth a lot more right now if I didn't keep such a large amount of my assets in cash. My depression-era father still lurks in me I guess, but I just sleep a lot better with a big cash cushion. And it does come in handy for moments like these!

RE: What Did You Buy Today? - Kerim - 03-12-2020

I'm going to keep buying slowly. Definitely feeling like it is going to get worse before it gets better, but we humans are terrible at these sorts of predictions.

Just added a little DIS, OHI, and RDS.B

RE: What Did You Buy Today? - DividendGarden - 03-12-2020

Added to CSCO. Wish I had more cash to use.

RE: What Did You Buy Today? - kblake - 03-12-2020

added some VTR under $30 wow. Also added to DFS and MMM. Cash is running low. This coronavirus by subside soon lol

RE: What Did You Buy Today? - fenders53 - 03-12-2020

(03-12-2020, 09:51 AM)Kerim Wrote:
(03-12-2020, 09:12 AM)fenders53 Wrote:
(03-11-2020, 05:12 PM)MikeWa Wrote: I've heard a theory that you should invest 30% of your cash with a 10% drop, next 30% after next 10% drop and another 30% after yet another 10% drop.

Nothing wrong with that plan for an extended bear market.  You have to consider your age, your personal risk tolerance,a and your best guess where we are in the business cycle.  It's easy to over think it.

I don't think a young investor should have much cash.  It's a lost opportunity longterm.  Practically zero coming out of the bear, 10% if the bull is years old and valuations stretched.  It really stinks to have no money when the market gets crushed.   I'm close to retirement.  I'll push my luck some at a time like this, but it would be nuts for me to not have enough cash for the first few years of retirement should I need it.  I want 4-5 years to ride out a beat down so my stocks can recover.  That is usually more than sufficient time.

I agree completely, but also have to factor in your own personality and comfort. I'd be worth a lot more right now if I didn't keep such a large amount of my assets in cash. My depression-era father still lurks in me I guess, but I just sleep a lot better with a big cash cushion. And it does come in handy for moments like these!

(03-12-2020, 09:53 AM)Kerim Wrote: I'm going to keep buying slowly. Definitely feeling like it is going to get worse before it gets better, but we humans are terrible at these sorts of predictions.

Just added a little DIS, OHI, and RDS.B

Yes, your personality (personal risk tolerance is huge).  It's easy to talk a good game, but you have to be disciplined.  You don't know what you'll really do until you experience your port in free fall for the first time.  I know that I won't sell out, I know that I'll buy in too soon, every damn time!  I keep cash around for this reason.  I'm about out of cash that I will invest short of a  50% pullback.  I know myself well.  My next trick will be to start re-arranging chairs on the Titanic lol.  I'll start looking for a holding that is only down 15-20%, then peel off a few shares and add it to a holding that is down 50%+ if the market is completely over-reacting short-term. DOW might be an example.  Down about 60%, 10% yield is well covered.  They weren't supposed to grow earnings until 2021 anyway.  Not rational, and neither is major restaurant chains trading for half off because business might be slow for three months. Pretty sure their not actually going out of business if they survived 2008 well enough.

RE: What Did You Buy Today? - kblake - 03-12-2020

added some T and ABBV just now.. Slowly buying lol

RE: What Did You Buy Today? - Kerim - 03-12-2020

If the whole market gets to a 50 percent pullback, I may even just start buying some indexes.

RE: What Did You Buy Today? - fenders53 - 03-12-2020

(03-12-2020, 10:52 AM)kblake Wrote: added some T and ABBV just now.. Slowly buying lol

(03-12-2020, 11:37 AM)Kerim Wrote: If the whole market gets to a 50 percent pullback, I may even just start buying some indexes.

A lot of us here have an S&P 500 based fund on the side.  It's certainly less complicated and generally safer if you decide to play the bounce when the entire market is hammered.  I suspect there is too much liquidity for a 50% off sale, but if you are real cashy you should be wishing for it.   

And Hey Stockguru, remember when you wanted to buy Wendys last week at about $19?  Hopefully I talked you out of it.  I'll pick up a few shares today.  Yeah I know every damn thing is on sale and anything restaurant can keep getting stupider while the market is panicking.  WEN is one of my favorite low dollar stocks with an above average and also reliable dividend.  The chart's busted like everything else.  It's been a great trade for years.  When it gets toppy I just sell a covered call against the shares.  You get about a years worth of extra "dividends" per month until it sells itself out of your port.

RE: What Did You Buy Today? - MikeWa - 03-12-2020

(03-12-2020, 09:51 AM)Kerim Wrote:
(03-12-2020, 09:12 AM)fenders53 Wrote:
(03-11-2020, 05:12 PM)MikeWa Wrote: I've heard a theory that you should invest 30% of your cash with a 10% drop, next 30% after next 10% drop and another 30% after yet another 10% drop.

Nothing wrong with that plan for an extended bear market.  You have to consider your age, your personal risk tolerance,a and your best guess where we are in the business cycle.  It's easy to over think it.

I don't think a young investor should have much cash.  It's a lost opportunity longterm.  Practically zero coming out of the bear, 10% if the bull is years old and valuations stretched.  It really stinks to have no money when the market gets crushed.   I'm close to retirement.  I'll push my luck some at a time like this, but it would be nuts for me to not have enough cash for the first few years of retirement should I need it.  I want 4-5 years to ride out a beat down so my stocks can recover.  That is usually more than sufficient time.

I agree completely, but also have to factor in your own personality and comfort. I'd be worth a lot more right now if I didn't keep such a large amount of my assets in cash. My depression-era father still lurks in me I guess, but I just sleep a lot better with a big cash cushion. And it does come in handy for moments like these!

Like most here I started buying too soon, but who knew? Fortunately, because of our 401k to IRA rollover we had plenty of cash. I am buying very small amounts per transaction and over last two weeks I deployed only about 12% of our cash reserves.
I think I'll keep buying very slowly. I wish I knew what tomorrow, next few weeks and months will bring.

.... or next few minutes???? Dow "only" 950...