(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.

(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. 

(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 

(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.