(06-14-2021, 03:29 PM)fenders53 Wrote: [quote pid='26739' dateline='1623701480']
Why would fed try to should inflation?

(06-14-2021, 03:29 PM)fenders53 Wrote: [quote pid='26739' dateline='1623701480']
Why would fed try to should inflation?

(06-14-2021, 03:59 PM)fenders53 Wrote: [quote pid='26744' dateline='1623703374']

(06-14-2021, 03:29 PM)fenders53 Wrote: [quote pid='26739' dateline='1623701480']
Why would fed try to should inflation?

Because economies blow up with unchecked inflation?  I was young but the 1970's sucked.  Certain economic statistics have to stay in a reasonable range or it's trouble before long.  Inflation, unemployment and interest are among those important things.

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(06-14-2021, 04:06 PM)Otter Wrote:

(06-14-2021, 03:59 PM)fenders53 Wrote: [quote pid='26744' dateline='1623703374']

(06-14-2021, 03:29 PM)fenders53 Wrote: [quote pid='26739' dateline='1623701480']
Why would fed try to should inflation?

Because economies blow up with unchecked inflation?  I was young but the 1970's sucked.  Certain economic statistics have to stay in a reasonable range or it's trouble before long.  Inflation, unemployment and interest are among those important things.

The 1970s were a unique combination of Nixon taking the Dollar out of Bretton Woods to create the Petrodollar in 1971, and an exogenous shock to the entire economy from the OPEC embargo suddenly raising the price of every conceivable input for sustained periods.

The temporary supply chain disruptions from Covid are not in the same ballpark.

Also, the thought that capital intensive industries like agriculture/mining/etc. are going to perform better than other equities in a sustained inflationary environment is laughable. Find a cash-flow positive software company with solid double-digit YoY growth figures, and that's what will really shine. Low overhead and high margins will continue to outperform. Don't let CNBC scare pieces trick you into buying low-growth commodities while they are high.

(06-14-2021, 04:13 PM)ken-do-nim Wrote: The money forum that I used to frequent before this one had an "elder statesman" poster who advocated that for at least 80% of investors, they'd be better off just holding SPY.

(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(06-14-2021, 03:45 PM)ChadR Wrote: Thanks Fenders.  The wife and I will enjoy a much needed vacation.  Expect it to still be here and hopefully giving out lots of bargains when we get back.

(06-14-2021, 04:24 PM)fenders53 Wrote:

(06-14-2021, 04:13 PM)ken-do-nim Wrote: The money forum that I used to frequent before this one had an "elder statesman" poster who advocated that for at least 80% of investors, they'd be better off just holding SPY.

Their is compelling evidence to suggest that is true.  It applies to mutual fund managers as well. 

(06-15-2021, 08:14 AM)ken-do-nim Wrote: I'm going to shake things up a bit today in the Taxable account.  I really want to get to $6000 annually in dividends which comes out to, on average, $500/month, which is the amount I want to spend on vacations per year now that Covid is largely over (at least in America).  This means I need to cut out some of the pure growth and low yield equities I have.  The ROTH is my pure growth strategy home anyway.  I believe this means I need to reach an account yield of 3.125%.