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 - 10-10-2018

(10-09-2018, 09:24 PM)vbin Wrote:
(10-09-2018, 12:12 PM)fenders53 Wrote:
(10-09-2018, 10:06 AM)vbin Wrote: Added AAL.

Are they down due to bond prices or very expensive fuel the next year or so?  I haven't followed airline stocks lately.


Expensive fuel

Thanks, that's what I thought.  They tend to run very contrary to oil stocks.   Both industries have boom and bust balance sheets trouble when oil prices rise or fall. I took a glance at AAL and your dividend seems secure enough.

A bit of blood in the streets today. Some of my oil stocks sure took a beating today. It's been a good week to be in DGI rather than high flying tech as it could certainly be worse. I did some nibbling today on new positions I intend to keep fairly small for now due to lower dividends or higher valuations (IMO anyway). Added DIS-AAPL-BAC, and a third share of of AMZN. Added to a few ETFs including S&P, S&P 600 smallcap and several DIV Growth oriented ETFs. Trying to be patient nd not deploy all my cash too fast in case this gets much worse.


What Did You Buy Today? - vbin - 10-11-2018

Added VWO, STWD, AAL, BABA(non-div), TCEHY(non-div), NKE.

What are some of the stocks people here think are coming into buy territory ? Would be great to hear opinions from more savvy and experienced folks.


RE: What Did You Buy Today? - Otter - 10-11-2018

Added a little to my existing position in BIP this morning.


RE: What Did You Buy Today? - fenders53 - 10-11-2018

(10-11-2018, 02:36 AM)vbin Wrote: Added VWO, STWD, AAL, BABA(non-div), TCEHY(non-div), NKE.

What are some of the stocks people here think are coming into buy territory ? Would be great to hear opinions from more savvy and experienced folks.

This may sound like generic advice but after enduring about 20 of these real bad stock market days I start with what NOT to do.  The market can be very irrational for a time.  Here are a few of my rules.  I'm not perfect but I mostly abide. 

-BUY QUALITY as there is no need to buy anything less now.  If the company had potential fleas last month they still have them now.  (Chip stocks).  Investors (and traders) will flock to the good companies  that are not likely to report disappointing earnings next month.  Missing earning by much will be devastating to share price when there are better less risky options now.

-If you chase a high flier go very slow on the way down.   I have been buying a single share of AMZN most every day for awhile.  My commissions are $2 so that makes it easier.  Be very wary of falling knife stocks.   I'd like some BABA but no chance I jump in yet.  There is a reason it is falling so hard, but the longterm future seems bright.  It's a good company when China get's their economy and stock market out of freefall.

-There will likely be a flight to value soon.  Good companies with a good DIV.   It's likely healthcare stocks will be pretty strong as they are defensive.  They aren't on sale so much now but their is a reason.

-Spreading my bets out for sure.  At least small investments in my various ETFs.  l expected this and was very cashy.  Added to my Index funds yesterday.  S&P 500 and S&P 600 smallcap.  Small caps are taking a bad beating lately.  They won't likely recover fast.  

As I already mentioned I started some new smaller positions in large caps I haven't owned for a long time.      

I think consumer staples, financials, insurance, and the leaders in other industries are as safe as it gets.  I sold my utilities on the spike and will get back in soon enough.  It is completely irrational that they spiked this week, and especially yesterday.  A 3.5% dividend isn't going to save you in a rising interest environment.  Not for long at elevated utility stock prices anyway.  I predict they will pull back pretty hard when the market stops being so scared. 
   
Be aware of the China trade fight in all decisions.  Some companies are at extreme risk of being hurt.  A lot of industrials are at risk for now.  Should create a nice buying opportunity soon  but most are still too expensive.

Not comfortable with my oil stock purchases but I am in or now.  May or may not be a nice buying opportunity now but I am in at a little higher price.

Today I am nibbling on some HD, some more healthcare soon.  I continue to go slow as who knows when this ends for sure?  This is not the "big correction" in my opinion.  Economy is still strong.


RE: What Did You Buy Today? - fenders53 - 10-11-2018

Added MCD-HD and my daily share of AMZN this morning.  I don't find them particularly undervalued now, but they are blue chips on a dip, recent analyst upgrades and/or dividend increases, with safe earnings coming IMO.


RE: What Did You Buy Today? - stockguru - 10-12-2018

I added some MCD, UTX and ORI


RE: What Did You Buy Today? - Otter - 10-12-2018

Closed out a position in OHI for a modest gain. Took the proceeds and added to my stake in KMB.


RE: What Did You Buy Today? - EricL - 10-12-2018

Not a dividend stock, but I bought some shares of SQ in my trading account this morning.

~30% off its recent all-time high.


RE: What Did You Buy Today? - crimsonghost747 - 10-12-2018

Curious to know why you let go of OHI at this point? I'm aware of the issues they have but now that people are starting to panic again I think a high yielding healthcare REIT is not a bad place to keep some money in.

I'm horrible at timing but so far this seems ok. At the open I bought RTN puts @ 190 for next week's Friday. Purely a protective play, let's see how it goes.
I'll probably do half of my monthly buys on Monday and the other half later on depending on where the market seems to be heading.


RE: What Did You Buy Today? - Otter - 10-12-2018

(10-12-2018, 11:53 AM)crimsonghost747 Wrote: Curious to know why you let go of OHI at this point? I'm aware of the issues they have but now that people are starting to panic again I think a high yielding healthcare REIT is not a bad place to keep some money in.

I'm horrible at timing but so far this seems ok. At the open I bought RTN puts  @ 190 for next week's Friday. Purely a protective play, let's see how it goes.
I'll probably do half of my monthly buys on Monday and the other half later on depending on where the market seems to be heading.

I had a modest long-term gain on my holding, which goes back to 2016. They paid me a nice dividend during that time period, which I invested into a number of other holdings. My overall portfolio weight in the REIT sector was slightly higher than I wanted (already own O, NNN, FRT, SKT, WPC). Credit rating is BBB- (I typically want BBB+ or better when making a purchase). FFO and FAD guidance were recently adjusted downwards by OHI, with FAD now at at an estimated range of $2.67-$2.74 per share. This guidance leaves almost no margin for error for a company paying a $2.64 annual dividend, and with current forecast growth prospects essentially flat. I do not view the OHI dividend as having a high margin of safety or any meaningful near-term growth prospects.

On the other hand, KMB has a 46-year history of dividend raises, is trading near the top-end of its historical yield range, has an A credit rating, has averaged roughly 6.5% annual dividend growth over a 5 and 10-year period, and its 80% payout ratio, whilst not exceptional (I typically like below 75%), is fine for a boring consumer staples company with steady cash flows that have grown consistently over the long term (despite year-to-year variation). KMB is a SWAN, OHI is not. I'm okay with trading a bit of  yield for consistency and stability.


RE: What Did You Buy Today? - Otter - 10-12-2018

(10-12-2018, 11:51 AM)EricL Wrote: Not a dividend stock, but I bought some shares of SQ in my trading account this morning.

~30% off its recent all-time high.

Only non-divvy stock I own. Started my position at $35. Increased my stake by 20% yesterday when it dipped into the $66.50 range. This is the one "I have a gut feeling" stock I allow myself to purchase, which doesn't pay me quarterly to hold on. Truly think that in a couple decades, could look back on it as being an AMZN or AAPL growth story. Could also be wrong. Not a huge overall component of my present portfolio, but it could be down the road if it continues to go beast mode with the growth.


RE: What Did You Buy Today? - EricL - 10-12-2018

(10-12-2018, 12:16 PM)Otter Wrote:
(10-12-2018, 11:51 AM)EricL Wrote: Not a dividend stock, but I bought some shares of SQ in my trading account this morning.

~30% off its recent all-time high.

Only non-divvy stock I own. Started my position at $35. Increased my stake by 20% yesterday when it dipped into the $66.50 range. This is the one "I have a gut feeling" stock I allow myself to purchase, which doesn't pay me quarterly to hold on. Truly think that in a couple decades, could look back on it as being an AMZN or AAPL growth story. Could also be wrong. Not a huge overall component of my present portfolio, but it could be down the road if it continues to go beast mode with the growth.

I agree. We've been buying it in our investment club since around $30. This is my first purchase in an individual account.