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? - kblake - 04-16-2021

(04-16-2021, 08:26 AM)EricL Wrote:
(04-15-2021, 11:33 PM)divmenow Wrote:
(04-15-2021, 10:55 PM)fenders53 Wrote:
It's getting tougher.  Being all in if your entry is recent comes with considerable risk of waiting years to get back to even.  We'll get a dip before long and see what happens.  Everyone is programmed to buy a dip. That probably works a while longer.  Earnings might make it a sector thing.

The market is over valued by 34.8 percent right now. I have the graphs and proof just how extended these valuations really are lol.  I don’t need to sell everything and go 100% cash.  Even if we drop 20% here I’m protected and my loss would be minimal. I’m protected and rebalanced to survive a big correction. So they could go to zero and I’m fine lol. My cash is earning .70% each month and that earns me enough where I’m happy while it wait. I am all about a correction. It’s needs to bring new money in .  And they need to flush people out. It will be healthy and much needed. It’s just a matter of when. 

Some sectors are already in bear territory. The dividend stocks will be next to retreat.  Those lofty levels can’t be supported.  The S&P is now priced for 2023 and beyond.  I don’t have the why and why not answer.  I’m just going by instincts. I can remember when the pandemic hit and at the time I lightened up and went 70% cash. That turned out to be a great idea and got back in at or near the lows.  Now we’re way up and when near bankrupt companies are at all time highs. That’s scary to process lol . Just think about stocks like SIX, RRGB ect. The list is mile long. These companies are in trouble and won’t survive yet they get bid up.  Lucky those investors for now lol

That’s all for now. We will see if the Bears attack or the bull keeps charging  lol 

Can you run that chart again and include interest rates with it? You can't really compare valuations now against against those from 30-50 years ago because we are in a completely different business and fiscal environment now than we were then.

Interest rates from the 70's-80's were over 10%, hitting as high as 20% in 1979. Think that skews the mean a bit?



We also didn't have the fed and fiscal programs pumping trillions upon trillions of dollars into the system like we do now.

Global interest rates are at or below zero around the globe now, bonds yield 1% or less.

Where else can people go to get a return on cash other than the stock market?

I'm not saying that things aren't overvalued, because there are plenty examples of things that are. But I have a hard time saying the overall market is overvalued by a certain percentage, when we are living in much different conditions than most of recent history.

A 1% bond yield is roughly the same return on investment as a 100 PE. Neither is a very attractive option, but at least you get the possibility of growth with the PE.
Where else can people go to get a return on cash other than the stock market?

That's the problem right there and that's why people just think buy anything and it will go up and you will make money Big Grin .

And there are other ways to make money. Buy property, buy rentals, corporate bonds, art work, crashproof lol. 

But lets get real for a second. Were over valued. Period. You can say the market will keep going up, and it may very well do so. But a correction is coming. You already seeing those hyped stocks get hammered. What's happening is people are selling those PLUG, TLRY CRSP of the world and buying dividend stocks. At some point money will come out of safety and back into the tech growth names. Rotation, rotation 

Things will not open as fast as one thinks. It will take years before we got back to normal activates. And business cant even hire people because no one wants to work. And why work when you can sit home and get paid for sitting on your couch  Big Grin

I too am being cautious going forward. I sold names and bought 3 rental properties for monthly income. Renting to college students right now. my stocks are at 30%, bonds 20% and 40 cash and the rest in properties. I will stay that way for a while.


RE: What Did You Buy Today? - stockguru - 04-16-2021

(04-16-2021, 09:03 AM)kblake Wrote:
(04-16-2021, 08:26 AM)EricL Wrote:
(04-15-2021, 11:33 PM)divmenow Wrote:
(04-15-2021, 10:55 PM)fenders53 Wrote:
It's getting tougher.  Being all in if your entry is recent comes with considerable risk of waiting years to get back to even.  We'll get a dip before long and see what happens.  Everyone is programmed to buy a dip. That probably works a while longer.  Earnings might make it a sector thing.

The market is over valued by 34.8 percent right now. I have the graphs and proof just how extended these valuations really are lol.  I don’t need to sell everything and go 100% cash.  Even if we drop 20% here I’m protected and my loss would be minimal. I’m protected and rebalanced to survive a big correction. So they could go to zero and I’m fine lol. My cash is earning .70% each month and that earns me enough where I’m happy while it wait. I am all about a correction. It’s needs to bring new money in .  And they need to flush people out. It will be healthy and much needed. It’s just a matter of when. 

Some sectors are already in bear territory. The dividend stocks will be next to retreat.  Those lofty levels can’t be supported.  The S&P is now priced for 2023 and beyond.  I don’t have the why and why not answer.  I’m just going by instincts. I can remember when the pandemic hit and at the time I lightened up and went 70% cash. That turned out to be a great idea and got back in at or near the lows.  Now we’re way up and when near bankrupt companies are at all time highs. That’s scary to process lol . Just think about stocks like SIX, RRGB ect. The list is mile long. These companies are in trouble and won’t survive yet they get bid up.  Lucky those investors for now lol

That’s all for now. We will see if the Bears attack or the bull keeps charging  lol 

Can you run that chart again and include interest rates with it? You can't really compare valuations now against against those from 30-50 years ago because we are in a completely different business and fiscal environment now than we were then.

Interest rates from the 70's-80's were over 10%, hitting as high as 20% in 1979. Think that skews the mean a bit?



We also didn't have the fed and fiscal programs pumping trillions upon trillions of dollars into the system like we do now.

Global interest rates are at or below zero around the globe now, bonds yield 1% or less.

Where else can people go to get a return on cash other than the stock market?

I'm not saying that things aren't overvalued, because there are plenty examples of things that are. But I have a hard time saying the overall market is overvalued by a certain percentage, when we are living in much different conditions than most of recent history.

A 1% bond yield is roughly the same return on investment as a 100 PE. Neither is a very attractive option, but at least you get the possibility of growth with the PE.
Where else can people go to get a return on cash other than the stock market?

That's the problem right there and that's why people just think buy anything and it will go up and you will make money Big Grin .

And there are other ways to make money. Buy property, buy rentals, corporate bonds, art work, crashproof lol. 

But lets get real for a second. Were over valued. Period. You can say the market will keep going up, and it may very well do so. But a correction is coming. You already seeing those hyped stocks get hammered. What's happening is people are selling those PLUG, TLRY CRSP of the world and buying dividend stocks. At some point money will come out of safety and back into the tech growth names. Rotation, rotation 

Things will not open as fast as one thinks. It will take years before we got back to normal activates. And business cant even hire people because no one wants to work. And why work when you can sit home and get paid for sitting on your couch  Big Grin

I too am being cautious going forward. I sold names and bought 3 rental properties for monthly income. Renting to college students right now. my stocks are at 30%, bonds 20% and 40 cash and the rest in properties. I will stay that way for a while.

I agree.

CRSP, EDIT, BNGO, NNDM, GEVO PLUG and all those high flyers went up without any positive news. It was pure hype from Redit. The shorts control those names now and will not let up. I got out of those names at the right time.  This is why you buy quality stocks and don't listen to the noise.


RE: What Did You Buy Today? - EricL - 04-16-2021

(04-16-2021, 09:12 AM)stockguru Wrote: CRSP, EDIT, BNGO, NNDM, GEVO PLUG and all those high flyers went up without any positive news. It was pure hype from Redit. The shorts control those names now and will not let up. I got out of those names at the right time.  This is why you buy quality stocks and don't listen to the noise.

I agree. Those were an expensive reminder for me to stick to my plan. Fortunately I didn't put too much into those types of stocks.


RE: What Did You Buy Today? - ken-do-nim - 04-16-2021

Rental property, that reminds me. I have an extra room in my house that I don't use. I wish I could rent it out, but it's illegal in my town to rent a room in your living space. You have to rent out a separate unit. I suppose I could try to find someone that will pay me under the table, but then I have no rights if they decide to stop paying.


What Did You Buy Today? - vbin - 04-16-2021

Sold KMI, MSFT, trimmed PSPX, closed my RBLX put and bought a put on PLBY.


What Did You Buy Today? - vbin - 04-16-2021

Closed plby put. Bought back an enph put.

Thinking to buy more T


RE: What Did You Buy Today? - ken-do-nim - 04-16-2021

I bought more WEBL today, the tripler for:
* Amazon
* Facebook
* Paypal
* Netflix
* Salesforce
* Cisco
* Alphabet
* Zoom
* Twitter

It's been a rock star for me.


RE: What Did You Buy Today? - kblake - 04-16-2021

Cathie Wood trapped plenty of bag holders when she started talking about genomics on Bloomberg in December and every week after - an important lesson in not to be a sheep and blindly follow someone without doing DD.

Today added some MA, and TROW a new position in RACE because I cant afford there cars lol


RE: What Did You Buy Today? - fenders53 - 04-16-2021

(04-16-2021, 01:51 PM)kblake Wrote: Cathie Wood trapped plenty of bag holders when she started talking about genomics on Bloomberg in December and every week after - an important lesson in not to be a sheep and blindly follow someone without doing DD.

Today added some MA,  and TROW a new position in RACE because I cant afford there cars lol
Hard to say if they are trapped or not as she doesn't profess short-term gains.  Her and everybody else buying sketchy no earnings stocks got bit for a few months.  I grabbed a few shares to start a position during her ARKG PR tour.  Built the position on the bottom  Well I hope it was the bottom.  I know zilch about genomics so it's this or nothing.


RE: What Did You Buy Today? - MikeWa - 04-16-2021

(04-16-2021, 06:55 AM)fenders53 Wrote:
(04-16-2021, 06:42 AM)ken-do-nim Wrote: Is it possible the correction would take the form of a choppy market for a while, rather than a violent downswing?
Anything is possible.  The lack of anything like real choppiness is what causes me concern.  It indicates those currently invested are overly optimistic.  Stonks only go up.  That and the 100 tickers that went into ludicrous mode.  That was pure 1999.V2.  

My daughter texted me last night and asked me if I was putting Dogecoin in her new IRA.  Yeah, that kind of BS Is mainstream thought.  She didn't learn that from Dad.  Smile

But if you did, you'd double or quadruple her money this week  Big Grin


RE: What Did You Buy Today? - fenders53 - 04-16-2021

(04-16-2021, 06:15 PM)MikeWa Wrote:
(04-16-2021, 06:55 AM)fenders53 Wrote:
(04-16-2021, 06:42 AM)ken-do-nim Wrote: Is it possible the correction would take the form of a choppy market for a while, rather than a violent downswing?
Anything is possible.  The lack of anything like real choppiness is what causes me concern.  It indicates those currently invested are overly optimistic.  Stonks only go up.  That and the 100 tickers that went into ludicrous mode.  That was pure 1999.V2.  

My daughter texted me last night and asked me if I was putting Dogecoin in her new IRA.  Yeah, that kind of BS Is mainstream thought.  She didn't learn that from Dad.  Smile

But if you did, you'd double or quadruple her money this week  Big Grin
I am a lame financial advisor lol.  She was thinking we could throw $100 at it and it would somehow be a million in a few years.  She's confusing it with paying a few bucks for a bitcoin a decade ago.  She isn't going to understand how this works until a bunch of bubbles pop.  She is trying to take it serious though.  She is giving me a lot of ideas and I have no doubt she'll be ahead of the game on the next hot consumer products millennials like.  She is a bit socially conscious so we won't be buying Tyson the caged chicken murderers etc.  I will be a little careful what I suggest.


RE: What Did You Buy Today? - divmenow - 04-16-2021

(04-16-2021, 06:15 PM)MikeWa Wrote:
(04-16-2021, 06:55 AM)fenders53 Wrote:
(04-16-2021, 06:42 AM)ken-do-nim Wrote: Is it possible the correction would take the form of a choppy market for a while, rather than a violent downswing?
Anything is possible.  The lack of anything like real choppiness is what causes me concern.  It indicates those currently invested are overly optimistic.  Stonks only go up.  That and the 100 tickers that went into ludicrous mode.  That was pure 1999.V2.  

My daughter texted me last night and asked me if I was putting Dogecoin in her new IRA.  Yeah, that kind of BS Is mainstream thought.  She didn't learn that from Dad.  Smile

But if you did, you'd double or quadruple her money this week  Big Grin

Its not even a real company. It's a spoof that all the redit's of the world bid up. OF course I would have loved to have gotten in. But this is beyond spec  Big Grin

Lets not forget Snoop Dog had his hand in as well but sold after a 2 cent gain lol 

Anyway again this how crazy the market and social media has gotten. Between DODGE and GME its a joke.  Bitcoin will get punished too soon. Already down $1700 today lol. All that crypto crap wont last. Just watch the hit this sector takes in the coming months. Good old Cathie Woods and her 5 purchases today of COIN  Big Grin . That Lady has lost her touch. That fad will disappear as well lol  Big Grin