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? - MrFortune - 08-17-2021

Quick question. I have 9 shares of SAM. I'm down over $3600 which sucks. Worst investment ever!! But it may be headed even lower and more losses. I'm a big fan of there beer and it's my go to beer which is why I bought lol. But at what point do I just say screw it and take the loss and move on and invest in other names?

I added some OHI, LOW, TGT and MO


RE: What Did You Buy Today? - fenders53 - 08-17-2021

(08-17-2021, 10:27 AM)ken-do-nim Wrote: When I saw Home Depot, Sherwin Williams, and Lowes all down today, I immediately looked at what NAIL is doing today: down 9.84% yikes.  I don't have any anymore, but if I did, my rule would have been it crosses the $90 barrier sell immediately Smile

****

I do like HD as a position in my portfolio, but I dropped Lowe's sometime back (I think I moved the proceeds into SCHD).  In general, I won't be keeping positions that can't at least keep up with SCHD.

****

$5k arrived today from selling company stock.  It is SO much fun to sprinkle the proceeds around.  Feels like I'm watering the plants Smile  But started a new position in Capital One Financial, which I hadn't realized is doing so well this year.  As usual, I'm late to the party.
One upside to spreading it around is you don't get killed when an individual stock has a a couple bad weeks which clearly bothers you enough to impulsively trade.   LOW pretty much = HD.  They stole their CEO from HD.  LOW had a few bad years which is why he is their now.  He knows what is in the HD secret sauce.  Last I checked (and owned it), LOW valuation was better.


RE: What Did You Buy Today? - crimsonghost747 - 08-17-2021

(08-17-2021, 10:27 AM)MrFortune Wrote: Quick question. I have 9 shares of SAM. I'm down over $3600 which sucks. Worst investment ever!! But it may be headed even lower and more losses. I'm a big fan of there beer and it's my go to beer which is why I bought lol. But at what point do I just say screw it and take the loss and move on and invest in other names?

I added some OHI, LOW, TGT and MO

It doesn't really matter at what point you bought the stock or how much profit/loss have you made. It's about looking at the company in it's current form and deciding if it's worth keeping. Over the long term good companies will perform well, regardless of the ups and downs that they may experience. 

If you still believe in the company, then there is no point selling. If you are starting to question this, then it might be time to let go and buy something you are more confident about.


RE: What Did You Buy Today? - crimsonghost747 - 08-17-2021

I like LOWs, and it's still one of my largest positions, but I'm not interested in buying more at these levels. If it drops to $160 then I'll start looking into adding again.


RE: What Did You Buy Today? - fenders53 - 08-17-2021

[quote pid='28089' dateline='1629214055']
Quick question. I have 9 shares of SAM. I'm down over $3600 which sucks. Worst investment ever!! But it may be headed even lower and more losses. I'm a big fan of there beer and it's my go to beer which is why I bought lol. But at what point do I just say screw it and take the loss and move on and invest in other names?

I added some OHI, LOW, TGT and MO
[/quote]
I love the product too.  If you are down $400 a share you bought into the MOMO and some horrible valuation.  It's a competitive business with no real MOAT.  The chart is REAL bad and it's still in freefall so it's hard to say what to do but I suspect you could buy it back cheaper in a month but reality is the battle wounds probably won't allow you to.  

Going to be a good income day I think.  GNRC is down $50 from where I sold shares so I sold a put well out of the money for now.  Expires Friday as I want some wiggle room.  Need a few more of these to put some cash to work.


RE: What Did You Buy Today? - kblake - 08-17-2021

added a few PYPL, LOW, APD and CAT

Sold a few bond funds I had.


RE: What Did You Buy Today? - fenders53 - 08-17-2021

[quote pid='28091' dateline='1629216774']
(08-17-2021, 10:27 AM)MrFortune Wrote: Quick question. I have 9 shares of SAM. I'm down over $3600 which sucks. Worst investment ever!! But it may be headed even lower and more losses. I'm a big fan of there beer and it's my go to beer which is why I bought lol. But at what point do I just say screw it and take the loss and move on and invest in other names?

I added some OHI, LOW, TGT and MO

It doesn't really matter at what point you bought the stock or how much profit/loss have you made. It's about looking at the company in it's current form and deciding if it's worth keeping. Over the long term good companies will perform well, regardless of the ups and downs that they may experience. 

If you still believe in the company, then there is no point selling. If you are starting to question this, then it might be time to let go and buy something you are more confident about.
[/quote]
Great advice.  It's about the future and it really doesn't matter where a stock used to be.  I screw up plenty and usually ask myself a couple questions when a recent purchase gets hammered.  

-Why did I buy it in the first place and what changed in the company's fundamental outlook the next few years? 
-Did I research it properly or chase a share price?  It's time to figure out what I own if I failed to DD the financials. 

I do follow SAM some and they missed a shift in the marketing trends.  The space is VERY crowded and unforgiving in the short-term.  Certainly not going to be irrelevant soon but that's not the issue when a stock is freefalling off a hard run.


RE: What Did You Buy Today? - Dividendwayfarer - 08-17-2021

Sold out CLX (small position anyway); added on LOW, AVGO & TROW


RE: What Did You Buy Today? - divmenow - 08-17-2021

Sold a few funds I had and put the proceeds between QYLD, NUSI and SDIV

Going to hide in these monthly dividend ETF's for a while lol


RE: What Did You Buy Today? - NilesMike - 08-17-2021

(08-17-2021, 10:27 AM)MrFortune Wrote: Quick question. I have 9 shares of SAM. I'm down over $3600 which sucks. Worst investment ever!! But it may be headed even lower and more losses. I'm a big fan of there beer and it's my go to beer which is why I bought lol. But at what point do I just say screw it and take the loss and move on and invest in other names?

I added some OHI, LOW, TGT and MO

Beer sales across almost all brands has been flat at best for quite a few years, except for Constellation Brands (Modelo-Corona)

I don't want to be in the beer business. If you must, find one with a great hard seltzer or whatever they call it, that's the growth market.


RE: What Did You Buy Today? - divmenow - 08-17-2021

(08-17-2021, 08:24 PM)NilesMike Wrote:
(08-17-2021, 10:27 AM)MrFortune Wrote: Quick question. I have 9 shares of SAM. I'm down over $3600 which sucks. Worst investment ever!! But it may be headed even lower and more losses. I'm a big fan of there beer and it's my go to beer which is why I bought lol. But at what point do I just say screw it and take the loss and move on and invest in other names?

I added some OHI, LOW, TGT and MO

Beer sales across almost all brands has been flat at best for quite a few years, except for Constellation Brands (Modelo-Corona)

I don't want to be in the beer business. If you must, find one with a great hard seltzer or whatever they call it, that's the growth market.

I guess you don't realize the Sam Adams own the Truly Selzer brand  Big Grin

They also own Twisted Tea and Angry Orchard.

So I wouldn't write off SAM just yet. The are in way better position then BUD and TAP

But I also wouldn't have bought at 1,000 per share lol. I mean this stock was stuck in the $300 range for years and then all of sudden shot up.


RE: What Did You Buy Today? - fenders53 - 08-17-2021

[quote pid='28101' dateline='1629249204']
Sold a few funds I had and put the proceeds between QYLD, NUSI and SDIV

Going to hide in these monthly dividend ETF's for a while lol
[/quote]
190 days since a 5% pullback in SPY.  That's about twice as long as average.  Someday we'll be right.  Smile

I am keeping my cash about the same.  I actually see a lot of small caps that seem to have already dipped quite enough.  They would probably get hammered just the same if the SPY or QQQ dipped 10% so I can't get serious about many shares.