What Did You Buy Today?

[divmenow]

Added to ABBV and DFS

[Otter]

Took some pooled dividends and added more SKT

[vbin]

Added DFS and WFC.

[vbin]

Added XOM, DFS.

[fenders53]

Averaged down my F just a little before the x-div, and some BGR which is a Blackrock Oil ETF that invests in all the majors with a 7+% div. I would have probably been better off if I'd found it long ago.

[ChadR]

Added to C.

[EricL]

(01-27-2020, 12:29 PM)fenders53 Wrote: Averaged down my F just a little before the x-div, and some BGR which is a Blackrock Oil ETF that invests in all the majors with a 7+% div. I would have probably been better off if I'd found it long ago.

I admire the intestinal fortitude of adding to a cyclical like F while there's fears of a global slowdown due to coronavirus!

[fenders53]

(01-28-2020, 11:13 AM)EricL Wrote:

(01-27-2020, 12:29 PM)fenders53 Wrote: Averaged down my F just  a little before the x-div, and some BGR which is a Blackrock Oil ETF that invests in all the majors with a 7+% div.  I would have probably been better off if I'd found it long ago.

I admire the intestinal fortitude of adding to a cyclical like F while there's fears of a global slowdown due to coronavirus!

Is that a nice way of asking "what the hell are you thinking?"    

F is absolutely NOT part of my DGI basket.  I have a half a dozen high div stocks stuck in a fairly predictable trading range I play income games with.  Maintain some long shares and collect the div, sell puts or calls when they swing.  F is part of that basket, but MET, PFE and a few others work MUCH better.  I'm down a few % on F for my trouble. It's less than 1% of my port and will probably always be if I have any sense.  

Started a position in MMM today.  Always wanted to own it.  A very small position for now as I doubt they have hit bottom yet.  There are many more blue chips on my list.  If they blow earnings I'll dip my toe in the water.

[kblake]

added to ABBV and CVS and took new positions in BAC and PSXP

[NilesMike]

(01-27-2020, 12:29 PM)fenders53 Wrote: BGR which is a Blackrock Oil ETF that invests in all the majors with a 7+% div. I would have probably been better off if I'd found it long ago.

You could have bought in the $30s LOL

[Otter]

(01-28-2020, 01:34 PM)fenders53 Wrote:

(01-28-2020, 11:13 AM)EricL Wrote:

(01-27-2020, 12:29 PM)fenders53 Wrote: Averaged down my F just  a little before the x-div, and some BGR which is a Blackrock Oil ETF that invests in all the majors with a 7+% div.  I would have probably been better off if I'd found it long ago.

I admire the intestinal fortitude of adding to a cyclical like F while there's fears of a global slowdown due to coronavirus!

Is that a nice way of asking "what the hell are you thinking?"    

F is absolutely NOT part of my DGI basket.  I have a half a dozen high div stocks stuck in a fairly predictable trading range I play income games with.  Maintain some long shares and collect the div, sell puts or calls when they swing.  F is part of that basket, but MET, PFE and a few others work MUCH better.  I'm down a few % on F for my trouble. It's less than 1% of my port and will probably always be if I have any sense.  

Started a position in MMM today.  Always wanted to own it.  A very small position for now as I doubt they have hit bottom yet.  There are many more blue chips on my list.  If they blow earnings I'll dip my toe in the water.

I view F as an income farm. Harvest the dividend and turn it into other DGI holdings. Have a handful of holdings like that in my portfolio.

[fenders53]

(01-28-2020, 05:23 PM)Otter Wrote:

(01-28-2020, 01:34 PM)fenders53 Wrote:

(01-28-2020, 11:13 AM)EricL Wrote:

(01-27-2020, 12:29 PM)fenders53 Wrote: Averaged down my F just  a little before the x-div, and some BGR which is a Blackrock Oil ETF that invests in all the majors with a 7+% div.  I would have probably been better off if I'd found it long ago.

I admire the intestinal fortitude of adding to a cyclical like F while there's fears of a global slowdown due to coronavirus!

Is that a nice way of asking "what the hell are you thinking?"    

F is absolutely NOT part of my DGI basket.  I have a half a dozen high div stocks stuck in a fairly predictable trading range I play income games with.  Maintain some long shares and collect the div, sell puts or calls when they swing.  F is part of that basket, but MET, PFE and a few others work MUCH better.  I'm down a few % on F for my trouble. It's less than 1% of my port and will probably always be if I have any sense.  

Started a position in MMM today.  Always wanted to own it.  A very small position for now as I doubt they have hit bottom yet.  There are many more blue chips on my list.  If they blow earnings I'll dip my toe in the water.

I view F as an income farm. Harvest the dividend and turn it into other DGI holdings. Have a handful of holdings like that in my portfolio.  

Sounds like you "basketize" as well.  I was late to the DGI game and I don't have many Div stocks with a YOC much above 4%.  I harvest the Divs from Ford, BP, MO, MET and a few other stocks I consider predictable enough going forward.  Add in the put and call premiums that usually expire worthless and it really adds up over the course of a year.  Most of these stocks seemingly have an endless supply of headwinds to battle.  

Just maybe F will top $10 later this year when they enter the EV market, then you can be sure they'll find another speed bump.  I would be pleasantly surprised if it ever sees $20 in my lifetime.  I know I can lose money a lot faster if I touch a smaller oil stock.