What Did You Buy Today?

[kered]

picked up some more AMZN in both my sons custodial accounts with the dip. The accounts are primarily SWPPX but i do have some AMZN GOOGL and MSFT in them. They are 2 months and 15 months old now.

[fenders53]

[quote pid='27647' dateline='1627684476']
picked up some more AMZN in both my sons custodial accounts with the dip. The accounts are primarily SWPPX  but i do have some AMZN GOOGL and MSFT in them. They are 2 months and 15 months old now.
[/quote]

Excellent choices. If I had to pick a few FANG type stocks that may still be dominant those would be the ones.  May get some nice spin offs along the way if the GOV tries to prevent them from taking over the universe at some point.

[rayray]

this past week i added to

sofi
tdoc
xom
mo

[Kerim]

(07-30-2021, 04:39 PM)ChadR Wrote: Out for 5 days and come back to all this activity.  Kerim, glad to see you back and that we're having lots of activity again.

Thanks ChadR!

Sorry again for neglecting the site for so long, but I'm hopeful we're setting things right. And not having a job (for a while at least) should definitely give me more time to spend here!

[rayray]

(07-31-2021, 10:12 AM)Kerim Wrote:

(07-30-2021, 04:39 PM)ChadR Wrote: Out for 5 days and come back to all this activity.  Kerim, glad to see you back and that we're having lots of activity again.

Thanks ChadR!

Sorry again for neglecting the site for so long, but I'm hopeful we're setting things right. And not having a job (for a while at least) should definitely give me more time to spend here!

and welcome back kerim!!

[Genester]

(07-30-2021, 04:55 PM)fenders53 Wrote: [quote pid='27637' dateline='1627676161']

(07-30-2021, 03:13 PM)Divmenow Wrote:

(07-30-2021, 03:01 PM)ken-do-nim Wrote: After a long agony, I sold off AGNC which had been declining steeply and about half of my NLY to pick up 2 shares of AMZN, pretty much right at the closing bell.  Now I need to figure out how to rebuild my dividends, because my yield just went down.

Well your really not going to miss AGNC and NLY that much  . There are way better investments out there for you lol

I bet you will make more money in the long run with AMZN with just shares then you would have with either one the ones you just sold.

But hey what do I know. That's just my opinion 

Oh totally agreed; I just need my taxable account to contribute about $500/month to my monthly budget, and those two were helping with their dividends.  Of course, going down while delivering dividends is really just a return of capital, so ... yeah.

Some of those yield traps still have buy ratings on them from major analysts. I just don't get it.  The only time I have seen them work at all is if you pick up the few high quality ones after a serious market crash.  Yield is sky high then.  Nobody wants them now as the yields have crept down as the share prices rose 50%.  

There are safe preferred stock ETFs that pay about 5-6% and that's about as good as it gets without significant equity risk, or some ESG sectors you have said you don't want to be invested in.
[/quote]

Hi @fenders53 - would you please share these safe preferred stock ETFs, please? Thank you!

[ken-do-nim]

http://etfdb.com is very helpful. The 100 highest yielding etfs are at https://etfdb.com/compare/dividend-yield/. I'm guessing fenders is discussing some in that list like PGF and PSK.

[fenders53]

[quote pid='27662' dateline='1627758829']

(07-30-2021, 04:55 PM)fenders53 Wrote: [quote pid='27637' dateline='1627676161']

(07-30-2021, 03:13 PM)Divmenow Wrote:

(07-30-2021, 03:01 PM)ken-do-nim Wrote: After a long agony, I sold off AGNC which had been declining steeply and about half of my NLY to pick up 2 shares of AMZN, pretty much right at the closing bell.  Now I need to figure out how to rebuild my dividends, because my yield just went down.

Well your really not going to miss AGNC and NLY that much  . There are way better investments out there for you lol

I bet you will make more money in the long run with AMZN with just shares then you would have with either one the ones you just sold.

But hey what do I know. That's just my opinion 

Oh totally agreed; I just need my taxable account to contribute about $500/month to my monthly budget, and those two were helping with their dividends.  Of course, going down while delivering dividends is really just a return of capital, so ... yeah.

Some of those yield traps still have buy ratings on them from major analysts. I just don't get it.  The only time I have seen them work at all is if you pick up the few high quality ones after a serious market crash.  Yield is sky high then.  Nobody wants them now as the yields have crept down as the share prices rose 50%.  

There are safe preferred stock ETFs that pay about 5-6% and that's about as good as it gets without significant equity risk, or some ESG sectors you have said you don't want to be invested in.
[/quote]

Hi @fenders53 - would you please share these safe preferred stock ETFs, please? Thank you!
[/quote]
This would actually make a good thread.  I have a few high yielders I own when the time is right.  JPS is a Preferred Stock fund from Nuveen.  I've owned it under three years and don't even click on it for six months at a time.  A buddy of mine has owned it for about ten years and offered this advice......

Nibble shares anywhere around $9.  Just let it ride when it gets near 9.50.  Buy aggressively when it gets much under $9.  No complaints from me.  I threw a few hundred at it now and then and had two chances to buy it under $8 so I loaded up.  I am up 25% in capital appreciation and it's paid about a 6% yield all along.  It will put you to sleep but that's a good total return on a fund that is less volatile than an Aristocrat.  

Other high yielders I like are RQI and ARCC.  I've had really nice returns and I won't touch them right now.  I'll be back after the next slaughter.  Fools chase them to the moon until the next market financial hiccup.  I buy they for an 8% yield.  When they run up and I get a 30% run in the share price too I just ring the register.  Wish I could hold them but they will give it all back eventually.  Good funds though.  I consider them very safe at low prices.

I have a few more I like.

[Genester]

(07-31-2021, 05:23 PM)fenders53 Wrote: [quote pid='27662' dateline='1627758829']

(07-30-2021, 04:55 PM)fenders53 Wrote: [quote pid='27637' dateline='1627676161']

(07-30-2021, 03:13 PM)Divmenow Wrote:

(07-30-2021, 03:01 PM)ken-do-nim Wrote: After a long agony, I sold off AGNC which had been declining steeply and about half of my NLY to pick up 2 shares of AMZN, pretty much right at the closing bell.  Now I need to figure out how to rebuild my dividends, because my yield just went down.

Well your really not going to miss AGNC and NLY that much  . There are way better investments out there for you lol

I bet you will make more money in the long run with AMZN with just shares then you would have with either one the ones you just sold.

But hey what do I know. That's just my opinion 

Oh totally agreed; I just need my taxable account to contribute about $500/month to my monthly budget, and those two were helping with their dividends.  Of course, going down while delivering dividends is really just a return of capital, so ... yeah.

Some of those yield traps still have buy ratings on them from major analysts. I just don't get it.  The only time I have seen them work at all is if you pick up the few high quality ones after a serious market crash.  Yield is sky high then.  Nobody wants them now as the yields have crept down as the share prices rose 50%.  

There are safe preferred stock ETFs that pay about 5-6% and that's about as good as it gets without significant equity risk, or some ESG sectors you have said you don't want to be invested in.

Hi @fenders53 - would you please share these safe preferred stock ETFs, please? Thank you!
[/quote]
This would actually make a good thread.  I have a few high yielders I own when the time is right.  JPS is a Preferred Stock fund from Nuveen.  I've owned it under three years and don't even click on it for six months at a time.  A buddy of mine has owned it for about ten years and offered this advice......

Nibble shares anywhere around $9.  Just let it ride when it gets near 9.50.  Buy aggressively when it gets much under $9.  No complaints from me.  I threw a few hundred at it now and then and had two chances to buy it under $8 so I loaded up.  I am up 25% in capital appreciation and it's paid about a 6% yield all along.  It will put you to sleep but that's a good total return on a fund that is less volatile than an Aristocrat.  

Other high yielders I like are RQI and ARCC.  I've had really nice returns and I won't touch them right now.  I'll be back after the next slaughter.  Fools chase them to the moon until the next market financial hiccup.  I buy they for an 8% yield.  When they run up and I get a 30% run in the share price too I just ring the register.  Wish I could hold them but they will give it all back eventually.  Good funds though.  I consider them very safe at low prices.

I have a few more I like.
[/quote]
Thank you, super helpful. If you don’t mind sharing the others you like, I would love to learn.

[Genester]

(07-31-2021, 04:06 PM)ken-do-nim Wrote: etfdb.com is very helpful.  The 100 highest yielding etfs are at https://etfdb.com/compare/dividend-yield/.  I'm guessing fenders is discussing some in that list like PGF and PSK.

Thank you, much appreciated!

[fenders53]

[/quote]

Oh totally agreed; I just need my taxable account to contribute about $500/month to my monthly budget, and those two were helping with their dividends.  Of course, going down while delivering dividends is really just a return of capital, so ... yeah.
[/quote]
Some of those yield traps still have buy ratings on them from major analysts. I just don't get it.  The only time I have seen them work at all is if you pick up the few high quality ones after a serious market crash.  Yield is sky high then.  Nobody wants them now as the yields have crept down as the share prices rose 50%.  

There are safe preferred stock ETFs that pay about 5-6% and that's about as good as it gets without significant equity risk, or some ESG sectors you have said you don't want to be invested in.
[/quote]

Hi @fenders53 - would you please share these safe preferred stock ETFs, please? Thank you!
[/quote]
This would actually make a good thread.  I have a few high yielders I own when the time is right.  JPS is a Preferred Stock fund from Nuveen.  I've owned it under three years and don't even click on it for six months at a time.  A buddy of mine has owned it for about ten years and offered this advice......

Nibble shares anywhere around $9.  Just let it ride when it gets near 9.50.  Buy aggressively when it gets much under $9.  No complaints from me.  I threw a few hundred at it now and then and had two chances to buy it under $8 so I loaded up.  I am up 25% in capital appreciation and it's paid about a 6% yield all along.  It will put you to sleep but that's a good total return on a fund that is less volatile than an Aristocrat.  

Other high yielders I like are RQI and ARCC.  I've had really nice returns and I won't touch them right now.  I'll be back after the next slaughter.  Fools chase them to the moon until the next market financial hiccup.  I buy they for an 8% yield.  When they run up and I get a 30% run in the share price too I just ring the register.  Wish I could hold them but they will give it all back eventually.  Good funds though.  I consider them very safe at low prices.

I have a few more I like.
[/quote]
Thank you, super helpful. If you don’t mind sharing the others you like, I would love to learn.
[/quote]
I am the self appointed forum bully that tries to make new guys start threads for better participation.     This really is a good topic that will get lost on this thread in two days.  Call it what you like but something including "safe high yielders" in the title might invite discussion on Preferred ETFs, CEFs, REITS and even a select few stocks for discussion.  We can argue for days about what is actually safe.  I will be looking for more options myself soon as I get very close to full retirement.

[ken-do-nim]

I've been very happy with ARCC which I bought after Fenders mentioned it, albeit at a price above what Fenders recommended.

****

Does anybody own SQ? It's having an amazing day.