What I Am Buying Today.

[fenders53]

GOOGL order go hit which averaged me down. A couple shares of IWM as well.

[cemanuel]

And I took the MO dividends - sold it after ex-div in December - to pick up a whole 1 share of WSM in my Roth at $145.90.

[Dividends from Scratch]

Averaged down: TXN at $177.92, BBY at $100.1

[vbin]

Sold 60% position in ET bought Google with proceeds.

[fenders53]

(01-10-2022, 11:42 AM)vbin Wrote: Sold 60% position in ET bought Google with proceeds.

I like that move. I still have plenty of cash but some of my conservative winners aren't off the table for a trim and flip to tech.  Not just any tech, but rates don't scare me much with cash fat tech stocks.

SOXL dip is getting brutal.  Might put a couple shares in the boat account just to get it in my face.  We'll see if I upgrade or downgrade the motor soon.  Might be shopping for a kayak and some nice oars instead.  

Not to fear monger because it is pure speculation on my part, but technical support is failing on some of the lesser tech companies. I lived this when I was a kid and the margin calls come fast and furious. You have a day to come up with cash or brokerages start dumping accounts on the market at any price. This has nothing to do with APPL-GOOGL-MSFT, but it can take the legs out from under some pretty decent tech stocks for awhile. IMO some of the spec stocks and not so spec stocks are going to face Armageddon very soon, while the indexes are down 10% or less acting like it's no big deal, because it isn't to them.

[Kerim]

(01-10-2022, 08:21 AM)fenders53 Wrote: This investing game isn't easy and it never has been.  Just take your lumps.  We all hate it when it doesn't go well.

Yep, gotta remind yourself over and over: down days, and down markets, are when you make your money. If you're still accumulating, it doesn't make a ton of sense to root for a bull market.

(If you're trading a lot, it matters less, but if you lean buy-and-hold like I do, it is nice and clear!)

[fenders53]

(01-10-2022, 03:36 PM)Kerim Wrote:

(01-10-2022, 08:21 AM)fenders53 Wrote: This investing game isn't easy and it never has been.  Just take your lumps.  We all hate it when it doesn't go well.

Yep, gotta remind yourself over and over: down days, and down markets, are when you make your money. If you're still accumulating, it doesn't make a ton of sense to root for a bull market.

(If you're trading a lot, it matters less, but if you lean buy-and-hold like I do, it is nice and clear!)

One of my favorite reasons to be diversified.  When the market isn't completely giddy there is almost always a sector getting a beating.  I dwell on that and get happy I am getting a deal n something today.  If I am so inclined I can sell a couple of shares of something I think has gotten out of the hand to the upside.  That may or not be a great idea but I feel like I am a little more in charge.  Just practicing for when the market actually drops and stays down a year or two.  I barely remember what that's like.  You have to shift your brain into a different gear and start acting like an investor when those days come.  Just maybe the market will start caring about dividends for more than a week.  I laugh when big tech dips and they run for KHC or some other staple.  I am thinking "seriously, do you realize that sector isn't exactly cheap either?"  Then hours or days later that sells off too.  The market is just silly when it is trying to duck a dip.       

It was nice to see quality tech defend itself some today.   I still believe most of the sketchy stuff is in deep trouble but it's good to see the entire market not freefall.

[Dividends from Scratch]

Wow its quiet in here today isn't it!

I sold STAG today after its (yet another) microscopic dividend "hike". Doesn't fit my strategy and overvalued at this point. 58% gain.

[ken-do-nim]

It sure has been quiet; I keep coming back and refreshing the page during breaks and it's been crickets.

Yeah STAG is one of those tickers that when somebody mentions it, I take a look and go "interesting!", then forget all about it

Hopefully today is the start of the recovery.

In other news, I am projecting that by as early as May, but certainly no later than September, I will be able to balance my budget without need of the dividends. That means I'll finally be able to contribute to this thread a couple times a month with pooled dividends, rather than just provide my usual colorful commentary

[Dario33]

The only dip I'm tracking is DG based on the latest downgrade news from WF...but it's still higher than my preferred entry point

[MrFortune]

Added STAG today. While you all were selling I was buying lol

I love this company. .12167 cents every month and great management. I am in for the long haul. This stock will see $55-$60 next year and the monthly dividends are a bonus. This is exactly the kind of company I want to be in for 2022-224

[fenders53]

(01-11-2022, 12:56 PM)Dario33 Wrote: The only dip I'm tracking is DG based on the latest downgrade news from WF...but it's still higher than my preferred entry point

DG is not a screaming buy here.  I've owned shares since it was well under 200.  I sell covered calls every month just daring it to hit 240.  DG is a good company and I could live with owning it for years more, but they are expanding at a VERY fast rate.  It's easy to screw that up if the economy has a hiccup.  They are battling supply chain too.  They run out of common items for a crazy long time when I can get it elsewhere locally.   Like paper coffee filters for almost two months.  Dog food aisle 95% empty for a week.  Really? I live 15 miles from a Purina factory that isn't closed.    Employees tell me it's pretty ridiculous as well.  Anecdotal yes, but it's all the DG stores near me.  They'll get it fixed.