What Did You Buy Today?

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(05-21-2021, 12:18 PM)Otter Wrote:

(05-21-2021, 12:14 PM)fenders53 Wrote:

(05-21-2021, 11:48 AM)Otter Wrote: I booked a 3% long term capital loss on my T shares.

I made about 5-6%/yr dancing with options the past few years.  I would have been dead even at best otherwise.  The dividend pretty much covered the losses.  Buy and hold was FAR short of most anything else I consider blue chip in my port for years.

Yes, if counting dividends and option sales, I'm definitely "ahead" on T overall, but doubt that those paltry gains have outpaced inflation.

I came around later and missed most of the time T was above 33 consistently.  Like always it's about timing.  If one was extremely patient and only bought sub $28 shares then maybe you are good for a year.  The dividend leads to wishful thinking.  Who knows, maybe T will pop to $40 and everyone who holds is back to even against the SPY.  It's just too easy to find a replacement with a close enough dividend that isn't rearranging the chairs on the debt ship for the foreseeable future.  I have no doubt that T can be a decent swing trade in the future. I am just not sticking around for the dividends and all the rest of the baggage that comes with it.