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Agreed on the financial news part. Or news in general. 
I don't know if it's always been this way but seems like the news, no matter what source they come from, are more there to tell you what your opinion should be rather than to tell you the facts of what is happening.
I still follow yahoo finance to see the topics of today's articles but it's very rare that I actually open up an article and read the whole thing.
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(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
(07-21-2021, 09:45 AM)crimsonghost747 Wrote: Agreed on the financial news part. Or news in general.
I don't know if it's always been this way but seems like the news, no matter what source they come from, are more there to tell you what your opinion should be rather than to tell you the facts of what is happening.
I still follow yahoo finance to see the topics of today's articles but it's very rare that I actually open up an article and read the whole thing.
When I was young the news was mostly the news. Media made an attempt to be neutral, or clearly identify they were editorializing or supported a particular party. For a very long time now they are a branch of a political party and the masses truly think they are getting the whole story. I should have said believe instead of think because there isn't much independent thought in the equation.
Financial news is just for shock value. I am not saying the commentators have a self serving agenda, but the guests they interview all day long often do. Flat and boring markets don't draw viewership so the networks keep it chopping best they can. Used to love Cramer. He is a very knowledgeable of the markets. Hedge fund insider that knows how the dirty game works. He has been nothing but a carnival barker for a long time now. I'd lose my house if I traded his daily mood swings.  His only purpose is to keep things as exciting as possible. He accomplishes that.
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Bought some MKC, PEP, BTI and CVX
Sold most of my big winners stocks and put it all in JEPI. I like the monthly income of .39 here this ETF hold up very well in a down market. I'm going to hide here and collect about $2880 a month in dividends until this market corrects.
I made enough in this market since the pandemic and I don't need to be greedy and will protect my gains lol.
People may question me, but I'm happy with $2800 a month and a few nice dividend stocks for a while.
I will most likely not be back on until Nov or so. Thanks all for all your help the last few years here.
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07-21-2021, 11:37 AM
(This post was last modified: 07-21-2021, 11:39 AM by 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
(07-21-2021, 11:08 AM)stockguru Wrote: Bought some MKC, PEP, BTI and CVX
Sold most of my big winners stocks and put it all in JEPI. I like the monthly income of .39 here this ETF hold up very well in a down market. I'm going to hide here and collect about $2880 a month in dividends until this market corrects.
I made enough in this market since the pandemic and I don't need to be greedy and will protect my gains lol.
People may question me, but I'm happy with $2800 a month and a few nice dividend stocks for a while.
I will most likely not be back on until Nov or so. Thanks all for all your help the last few years here.
I am very much in protect my 2021 lead mode now. Different story when risk reward is someday back in balance. That day will come and it doesn't matter if it's next year.
Selling calls on stuff that is getting a little too giddy right now. I expect mediocre earnings and they just won't drop and stay down.
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(07-21-2021, 11:08 AM)stockguru Wrote: Bought some MKC, PEP, BTI and CVX
Sold most of my big winners stocks and put it all in JEPI. I like the monthly income of .39 here this ETF hold up very well in a down market. I'm going to hide here and collect about $2880 a month in dividends until this market corrects.
I made enough in this market since the pandemic and I don't need to be greedy and will protect my gains lol.
People may question me, but I'm happy with $2800 a month and a few nice dividend stocks for a while.
I will most likely not be back on until Nov or so. Thanks all for all your help the last few years here.
From what I can see the fund was started in May 2020. So there is little history to see exactly how it performs in a downward market. Dividend is also not consistent, so could be $2800 a month, could be more, could be less.
It's definitely not a bad play and looks like you've made your decision already but I'm just hoping that you don't have a massive part of your portfolio in one product, especially one that isn't rock solid on the dividend front.
Still hope to see you here though, no need to run away from us just because you don't feel like gambling in the market. :p
(07-21-2021, 11:08 AM)stockguru Wrote: Bought some MKC, PEP, BTI and CVX
Sold most of my big winners stocks and put it all in JEPI. I like the monthly income of .39 here this ETF hold up very well in a down market. I'm going to hide here and collect about $2880 a month in dividends until this market corrects.
I made enough in this market since the pandemic and I don't need to be greedy and will protect my gains lol.
People may question me, but I'm happy with $2800 a month and a few nice dividend stocks for a while.
I will most likely not be back on until Nov or so. Thanks all for all your help the last few years here.
Don't leave just because you aren't currently trading. You can always give your opinion on some of our horrible stock buys.
Hopefully not all of your portfolio is in JEPI. What scares me about it is that it is a little over a year old (could be wrong as a quick research of the ticker is what I found). Past year the monthly income has been as high as $0.543 in December to as low as $0.263 in February. The July payment has been the highest it has been in 2021. Hopefully it doesn't go down and retreat to the lower payments that occurred earlier in the year.
I would also be happy with $2,800/month in dividend income. I'm still working on getting to the dividend crossover point, then most if not all of my buying will be done. Who am I kidding, I will still be buying with any extra money.
Good luck, and hopefully you come back by before November.
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(07-21-2021, 12:39 PM)ChadR Wrote: (07-21-2021, 11:08 AM)stockguru Wrote: Bought some MKC, PEP, BTI and CVX
Sold most of my big winners stocks and put it all in JEPI. I like the monthly income of .39 here this ETF hold up very well in a down market. I'm going to hide here and collect about $2880 a month in dividends until this market corrects.
I made enough in this market since the pandemic and I don't need to be greedy and will protect my gains lol.
People may question me, but I'm happy with $2800 a month and a few nice dividend stocks for a while.
I will most likely not be back on until Nov or so. Thanks all for all your help the last few years here.
Don't leave just because you aren't currently trading. You can always give your opinion on some of our horrible stock buys.
Hopefully not all of your portfolio is in JEPI. What scares me about it is that it is a little over a year old (could be wrong as a quick research of the ticker is what I found). Past year the monthly income has been as high as $0.543 in December to as low as $0.263 in February. The July payment has been the highest it has been in 2021. Hopefully it doesn't go down and retreat to the lower payments that occurred earlier in the year.
I would also be happy with $2,800/month in dividend income. I'm still working on getting to the dividend crossover point, then most if not all of my buying will be done. Who am I kidding, I will still be buying with any extra money.
Good luck, and hopefully you come back by before November.
That's not a bad idea at all. I have heard good things about that ETF and a few people on CNBC recommended it on the halftime show. Just because its new or doesn't have a big track record, doesn't mean its a bad investment. In fact it was even up on that 700 Dow Drop so
I was thinking about doing something like that myself. Limit my stock holdings to about 15 or so and mix in some monthly dividend funds.
Good luck and hope you come back sooner then later
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07-21-2021, 02:17 PM
(This post was last modified: 07-21-2021, 02:17 PM by fenders53.)
I tried to dig in on JEPI but the top five holdings are vague and the next five have low dividends. What is the fund leveraging to get the very high yield?
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Forgot to post it, but I loaded up on BTI and VIAC yesterday when the markets were down.
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(07-21-2021, 02:17 PM)fenders53 Wrote: I tried to dig in on JEPI but the top five holdings are vague and the next five have low dividends. What is the fund leveraging to get the very high yield?
Don't base it off the top 5 holdings because it holds funds and ETFS. Within their top 10 you have ACN, COST, INTU, ABBV, MSFT, LLY, PEP, TGT, UPS and PPG
But look at all their holdings and you will get a good idea of all the great companies this ETF holds.
They also hold NEE, MA, DE, JNJ, BMY, HON, KMB, LOW in top 25. I think it's about 95 holdings in all.
UNH, HSY, V, PG, MDLZ and XEL as well just to name a few
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