What I Am Buying Today.

[fenders53]

(10-28-2021, 11:08 AM)rayray Wrote:

(10-28-2021, 09:55 AM)fenders53 Wrote:

(10-28-2021, 09:53 AM)divmenow Wrote:

(10-28-2021, 09:38 AM)rayray Wrote:

(10-28-2021, 09:18 AM)divmenow Wrote: Add MO today its down $2.50. Should have waited to today 

i did add mo today too

eh...i have mixed feelings about certain stocks and mo is one of them, along with vz/t some others can't think about but i keep accumulating--idk--we'll see how it goes

i tend to be a doomer-gloomer when it comes to investing

last month portfolio dipped 96k and change

this month it went up 96k and change

i made zero progress

Yeah T and VZ have no growth. I get it. they pay a hefty dividend. But what's the point of holding them when you basically lose the dividend when the stock just keeps going down. There are better plays out there you can come close to matching those dividends and get growth at the same time. Even Bonds are better holding over T and VZ 

Hey at least your back to even. And I would take that any day rather then losing 96k 

MO is no different.  We get lucky and swing trade it but that doesn't change reality.

i have a wide mix of investments and some stay stagnant for a long time, but as a buy and hold investor these stagnant companies seem to be the ones that hold the place up when sh@t hits the fan--and that's why i hold them.

and for the 96k loss and then the 96k gain--since i didn't sell/buy anything there was no real loss or gain, just paper movements or digital numerical ups and downs at this point

Same.  I don't worry about JNJ and solid UTEs when it hits the fan.  A little off topic but my biggest problem now is valuation.  An Aristocrat entered a recession with a 25 PE might not act the way it did in 2008.  For the most part I think it is beyond delusional to believe an overvalued DGI stock or a troubled yield trap stock is anything remotely like safe.  We can debate this all week long on another thread.