What I Am Buying Today.

[fenders53]

(11-03-2021, 05:22 PM)divmenow Wrote:

(11-03-2021, 04:13 PM)ken-do-nim Wrote:

(11-03-2021, 03:52 PM)fenders53 Wrote:

(11-03-2021, 03:19 PM)divmenow Wrote:

(11-03-2021, 03:13 PM)MrFortune Wrote: Should have waited on ROKU until after the earnings report. I just bought after hours at $276.90

Ha I just did the same. In at $275.84. This is why you don't buy the day before earnings. They are knocking just about every stock after they report no matter if they beat or not 

Just have to be patient and play the game! lol 

New buys in ATVI and ROKU now

Rich Ray doesn't care.  He just buys shares everyday and never sells   That works too.

I realize I'm weighted down by child support payments, but I'd love to know how you guys manage to buy stocks daily without regular sales.  I mean, I occasionally make some pooled dividend purchases, but that's like twice a month tops.

For me I have 3 accounts. 

My long term account which I never touch unless a story changes - I don't reinvest my dividends. I keep the cash so I can buy or add to holdings 
My ROTH IRA which I can trade in and out of - I never go under 50k so I can buy and sell 
Then I have my trading account which I use to buy and sell daily.  Normally around 1.000-1.500 trades a year lol. And in this account I always keep 30-35% in cash and never go under 25%

When you fully invested your stuck. Gotta keep cash on hand
And I also own 3 rental properties which most of that goes into my trading account monthly 

So that's my story. What's yours lol

You and I don't invest exactly the same but the theme is similar.  Our money is segmented for different purposes.  

About 1/3rd of my money sits in investments I don't care if I ever sell.  My core utility positions, Index ETFs  and some blue chips that won't be sold unless the long-term story changes.       

The next third is a mix of quality stocks I think I bought for a fair price.  If they do a moonshot I may trim or at least sell a covered call.  I get a lot of income from this part of my port. 

The last third is cash or conservative option income plays.  I get a ridiculous amount of income from this tranche most months.  When I add five or ten shares of this or that on the forum, that is usually where the money came from.

I will never be cashless wishing I could by a dip.  I tried that and I didn't like it.  You can post charts all day long telling me to stay 100% invested for best results. At the moment that is FOMO talking.  You are scared not to buy the next rising star of the week.   You may be right for a quarter but mostly I just get a chuckle.  In an overpriced volatile market you don't have to wait long for an opportunity when a good company gives up a half years progress in a few weeks.  

Having some cash makes this so much less stressful.  If the market rocks I am making money.  If it dips hard I am buying bargains on a moments notice.  The key is I don't worry if somebody else makes more money than me next week.