What I Am Buying Today.

[cemanuel]

(03-03-2022, 11:24 AM)EricL Wrote:

(03-03-2022, 11:06 AM)stockguru Wrote:

(03-03-2022, 10:43 AM)EricL Wrote: All in on energy/commodities in my trading account now.

Sold NVDA, GOOGL, FB and bought some more oil/gas, coal, and copper.

Holdings in my trading account are roughly 5% of my investments and now include:

ARCH, ATHOF, BTU, CHK, CPG, CRSXF, CVE, EGY, ENPH, HP, ICD, OBE, OXY, SCCO, SEDG, VET

Right or wrong, I think most of these names are still priced off $75 oil and I just don't see prices returning there anytime soon based on the current supply/demand situation.

My current plan is to let these run and use dividends they generate to invest back into tech and other ideas over time.

With all your experience this looks like a rookie move 

You even have some penny stocks in there lol. Never sell quality for the quick buck 

I haven't sold a thing in my dividend growth portfolio, and don't plan to either. As mentioned, this is in my smaller trading account. Your point still holds, but I think the distinction is important. I plan to own both GOOGL and NVDA again down the road, not as sure about FB.

I debated even posting this as I was sure I'd get roasted. But I've always been about transparency, so good or bad I thought I should share.

I used to have a little "play money" myself. May do that a little in the IRA once I get it organized. Or not. Penny stocks are fun. A little goofy sometimes but fun. About the only advice I could give someone is; buy near 52-week lows, make sure they trade at least 100k ADV, don't bother looking for much reliable information - there isn't any, and when the silliness shows up as a one-day double or triple, sell.

Sort of the opposite of investing . . .