What I Am Buying Today.

[ConnerM]

(06-27-2022, 08:56 AM)ken-do-nim Wrote:

(06-27-2022, 08:47 AM)ConnerM Wrote:

(06-27-2022, 07:09 AM)ken-do-nim Wrote: Well it still says $8151, so I guess that's the "new normal".  There's always going to be fluctuation because I have stocks like RIO, VALE, SCHD, and BX, which don't have fixed dividends.  I must have overlooked some small change.

In other news, I know every stock has gotten crushed recently, but I see LYB is back in the 80s again.  It was at $115 at the start of June (!).  So, I will start buying it when new funds arrive.  Yield is over 5%!  Also they occasionally give out monster dividends, like the last one.  I'd like to build a big position, but I refuse to buy when the stock price is over $90.

I'm adding LYB here as well. But if you don't have the proceeds to buy you may miss the boat. LYB has always been a good buy under $90

Why not just sell one of your losers or less dividend stocks and buy LYB?

Yeah, definitely thinking about it.  Though so far this year "fear of missing the boat" hasn't materialized for most stocks.

Yes, but you buy when there out of favor, not at the top lol. And LYB if you can get below $90 you getting in at a comfortable price. This is not some tech stock that is trading at a high multiple 

And there are lots of good buys right now. Not just LYB