What I Am Buying Today.

[rayray]

(02-05-2023, 12:38 PM)fenders53 Wrote:

(02-05-2023, 11:31 AM)rayray Wrote:

(02-05-2023, 08:42 AM)fenders53 Wrote: Ken, I like your idea to provide a brief explanation.  I lost interest in reading swing trade stock picks.  I will share some of my recent buys soon.

TXRH is my second largest holding.  Only restaurant I will own.  Not super cheap, but then again staples are carrying 25 PEs.    

I want to like F but the industry is uninvestible way too often and you give all your gains back.  I will give F a look when their competitors are in deep financial trouble.

over the last 10 years...


TXRH w/o dividend reinvestment average annual total return has been 20.7%--10k turns into 62k and change


F w/o dividend reinvestment average annual total return has been 3.27%--10k turns into 13k and change



certain companies are better run companies then others, in turn make better investments--imho--ford has been a poor investment for decades so i put it in the "why bother" category, too much against ford and the big 3--expensive legacy problems, but for me it's the technology behind these companies, they're behind the times and have a lot of catching up to do--when and how is that going to happen??

One of the biggest problems with that F return is that occurred during a time the economy was well above average.  Other decades were negative.  F has been a survivor ,but that hasn't made for a good investment return.  They may stabilize the dividend, but there are safer ways to get that income.

i guess what does one want, income or growth? can one be disciplined enough to invest for growth and make their own income from that return or does one have to depend on that dividend for that payment? we can only answer that question ourselves--personally--i believe the way to go is as much wealth as one can accumulate is the way to go--it's as simple as more money is better then less money.

most of us come from a "income" trained brain, we work and we get paid, we want that paycheck and it's easy to correlate that dividend as a paycheck--but how many people live from one paycheck to the next, from week to week? most people live that way--the trick is to treat your investments as a business and to grow that business, to think as a business owner rather then an employee.

i've evolved as an investor, dividends are nice, i won't turn them away but they're low on the totem pole when evaluating stocks