What Did You Buy Today?

[fenders53]

(05-04-2020, 02:38 PM)Otter Wrote:

(05-04-2020, 12:36 PM)divmenow Wrote:

(05-04-2020, 11:29 AM)fenders53 Wrote: Added ADM-IP-D-UPS

Just some 10-20 share pickups from my long list of limit orders.  I think most of them are going lower actually.

Also sold some puts, MO-KO-T-XEL so far.

I like UPS and D adds.... but ADM and IP.. Ewww 

No growth in either of those names. You mine as well have just put your money in PFE lol

At least ADM is an aristocrat. They are kind of like NUE. They somehow manage to raise the payout annually for decades on end, in a volatile commodity-based industry that has bankrupted more players than not. I like it with a 4%+ yield, but certainly don't expect it to be the growthiest holding in my portfolio.

Exactly why I own it.  I don't prefer 50 exciting stocks.    When it dips too hard, I overweight it a bit, and collect a couple Divs while I am waiting to trim a little off.  They are dominant in the grain belt.  I should take a chance and go in deeper if they pullback much more.  We aren't going to stop growing corn here and some of it has to be processed.  We can't feed it all to the hogs lol.