What Did You Buy Today?

[divmenow]

(05-12-2020, 11:38 AM)fenders53 Wrote:

(05-12-2020, 11:26 AM)divmenow Wrote: added some cloud and cyber security names. I was very underweight in tech

Bought some WORK, CRWD, PANW and a cloud ETF

Just have to face the times where in. Tech is where the growth is. No one wants value anymore. I have plenty dividend stocks. But It took me a while to realize I have to mix in a few other kind of investments as well.

I agree and I am too late until the market gets a little bit sober.  If I didn't also own indexes I would have completely missed out other than AMZN.  The dividend chopping party is going to do harm to our DGI strategy for a good while IMO.  Many of them have no choice, but those who cut unnecessarily are going to pay a price in the PE awarded to them going forward.  Some of the aristocrats don't seem quite so over-valued now that it hit the fan.  

Do you mostly intend to trade those techs or make some of them core holdings?  Either way is OK of course.  I just find it helpful information since I follow you like Warren Buffett. 

No these will be long term holds. The cloud and cyber industries have lots of growth ahead. It's just getting started. And with the corona virus these kind of companies will get even bigger and more contracts going forward once the pandemic is over. 

I went small today and will add to those names over time and on dips. 

And yes core holdings