Stock Market- Investing

Inventory is absolutely terrible. Haven't found anything after two years of searching. It's relatively low pressure for me to find a place. I'm not going to "just buy" something I know I'm going to end up hating. Still, would be nice to find a home.


As far as investing in real estate. I've recently started leaning towards going through Fundrise. I still see the commercial market being a huge question with so many companies and governments switching to remote work but I figured to start out with them and see what happens.

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Originally Posted by JuBru

Inventory is absolutely terrible. Haven't found anything after two years of searching. It's relatively low pressure for me to find a place. I'm not going to "just buy" something I know I'm going to end up hating. Still, would be nice to find a home.


As far as investing in real estate. I've recently started leaning towards going through Fundrise. I still see the commercial market being a huge question with so many companies and governments switching to remote work but I figured to start out with them and see what happens.

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You looking in Boston, or the Boston area? Jeez! has to be terribly expensive. We in Louisiana don't fully appreciate just how affordable real estate is here. Well, until you start comparing to other regions. Then you go, Thank Gawd! I live here.

Good luck.

I did look around here and still do from time to time, but anything decent starts at $500k. So, at this point, I'm looking everywhere except Hawaii and Alaska. There's not many good choices out there. The few there are - which, I can count on one hand in two years of searching - get snapped up within a week. I can't compete against corporations and cash-flush rich people.

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Originally Posted by dawg80

You looking in Boston, or the Boston area? Jeez! has to be terribly expensive. We in Louisiana don't fully appreciate just how affordable real estate is here. Well, until you start comparing to other regions. Then you go, Thank Gawd! I live here.

Good luck.

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Hoping to sell here in Frisco soon and move back to North Lincoln Parish on family land.. Hunt, fish, raise my own chickens, beef, plant a garden.. can't wait..

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Originally Posted by FriscoDog

Hoping to sell here in Frisco soon and move back to North Lincoln Parish on family land.. Hunt, fish, raise my own chickens, beef, plant a garden.. can't wait..

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That's great! But you'll have to change your forum name.

Anyone have a read on the status/future of Intel (INTC)? Some pundits say it is a BUY! BUY! BUY! and others say it is a mature company whose best days are behind them. There is some serious competition for the microchip market and plenty of strong players, like AMD, Nvidia, TSM, ASML, QCOM, Broadcom, and several others. Most stock gurus don't include Intel in their top 8-10 such stocks to buy.

Intel is investing a bundle in new manufacturing facilities in Ohio, and I think Arizona as well.

Not surprisingly the market is getting pummeled today. Watching a bunch of stocks for buy points (triggers). Also, this morning my gold and O&G stocks went green, but even they have given some back.

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Originally Posted by dawg80

That's great! But you'll have to change your forum name.

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Why? DFM didn't! (Actually, I can guess you can say he was FROM Minden).

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Originally Posted by dawg80

Anyone have a read on the status/future of Intel (INTC)? Some pundits say it is a BUY! BUY! BUY! and others say it is a mature company whose best days are behind them. There is some serious competition for the microchip market and plenty of strong players, like AMD, Nvidia, TSM, ASML, QCOM, Broadcom, and several others. Most stock gurus don't include Intel in their top 8-10 such stocks to buy.

Intel is investing a bundle in new manufacturing facilities in Ohio, and I think Arizona as well.

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I am slowly establishing a position in it. I figure it's going to be a long slog before I can make any money, but it has a 3+% dividend I can collect in the mean time (assuming they don't cut it after saying they will be cash flow negative next year).

Purely speculative.

AMD does chip design, but makes nothing. TSM is also building a plant here in the US (Arizona). I am assuming that more and more chips will be needed in the future, because I think I read that automobiles have up to 2000 chips in them and electric automobiles have 3000. Hopefully that part of the supply chain can be brought home and Intel can reap the benefits. I believe Intel is getting subsidies to help them build these plants.

They are being punished because they missed the boat on improving their smartphone chips and have been passed by AMD for data center chips (or so I've heard). Investing in them is kind of a turn around story, and some analysts buy it and some don't.

It's like Biden has been running them for the last 5 or so years and they are paying the price.

Microchips and tech in general are areas I don't have a lot of knowledge of. I once held QCOM but sold it all for a nice profit many years ago. Held a stock called Atmel too, but I don't think it even exists anymore. The only "tech" I hold are VZ and T. I guess they are considered tech.

I am interested in Intel and hope they can survive and thrive for no other reason than we need such high-tech manufacturing in the USA. I have done DD on TSM and like them but am concerned what will happen if the Chicoms invade and take over Taiwan. If they are smart their US location will be a stand-alone subsidiary capable of surviving the collapse of Taiwan itself.

I have Intel on my watch list.

It's the old Blue Light special at K Mart this morning. Or, it was. The market has stabilized some for the day. I was able to pick up some bargains this morning. Thanks Joe!

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Originally Posted by dawg80

It's the old Blue Light special at K Mart this morning. Or, it was. The market has stabilized some for the day. I was able to pick up some bargains this morning. Thanks Joe!

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Same!

It was a "Russian BEAR" market!

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Originally Posted by DawgyNWindow

I am slowly establishing a position in it. I figure it's going to be a long slog before I can make any money, but it has a 3+% dividend I can collect in the mean time (assuming they don't cut it after saying they will be cash flow negative next year).

Purely speculative.

AMD does chip design, but makes nothing. TSM is also building a plant here in the US (Arizona). I am assuming that more and more chips will be needed in the future, because I think I read that automobiles have up to 2000 chips in them and electric automobiles have 3000. Hopefully that part of the supply chain can be brought home and Intel can reap the benefits. I believe Intel is getting subsidies to help them build these plants.

They are being punished because they missed the boat on improving their smartphone chips and have been passed by AMD for data center chips (or so I've heard). Investing in them is kind of a turn around story, and some analysts buy it and some don't.

It's like Biden has been running them for the last 5 or so years and they are paying the price.

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Margins are much higher for the elite chip designers (AMD/NVDA) than the fabs.

I now own AMD through their acquisition of Xinlinx.

Speaking of Elon Musk…Within a few hours of receiving a request from the Ukrainians, he had Starlink terminals en route to the Ukraine. They have arrived now.

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Originally Posted by Guisslapp

Speaking of Elon Musk…Within a few hours of receiving a request from the Ukrainians, he had Starlink terminals en route to the Ukraine. They have arrived now.

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Well done Mr. Musk!

Too many investors are simply goofy. And then that triggers the banks of computers with their automatic SELL points and the whole market sinks like the Titanic.

Retail investors are rushing into gold and gold stocks because of Ukraine. That has driven my three gold holdings up GREEN! But, when this crisis passes, which it will, those same retailers will dump their gold stocks and gold will plummet. Education and common sense should be required before someone is allowed to invest in the market...and such requirements should apply to voting too! Some stocks are down for no reason. Now, I am buying up shares here and there, adding to my positions and opening several more. So, it's not like I am not thankful for the opportunities provided by silly retail investors, but "come on, man!"

I'm a retail investor too, just not quite as goofy as the greater lot appear to be.

What effects on the market will this rate hike have? Probably not much. Now, the announcement of 6 more rate hikes coming in 2022 might very well affect the market.

Oh no.. what to do...

https://www.cnbc.com/2022/03/14/tesla-has-bought-aluminum-from-russian-supplier-rusal-since-2020.html


Tesla buys aluminum from a Russian company... but mean Putin and Russia has invaded Ukraine. How can Tesla remain virtuous and still buy Russian aluminum??

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Originally Posted by dawg80

What effects on the market will this rate hike have? Probably not much. Now, the announcement of 6 more rate hikes coming in 2022 might very well affect the market.

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Not sure a quarter point is a good enough weapon against 7+ percent inflation. This could spiral out of control quickly.

This is going to be harsh on me, because I'm on a fixed income (I've always wanted to say that :D:D).

Going to have to stop the deficit spending and free money policies if we want to avoid the 1970's and early 1980's misery. We need Paul Volcker back!

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Originally Posted by FriscoDog

Oh no.. what to do...

https://www.cnbc.com/2022/03/14/tesla-has-bought-aluminum-from-russian-supplier-rusal-since-2020.html


Tesla buys aluminum from a Russian company... but mean Putin and Russia has invaded Ukraine. How can Tesla remain virtuous and still buy Russian aluminum??

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I like Elon Musk. And he has demonstrated a willingness to set his personal and his companies' best interests aside in order to be on the right side of this Putin mess. But, he is also a businessman with tremendous responsibilities to his shareholders, his employees, and to the numbers of suppliers who will all be hurt if Elon proclaims, that's it, I'm shutting Tesla down until further notice. Can he find an alternative supplier for aluminum?

Of course, if this were a Donald Trump company Goosey et al would be all over this DEMANDING Trump to shut down his operations, for the sake of showing solidarity with Ukraine. But, they are predictable that way...

Well Elon purchased a 9% ownership stake in Twitter. I think this is a genius move as Twitter tried to censor him last year. I see big changes coming at Twitter.. :D

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Originally Posted by FriscoDog

Well Elon purchased a 9% ownership stake in Twitter. I think this is a genius move as Twitter tried to censor him last year. I see big changes coming at Twitter.. :D

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Yeppers! not to mention bunches of Elon's "followers" (and he has an army of loyal supporters) also jumped in. The % of ownership of Musk-friendly investors is far greater than just his 9%.

Speaking of Elon Musk...

Tesla is up to $1,060+ per share, although several analysts say it is WAAAAAAAAAAAAAAAY over bought, Barclay's has a one-year target price of $325 for Tesla, whoa! The consensus is right at $975 though.

Meanwhile Ford is taking hits and its SP is down to 14.85 today. Ford's financials are absolutely immaculate! No reason for this stock to be tanking.

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Originally Posted by dawg80

Speaking of Elon Musk...

Tesla is up to $1,060+ per share, although several analysts say it is WAAAAAAAAAAAAAAAY over bought, Barclay's has a one-year target price of $325 for Tesla, whoa! The consensus is right at $975 though.

Meanwhile Ford is taking hits and its SP is down to 14.85 today. Ford's financials are absolutely immaculate! No reason for this stock to be tanking.

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Don’t understand the bull case behind auto companies, Are the non-Tesla’s going to all of a sudden become more profitable and less hyper-levered to economic cycles?

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Originally Posted by Guisslapp

Don’t understand the bull case behind auto companies, Are the non-Tesla’s going to all of a sudden become more profitable and less hyper-levered to economic cycles?

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Ford is profitable, think GM, Toyota, and probably others are too. Unless someone is "cooking the books" Ford is rolling financially. I don't hold any Ford stock or any other car company stock, but have Ford on my watch list and watch it, I have been. Their 1st qtr numbers are eye-popping. Their TTM are awesome too. I don't understand the disconnect between great financials and the stock price.

Just as I was typing that got a Bing! on my phone app alerts, the concern is the confirmed drop in March sales and projected sales for this quarter. Ford is cash-heavy, not in any debt crisis, is generating free-cash flow ($9 billion for the recent quarter) but I suppose all of those great metrics are about to take a hit, thus the drop in the SP. Guess F will remain on my watch list for now...

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Originally Posted by dawg80

Ford is profitable, think GM, Toyota, and probably others are too. Unless someone is "cooking the books" Ford is rolling financially. I don't hold any Ford stock or any other car company stock, but have Ford on my watch list and watch it, I have been. Their 1st qtr numbers are eye-popping. Their TTM are awesome too. I don't understand the disconnect between great financials and the stock price.

Just as I was typing that got a Bing! on my phone app alerts, the concern is the confirmed drop in March sales and projected sales for this quarter. Ford is cash-heavy, not in any debt crisis, is generating free-cash flow ($9 billion for the recent quarter) but I suppose all of those great metrics are about to take a hit, thus the drop in the SP. Guess F will remain on my watch list for now...

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I know they are profitable, but margins are challenged for auto companies that aren’t Tesla. They are also cyclical, so their balance sheet is tied to the overall economy. I don’t want to buy a company just because it is currently profitable. I want to know why it’s profits are going to GROW.

Tough day in the market. Everything is red. Of course, a red day = buying opportunities. I've nibbled a little bit this morning, but the bottom keeps dropping. Wait until the last 20-30 minutes today, market usually goes nuts.

https://ahseeit.com/finance/king-inc...7289348951.jpg

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Originally Posted by Dowty

https://ahseeit.com/finance/king-inc...7289348951.jpg

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Yep!

Buffet and Munger need to stick to what they do best, long term investing, and stop all the silly rhetoric bashing anything and everything they personally don't like. Munger's attack on trading platforms like Robinhood is uncalled for. I don't use any of the phone app platforms like Robinhood, Webull, M1, etc...but many folks do and it still comes down to individual decision-making by investors. Criticizing such platforms is like criticizing cars just because there are stupid drivers out there. There are very good drivers too and those who use a car for good purposes. Munger called Bitcoin "stupid and evil." Evil? I briefly held a crypto but don't presently and have no plans to do so, but some people see crypto as another investment vehicle. We shall see.

Not to be mean but it bears pointing out that neither one of them should be focusing on "long term" investing or anything else, for that matter. They should both officially retire and go fishing or something.

Meanwhile the market continues its volatile way, not based on fundamentals really. Well, at least there are a lot of individual stocks (companies) which are fundamentally sound and have a promising future whose stock price has been beaten down recently, for no apparent reason. It's the market-makers and those banks of computers with programmed algorithms that drive the market crazy. I am not one to advocate for guv-mint intervention, BUT! maybe the SEC (and Congress if warranted) should establish some tighter parameters for these large organizations. Saw an interview with a senior analyst from Blackrock and he said the dependency on the computers has gotten out of control. Need more human oversight, some common sense to curtail the wild swings in the market. Then he was asked doesn't Blackrock use such computers too and he said, yes, of course! we have to to keep up and protect our clients' assets. This admission, this reality-check...everyone else is doing it so we have to as well....is why only guv-mint involvement will fix the problem. It's like referees in a sport, an "unbiased, neutral third party" to maintain a fair, level playing field. (yes, I know, some refs are notoriously biased).

Here's the bottom line, while entities like Blackrock control $billions in investment assets they still hold only a relatively small slice of the much bigger pie, BUT! they control what the whole pie does. Retail investors and even entities like pension funds get slaughtered through no fault of their own.

**latest figures, Blackrock controls $10 trillion in assets (in USD)

I don't know if I should feel sorry for the goofy APES still touting AMC because they are fooled into believing it (trading at 14.99 presently) will "go to the moon" or because they are just plain stupid. I held AMC from March to June last year and made an absolute killing! But I knew it was a short-term, get in/get out opportunity and have posted periodically to sell and move on, only to get viciously attacked as a "shorty" and an "evil shill." I find it impossible to believe those posters really believe AMC is going to $100+ (some think $1,000!). CEO Adam Aron took $21 million of AMC's cash reserve and invested in a junior gold miner. Say what!? Right, AMC won't need that money to try to save their theater business...

Retail investors like these give the rest of us a bad name.

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Originally Posted by dawg80

Buffet and Munger need to stick to what they do best, long term investing, and stop all the silly rhetoric bashing anything and everything they personally don't like. Munger's attack on trading platforms like Robinhood is uncalled for. I don't use any of the phone app platforms like Robinhood, Webull, M1, etc...but many folks do and it still comes down to individual decision-making by investors. Criticizing such platforms is like criticizing cars just because there are stupid drivers out there. There are very good drivers too and those who use a car for good purposes. Munger called Bitcoin "stupid and evil." Evil? I briefly held a crypto but don't presently and have no plans to do so, but some people see crypto as another investment vehicle. We shall see.

Not to be mean but it bears pointing out that neither one of them should be focusing on "long term" investing or anything else, for that matter. They should both officially retire and go fishing or something.

Meanwhile the market continues its volatile way, not based on fundamentals really. Well, at least there are a lot of individual stocks (companies) which are fundamentally sound and have a promising future whose stock price has been beaten down recently, for no apparent reason. It's the market-makers and those banks of computers with programmed algorithms that drive the market crazy. I am not one to advocate for guv-mint intervention, BUT! maybe the SEC (and Congress if warranted) should establish some tighter parameters for these large organizations. Saw an interview with a senior analyst from Blackrock and he said the dependency on the computers has gotten out of control. Need more human oversight, some common sense to curtail the wild swings in the market. Then he was asked doesn't Blackrock use such computers too and he said, yes, of course! we have to to keep up and protect our clients' assets. This admission, this reality-check...everyone else is doing it so we have to as well....is why only guv-mint involvement will fix the problem. It's like referees in a sport, an "unbiased, neutral third party" to maintain a fair, level playing field. (yes, I know, some refs are notoriously biased).

Here's the bottom line, while entities like Blackrock control $billions in investment assets they still hold only a relatively small slice of the much bigger pie, BUT! they control what the whole pie does. Retail investors and even entities like pension funds get slaughtered through no fault of their own.

**latest figures, Blackrock controls $10 trillion in assets (in USD)

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It isn’t Blackrock. It is the Fed. The Fed giveth and they taketh away. Don’t fight them.

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Originally Posted by Guisslapp

It isn’t Blackrock. It is the Fed. The Fed giveth and they taketh away. Don’t fight them.

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It IS Blackrock and their own analyst said as much. It's them and others like them, the big firms that can drive the market by their volume of trades, up/down. Banks of computers programmed to trigger buys/sells with some arbitrary preset price. That moves the price on individual stocks and causes others, like panicky retail investors, to overreact and drive the price further, which in turn often causes a general "panic."

The Fed plays a role but is just one of the factors that drives the market. If not for the auto-set computers news from the Fed would have some short-term effect but then be absorbed fairly quickly and the market would return to the fundamentals and move on. Not so now.

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Originally Posted by dawg80

It IS Blackrock and their own analyst said as much. It's them and others like them, the big firms that can drive the market by their volume of trades, up/down. Banks of computers programmed to trigger buys/sells with some arbitrary preset price. That moves the price on individual stocks and causes others, like panicky retail investors, to overreact and drive the price further, which in turn often causes a general "panic."

The Fed plays a role but is just one of the factors that drives the market. If not for the auto-set computers news from the Fed would have some short-term effect but then be absorbed fairly quickly and the market would return to the fundamentals and move on. Not so now.

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Fed is the big force. It drives liquidity and the rates of the largest market, bonds, which compete with stocks for fund flows. Blackrock can cause stocks to move, but the Fed causes the whole market to move.

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Originally Posted by Guisslapp

Fed is the big force. It drives liquidity and the rates of the largest market, bonds, which compete with stocks for fund flows. Blackrock can cause stocks to move, but the Fed causes the whole market to move.

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https://twitter.com/timmerfidelity/s...118030849?s=21

Although this doesn’t show market indexes correlated to the long bond, the inverse correlation is well known and you can match it up and see for yourself that falling rates supported market rallies and raising rates caused pullbacks. The 2018 20% drawdown occurred when the Fed was tightening, remember?

A more important question is raised in the tweet, do we mean revert from here and keep the secular trend of lower rates intact or might this be the start of a new secular trend. The implications of the latter would be very profound for both stocks and bonds.

The markets are facing new dynamics that threaten the Fed’s ability to stay on the low rate trend, IMO. Inflation is the biggest threat. Decreasing rates require deflationary tailwinds - globalization, technology innovation, and immigration (expanding workforce). Decarbonization is also a headwind. If peak globalization and peak immigration are in the rear view mirror, it will be interesting to see if a new secular rate hiking trend continues (Fed consistently fighting inflation without having to worry about the employment side of the equation so much). If so, that is not necessarily good news for people that broadly own stocks and bonds. The continuation of the multi-decade secular bull run could be in jeopardy.

Of course, when I (and everyone) get this negative, that historically a sign of a bottom.

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Originally Posted by Guisslapp

Fed is the big force. It drives liquidity and the rates of the largest market, bonds, which compete with stocks for fund flows. Blackrock can cause stocks to move, but the Fed causes the whole market to move.

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Blackrock is the largest but it's not the only market-maker. Collectively they can, and do, drive the market. Heck, Citadel plays all sides of the matter, they have clients they invest for and they are the vehicle other investment firms use to transact trades. That's like being one team on the field and the zebras too.

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Originally Posted by dawg80

Blackrock is the largest but it's not the only market-make. Collectively they can, and do, drive the market. Heck, Citadel plays all sides of the matter, they have clients they invest for and they are the vehicle other investment firms use to transact trades. That's like being one team on the field and the zebras too.

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Blackrock isn’t the cause of the current pullback. Neither is Citadel.

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Originally Posted by Guisslapp

Blackrock isn’t the cause of the current pullback. Neither is Citadel.

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Not "the cause" of the bear market, but a driver of it. The computers all pre-set to dump stocks at arbitrary prices (stop losses) causes the market to over-react to outside issues. Again, the fellow from Blackrock spelled it out, gave specific examples, and said such banks of computers exaggerate market movements, in both directions. This is what affects retail investors the most, the greatest impact. Now that I re-read your post #335 I think we are essentially saying the same thing.

Bottom line: I'm going to have to work until I drop dead. :((

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Originally Posted by dawg80

Not "the cause" of the bear market, but a driver of it. The computers all pre-set to dump stocks at arbitrary prices (stop losses) causes the market to over-react to outside issues. Again, the fellow from Blackrock spelled it out, gave specific examples, and said such banks of computers exaggerate market movements, in both directions. This is what affects retail investors the most, the greatest impact. Now that I re-read your post #335 I think we are essentially saying the same thing.

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Those are all short term moves. The direction the market goes over a day or two doesn’t really matter unless you are trading on margin. The Fed controls the current of the market.

Relatedly, the Fed’s announcement today was as expected but not as bad as feared. The 10 year yield started to check back and we are getting a post-Fed afternoon rally.

I don’t know if you looked at the tweet I posted, but that is the most important driver of stock and bond performance right now.

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Originally Posted by Guisslapp

I don’t know if you looked at the tweet I posted, but that is the most important driver of stock and bond performance right now.

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Elon will be banning you from Twitter, better enjoy it now...

:shocked2:

Red day in the market. 41 of my 44 holdings are down today. Not a big deal as it's all on paper, and I look for opportunities to nibble in the dips. But! the bigger question is, where is the bottom? I don't think we're there or even relatively close to a bottom, yet. We have a frickin' clown show in the White House and presently out-of-control in DC, so the economy has more hurdles to clear, thrown in front of it by the stupid democraps.

I am not one to lay all the blame on whoever is POTUS, because stuff happens, sometimes not the fault of the WH and/or Congress. But!! when you have idiots up there, they either don't do anything to fix things, because they simply don't know how or are purposely engaged in polices that are harmful to the economy (for political agenda reasons). So, in this case, while some of this is not the doing of Biden, he is clueless (and/or doesn't care) how to address the problems. Therefore, the market will be the scoreboard of said harmful policies. For months the numbers (polls) have been screaming a warning about the lack of confidence among consumers and business leaders. We are lurching toward a recession when in truth, the US economy should be poised to explode to the good.

Going back some 70 years the economy has performed the best under these three presidents, in order: 1) Bill Clinton, 2) Ronald Reagan, 3) Donald Trump. And the three worst have been: 1) Jimmy Carter, 2) Joe Biden 3) obummer (slow, anemic growth). Biden cannot/will not rescue the economy.

Now, if the GOP crushes it in the mid-terms and grabs a large enough working margin in Congress can they turn it around starting January, 2023? I suppose it is possible, but unfortunately The Swamp swallows everyone and even well-intentioned lawmakers get overwhelmed and some succumb to the "oh well, I tried, might as well profit personally" syndrome.

The good news is, no matter what, the market provides opportunities to make money. Just have to know how and pay attention.

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Originally Posted by dawg80

Red day in the market. 41 of my 44 holdings are down today. Not a big deal as it's all on paper, and I look for opportunities to nibble in the dips. But! the bigger question is, where is the bottom? I don't think we're there or even relatively close to a bottom, yet. We have a frickin' clown show in the White House and presently out-of-control in DC, so the economy has more hurdles to clear, thrown in front of it by the stupid democraps.

I am not one to lay all the blame on whoever is POTUS, because stuff happens, sometimes not the fault of the WH and/or Congress. But!! when you have idiots up there, they either don't do anything to fix things, because they simply don't know how or are purposely engaged in polices that are harmful to the economy (for political agenda reasons). So, in this case, while some of this is not the doing of Biden, he is clueless (and/or doesn't care) how to address the problems. Therefore, the market will be the scoreboard of said harmful policies. For months the numbers (polls) have been screaming a warning about the lack of confidence among consumers and business leaders. We are lurching toward a recession when in truth, the US economy should be poised to explode to the good.

Going back some 70 years the economy has performed the best under these three presidents, in order: 1) Bill Clinton, 2) Ronald Reagan, 3) Donald Trump. And the three worst have been: 1) Jimmy Carter, 2) Joe Biden 3) obummer (slow, anemic growth). Biden cannot/will not rescue the economy.

Now, if the GOP crushes it in the mid-terms and grabs a large enough working margin in Congress can they turn it around starting January, 2023? I suppose it is possible, but unfortunately The Swamp swallows everyone and even well-intentioned lawmakers get overwhelmed and some succumb to the "oh well, I tried, might as well profit personally" syndrome.

The good news is, no matter what, the market provides opportunities to make money. Just have to know how and pay attention.

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The market returns under Obama were also higher than under Trump.

But mixing politics with investing is a surefire way to underperform the market.

Keep your eye on the 10-year Treasury yield. I am just glad my exposure to bonds is minimal.

Tiger Global may have liquidated today.

Getting close to my 3 1/2 - 4% CD rates!

Blood on the street!

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Originally Posted by dawg80

Blood on the street!

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Gotta admit I'm starting to like the automobile companies not named Tesla. There is lots of pent up demand for new cars at this point, and once they are available again I see lots of car buying for lots of Americans (assuming the diaper wearing moron doesn't completely crash the country by then).

I started looking at them after you said something about Ford, so I wanted to let you know your thoughts had an audience.

Now, if I do end up buying some of them and hit it big, it was because I reasoned myself through such a trade. If it goes south, I was given bum advice! :D:D

I bought tons of bank stocks during the financial crisis that I sold in December, and bought lots of oil stocks when oil prices supposedly went negative. This may be my next swing at the fences.

I have opened a position in Ford and just added a little more on this dip. On stocks like Ford, I ask myself is this a good company, likely to survive and even thrive over the next, say, 5 years or so. I think the answer is yes. Ford is unloading the anchor that has dragged down their stock, Rivian Motors. Ford just sold 8 million shares of Rivian but has a long way to go yet. It is a problem! but at least Ford is taking steps to correct the error.

And, if you were to take the Rivian mess off of Ford's books we see a solid, profit-making company, positioned to rebound nicely. Alas, the reality is, they do have that anchor to deal with. I think investors buying F stock at these prices will be very happy in a few years.

Those who forget history or doomed to repeat it! I remember when stocks like McDonald's were selling for something like $15/share, and that was NOT very long ago. Now look at it. I am still kicking myself for not pulling the trigger on McDonald's when I had the chance and the means to do so. No, I am NOT saying F will reach prices of $250 like MCD has...just that I won't miss this train when it leaves the station.

In the bigger picture some pretty smart and market savvy pundits are predicting more down-trending for the market. Many think we haven't bounced off the bottom yet. So, I am nibbling but keeping a lot of powder dry.

Quote:

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Originally Posted by dawg80

I have opened a position in Ford and just added a little more on this dip. On stocks like Ford, I ask myself is this a good company, likely to survive and even thrive over the next, say, 5 years or so. I think the answer is yes. Ford is unloading the anchor that has dragged down their stock, Rivian Motors. Ford just sold 8 million shares of Rivian but has a long way to go yet. It is a problem! but at least Ford is taking steps to correct the error.

And, if you were to take the Rivian mess off of Ford's books we see a solid, profit-making company, positioned to rebound nicely. Alas, the reality is, they do have that anchor to deal with. I think investors buying F stock at these prices will be very happy in a few years.

Those who forget history or doomed to repeat it! I remember when stocks like McDonald's were selling for something like $15/share, and that was NOT very long ago. Now look at it. I am still kicking myself for not pulling the trigger on McDonald's when I had the chance and the means to do so. No, I am NOT saying F will reach prices of $250 like MCD has...just that I won't miss this train when it leaves the station.

In the bigger picture some pretty smart and market savvy pundits are predicting more down-trending for the market. Many think we haven't bounced off the bottom yet. So, I am nibbling but keeping a lot of powder dry.

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You seem to like companies with high debt loads.

Quote:

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Originally Posted by Guisslapp

You seem to like companies with high debt loads.

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Right after he forgives student loans, Biden plans to wash away all debt on the traditional car companies too.

The clown show in DC continues. Inflation remains near 40-year high. Maybe if dem voters feel enough pain they'll finally reject the disaster that is the Dem Party. Well...probably not. Dem voters are not the sharpest crayons in the box.

Meanwhile the market is giving back more of its gains, thanks to Sleepy Joe.

BUYING OPPORTUNITY! But go slow and be very choosey, haven't hit the bottom yet. Got two+ years more of Biden et al, and even the GOP getting control of Congress in January won't help much. Still too many "Republicans" in the GOP and not enough true CONSERVATIVES.

Friday was very much GREEN! But was probably just a bear market bounce. Stay tuned...

Walmart took it on the chin yesterday. More of the same today? Actually, most of retailers had a rough day. Home Depot was the exception.

The policies of Biden et al are hitting hard now and it'll get worse before it gets better. A lot of this downturn is Biden's fault, and we all knew it was coming. Some of the economic mess is not Biden's fault, directly, but he has no answers to address them, and worse, his policies exasperate them.

As for the market itself, no worries. Just remember all the bear markets, Black Monday-1987, the DotCom crash (2000), the mortgage crunch (2008), the China Virus mess (2020) and in each case they were buying opportunities. Those brave enough to swim against current found bargains and came out much richer. This drop is (will be) no different.

The only question is, where's(when) the bottom?

I am waiting until the baby gets thrown out in the bathwater; then I'll buy the baby.

The stock market is now lower than what it was when Trump left office. The Supreme Court needs to look at all the evidence that has been gathered on all the fraud in the 2020 election and put Trump back in office before our country turns into the next Venezuela. True the Vote has all the information needed to overturn the election. We don't need an investigation by the crooked FBI. They should have done their job during the election and we wouldn't be in the mess we are today. Let's get this racist sob out of office before he does more damage. He's even committed genocide by not doing anything about the baby formula shortage. He did nothing when that plant was shut down by his regime in 9/2021. He wants to kill babies born to American citizens and replace them with criminal aliens.

Ford sold 8 million shares of Rivian Auto to lighten their debt load, and now George Soros, via his Soros Fund Management, has bought 6 million shares of Rivian. That brings his total to 25 million shares of the EV automaker.

In other news, which is not "news" the housing market is tanking. Rising mortgage rates combined with extreme concerns of consumers on inflation, the nation on the wrong path, etc... is causing people to rethink the major purchase of a house. Folks are hunkering down and bracing for more, and worse, economic hardships to come.

In still other news, a Yahoo Finance article links the bounce of the market back into the green as misplaced confidence by investors in the Fed, that the Fed will bail them out.

Quote:

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Originally Posted by dawg80

Ford sold 8 million shares of Rivian Auto to lighten their debt load, and now George Soros, via his Soros Fund Management, has bought 6 million shares of Rivian. That brings his total to 25 million shares of the EV automaker.

In other news, which is not "news" the housing market is tanking. Rising mortgage rates combined with extreme concerns of consumers on inflation, the nation on the wrong path, etc... is causing people to rethink the major purchase of a house. Folks are hunkering down and bracing for more, and worse, economic hardships to come.

In still other news, a Yahoo Finance article links the bounce of the market back into the green as misplaced confidence by investors in the Fed, that the Fed will bail them out.

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I may have been too late to sell my home. We are putting it on the market in mid June and plans are to move back to Ruston on family land. We will both work remotely and begin a much simpler lifestyle with a garden, raising our own beef, and chickens. Can't wait..

Quote:

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Originally Posted by FriscoDog

I may have been too late to sell my home. We are putting it on the market in mid June and plans are to move back to Ruston on family land. We will both work remotely and begin a much simpler lifestyle with a garden, raising our own beef, and chickens. Can't wait..

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That sounds like the American dream.

Hopefully the market stays hot and you can get yours sold close to the top.

Quote:

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Originally Posted by FriscoDog

I may have been too late to sell my home. We are putting it on the market in mid June and plans are to move back to Ruston on family land. We will both work remotely and begin a much simpler lifestyle with a garden, raising our own beef, and chickens. Can't wait..

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Welcome back home! No place like it.

Quote:

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Originally Posted by ChuckK3

Welcome back home! No place like it.

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Can't wait.. Only issue I was concerned about was good internet speed, but I think I have that one worked out now. I will say even the more rural parts of N Louisiana seem to be better with internet coverage than S Louisiana.

Quote:

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Originally Posted by FriscoDog

Can't wait.. Only issue I was concerned about was good internet speed, but I think I have that one worked out now. I will say even the more rural parts of N Louisiana seem to be better with internet coverage than S Louisiana.

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AT&T fiber?

They advertise that anyway.

Anyone have any insight into Intel and Cisco? Intel in particular is being bashed by the Wall Street talking heads.

Quote:

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Originally Posted by dawg80

Anyone have any insight into Intel and Cisco? Intel in particular is being bashed by the Wall Street talking heads.

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Citi just said that Intel will pre-announce a miss in revenues and income, and cut their price target to $45. Intel is at least a three year play when they plan to become the biggest (or one of the biggest) chip fabricators in the world. Unfortunately they are quite large and are having a difficult time changing direction.

I was looking at Cisco the other day. Nice dividend and not likely to become obsolete. Getting kind of interested in them as their price declines.

I already have a little bit of Intel and plan to buy more if it gets into the 30s.

Thanks.

Both Intel and Cisco would be new positions for me, would like as low an entry point as possible, of course.

Isn’t HD retired from Cisco?

Quote:

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Originally Posted by PawDawg

Isn’t HD retired from Cisco?

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I think so, which is why I am only now considering buying Cisco :shocked2:.

Quote:

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Originally Posted by dawg80

I think so, which is why I am only now considering buying Cisco :shocked2:.

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That's good stuff!

Intel dipping below $40...getting tempting. Cisco is also getting closer to the $40 mark. But now I'm thinking we're not even close to the bottom yet. Not just for these two but the market as a whole.

The chickens are coming home to roost! This is Biden et al in all their glory. All of you morons who voted for this POS and support the Democraps...shame on you! Recession looms, the economy is getting clobbered, and the average American is paying the high price. Wall Street is the scoreboard, if you will, a stark, visible indicator of the state of affairs. So! that means opportunities are ahead for we long-term investors. It's bargain basement time, and it will soon be time to go shopping (buying!). I have been nibbling a little bit beating ex-dividend dates on some of my holdings, but mostly I am sitting on a pile of cash! Have flipped three houses since February and sold one of my long-time rental properties, all of it parked in a low-interest-paying money market account. Have to deploy those funds ASAP. And I see opportunity looming.

I suppose I should thank Sleepy Joe and the morons who placed him there.

Quote:

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Originally Posted by dawg80

Intel dipping below $40...getting tempting. Cisco is also getting closer to the $40 mark. But now I'm thinking we're not even close to the bottom yet. Not just for these two but the market as a whole.

The chickens are coming home to roost! This is Biden et al in all their glory. All of you morons who voted for this POS and support the Democraps...shame on you! Recession looms, the economy is getting clobbered, and the average American is paying the high price. Wall Street is the scoreboard, if you will, a stark, visible indicator of the state of affairs. So! that means opportunities are ahead for we long-term investors. It's bargain basement time, and it will soon be time to go shopping (buying!). I have been nibbling a little bit beating ex-dividend dates on some of my holdings, but mostly I am sitting on a pile of cash! Have flipped three houses since February and sold one of my long-time rental properties, all of it parked in a low-interest-paying money market account. Have to deploy those funds ASAP. And I see opportunity looming.

I suppose I should thank Sleepy Joe and the morons who placed him there.

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Yeah, I'm not buying anything yet. Consumer sentiment dropped 8 points this month, inflation actually ticked up, and our diaper dandy is running around the country (globe) clueless to how his policies are destroying America.

I started reducing my stock holdings in March (even the oil and gas holdings I bought when the price of oil supposedly went negative) and got to 97% cash. I am not a great fan of the stock market to begin with.

My stock market advice (don't lift your stick too soon):

https://youtu.be/FaF5MAY1Wow

Nearly 2 hours to today's opening bell and the DOW implied opening is down another 600 points. Whoa! keep your powder dry, we ain't hit bottom yet.

Quote:

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Originally Posted by dawg80

Nearly 2 hours to today's opening bell and the DOW implied opening is down another 600 points. Whoa! keep your powder dry, we ain't hit bottom yet.

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Woe! what a day. I am down $48,000 just today! In one frickin' day! And more "pain" to come tomorrow as we are still not at the bottom. Another 8% overall to go, at least. Strange thing is usually on days like this I can point at a sector, a handful of stocks as the big culprits. But in this case there is no one sector that is all that much worse than the others. Market just closed and my single biggest losers today are down about 10%. It's just that they are ALL DOWN some percentages. Not one finished green either, not one. Add this to Friday's big losses and woe! Oh, the pain! NOT! It's only on paper, or on my computer screen actually.

Now, over the next several days, perhaps longer, it's time to go bargain hunting...and it's a target-rich environment. GLTA!

Quote:

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Originally Posted by dawg80

Woe! what a day. I am down $48,000 just today! In one frickin' day! And more "pain" to come tomorrow as we are still not at the bottom. Another 8% overall to go, at least. Strange thing is usually on days like this I can point at a sector, a handful of stocks as the big culprits. But in this case there is no one sector that is all that much worse than the others. Market just closed and my single biggest losers today are down about 10%. It's just that they are ALL DOWN some percentages. Not one finished green either, not one. Add this to Friday's big losses and woe! Oh, the pain! NOT! It's only on paper, or on my computer screen actually.

Now, over the next several days, perhaps longer, it's time to go bargain hunting...and it's a target-rich environment. GLTA!

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With the increased cost of food/gas/utilities (Basically everything) I don't have anything leftover to bargain shop anymore.. :bomb:

Pundits claimed the market had already built in the 75 BPS increase. Okay. So yesterday the market rallied, supposedly because Powell did not have any unpleasant surprises (100 BPS). But today, futures are down again...

Saw some talking head on some show I was watching, probably om CNBC, griping that 8 unelected bozos have too much power over the economy. Well, if what the Fed does, or does not do, affects the market so much then explain the market tanking pre-market AFTER the Fed effects have been built in. It's not those 8 unelected bozos so much as it is the ONE unelected clown in the White House! Was satisfied to see Joe Concha pronounce that Jimmy Carter is now officially the second worse POTUS of all time...

Quote:

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Originally Posted by dawg80

Pundits claimed the market had already built in the 75 BPS increase. Okay. So yesterday the market rallied, supposedly because Powell did not have any unpleasant surprises (100 BPS). But today, futures are down again...

Saw some talking head on some show I was watching, probably om CNBC, griping that 8 unelected bozos have too much power over the economy. Well, if what the Fed does, or does not do, affects the market so much then explain the market tanking pre-market AFTER the Fed effects have been built in. It's not those 8 unelected bozos so much as it is the ONE unelected clown in the White House! Was satisfied to see Joe Concha pronounce that Jimmy Carter is now officially the second worse POTUS of all time...

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And the FED will not be able to stop the inflation caused by 110-120 dollar a barrel oil. Only the unelected idiot in the WH can do that by opening up offshore and federal land drilling, allowing the pipeline from Canada to be built, and getting off of the necks of oil companies. Even then it will take a year or two to recover from all the stupid "green" decisions he has made.

Naturally this idiot is doing just the opposite.

I see lots of pain ahead.

Be prepared for large food shortages.. You are seeing a record number of "fires" or "accidents" at various food processing, meat / chicken processing facilities. Over 1000 cows died in KS this past week. Rumors poisoned water.. I think there is a conscious effort to effect and cripple the food supply. My house goes on the market today. I will be moving back to Lincoln parish on family land. I am not retired yet, but my standard of living will be greatly improved compared to living in Frisco. My property tax savings of 1100 a month will help greatly.

Quote:

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Originally Posted by FriscoDog

Be prepared for large food shortages.. You are seeing a record number of "fires" or "accidents" at various food processing, meat / chicken processing facilities. Over 1000 cows died in KS this past week. Rumors poisoned water.. I think there is a conscious effort to effect and cripple the food supply. My house goes on the market today. I will be moving back to Lincoln parish on family land. I am not retired yet, but my standard of living will be greatly improved compared to living in Frisco. My property tax savings of 1100 a month will help greatly.

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Your property tax savings of 1100/month. WOW!!!

Quote:

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Originally Posted by FriscoDog

Be prepared for large food shortages.. You are seeing a record number of "fires" or "accidents" at various food processing, meat / chicken processing facilities. Over 1000 cows died in KS this past week. Rumors poisoned water.. I think there is a conscious effort to effect and cripple the food supply. My house goes on the market today. I will be moving back to Lincoln parish on family land. I am not retired yet, but my standard of living will be greatly improved compared to living in Frisco. My property tax savings of 1100 a month will help greatly.

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I really don't think we're seeing a concerted effort to cripple the food supply. It's more likely to be the yellow-bus syndrome of people starting to pay more attention the the supply chain in general, so every little incident now starts to get more attention. Several of these incidents either happened in an area close to the plant or only occurred in a non-critical area. https://www.nationalreview.com/the-m...acility-fires/

A thousand cows sounds like a lot (and it likely is a lot to the rancher that owned them) but it's barely a blip on the radar compared to the millions of cows that are butchered each month (data from 2019, most recent I could find: https://www.nass.usda.gov/Publicatio...s/lstk0619.pdf)

I hope you're able to get your house sold quickly. With rising interest rates, the housing market will likely be cooling off very soon.

Quote:

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Originally Posted by Dowty

With rising interest rates, the housing market will likely be cooling off very soon.

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Already starting.

Housing Starts Collapse in May As Inflation and Soaring Interest Rates Hit Hard (breitbart.com)

[QUOTE=

I hope you're able to get your house sold quickly. With rising interest rates, the housing market will likely be cooling off very soon.[/QUOTE]


Yeah.. we may have waited too late to pull the trigger.. Probably should have done this 2 months ago..

First 6 months of 2022 is the worst for the market since 1970. Wow! that includes the 4 years of Carter. Congrats to Sleepy Joe for doing worse than Jimmy "the boob" Carter.

Where are all the Bidenites who gleefully posted and cheered after the Dems stole the 2020 POTUS election? Be glad, they said, that Trump was gone and now good ole Joey boy Biden was "in charge." And there are those who are trying to cover for Biden by saying a president doesn't control the stock market/economy and the market does what the market does. While it is true the White House/Congress don't have absolute control such as a monarchy or fascist government would, the policies of the WH (and Congress) have a HUGE influence on the economy and the stock market is the scoreboard, reflecting said policies.

Oh well, I have tons of dry powder and am monitoring matters. I am nibbling a little bit, adding some few shares on dips and opening new positions with minimal shares in some companies I have been eyeing for years. We have all seen the market go down then spring back and afterwards with 20-20 hindsight say, Dang! I should have loaded up on XYZ stock! It'll happen again.

Atlanta's GDP Fed Tracker Turns Negative...


The Federal Reserve Bank of Atlanta’s GDPNOW economy tracker turned negative on Thursday following the release of economic data on Thursday morning. The tracker now shows the economy shrinking one percent in the April through June period, down from an estimate of 0.3 percent growth earlier this week. For the two weeks prior to this week, the tracker had showed zero growth.


https://www.breitbart.com/economy/2022/06/30/atlanta-feds-gdp-tracker-points-toward-another-quarter-of-economic-contraction/

GameStop (GME) announces stock "Dividend" split of 4:1 to put wicked shorters in a bind


https://preview.redd.it/pmeh7tohc1a9...=webp&cf9f5bfd


https://www.reddit.com/r/Superstonk/...e_rocket_ship/

I hold 45 stocks and have 66 on my watchlist, all 111 are in the red this morning. Usually some go up while others go down, for instance gold stocks react the opposite to consumer and industry stocks based on the latest economic news. For gold stocks to join the high beta stocks in dropping points to ZERO confidence in the US/world economic health.

The Biden effect in full force.

Walmart stock plunged over 11% after hours on released full year revenue guidance.

WMT has a 20% surplus inventory they haven't been able to move. Yo WMT folks! try a SIDEWALK SALE! (only, do it inside the a/c stores). Mark everything down and salvage what income you can.

Meanwhile, thanks for the buying opportunity. Will watch it pre-market and just after opening.

80, when do you think we reach the bottom in the market?

Quote:

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Originally Posted by SicemDawgz

80, when do you think we reach the bottom in the market?

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A lot of the bad news is already baked in. Something more traumatic will have to happen to cause a "crash". So, the market is bouncing off the bottom now...again, based on recent news and events.

Caveat: never underestimate Biden et al's ability to cause "something more traumatic." But then you'll know, we'll all know, to duck and brace for a large drop.

I have never stopped nibbling, adding some shares on dips. Still keeping a lot of my powder dry but I am still IN THE MARKET. Investing guru Peter Lynch says never get out of the market. He means to maintain a presence, not be reckless, but also don't totally liquidate either. Just read a research article that traced 100 investors beginning in 1990, so 30+ years. Those who held good dividend-paying stocks and stayed in the market even during bad times faired a lot better than the buy/sell folks. I didn't need the article to convince me. I have employed the Peter Lynch/Warren Buffet strategy for over 40 years now.

Quote:

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Originally Posted by dawg80

A lot of the bad news is already baked in. Something more traumatic will have to happen to cause a "crash". So, the market is bouncing off the bottom now...again, based on recent news and events.

Caveat: never underestimate Biden et al's ability to cause "something more traumatic." But then you'll know, we'll all know, to duck and brace for a large drop.

I have never stopped nibbling, adding some shares on dips. Still keeping a lot of my powder dry but I am still IN THE MARKET. Investing guru Peter Lynch says never get out of the market. He means to maintain a presence, not be reckless, but also don't totally liquidate either. Just read a research article that traced 100 investors beginning in 1990, so 30+ years. Those who held good dividend-paying stocks and stayed in the market even during bad times faired a lot better than the buy/sell folks. I didn't need the article to convince me. I have employed the Peter Lynch/Warren Buffet strategy for over 40 years now.

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What dividend paying stock would you buy right now? I picked up some Walmart a few weeks back on the dip.

From a newsletter I subscribe to, supporting the notion of a bull market...



August 4, 2022Why The U.S. Stock Rally Looks More Like A New Bull Market Than A Bear Bounce To These Analysts



Broader is better when it comes to the stock market rally and some analysts see technical signs that gains may be signaling the end of the 2022 bear market, though it’s too early to say for sure.

“The risk that the recent advance is merely a bear market rally has not been eliminated. But…the technical improvement up to this point is more akin to a new cyclical bull market than a bear market rally,” said Ed Clissold and Thanh Nguyen of Ned Davis Research, in a Tuesday note.

Quote:

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Originally Posted by SicemDawgz

What dividend paying stock would you buy right now? I picked up some Walmart a few weeks back on the dip.

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I am doing two things: 1) cost-averaging down on all my holdings, buying on dips and 2) emphasizing dividend aristocrats & kings, such as JNJ, PG, BMY, etc...

My tactics now is to lean heavily toward capital preservation vs. appreciation. I am semi-retired, about to start drawing social security (next February), so I am more interested in conservative holdings more likely to not lose value while still offering some growth. I am still opening new positions as well when I think the stock/company warrants it. For instance, doing some DD on a small company AMKR. I am also going heavier into selling covered calls.

A few positions I have added to recently include JPM, PEP, VZ, O. But the market is generally up, even with some day to day pullbacks, so I haven't added a lot recently.

Of course, I am NOT a financial planner so take whatever I post with a grain of salt and always do your own DD. I just know what I am comfortable with, and the results speak for themselves. My portfolio is up, up, and away! Good luck!

For dividends, I normally stay with the ETFs to spread out the risk. I like SCHD and VYM for this purpose.

I have held stocks for dividends before where the dividend was either reduced or eliminated, which naturally caused the stock to plummet. Any due diligence I do is based on published reports (10K, balance sheet, income statement and statement of cash flow), which may or may not represent the true future outlook for the company. Plus, you have to trust that the CEO/CFO are competent and leading the company in a good direction while they are paid a fortune for just being there (usually not based on performance at all).

Of course, you may be better at picking individual stocks than I am.

Thanks for the discussion guys. I do believe we are at the bottom of this thing as far as the market goes. I recently picked up some shares of PHUN when it was around $1. If Trump announces he is running for another term, it will go through the roof. I’m hoping to hold it until November and see what happens. I love to pick up penny stocks here and there more for fun than as a real investment strategy. I’ll let y’all know how I do.

I have had very little luck with penny stocks...like PHUN. Have invested in probably about 15 such start-ups over the years with at least 12 of them losing money. Not much money, measured in $hundreds, but losers nonetheless. Good luck with this one. And what does Trump running again, which he will, have to do with this stock (company)? Reading some of the comments on Yahoo, posters are saying if Trump runs this stock will soar past $300. But I see no mention of Trump in the company's profile.

Quote:

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Originally Posted by dawg80

I have had very little luck with penny stocks...like PHUN. Have invested in probably about 15 such start-ups over the years with at least 12 of them losing money. Not much money, measured in $hundreds, but losers nonetheless. Good luck with this one. And what does Trump running again, which he will, have to do with this stock (company)? Reading some of the comments on Yahoo, posters are saying if Trump runs this stock will soar past $300. But I see no mention of Trump in the company's profile.

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Supposedly their mobile software was utilized with his re-election campaign. I’ve had the same luck in the past with low market stocks, but it’s fun to really research one and put a couple $100 in just for something to watch short term. It’s better than me giving a Benjamin to some leftist Hollywood actor at the movie theater.

Quote:

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Originally Posted by dawg80

I am doing two things: 1) cost-averaging down on all my holdings, buying on dips and 2) emphasizing dividend aristocrats & kings, such as JNJ, PG, BMY, etc...

My tactics now is to lean heavily toward capital preservation vs. appreciation. I am semi-retired, about to start drawing social security (next February), so I am more interested in conservative holdings more likely to not lose value while still offering some growth. I am still opening new positions as well when I think the stock/company warrants it. For instance, doing some DD on a small company AMKR. I am also going heavier into selling covered calls.

A few positions I have added to recently include JPM, PEP, VZ, O. But the market is generally up, even with some day to day pullbacks, so I haven't added a lot recently.

Of course, I am NOT a financial planner so take whatever I post with a grain of salt and always do your own DD. I just know what I am comfortable with, and the results speak for themselves. My portfolio is up, up, and away! Good luck!

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Are you still in KMI? That dividend is really compelling, and barring a catastrophic failure of one of their pipelines it seems like a safe bet.

Just their jet fuel deliveries alone should help their cause. Takes a lot of fuel to run those private jets the warming alarmists are use to fly around telling everyone to stop using fossil fuels.

Quote:

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Originally Posted by DawgyNWindow

Are you still in KMI? That dividend is really compelling, and barring a catastrophic failure of one of their pipelines it seems like a safe bet.

Just their jet fuel deliveries alone should help their cause. Takes a lot of fuel to run those private jets the warming alarmists are use to fly around telling everyone to stop using fossil fuels.

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Yep! still holding KMI.

The bottom is in? If you trust history, then yes, we have hit the bear market bottom and a rally is imminent.

Dating back to 1950 ten times the market followed this same pattern...a drop, followed by a "bear market bounce" where the indexes recovered 50% of their lost value, followed by a bull market rally. So, will 2022 make it a perfect 11 for 11? If not, it'll break this winning streak. Of course, with that idiot Joe Biden and his merry band of commie bastards in charge, anything is possible. But most pundits think the bad news is already baked in and the market should rally.

For me, I have continued to nibble with small, targeted purchases to reduce some of my cost basis. But I have mostly been accumulating cash ready to jump in "big" when a rally comes. If history holds, then a rally should be coming soon.

Of course, this is not investing advice. Just throwing in a little historical perspective.

Holy Moly! the market didn't get the memo about the bull rally! :rolleyes4: