Finance Thread - What stocks are you in, etc.

dDUBb said:
Holy fuck. I don't even want to talk about it. šŸ¤
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Hold tight. The market is taking a breather. The drop is across the board. Look for lower entry points to average down your positions.

I'll be happy to take a look at your portfolio if you want to PM me we can discuss positions and options in private if you're interested.

I've got my losers too, it's not all cake and Ice cream.
 
Trunk Monkey said:
Hold tight. The market is taking a breather. The drop is across the board. Look for lower entry points to average down your positions.
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I hope it's having a breather after taking a huge shit for the whole past week.

I'm still good; haven't dropped to my buy in points for the most part - it was just all that unrealized gain went from 130% to 60% .. šŸ„“
 
I wish I knew how to trade. I got let go back in March 2000 and stuck my 10K in an IRA as a tax avoidance and that lying POS at Raymond James put me in 3-4 mutual funds that had a good record. in a year i had $2500 and I said F it and split it into GE & Ford. GE never recovered and I sold in 2015 for half what I paid. Ford went up to 15 so I took my $ and haven't been back Guess not having a teacher makes a difference. My new boss started talking about covered options or something like that and I just don't have much stomach nor time to follow stuff. Hell i have worked my butt off to raise 3 kids who are now in BIG school so I guess I can someday take a vacation. I just can't play rigged games like lottery.
 
Generalee0527 said:
I wish I knew how to trade. I got let go back in March 2000 and stuck my 10K in an IRA as a tax avoidance and that lying POS at Raymond James put me in 3-4 mutual funds that had a good record. in a year i had $2500 and I said F it and split it into GE & Ford. GE never recovered and I sold in 2015 for half what I paid. Ford went up to 15 so I took my $ and haven't been back Guess not having a teacher makes a difference. My new boss started talking about covered options or something like that and I just don't have much stomach nor time to follow stuff. Hell i have worked my butt off to raise 3 kids who are now in BIG school so I guess I can someday take a vacation. I just can't play rigged games like lottery.
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I hear ya. Itā€™s so important to do your own investing. My Dad got cleaned out like that by Merrill Lynch. They put his money in funds with 6 and 7% front loads and then churned them into other funds with 6 and 7% front loads about a year later. I was so pissed when I discovered what they had done but there was nothing I could do because mom & dad hired them as their ā€œadvisersā€. šŸ¤¬
 
I lost a shit ton of money today. šŸ˜…
 
Trunk Monkey said:
Oh yeah, Iā€™m down a lot too this week. Until I sell itā€™s just a number on a piece of paper. Consider it a buying opportunity on your winners to add to your position.
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This whole month. Sounds like a great buying opportunity - except I already cleared out all of my free cash from mutual funds šŸ¤Ŗ went from a solid 5% APY to ( -20% ) so far.

The thing that irritates me about the fed rate cut is that a lot of big tech companies have announced these mass layoffs .. Intel for example, to improve their bottom line .. 15k employees - stuff like that will reflect on the unemployment numbers the feds use to determine the "state of the economy" .. šŸ™„
 
dDUBb said:
This whole month. Sounds like a great buying opportunity - except I already cleared out all of my free cash from mutual funds šŸ¤Ŗ went from a solid 5% APY to ( -20% ) so far.

The thing that irritates me about the fed rate cut is that a lot of big tech companies have announced these mass layoffs .. Intel for example, to improve their bottom line .. 15k employees - stuff like that will reflect on the unemployment numbers the feds use to determine the "state of the economy" .. šŸ™„
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Intel has issues unrelated to the Fed. Yes. Great buying opportunities. Iā€™ll be doing some research this weekend looking for entry points.

Sasha Y. did a great commentary on the situation. This guyā€™s great. His delivery style reminds me of Jeremy Clarkson.

 
Trunk Monkey said:
I'll be happy to take a look at your portfolio
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20240803_105414.jpg

My 401k is currently equally distributed between all of these funds. I have been contributing somewhere between $20-25k on a yearly basis - but I can shift my portfolio around to go heavier on any of these funds at any time .. šŸ¤” I'll be stacking this one for the next 20+ years.

My personal invesement portfolio with Schwab is another matter ( composed entirely of stocks ) .. I started this one in 2017, throwing extra money, about $300 a week, for the Chevy SS fund to help cover monthly payment, accessories, tires, weekends at the track, supercharger, etc .. but as of now, I've already paid off the car and finished my desired build - so that extra money was throw at stock purchases .. my original goal after the SS was paid off was to start saving to put a nice down payment on a C8 Corvette. I'm just not as enthusiastic about making this purchase now as I was in 2020 with insane dealership markups and these high interest rates on a new loan. šŸ™„
 
You're in All of those funds !? Holy Crap!
šŸ˜²

That's crazy. Personally I'm not a fan of funds at all. Funds follow indexes and you can do that on your own. But, if those are your only choices in that account then pick and stick with only one or two of the funds. Are those funds your only choices in that account? Is there a self-directed-brokerage option?

Those target date funds are the worst. Their returns suck and their fees are high. Have you looked at the fund fees on all of those funds? I bet you're paying a fortune in fund fees to maintain that list.

If you want to, PM me the details of your Schwab account and I'll be happy to review it for you. Don't post it publicly. Roughly $300 a week is a fantastic savings rate!

Yes, Definitely don't spend it on a car! Let that money grow towards your retirement. Vehicles are one of the worst investments next to say, lottery tickets. Just don't go there!
 
Trunk Monkey said:
Is there a self-directed-brokerage option?
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Yes, I just need to sign a waiver to self direct funds.

Trunk Monkey said:
Have you looked at the fund fees on all of those funds?
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It's managed by a 3rd party; the funds are consolidated into one account called the Balanced Pool .. my admin fees come out to $240 / yr.

Trunk Monkey said:
Vehicles are one of the worst investments next to say, lottery tickets.
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Wife wants me to buy her a new Tahoe or Suburban .. šŸ™„ The SS has surprising retained 90% of its original price ( $50k ) even at 40k miles. Some people got lucky when GM was offering 20% below MSRP ( $37500 ) .. there were a few resold for $60k during the 2020 time period when car values actually went up.

Lottery tickets are like the stock market; can't win if you don't play. I hit 6 out of 7 numbers on the Super Lotto a few years back; if the digits were reversed on my 7th, I would have hit $1.2 million .. instead of the $1200 I recieved. šŸ˜‰

I'll see if I can snap a shot from one of my personal statements .. so you can laugh. šŸ¤£
 
Awesome! It's great that your SS has retained it's value. That's not common. But the SS you have is a really desirable car. That's why.

Admin fees and fund fees are billed separately. Admin fees are withdrawn on the front end, the fund fees are withdrawn from your holdings within the fund on the back end (they skim it off the top) You're paying a lot more than $240/yr. You just don't see it. I'd look closely at the fees for each of those funds.

True, you can't win if you don't play. But play smart! The odds on stocks are way better than the odds on lottery tickets.
 
PLTR reversed on an earnings beat (UP ~ 14 to 16% after hours). A ray of sunshine among the chaos on the street right now.
 
Thoughts on JEPI, JEPQ, SCHH, SCHD, and / or RYLD anyone?

I'm trying to decide on buying one of these or double down on either F or T.

I have enough in dividend returns sitting in my brokerage account to buy a desired amount of one of those stocks.
 
Not a fan of ETF's. In Brief:

JEPI - Currently has a hold rating. Currently 59.15 I'd look for a buy around $57
JEPQ - Currently has a buy rating but is up 16.45% YTD.
SCHH - Has a Hold Rating and is already up 30.79% YTD. Currently 22.60 I'd look for a buy in around $21
SCHD - Near an all time high at $84.65 and up 21.89% YTD. I wouldn't buy here. Look for a buy in around $78.83 It does have a Strong Buy/Buy rating though.
RYLD - Has a Strong Sell / Sell rating. Has fallen significantly since November of 2021. Down 2.7% YTD. Currently $16.14 Set an all time low of $14.75 back on August 5th.

T has finally dug itself out of the hole it was in forever. The time to buy was when it was down around 13 to 15 between July and October of last year. It's currently at almost $22. It's recent low was around $16 back in April. If you want it I'd wait for it to fall back below $20.

F has been a shit show. Currently down 11.8% YTD and has a Hold rating. Technicals indicate SELL. Seems to have a floor of support between $9.50 and $9.60.

Disclaimer: These are my opinions. I'm an idiot. Don't do what I do.
 
Trunk Monkey said:
Not a fan of ETF's. In Brief:

JEPI - Currently has a hold rating. Currently 59.15 I'd look for a buy around $57
JEPQ - Currently has a buy rating but is up 16.45% YTD.
SCHH - Has a Hold Rating and is already up 30.79% YTD. Currently 22.60 I'd look for a buy in around $21
SCHD - Near an all time high at $84.65 and up 21.89% YTD. I wouldn't buy here. Look for a buy in around $78.83 It does have a Strong Buy/Buy rating though.
RYLD - Has a Strong Sell / Sell rating. Has fallen significantly since November of 2021. Down 2.7% YTD. Currently $16.14 Set an all time low of $14.75 back on August 5th.

T has finally dug itself out of the hole it was in forever. The time to buy was when it was down around 13 to 15 between July and October of last year. It's currently at almost $22. It's recent low was around $16 back in April. If you want it I'd wait for it to fall back below $20.

F has been a shit show. Currently down 11.8% YTD and has a Hold rating. Technicals indicate SELL. Seems to have a floor of support between $9.50 and $9.60.

Disclaimer: These are my opinions. I'm an idiot. Don't do what I do.
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Thanks for your input Ron!

And while I acknowledge that you're not an expert and these are just your opinions, I feel your opinions are pretty good! I guess now I just have to decide what to buy.

Between all the above after your input, I have narrowed it down to SCHH, F, and T.

SCHH: Allows me to get back into REITs and with federal interest rates recently going down and expected to go further down by EOY, I would expect this to tick up some more.

F: My dollar cost average is $7.50-ish (without logging into my account, I know it's in this range). It would bring up my DCA if buying more, but I like it's dividend return.

T: I should have bought more when it was at it's lows, but I wasn't in a position to buy at the time. With it's current share price where it's at, I've just about broken even right now. I'm just in it for the divvy's.

RYLD: It's not on my list after your opinions input, but if I were to buy more, it'd just be a yield trap for me. But it's low price right now is really enticing. -_-

Decisions, decisions.
 
CDsDontBurn said:
Thanks for your input Ron!

And while I acknowledge that you're not an expert and these are just your opinions, I feel your opinions are pretty good! I guess now I just have to decide what to buy.

Between all the above after your input, I have narrowed it down to SCHH, F, and T.

SCHH: Allows me to get back into REITs and with federal interest rates recently going down and expected to go further down by EOY, I would expect this to tick up some more.

F: My dollar cost average is $7.50-ish (without logging into my account, I know it's in this range). It would bring up my DCA if buying more, but I like it's dividend return.

T: I should have bought more when it was at it's lows, but I wasn't in a position to buy at the time. With it's current share price where it's at, I've just about broken even right now. I'm just in it for the divvy's.

RYLD: It's not on my list after your opinions input, but if I were to buy more, it'd just be a yield trap for me. But it's low price right now is really enticing. -_-

Decisions, decisions.
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You're welcome and thanks so much for the kind words.

On RYLD: Yes the price is low but you can't just look at a low price, you have to look at the big picture and always consider other options. Which direction is that price likely to go? Up, down or sideways? What catalysts will move the price? Are there better places to put your money? RYLD has only returned 3.1% since inception. I believe there are many better places to put your money. Why did you buy it initially? Has your thesis changed? If so it might be time to get rid of it, not buy more.

SCHH has low fees which is good. Looking more closely I see that it's an REIT Index fund. I believe your faith that interest rates will drop further before EOY driving the fund price up is misplaced and that the anticipated move upward has already occurred given the fund is already up 30.79% on the year. (The rate move is already baked into the price.)

I do believe there are way better dividend opportunities out there than F (A dying auto mfg.) or T (A dying telecom with a shit ton of debt.)

Having said that, T does currently have a buy rating on it with a 5% dividend yield. Personally, I recently sold my T for a small loss at 20.40. I've been holding it since 2018 and am happy to be rid of this white elephant to redeploy the funds elsewhere. I'm glad to read you're at break even on T now; that's a good place to be. T has their next earnings report on 23 October. I'd wait to see what the stock does after earnings before making a buy decision. In other T news, T has worked out a deal to dump their remaining 70% interest in DirecTV, which is a white elephant off of their necks too. At&T has done a good job reducing it's debt although it has a ways to go. Fundamentally, VZ is a better buy than T at this point. I'd look for a VZ buy at around $39.


F OTOH has a 5.4% Yield.

I do follow an individual analyst over at Seeking Alpha who tracks REIT's and I have great faith in, his name is Rida Morwa. I'd recommend buying individual REIT's over a fund of them.

Rida Morwa

Read thorough research and investment insights by Rida Morwa on Seeking Alpha here. View their credentials, investment style, areas of focus, and more.
seekingalpha.com seekingalpha.com
 
My attraction to ETFs now is for overall exposure to different individual companies and / or exposure to an industry at wide. REITs I know are cyclical and right now the market is at a low point because of the higher interests rates.

That said, SCHH holds a good chunk in AMT. I cannot buy AMT right now on an individual basis at the entry quantity point I want with their $223/share price right now.

RYLD seems to be fairly spread out across industries. While I feel it's currently a yield trap, maybe it could also be an opportunity to DCA down and get better yields? IDK.

I'm a bit undecided on what to get šŸ˜… :cautious:.

My goal is to have dividends paying out and averaging between 5% - 7% across all my holdings.
 
Bought some HIMS yesterday. What are you guys up to?

ā€¦ and thereā€™s this ā€¦

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iffy stock but Gevo finally picked up momentum. I don't understand why people are so dramatic about intel. Even if they can't keep up, we need what they can make
 
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