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Not enough dividend for me Nick. Hows bout BMY ? KMB ?
Yes Court, the worlds scientists were wrong and this guy is right. Sure.
On 11/14/18 opened CGC. Well today folks stopped out of CGC at 42 for +19%.
Worth noting here, I added to EPD at $26 on 11/14/18 as well. I'm preparing to sell EPD probably before it goes ex dividend on 4/29/19. Looking for +9% or better return. It's there now at 9.13%, but I believe this may run upward a little more before the ex div.
Happy days are here again.
Always funny! I really got a laugh this morning. Rehashing memories.
Elroy, you're missing the bigger picture... Monty Python: "Nobody Expects The Spanish Inquisition" -
"Nobody expects the (Spanish) inquisition" Nick
I hope that you and Nick are correct, Court. Cancer is the most prevalent killer. So many people I know personally have waged that war, some have lost.
Well, Nick, I'd like to agree... but, I'll say this. I believe that I'm well placed in many positions. Those that aren't performing well I'm reinvesting dividends. Those that are performing well above the point of my cost basis, I'm not reinvesting dividends. And, I'm only speculating slightly with small positions in CGC and NIO. But believing that conceptually these stocks represent markets to be invested in, just the way I believed that Facebook and Mastercard and Visa (which I later closed) Northfield Bank and Richmond county Savings Bank (NYCB) were good to purchase at their IPO's. And as I recently opened EQH when it came to market which performed badly for a while and has since added over 14% to my initial investment.
When the markets tail spun in December '18 I waited for the dust to settle and added. I'm a basic returns kinda guy expecting 9-30% back on most investments. Being a chartist I look at a variety of factors, but most simply where the stock has been at its highs and lows then considering and acting.
For example, I like stocks like EPD. Near it's high again and returning over a 6% dividend anyway it's just about ripe again for the third time to reduce or close my position at near a 9% return on a short term investment basis. This one's in my IRA so I'm not really too concerned tax wise with its short term return. The chart is so obviously the best tell for this stock and quite frankly if I get my 8-9% short term return I'm quite content.
… Not exactly a correct assessment...
Everything has gone up 70+ % since December. Except the stocks I own. ( Naturally )
LYFT appears to begin recovering...
Yes, but I think there's a niche market.
It would be if they were in India or Africa though.
A career job- less recovery then to be more succinct Court.
Yes Court. Everyone is working for less with no benefits or pensions. Jobless recovery. Nice way to create a fiefdom.
Thanks Nick !
There was no mention of NIO in the Forbes article and mass transportation which is utilized much more outside the U.S. is most likely to be the chief transport mode in the future.
The article is shot through with holes, many of the statements made are simply presumptive.
If you're touting NIO as an investment option, I for one person here actually own the stock and am willing to hold indefinitely my (inexpensively relatively tiny) position in the stock.
NIO's been cut in half quite recently and I added more at $5.35.
Doesn't mean for one second though that I would recommend the stock. It's a long shot.
Nice 3.84% dividend on CVS Nick. I like it. What about WBA. A bad quarter does not a bad stock make?
The long and short of it is that American corporations shorted the American worker yet again. Our fathers pension has gone by the way of the dodo. The need for many to live at a higher standard of living not underscored by the inflation reduced real dollars earned has further contributed to the morass.
Personally, I saw this coming in the 1980's while corporations that I invested in were sending those pensionable career jobs overseas.
As everyone touted 401k's, I began my employment with the City of NY. Though I invested heavily in my 457, 401k, IRA, and Roth IRA's others were living the high life on borrowed cash.
Now my only concern is reaching 70 1/2 when I'll have to start taking my required minimum distributions.
For now I'm perfectly content sitting back and reinvesting those retirement savings proceeds and collecting 2 pensions. One from the City of NY, the other from the I.B.E.W. along with social security since retiring at 56 years old in 2010.
Later on if I live so long, I'll take my annuity from IBEW Local Union #3, and Trans America. As well as my retirement savings accounts and from the sales proceeds of my house.
Only rub, a catastrophic health issue depleting my reserves and income. As others have said and to quote: "no one expects the Spanish inquisition" … the best laid plans and all...
It would be nice for all of us capitalists to have a safety net for this health concern. I'm certain this does or will concern us all at some point.
I shudder to think of the average person with $58,000 in retirement savings. I pity the fool.
2.32% dividend on INTC's stock also Nick.
Finally in the green with IBM since adding to it way back when. Up a whopping ..96% ! WOW !
Anyone watching KMB ? BA ? KNOP ? LYFT ? CGC ?
Raising cash where possible, selling longshots and not reinvesting dividends in winners. Cost basis goes up with dividend reinvestments.
Raising cash where possible, selling longshots and not reinvesting dividends in winners. Cost basis goes up with dividend reinvestments.
Closed other half of position in nflx. Purchased at $330. Closed at $362 on a trailing stop.
What's the yield to maturity Nick.
I may consider those...Using what means to attain them? In what denomination. For what maturity date?
Thanks Nick.
I have to pay taxes anyway.
Conversely, I opened a 12 month CD with Synchrony Bank paying 2.8%
The difference is that the 2.25% bond is in my retirement account and the 2.8% isn't.
I haven't been able to find higher yielding short term instruments in retirement accounts. But I'm still looking.
Any insights here would be valued Nick.
I'm not one for Muni's they have a tendency to go down in NAV if in mutual funds and I haven't seen many Muni bonds out there meeting my criteria.
Same for Preferreds. Why get a preferred with the liability of potential lost value when I can pick up a bond that provides the same income with virtually guaranteed principal return.
Thanks Nick.
Good for you SF. I'm not sure it's so clear though that most of us would be happy with the tax scheme.
Wow Elroy. I've had dealings with Synchrony for years. Have an 831 credit score and many of the cards you mentioned along with 4 cards from Capital one Bank. Three Quicksilver cards and a Union Plus card. So some of your assertions may not be entirely accurate.
Just came across a nice 12 month rate from Synchrony Bank. 2.8%
The best I've seen so far.
https://www.synchronybank.com/banking/cd/?UISCode=0000000&utm_source=Pathway&utm_medium=Banner&utm_campaign=CD&utm_content=CB_AT_B_PA_CD_COM&sitecode=CB_AT_B_PA_CD_COM&dclid=CLiNsZG9tOACFVhHDAod7UkK0g
Nice too is the account minimum of $2000 to open.
That's funny... and sad.
Picked up some
SEATTLE BANK (WA)
CUSIP:
81258PJF1
2.250% 05/28/2019
3 MONTH, Non Callable
Residents of the following states cannot purchase this issue: OH, TX
Bond Details
Market
New Issue
Insurance
FDIC
Trade Date
02-27-2019
Call Sched
Non Callable
Dated Date
02-28-2019
Tax Status
Taxable
Close Date
02-27-2019
Ratings
N/A
Maturity
05-28-2019
Coupon & Yield
Coupon
2.250
Pay Months
May
Current Yield
2.250
Frequency
At-Maturity
First Coupon
05-28-2019
But Northfield Savings Bank has a savings account right now that pays the same 2.25% which of course I have as well.
This has been the issue in Europe and the United States for many years. The answer seems self evident. The more children reared from native born countrymen and women the fewer the need to replenish the population. Orbans assertions seem logical to me.
It would appear that way. Mainly because of Confirmation Bias. Because of pre existing beliefs the individual will dismiss contrary data that contradicts their bias. Though that information may be accurate and factual, they may refer to that as "fake news" for example. Providing the impetus to state that the other position is not only wrong but forcefully vehemently or more frequently wrong in its statements.
The "failing" New York Times? Hmmm, if I'd listened to some people I'd not known it was profitable...
There is no doubt Nick. Money buys the best.
And yet tRUMP supporters will tout their elusive or non existent tax returns as better than last year's. Short memories I suppose.
More lame tRUMPpuppets out to blackmail the wealthiest man on earth. More clearminded thought processes from the swamp.
Vehicle manufacturers make a great deal of their profits on parts sales. Sell a " loss leader " for $35,000 and make money on the vehicle repairs and maintenance for another 10 years or so
Wouldn't happen if Puerto Rico were the 51st state.