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Originally Posted by lewdog
Looking at starting a long term position in Disney, DIS, in my ROTH. I mostly hold index funds not I will keep about 10 individual stock positions open too.
Anyone else keep some long term holds on individual stocks and what are your main ones?
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You might be right. Disney has had quite the tumble.
But there is some risk there. Iger came out of retirement to shitcan his successor without any other real comment. Dudes don’t do that unless it’s a shitshow rodeo.
Do some research before you put material dollars in it. I think, if I’m reading it right they cut their dividend completely. I have no clue how the streaming wars are going to shake out. But if I’m understanding it correctly Disney Plus is bleeding cash and they aren’t one to license IP.
Moreover, I haven’t heard anything about parks. I think that’s why they cut the initial dividend (COVID) but I haven’t heard anything about it bouncing back.
I had some for awhile and yeeted right out of there before it got red on me. But down here surely it’s a buy, but there are a lot of components I don’t know about.