Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[philfree]

For a dividend stock Blue Owl Cap Corp (OBDC) is a good one.

[lewdog]

Originally Posted by Hog's Gone Fishin

NO, Only a Moran would think that! The link was attached anyway . And my daughter uses her AMZY dividends to buy AMZN as well as more AMZY.

If you don't have the dividend income you have to rely on a paycheck from a JOB to buy stock.

Ok, thank you for qualifying.

PS I still love you even though we will never agree about dividends.

[UteChief]

Originally Posted by lewdog

Ok, thank you for qualifying.

PS I still love you even though we will never agree about dividends.

Do you have an issue with dividend stocks in general or just investments like AMZY?

[Buehler445]

Interestingly, my 3M stock purchase worked out. I'm currently up 53% and have booked 2 quarterly dividends. That's probably the best I've ever done on an individual stock purchase. Obviously my long term index holds are up more than that over time, but I'm pretty happy with the stock pick.

Now I need to figure out if I should sell it or turn DRIP on and let it go. If I can get things wound down in the next couple weeks, I'll look into the company a little more.

Full disclosure, my pussy ass only bought 2 shares, but I'm still marking it down as a win.

[DaFace]

Originally Posted by UteChief

Do you have an issue with dividend stocks in general or just investments like AMZY?

You didn't ask me, but my issue is the 100% focus on the dividends and the complete ignoring of the stock price drops. Y'all should see the one HF deleted...

[UteChief]

Originally Posted by DaFace

You didn't ask me, but my issue is the 100% focus on the dividends and the complete ignoring of the stock price drops. Y'all should see the one HF deleted...

Initially I was looking at dividends to build a nice income portfolio. Then I realized I’d rather have growth and pay capital gains tax instead of income tax.

[Rain Man]

Originally Posted by Buehler445

Interestingly, my 3M stock purchase worked out. I'm currently up 53% and have booked 2 quarterly dividends. That's probably the best I've ever done on an individual stock purchase. Obviously my long term index holds are up more than that over time, but I'm pretty happy with the stock pick.

Now I need to figure out if I should sell it or turn DRIP on and let it go. If I can get things wound down in the next couple weeks, I'll look into the company a little more.

Full disclosure, my pussy ass only bought 2 shares, but I'm still marking it down as a win.

Dammit.

I mean, good for you. I sold my last shares right as you bought.

[DaFace]

Originally Posted by UteChief

Initially I was looking at dividends to build a nice income portfolio. Then I realized I’d rather have growth and pay capital gains instead on income tax.

Yeah, I'm sure there are some good options for dividends out there, but it's not like it's been tough making money in the stock market this year. I'm up 35% in my basic target date fund in the past 12 months.

[UteChief]

Originally Posted by DaFace

Yeah, I'm sure there are some good options for dividends out there, but it's not like it's been tough making money in the stock market this year. I'm up 35% in my basic target date fund in the past 12 months.

Yeah, but that’s probably in a retirement account. I was talking about shorter term investing. I’m mostly VOO also up 35% in the last year.

[DaFace]

Originally Posted by UteChief

Yeah, but that’s probably in a retirement account. I was talking about shorter term investing. I’m mostly VOO also up 35% in the last year.

Eh, it's all just variations on a theme. I run a 4 fund portfolio of index fund ETFs in my taxable account (which intentionally avoid dividends so that you can go for capital gains instead), and it's done about as well.

(US Stocks, International Stocks, US Bonds, and Real Estate, for the record.)

[UteChief]

Originally Posted by DaFace

Eh, it's all just variations on a theme. I run a 4 fund portfolio of index fund ETFs in my taxable account (which intentionally avoid dividends so that you can go for capital gains instead), and it's done about as well.

(US Stocks, International Stocks, US Bonds, and Real Estate, for the record.)

Do you invest in a REIT or what type of real estate? I have been thinking of adding something to my portfolio.

[DaFace]

Originally Posted by UteChief

Do you invest in a REIT or what type of real estate? I have been thinking of adding something to my portfolio.

Yeah, it's a REIT (SCHH to be specific). I only do 5-10% on it, but I like having a little exposure there since I otherwise have no interest in investment property.

[Buehler445]

Originally Posted by DaFace

Yeah, it's a REIT (SCHH to be specific). I only do 5-10% on it, but I like having a little exposure there since I otherwise have no interest in investment property.

I stopped contributing to the REITs I have (much less than 10%) when the commercial industry looked like shit. I probably should do some research and maybe step back in at some point.

[Rain Man]

I've got a relatively large holding in HCI, which is a home insurance company. It's done very well for me, but it took a 20% hit the last week or so due to Hurricane Milton. The storm seems like it's not as bad as expected, and HCI is already up 4% today. I bet it gains another 10% soon if we hear more positive storm reports.

[Rain Man]

Originally Posted by Rain Man

I've got a relatively large holding in HCI, which is a home insurance company. It's done very well for me, but it took a 20% hit the last week or so due to Hurricane Milton. The storm seems like it's not as bad as expected, and HCI is already up 4% today. I bet it gains another 10% soon if we hear more positive storm reports.

Okay, it's now up 8 percent on the day. You guys really should subscribe to my newsletter. If you had invested $2,500 when I told you about it this morning, you could be enjoying a lunch with scho right now with the profits.