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09-25-2020, 11:02 AM | #6091 |
MVP
Join Date: Mar 2004
Location: Helena, MT
Casino cash: $2358849
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09-25-2020, 12:41 PM | #6092 |
MVP
Join Date: Oct 2006
Location: West of the Equator
Casino cash: $69901
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Dividend stocks are always a good play. They've been a staple for Buffett his entire career.
I got completely out of the market last month due to the craziness. I held some stocks for years. This election stuff is making me nervous. The company I pay for advice has recommended NOT buying ANY stocks for days and days and days. I'm sitting on cash for the foreseeable future. Anyway, here are the best stocks to own for quality and dividends: Lowes (LOW) Sherwin Williams (SHW) Target (TGT) West Pharm. (WST) Cintas (CTAS) Dividend stocks don't shuffle up and down as much as hot or momentum stocks, but they do change. The analysis of all stocks from my advisors is completely mathematical and technical. No "gut feeling" type of stuff. Good investing! |
Posts: 13,722
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09-25-2020, 01:01 PM | #6093 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1468491
VARSITY
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Quote:
And I'm not talking thousands. It's literally 37 dollars.
__________________
Active fan of the greatest team in NFL history. |
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09-25-2020, 01:18 PM | #6094 | |
MVP
Join Date: Oct 2017
Casino cash: $820400
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Quote:
Time in the market vs timing the market I suppose it depends on your risk tolerance and how close you are to retirement. |
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Posts: 7,382
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09-25-2020, 01:31 PM | #6095 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $81900
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Quote:
Too many questions to have a blanket, “don’t buy stocks.” I upped my 401k contribution this month so I can max it out by the end of the year while stocks are down. My time horizon is 30 years. |
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Posts: 46,133
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09-25-2020, 01:49 PM | #6096 |
MVP
Join Date: Oct 2006
Location: West of the Equator
Casino cash: $69901
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401k doesn't matter since you don't have decisions to make about individual stocks. I have a 401k and a Roth. I treat those differently than my TD Ameritrade account.
There are myriad stocks that have a "buy" rating from my advisors. It's at this point in time that they don't advise buying stocks because the overall market is not moving in the right direction. That could change in a few days. I've learned to play the middle 80% of the market. Don't buy bottom feeders and don't try to pick the top. When to buy and when to sell are critical. That's where professionals come into play. They do market analysis for a living. I don't. Good investing! |
Posts: 13,722
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09-25-2020, 02:09 PM | #6097 | |
MVP
Join Date: Oct 2017
Casino cash: $820400
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Quote:
Definitely, but in the long term, passive strategies tend to outperform active strategies. Is your managed account doing better than your retirement accounts? I'm often tempted to take a more hands on approach, but haven't yet. |
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Posts: 7,382
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09-25-2020, 02:48 PM | #6098 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-29523
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Yup, you can't out predict the market. It's been stated here before that trying to time the market doesn't work to your advantage over regular methodical investing.
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Posts: 40,645
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09-25-2020, 03:16 PM | #6099 | |
MVP
Join Date: Oct 2006
Location: West of the Equator
Casino cash: $69901
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Quote:
I'm a unique case. The company I worked for matched 401k contributions with stock. They also offered a stock buying program and I participated. Needless to say I owned a bunch of company stock. There have been two buyouts since 2015 that put the price of the stock through the roof (and were sold). I guess you could say the 401k is passive and the stock buying part that went to TD Ameritrade is passive. I didn't actively trade the stock. Since then my active trading has done much better than my 401k and better than most benchmarks. No fund fees either. Good investing! |
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Posts: 13,722
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10-05-2020, 09:29 PM | #6100 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $81900
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Any good long term buys right now?
I’ve been analyzing lots of stocks the past few days and nothing looks great for buy and hold. |
Posts: 46,133
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10-06-2020, 03:07 AM | #6101 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-29523
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Quote:
TSLA WKHS SHLL which just became (HYLN) after the merger yesterday And the charging station companies: BLNK SBE I like HYLN's concept of thaking the drive train from an existing semi and replacing it with an electric system. It saves existing fleets tons of money over purchasing new Electric semi's WKHS will blow up if it gets the USPS contract and I think Trump will unleash the funds for USPS before the election. I'm holding these long term, at least 5 years and not going to worry about what happens between now and then. |
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Posts: 40,645
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10-06-2020, 07:35 AM | #6102 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $81900
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Quote:
Any good blue chip stocks for long plays? Intel and Cisco are on my radar for beaten down but didn’t pass all the tests yet. I did add some of LUV. I see it surviving this and possibly buying out others. It’s shown plenty of support in a turbulent sector. |
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Posts: 46,133
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10-09-2020, 06:27 AM | #6103 | |
MVP
Join Date: May 2001
Casino cash: $4062970
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Quote:
It was a great ride. 6.90 to 60.00. More happy that my timeline was pretty much spot on rather than any return. What else should I look at to reposition the money? |
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Posts: 18,232
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10-09-2020, 06:33 AM | #6104 | |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4721637
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Quote:
I missed the 30-45 jump. Told myself to buy it and just let it sit for a while. Your thoughts? Sent from my SM-G973U using Tapatalk |
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10-09-2020, 08:20 AM | #6105 | |
MVP
Join Date: May 2001
Casino cash: $4062970
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Quote:
I do think it can grow more by looking at the charts right now. I see no reason why it can't get back to where it was at pre-covid by sometime next year. I'm not out of it yet, but am really wanting to take my money. |
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Posts: 18,232
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