Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[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.

[UteChief]

Originally Posted by Rain Man

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.

Sign me up!

[Rain Man]

Originally Posted by UteChief

Sign me up!

It ended the day up 12 percent. If you had invested $1 million when I mentioned it this morning at 4 percent, you would have taken home a cool $80,000.

I really should have dumped all of my free cash into it, because I was pretty convinced of a bounce. I wasn't expecting it in one day, but I figured it would happen. However, I have rules about how much to invest in one stock and I already hold a lot of it so my rules won't let me buy more.

[UteChief]

I mean to your newsletter. I sold off all of my individual stocks outside of company stock and bought VOO and VOOG.

[Rain Man]

Originally Posted by UteChief

I mean to your newsletter. I sold off all of my individual stocks outside of company stock and bought VOO and VOOG.

I should let you know that the subscription fee to my newsletter is $80,000 per year. But as you can see, it's worth at least that amount.

[ChiliConCarnage]

Originally Posted by Rain Man

I should let you know that the subscription fee to my newsletter is $80,000 per year. But as you can see, it's worth at least that amount.

Would it be considered too greedy if I inquired about purchasing multiple subscriptions?

[lewdog]

TSLA got hammered Friday, down 9%.