Stock Advice Thread

[AustinTXCat]

@Los Gatos : It's easy to get hung up on dividends. High yields are enticing. Couple years ago, I invested in two funds paying monthly dividends. Both paid monthly; dividends were reinvested. At the end of 3 years, my total return may have been 3% if lucky. Major reason for such low return was fund share price declines. In other words, go for quality issues with a history of increasing dividends. Motley Fool publishes a list called Dividend Aristocrats. I currently own 3 on the list and looking at a 4th. I previously owned 2 others, since traded.

Good luck.

 

[bluthruandthru]

I'll say it again.

Buy good companies. Hold them for years and years. Profit.

 

[jameslee32]

I've enjoyed reading this thread and am trying to learn as much as possible from you guys. I've got a question and would like your suggestions if you don't mind.

I've always saved using a traditional IRA I started long ago and have had a SIMPLE IRA through work for the last several years. I opened a TD Ameritrade account to play around with last year whenever I have extra funds, in hopes of supplementing the other two accounts. I was thinking about using it mostly for dividend stocks and slowly trying to build up my passive/portfolio income.

I've been investing in Stag Industrial (STAG), but Realty Income (O) seems to be a fairly popular monthly dividend option as well. Would I be better off adding to my position in STAG while utilizing the DRIP, or spreading the love to other dividend stocks? It seems to me that if you can increase your monthly dividend from one company to equal 1/3, 1/2 or a full share would be ideal? Is that line of thinking wrong? Is it better to have more diversity even though the monthly dividends from each would be smaller?

Any insight you guys can provide is much appreciated. Thanks in advance!

I haven't read all the posts yet. I was shocked we had this many. I learn from you guys too so thanks.

I wouldn't begin investing in individual stocks unless I had $10,000 minimum in a diversified index mutual fund or ETF, and only then with all discretionary credit card debt paid off. Jim Cramer suggests this also. You'll be able to generate cash flow from working that you can then invest in stocks. I have always reinvested dividends, the greatest wealth creating invention ever!

The only other thing I would add is you may have picked the wrong broker if you have smaller investment dollars. But you can buy partial shares at Fidelity, SoFi, Robinhood and others for diversification with less money invested.

 

[UK_Dallas]

Just for an interesting topic of discussion. What do y’all think of this?

Didn't watch all that but it is brilliant. I've been advocating that for a few years, mostly to myself but nevertheless....

My research has shown there are about 4 million births per year in the US. I propose we take the money spent on illegals(supposedly around $100 billion per year) and split that between all new babies born in that year. More babies = less per baby but let's go off the base amount. That would be about $25K per child in a one time investment that will grow for 65 years or so.

Of course there would be a lot of red tape to cut through but I'd have being a good person incentives as part of being able to cash in. Things such as arrests cut out a certain %. The more you are arrested the less you get down to possibly nothing.

Make it to where you can pull some out to buy a house or education, etc..

I used to know what the 25K would come to with the average return but can't remember. I want to say it was $800K around age 40 and much higher as you get older obviously.

 

[UK_Dallas]

Hopped aboard the AMC train today. Average price around $4.65. Up to $8.23 after hours. Hope it opens that high or higher.

Jumped after MarketWatch had an article stating the Reddit dudes might have that one in the barrel.

 

[Ukbrassowtipin]

Meme stocks are wild

Lol blackberry
If only blockbuster could've held out longer

 

[will.ksr]

GME is currently at $376/share. Unreal.

 

[Deeeefense]

I opened my TDAmeritrade account last year also to play around in the market. I stumbled upon a man by the name of Paul Mampilly who you can subscribe to his Profits Unlimited services thru Banyan Hill for $97 a year and sometimes lower when he offers a special deal.

I sincerely state that he has increased not only my knowledge of investing but I have tripled my portfolio's value over this time period looking over his shoulder (as he calls it). You might want to check him out on You Tube to decide for yourself.

He does market his service quite unabashedly but his over the shoulder portfolio look is amazing and fun. He expounds on the megatrends of the now and the near future remarkably well. His personal story is pretty amazing too.

Again, I have learned an exponential amount from his service in about 15 months time. Even if you don't follow his picks, you will learn an awful lot about the market, Wall Street, and making money.

And, no I don't work for him or am affiliated with him in any way. I just use his pay service. He has several, but I use the above mentioned Profits Unlimited and Extreme Fortune which costs more and is investing in riskier stocks than Profits Unlimited.

Good Trading to You

I watched this guy's video and I found his investment strategy is very similar to mine. That being try to look at future trends, and technological advancements and how society will change around them, then find the best companies in those industries to invest in. Then a further look at his web site made me somewhat cautious. He's selling a several different investment products one of them for $3000 and another one for $5000. That's a red flag to me.

His strategy isn't rocket science and you can probably garner most of his investment idea by examining the stocks that he has bundled under certain categories that he gives you in the video. No need to spend thousands. I still signed up for his free newsletter, since it was free.

Thanks for posting this.

 

[AustinTXCat]

GME is currently at $376/share. Unreal.

Shaking my head. Good old Reddit.

Somebody gonna take a freaking bath. This stuff is a reason folks jump from third floor apartment balconies head-first.

 

[pitinoshairplugs]

Hedge fund jerks get to screw all of us manipulating the market, i don't feel sorry for them one bit.

Same guys who are crying now were advocating for "shutting things down" when they knew they had shorts on various stocks. boo ******* hoo. Oh yeah, they get to pay capital gains taxes on their "gambling" income but sports gamblers pay in their tax bracket. ********...

 

[AustinTXCat]

Hedge fund jerks get to screw all of us manipulating the market, i don't feel sorry for them one bit.

Same guys who are crying now were advocating for "shutting things down" when they knew they had shorts on various stocks. boo ****ing hoo. Oh yeah, they get to pay capital gains taxes on their "gambling" income but sports gamblers pay in their tax bracket. ********...

I got my *** handed to me by hedges and shorts this time last year. Never again.

 

[will.ksr]

Shaking my head. Good old Reddit.

Somebody gonna take a freaking bath. This stuff is a reason folks jump from third floor apartment balconies head-first.

Social media algorithms are the 21st century's Pied Piper:

 

[AustinTXCat]

Hopped aboard the AMC train today. Average price around $4.65. Up to $8.23 after hours. Hope it opens that high or higher.

Jumped after MarketWatch had an article stating the Reddit dudes might have that one in the barrel.

$16.00 right now as I saw on CNBC. Good for you.

 

[bluthruandthru]

I bought my puts on AMC and GME.

Might pay off when people lose interest in this. Might not. Keep it interesting.

 

[UK_Dallas]

$16.00 right now as I saw on CNBC. Good for you.

Started with 1100 shares and have sold 350. Have 750 shares at a cost basis of $0.

 

[BlueRaider22]

Didn't watch all that but it is brilliant. I've been advocating that for a few years, mostly to myself but nevertheless....

My research has shown there are about 4 million births per year in the US. I propose we take the money spent on illegals(supposedly around $100 billion per year) and split that between all new babies born in that year. More babies = less per baby but let's go off the base amount. That would be about $25K per child in a one time investment that will grow for 65 years or so.

Of course there would be a lot of red tape to cut through but I'd have being a good person incentives as part of being able to cash in. Things such as arrests cut out a certain %. The more you are arrested the less you get down to possibly nothing.

Make it to where you can pull some out to buy a house or education, etc..

I used to know what the 25K would come to with the average return but can't remember. I want to say it was $800K around age 40 and much higher as you get older obviously.

It's something that presents a new set of problems (which the video touches on)
-What if the market isn't great for a good long period?
-What is going to happen when you hand over a lump sum to someone who just retired?
-What happens if someone doesn't make it to retirement age?


Now, granted, many of these questions can be answered with tweaks to the system. It's an interesting conversation for sure.







$25,000 invested at a 7% return
-40 yrs = $374,500
-65 yrs = $2.03 million

 

[jameslee32]

It's something that presents a new set of problems (which the video touches on)
-What if the market isn't great for a good long period?
-What is going to happen when you hand over a lump sum to someone who just retired?
-What happens if someone doesn't make it to retirement age?


Now, granted, many of these questions can be answered with tweaks to the system. It's an interesting conversation for sure.







$25,000 invested at a 7% return
-40 yrs = $374,500
-65 yrs = $2.03 million

I think if babies were given just $2000 and investment education in HS it would be a nice supplement to anyone's retirement. The goal should be to have more than one source of income in those years and not rely on Social Security as much as maybe our parents did.

 

[UK_Dallas]

Watching FB earnings while waiting on Apple - how can they get away with saying they have 2.8 billion active users? That number is clearly BS unless they are saying it is on 2.8b devices but only around 1b or less users.

 

[Blu-ish]

I think if babies were given just $2000 and investment education in HS it would be a nice supplement to anyone's retirement. The goal should be to have more than one source of income in those years and not rely on Social Security as much as maybe our parents did.

I am 66 and Tuesday I had lunch with a friend who is 56. We somehow began discussing the failing SS program. He asked how old I was when I learned that SS was not enough to retire on. I was 28 and was educated on the need for this new IRA program being pushed. I also learned that not all companies had retirement programs and even fewer would going forward. I started funding my IRA and my education in the stock market started.

I asked when did he learn that SS was not a complete retirement. He sighed and replied, "When my parents retired."

After an extended silence we changed the subject.

 

[bluthruandthru]

I am 66 and Tuesday I had lunch with a friend who is 56. We somehow began discussing the failing SS program. He asked how old I was when I learned that SS was not enough to retire on. I was 28 and was educated on the need for this new IRA program being pushed. I also learned that not all companies had retirement programs and even fewer would going forward. I started funding my IRA and my education in the stock market started.

I asked when did he learn that SS was not a complete retirement. He sighed and replied, "When my parents retired."

After an extended silence we changed the subject.

IRAs should definitely be expanded and possibly seeded with say $500 into a Roth when you get your first job. Invested into an S+P low fee etf.

That would start the conversation to better fiscal behavior.

 

[bluthruandthru]

^^
You could feed it from the participant's first few paychecks. The only taxpayer affected would be the person benefiting from the savings.

That's a:

 

[UK_Dallas]

Got out of AMC at an average of about $11.50 this morning. It is going down big at some point. Watch it explode again tomorrow though.

Little did I know that trading on it was being restricted by some apps like RH. Probably should join the lawsuits!

 

[BlueRaider22]

I asked when did he learn that SS was not a complete retirement. He sighed and replied, "When my parents retired."

It's really a shame. Far too many people have never been educated on this. And I really, really feel for your parents. Why on earth is investing/finance not an absolute requirement in grade school is beyond me?.......it's sick.

I don't remember when I learned that SS was not enough to retire off of.......but I remember when it blew my mind. I was in my 30's that I realized that a good percentage of the population thought that SS was supposed to be their entire retirement.........It boggled my mind. And it really exposed for me a major flaw in the education system.



I try very hard to educate those around me. SS was NOT meant to be your only retirement. The Great Depression lasted from 1929-1939. SS was started in 1935. By design it was only supposed to supplement the general population's retirements that got damaged by the depression.....then it kept going.

 

[jameslee32]

Sold some STKL at $15 after a huge run and bought more VZ at $55. Looking to lighten up a little more on winners and add more to speculative names I've bought recently should they take another nosedive.

 

[BeAllied]

 

[BlueRaider22]

There's some speculation that Reddit mob that blew up Gamestop are targeting Nio. Anyone heard about this?

 

[jameslee32]

There's some speculation that Reddit mob that blew up Gamestop are targeting Nio. Anyone heard about this?

No and a much smaller short interest in NIO than GME. But I haven't read anything on WallStreetBets since Monday either.

 

[BlueRaider22]

No and a much smaller short interest in NIO than GME. But I haven't read anything on WallStreetBets since Monday either.

Dang. I've been holding onto Nio for a while......was hoping for a nice boost.

 

[fbcats]

Dang. I've been holding onto Nio for a while......was hoping for a nice boost.

Please let us know if you hear anything.

 

[BlueRaider22]

Please let us know if you hear anything.

LOL....


I don't do the Reddit thing.... I just heard a rumor and hoped that it would blow up something that I already owned.

 

[pitinoshairplugs]

Got out of AMC at an average of about $11.50 this morning. It is going down big at some point. Watch it explode again tomorrow though.

Little did I know that trading on it was being restricted by some apps like RH. Probably should join the lawsuits!

Mistake. The shorts don't hit until Monday...

 

[mrhotdice]

Just a heads up fellow BBN

If you all are following the GameStop Reddit and the short selling, the next thing they are going after is physical silver. These guys are serious about going after companies aka banks that suppress stocks and they know silver is the most suppress metal their is and billions of contracts are held short by these banks. Silver is not paper, it’s physical and can’t be manipulated like paper stock. Supply and demand affect the price. All electric cars need silver. Mines around the world are closed because of COVID so do your research. I just bought 100 ounces at 29.20. Reddit guys say it should be at a minimum $500. Its physical not paper which I like.

 

[Deeeefense]

I haven't followed the GameStop story that closely but when I heard the stock was on a rampage due to big short squeeze I tried to jump in Friday and short some shares at around $260/share, but Americatrade would not fill the order. I figured they wouldn't but thought I would try anyway.

 

[mrhotdice]

They basically only allowed people to sell, not buy to drive the price down but it didn’t work. These traders are really pissed and would rather lose money than sell to help these hedge funds. It moved up from 170.00 to whatever it is now, 320 +-

I may be wrong but I think these traders will take their profits and do the same to silver because these banks are short 50 billion on shorting silver for decades. Think about it. Silver prices have stayed under 20 buck a ounce for decades even though the demand has risen and mine production doesn’t hardly exist in USA. Pure price manipulation and makes Adam Smith rules of supply of demand bull sh#t.

Anyway, research it and just watch silver prices. Be safe

 

[AustinTXCat]

I haven't followed the GameStop story that closely but when I heard the stock was on a rampage due to big short squeeze I tried to jump in Friday and short some shares at around $260/share, but Americatrade would not fill the order. I figured they wouldn't but thought I would try anyway.

Ameritrade also refused my buy orders for more UVE shares last Thursday. I should've purchased via my Schwab account. Meh.

 

[mrhotdice]

No and a much smaller short interest in NIO than GME. But I haven't read anything on WallStreetBets since Monday either.

I think they are taking on silver next. If you follow Reddit just put in silver in the search and read between the lines.

 

[rbs]

Note: If Lucid signs the DA with CCIV, it’s going to be big. Lot of FOMO around this stock. The SPAC stock is already up 100+ percent on rumor alone ... albeit Bloomberg speculation. I have a decent position that I previously established on CCIV.

 

[rbs]

Note: THCB may get DA on Monday ... Microvast battery play with big potential.

 

[DaytonKat]

I watched this guy's video and I found his investment strategy is very similar to mine. That being try to look at future trends, and technological advancements and how society will change around them, then find the best companies in those industries to invest in. Then a further look at his web site made me somewhat cautious. He's selling a several different investment products one of them for $3000 and another one for $5000. That's a red flag to me.

His strategy isn't rocket science and you can probably garner most of his investment idea by examining the stocks that he has bundled under certain categories that he gives you in the video. No need to spend thousands. I still signed up for his free newsletter, since it was free.

Thanks for posting this.

Same thought I had when I stumbled across Mampilly 2018ish. He looks for mega trends that will play out and then finds the best companies that will benefit from that trend. Many of the names I was in or looking at for my "investment" account were in his model portfolio.

On an unrelated note: I had never heard of "Reddit" until this past Wed. On Wed. evening I noticed that the biggest long position I have in my "trading" account had popped from $13ish to $16ish in the after hours. It's a silver miner by the name of First Majestic Silver (symbol AG). I figured I best look to see what's out there on the wire: maybe they released some news, maybe some rumor, figured it had to be something cause the volume was strong as well.

What did I find? Some folks on some site called Reddit Moneybets or something like that had started to buy AG because of the large short position (22 - 24% of float).

So now, given that I was already heavily long sliver miners, with AG being the largest position, I'm rooting for the Reddit crowd and their #silversqueeze movement, lol.

 

[DaytonKat]

Just a heads up fellow BBN

If you all are following the GameStop Reddit and the short selling, the next thing they are going after is physical silver. These guys are serious about going after companies aka banks that suppress stocks and they know silver is the most suppress metal their is and billions of contracts are held short by these banks. Silver is not paper, it’s physical and can’t be manipulated like paper stock. Supply and demand affect the price. All electric cars need silver. Mines around the world are closed because of COVID so do your research. I just bought 100 ounces at 29.20. Reddit guys say it should be at a minimum $500. Its physical not paper which I like.

I know the individual Senior miners well. I don't know the junior miners near as well. For junior miners, one can use the etf SILJ.

For physical, a route I like is one of the Sprott etfs: PSLV. They actually buy and hold unencumbered, fully allocated, physical silver.

I received an email from APMEX 90 minutes ago. Here's a partial copy n paste of their email (I'm on their distribution list as I have purchased silver coins from them in the past):

To our valued customers,

APMEX Statement On Current Market Conditions: "In the last week, we have seen a dramatic shift in Silver demand from our customers. For example, the ratio of ounces sold per day was running about two times earlier in the week and closer to four times the average demand by the end of the week. Once markets closed on Friday, we saw demand hit as much as six times a typical business day and more than 12 times a normal weekend day. Combined with the extremely high demand levels, we are also seeing a surge in new customers. On Saturday alone, we added as many new customers as we usually add in a week."

"Any Precious Metal dealer will take a long position in the futures market to protect against spot price exposure when the markets open. We do this because it is our goal not to take a speculative position on metal. The weekends are unique as we are not able to real-time hedge our position. We took an aggressive position this weekend, but clearly could not have predicted the volumes that were seen. We have partnerships around to world that allowed us to cover these long positions, but only to a point. Once we exceeded our comfort levels, we had little choice but to stop the sale of Silver on our website. This was a difficult decision to make and unprecedented in our history."