Yeah I've made so many mistakes that hopefully taught me an IRA lesson. When buying stocks I usually stick to ones that pay dividends but that's no safety net as I've learned in the energy sector. Thank goodness for index funds, ETF's and names like AAPL, AVGO, KKR and KLAC that both grow fast and pay a dividend.
Stock Advice Thread
- Thread starter dgtatu01
- Start date
This was just event driven because late day buyers seem to be coming back again!
I really, really try to put 25-50% of my profits from riskier stocks right into my stable ones. This way I use the riskier/growth plays to help increase my funds/staple stocks while still reserving some to wrap back into the next play. It certainly reduces rate of growth, but lowers my risk a little at the same time.
As far as allocation goes, this is what I've been doing or am transitioning to:
IRAs: Dividend and speculation stocks.
This is to limit paying taxes on the divs and in best case scenario the spec stocks increase so much, I won't pay any tax on those(Roth).
Taxable: More stable and bigger market caps.
Immediate access to equity if needed. Stable business means retention of capital.
401k: Not much choice here. It's large cap growth.
IRAs: Dividend and speculation stocks.
This is to limit paying taxes on the divs and in best case scenario the spec stocks increase so much, I won't pay any tax on those(Roth).
Taxable: More stable and bigger market caps.
Immediate access to equity if needed. Stable business means retention of capital.
401k: Not much choice here. It's large cap growth.
For my trading IRA (TD Ameritrade brokerage acct), I held far too many speculative issues between Dec 2019 - Mar 2020. Learned a tough lesson which nearly ended in disaster. From now on, only dividend-payers or stable issues. Long-term, the ultimate goal involves dividend paying issues only
In a taxable TD Ameritrade account, I moved over funds designated for DRiPs. One issue, UVE, may result in a really nice tax write-off (loss) if share price remains steady or declines between now and December. From here on out, I'll use a taxable account for speculation or more riskier investments.
James and Austin, what Clean Energy and Infrastructure stocks are you in! “I can’t get no satisfaction” on picks so far!
Nothing stands out to you, either, then? I got VST, not much movement, NEE and some others up too much for me. Same way for infrastructure, have IESC, but flat for now. AWK a good utility stock over the years.
No, not really. ADES rose to around $12 and paid a nice dividend. Various analysts deemed it a $22 stock before bottom fell out over COVID. I owned as many as 400 shares before selling 200. Existing contracts looked promising, but for some reason the CEO resigned. Company has plodded along ever since.
There should be several good infrastructure companies once funding is provided.
Maybe RBS can chime in. Although I purchased a couple and follow several more, I'm not familiar with them all.
Sold VIAC. Purchased for $13.00 during the carnage. Out at $47.24.
Sold ADES. Took a small loss, but held for over a year.
Bought UNM at 24.80. Bought AMCR at 11.06. Stay tuned.
Sold ADES. Took a small loss, but held for over a year.
Bought UNM at 24.80. Bought AMCR at 11.06. Stay tuned.
Moved a bunch around today:
Sold IRBT, some UNH, GRUB, some FTEC.
Bought AMT, more VLDR, TRUP, more STNE, PDYPY.
Really like VLDR and TRUP.
Sold IRBT, some UNH, GRUB, some FTEC.
Bought AMT, more VLDR, TRUP, more STNE, PDYPY.
Really like VLDR and TRUP.
Biden announces all US Government vehicles to be converted to EV, and, he will be announcing a buy American made EO as well. That should bode well for RIDE and WKHS.
These social media drive-ups are insane. I'm buying a long term, cheap put on GME tomorrow just to see what happens.
It seems they're trying to disrupt the institutional funds' mojo.
Couple observations from today in the markets:
- RKT appreciated $3.14 today, over 15%. I jumped in < 2 weeks ago. Nearly sold earlier this morning, but changed my mind.
- Planned on purchasing ACI after opening bell. When I looked, price quote already up $1.50. Crazy. I'll wait until this issue trades back down in the 17s.
Looking hard at BEN. I've owned shares in one of their mutual funds since 1989. BEN increased dividend payout for 28 consecutive years.
Good luck, everyone.
- RKT appreciated $3.14 today, over 15%. I jumped in < 2 weeks ago. Nearly sold earlier this morning, but changed my mind.
- Planned on purchasing ACI after opening bell. When I looked, price quote already up $1.50. Crazy. I'll wait until this issue trades back down in the 17s.
Looking hard at BEN. I've owned shares in one of their mutual funds since 1989. BEN increased dividend payout for 28 consecutive years.
Good luck, everyone.
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I’m mainly focusing on the sectors that Biden and company are going to boost with the next stimulus package. EVs, alternative energies, etc.
Biden just said that he wants to swap out all gub'ment vehicles with American built electric vehicles. Talk about a massive undertaking.......but could be an absolute boost. I would tend to think that GM, Ford, and Tesla would be the largest players.......and then you'd have to check out who provides parts (lidar, battery), services (autonomous software, etc), etc for them.
I would add look at buying Lithium mining companies like PLL, LAC, LTHM, and ALB and also charging station manufacturers like BEEM and BLNK.
TESLA is off the charts once again and this news will drive them upward bound some more. They are way ahead of GM and FORD on EVs, etc. and contracted with PLL to buy their lithium recently.
For example PLL up 44% since I bought in at $40.68. ALB up 36% since I bought at $128.79. LAC up 41% at $15.96. You get the picture.
The Biden administrations news on the EVs will certainly drive up these shares as all EV batteries need lithium to work.
Good trading!
Hope folks took the alert above and bought WKHS and RIDE today ...
A good breakdown on Gamestop stock:
Another form of activist investing, I suppose. Just crowdsourced instead of a Carl Icahn (or whoever).
Another form of activist investing, I suppose. Just crowdsourced instead of a Carl Icahn (or whoever).
Threw some play money into GME yesterday. If what the people on Reddit are saying is true, this could turn into a short squeeze for the history books. If not, hey it's some entertainment at least.
Some of those people on wall street bets are crazy though. Showing screenshots of their brokerages where they're up millions on this stock in the last few weeks.
I think it’s only because they don’t want to be called frauds. It’s crazy. See the same thing on thr sportsbook subreddit showings their bet slips. Different world ha
Yeah man! ALB is a triple since I've owned it. Staying long on secular winners like these for as long as possible.
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'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!
Sure, I'll try to weigh in......but I'm having a little trouble following along.
-Are you saying that you opened up another non-taxable account (IRA, ROTH, etc)? Or a standard taxable account?
My thoughts on dividends.
--If you only have small amounts of money in there.....especially at the beginning....I wouldn't worry about diversification. You'll diversify more and more over time. Basically, to me it matters more when you have more money in there to potentially lose.
--In less you "need" the dividend pay outs, always DRIP. Especially if you have small amounts in there to begin with. You need to accelerate growth as fast as you can. Once you need the money.......ie retirement, emergencies, pay off debt, etc........then collect payments.
Thanks for the input BlueRaider, sorry for any confusion. For TD Ameritrade, it's a standard taxable account.
Don't need the payouts (knock on wood I guess), so I was planning to DRIP for every dividend stock I purchased. Thanks again for the feedback.
Large cap dividend investing is a conservative strategy best suited for uncertainty. It's sort of like betting on the tortious instead of the heir. In downturns high quality dividend stocks hold their value more so than growth stocks because as the price of a stock goes down, the dividend increases as a percent of the share price even though the amount is the same. Smart investors flock to these stocks during uncertainty which also keeps the prices higher.
You can diversify all you need to by picking one solid stock in about 5 different industries or sectors.
<- - - -Long time, old school DRiP investor.
Dividend Reinvestment Plans are the way to go if your horizon is like mine: long-term. Compounding over months and quarters really adds to your total return over many years. All issues held in both my Ameritrade accounts reinvest dividends except CONN and RKT, which pay no dividend. I've been DRiP investing over 30 years. It really pays off in the long-term.
I noticed STAG pays a monthly dividend and increased payouts every year since 2013. Share price appears relatively stable. The issue appears like a great income REIT. But as @Deeeefense states, look closely at diversification. A few insurance and bank stocks out there yield > 4%. You might check out a couple.
Below are the most recent, highest S&P 500 yielders, excluding REITs and pipelines, according to Barron's. I've been in LUMN (formerly CTL) for over 15 years now via the AT&T divestiture. Dividend was cut in half a few years ago.
Company / Price / Yield / 52-wk Rtn
| Lumen Technologies / LUMN | $11.09 | 9.0% | -17.4% |
| Altria Group / MO | 41.93 | 8.2 | -10.5 |
| AT&T / T | 28.88 | 7.2 | -19.5 |
| Exxon Mobil / XOM | 48.25 | 7.0 | -23.0 |
| Valero Energy /VLO | 59.10 | 6.5 | -30.2 |
| PPL / PPL | 27.79 | 5.9 | -18.3 |
| Philip Morris International / PM | 81.33 | 5.9 | -2.3 |
| IBM / IBM | 119.00 | 5.5 | -11.2 |
| Chevron / CVX | 92.27 | 5.4 | -14.0 |
| Prudential Financial / PRU | 83.18 | 5.2 | -7.3 |
Good luck.
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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
Just curious. What's your age bracket? I'm in my early 50s. I've learned a lot from this thread. I just opened a taxable account in March 2020 and then a Roth IRA a couple of months ago. I have a 401k through work. I am slowly moving my taxable account stocks over to my Roth IRA since it's tax free. I don't need the money now and I can get into it if I need it at 59 1/2. In my taxable and Roth I've got some growth like AAPL and Nio and Divided like ABBV, BXMT and OKE. I've also got some SPACS which are quite a bit more risky BFT, THCB, and BTWN.
Well OT, but my birthday in tomorrow and I will be turning 34 for the 34th time. What I have learned over the years is that you are never to young or old to learn in the financial world of investing.
Seriously, check out Paul M. You may be very glad you did. If I could turn back the hands of time, I would have put more time and energy into learning about the stock market and how it works 40-50 years ago by someone like Paul M. LoL
Just for an interesting topic of discussion. What do y’all think of this?
I'm not starting fresh at my current age, luckily. I've had the traditional since my early-20's and my company started the Simple eight or nine years ago, albeit better late than never, since I've been there 24 years. Happy to have it though.
Guess I've just hit the age where I feel it's time to ratchet things up a notch. 2.5 years of Trinity tuition left and plan to dial it up a bit more.
I appreciate all the advice, and look forward to hanging around this thread more from here on out.