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Land of Milk and Honey
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Individual investor. Generally using index Mutual Funds or ETFs. Trying to diversify more (foreign in particular). Pick up tips & concepts, & learn more. I'm at alpha to keep a finger on the current moods & predictions... and so I notice up coming big financial news events before... More
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! 176 comments
    Jan 30, 2014 8:55 AM

    For those who've enjoyed IT's instablogs (Interesting Time's), I'm setting up this blog for the same idea. ...a community place to share our investing ideas. Hopefully so we all gain more ALPHA!!

    So all topics welcome. Investing, stocks, bonds, commodities, economy, politics about economy, and social (so we know who we're talking with).

    Only rules of the road are not to insult others, so state your view but don't call others names or put them down. Every view is valuable, if only to convince you, you are right!

    Disclosure: I am long SPY, IWM, DIA, QQQ, TGT.

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Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (176)
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  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » S&P is right at it's 200 day MA of 1775. Do you think we're headed to correction?

     

    Have you taken any moves to protect for one?
    30 Jan, 08:59 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    LOMAH

     

    Good luck with your blog. You were a big help with mine and I appreciate it..
    So are you going to really join the challenge?? lol
    30 Jan, 10:32 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @IT

     

    Guess I missed a good entry point... but in the volatility coming, I'll get into the challenge.
    --
    Please do come post here anytime you feel "the urge." I'll be by yours too... of course. Have to get my fill of IT jokes, or I'll get withdrawals.
    30 Jan, 10:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    LOMAH

     

    I will be stopping by as much as I can...

     

    Like I said no one knows all the PM'S we had for close to a year. So if you ever need any advise I am here for you like you were for me !!

     

    Have fun with it ..
    30 Jan, 10:46 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    The huge bounce after third test of 1775 suggests that it may hold unless some new and dramatic news.
    30 Jan, 09:40 AM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    Hope your right Tack. I just allotted 10% more of my 401K to the Vanguard Mutual funds I have. Emerging mkts. and Target 2030 . I think we may have some upside movement in stocks(And hopefully Metals) in the next month or so.
    3 Feb, 08:32 AM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    C:

     

    A very positive report from Brazil today. The bottom there may be becoming into sight. With those funds, don't sweat the immediate term.

     

    P.S. A move up in metals would not be a positive, as they only jump when indices plummet.
    3 Feb, 09:25 AM Reply Like
  • astarr66
    , contributor
    Comments (222) | Send Message
     
    Slim pickings for high yield candidates in Brazil. Wish i could find more.

     

    EBR
    CIG
    VALE
    SID

     

    Have you explored CIG?
    3 Feb, 12:58 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    All of those on my radar, plus PBR. Following ABEV, too, although not a high yield.
    3 Feb, 01:07 PM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    Yet they drop on the same days sometimes. I am just being wishful. I want both to go up. :)
    3 Feb, 04:21 PM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    Gold ,Silver ,and the Dow all slightly up today.
    5 Feb, 01:26 PM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    Added 4 % more to the Vanguards funds for a total increase of 14 % in 2014.
    5 Feb, 01:28 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » CoinsK
    What Vang funds did you add to that have given 14% return so far this year? My money is 7%-ish down.

     

    BTW, we've got a 2nd chapter started:
    http://seekingalpha.co...
    5 Feb, 01:39 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    He means he expanded his holdings by 14%, not the gain.
    5 Feb, 01:40 PM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    LOMAH I meant that I have PUT 14% in the VG funds from the Money Market fund. I am down about $1000 .00 total from $220,000 to about $219,000 The Funds I have are the Target 2030 Fund and the Vg Intl. Growth fund Admiral Shares.. I should have been more clear. I have allocated 14% in equal amounts to these 2 funds. . I hope this makes sense now. Sorry for the confusion. Opinions ? I would love to hear them.
    5 Feb, 01:56 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Thanks Coinsk. Just wondered how you found popping returns in funds in this market :).

     

    I've always like Vang funds. The fees make a difference. I've skipped the target funds. They came along after I'd started into various large/smallcap growth/value/mixed. I figured I wanted everything in equities anyway, not bonds, so I stayed put. (I owned CDs & CEF already on my own.)

     

    I did notice that my 401k small/mid cap seemed better than my Vang. It was set to a different index (Russell instead of MSCI. I think Vang's since switched to CRSP). Vang does now offer a Russell small/mid with higher fees than their main one (not high, just higher). So that's something I consider on ETFs and Funds. Also the ETFs have lower fees than the Funds.

     

    I probably looked into the Vang International, but right now... my mind is coming up blank. To me index funds are all about picking the index to match to, the company with low fees, and one with enough liquidity (especially on ETFs). I parked money. Let it grow. And it all did very well for me. Not "seeking alpha" 30% type gains. But not 10 lost years either.
    5 Feb, 02:11 PM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    Thanks Tack,that's exactly right.
    5 Feb, 02:23 PM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    Appreciate the info LOMAH. Thanks also for the link to Ch. #2.
    5 Feb, 02:25 PM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    Pulte (PHM) just beat on earnings. Also reports lower volume, but it seems this could be attributed to fewer communities available for them to develop. As I've said before, what I'm seeing in my business is continued growth in construction, especially in both single and multi-family. Also saw report today that December home sales declined much more than anticipated. I'm in SC and we are having a very wet and very cold winter. Most construction in this area is currently behind close to a month. If we're this cold here it's got to be worse further north you go. Could this be a factor?

     

    My gut tells me if there is a correction, it's a market correction, not a full blown pullback in the economy unless like Tack says new and dramatic news.
    30 Jan, 10:30 AM Reply Like
  • User 7415181
    , contributor
    Comments (757) | Send Message
     
    LMH,

     

    I've noticed that you seem to be dabbling more. Any particular strategies you're going to be using?
    30 Jan, 11:01 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Hi Everyone!
    --
    Tack - that bounce is looking good... Didn't realize it's a third test of it. That's very positive.
    --
    CWinn - I've gotta agree. The GDP was similar enough, that there's no signs of a big crash coming at least not right now. Liquidity all over the place also doesn't lean towards crashing.
    --
    User7 - I was all set to dabble, and my car stopped cold in the middle of a long trip. It's taking forever to find an engine & repair shop, or buy another... so I've gotten side tracked.
    --
    I'm doing a combo of indice ETFs which I have already. I want to add some of the newer ideas of low volatility ETFs, and non-market weighted that pick up more value / beaten down stocks. They have higher fees, but still beat the market. So I'll only do a small portion.
    --
    I'm sticking with my 60-70% small/mid cap, but for large cap, I'm swapping out from the indices into single DGIs. Then I'll also add some CEFs and the stuff that you and Tack talk about. That's all new enough to me, that I haven't fully researched them yet.
    30 Jan, 11:12 AM Reply Like
  • User 7415181
    , contributor
    Comments (757) | Send Message
     
    I am glad to see you implementing a plan!
    30 Jan, 11:20 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @U7

     

    I'm collecting also the "protection" strategies of when to get cautious, take profits and move more to cash or undervalued. Such as the one you're using, SouthernGents, and Fears. A lot of the strategies I've seen are better in hindsight.

     

    How has your strategy thinking come along?
    30 Jan, 11:24 AM Reply Like
  • User 7415181
    , contributor
    Comments (757) | Send Message
     
    Agree with what you just said. That's what's been worrying me about the momentum strategy I'm using over the last couple of months - it may get me out of the way of a massive meltdown, but a rapid downshift and then bounce back up may force me to sell and then have to re-buy at a higher price. Over the last week or so I've been throwing around ideas with extremebanker (who advocates momentum) over here:

     

    http://seekingalpha.co...

     

    and he's given me additional reading material on relative strength and how to use it. I think that if I incorporate this and what I'm currently doing and utilize various asset classes instead of just stock/cash, then the results should be better.

     

    That said, I'm still doing cefs and preferreds for the yield in my taxable account. Don't want everything in one basket.
    30 Jan, 11:34 AM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    A brief comment:
    The major problem with momentum investing is that it unavoidably calls for too much market timing. Over the long haul value investing will deliver far better aggregate results, and you'll sleep better, too.
    30 Jan, 11:38 AM Reply Like
  • User 7415181
    , contributor
    Comments (757) | Send Message
     
    Tack,

     

    Won't argue that I can pick a top or bottom. But I think with a disciplined system, as long as I follow a sensible set of rules, I can do a bit better than indexing. At least there is some evidence that it can be done and I'm willing to give it a go with a relatively small amount of money (for me)...

     

    Anywho, on the value investing part, much more of my money is currently going to discounted cefs and preferreds. I've taken some ideas from you and other sources (that I think make sense) and am trying them out in different accounts. And I think you even told me that I will need growth over the long haul!

     

    I want to see what works with Real money as a simulated portfolio is not the same thing. Last year my high yield stuff broke even, maybe a little better because of the yield. My momentum stuff did better as it was a fine year for stocks.

     

    The only luxury I have of being fairly poor compared to others here, is that if one strategy goes boo-boo anytime soon it won't break me over the long term and I will have learned something. :)
    30 Jan, 11:56 AM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    user:

     

    Last year was the worst-performing year for yield investors in the last fifteen, so don't get discouraged. It's the first year in eons that I underformed the SPX.

     

    I've been bale to attain growth within my yield portfolio, without having to seek it elsewhere, by judiciously selecting undervalued, as well as high-yielding, investments, so the growth occurred in price appreciation. That cycle was interrupted last year, as prices of yield issues came under pressure with the overreaction to taper talk.
    30 Jan, 12:15 PM Reply Like
  • User 7415181
    , contributor
    Comments (757) | Send Message
     
    Tack,
    Sure. And I knew what I was getting into with these type of investments (and having dividends/distributions roll in frequently does help me sleep better). Reason for thinking about a momentum strategy in the first place was because of the limited options to invest in in my 401k. Free money match is hard to pass up. Indexing worked out well for my dad, he just called up Vanguard every five years or so and asked them where to allocate his money. Aside from Tips they recommeded, it worked well for him.

     

    But I do think that at the end of the day, I mentally deal better with actively managing passive investments.
    30 Jan, 12:37 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    user:

     

    Vanguard in a matched IRA/401K is a great way to go, to the max.
    30 Jan, 12:40 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Tack

     

    Would your expectation be that then this year should be stellar for a beaten down investment area? How could tapering effect it all?
    30 Jan, 11:19 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    First, let's get one question out of the way. I don't expect that tapering will have much effect on anything, rates or markets. QE has been flowing into excess reserves. Failing to add to already-excess reserves should have almost no real impact.

     

    Regarding the outlook for the year, I don't pay too much attention to that, as, again, it's trying to predict and time markets. What I ask myself when I look for downtrodden issues or sectors is two main things: 1) will the issue and sector likely see further very significant erosion in the short term (this is a sector-rotation question, not a market-timing inquiry), and 2) does the issue or sector provide a high enough yield (usually >8%) that I am willing to dispense with short-term price moves and harvest the yield indefinitely, awaiting price enhancement later.

     

    If I can say "no" to the first question and "yes" to the second, then, I will commence at least some buying into the issue or sector. I then decide when to sell that issue or sector based on its own performance and meeting my target objectives, not the market.

     

    Hope this helps.
    31 Jan, 09:03 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Tack

     

    Thanks! How do you determine sector rotation? Or did you answer with #2, by yield being high enough across the sector?

     

    --
    While I agree that QE & QE taper has little to do with market prices directly, doesn't it effect perceptions, and that in turn effects what money flows into and rates?

     

    --
    How did you come to this method? Did you try other methods and find this worked better for you?

     

    --
    Boy do I wish posts would show with actual paragraphs.
    31 Jan, 11:59 AM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    I determine undervalued sectors by examining relative performance levels over preceding months/years. Lagging sectors are, by definition, underperforming and, quite possibly, undervalued. I must admit that when I identify a stock or sector with a downsloping-to-the-right price, I then sometimes try to make a subjective assessment, based on years of experience, examining volumes, news, "feel" and other intangibles, whether selling may or may not be abating. This is hardly an exact science, but it assists me in deciding how fast I should build a new position.

     

    The other key factor, of course, is the insistence I have on yield. I cannot say often enough how powerful yield is to the overall equation. When some issue is paying me 10% (and I have plenty paying even more), it means I can make a nice return, even if the price goes nowhere. And, if the price erodes 10%, I make it all back in one year; if 20%, in two years, so there's constant downside protection. And, if and when prices reverse and start to climb, again, I make that 10% yield, plus any price move. It can add up quickly, but it may take a while to occur. That's why being paid nicely to wait is an advantage.

     

    QE, taper, all that stuff is simply noise. The overall system is swimming in liquidity, and changes in taper are hardly measurable. Forget the headlines.

     

    I've been investing for almost 40 years. I've been everything from a passive investor in mutual funds, to an active daytrader in the early-to-mid 1990's, to a fully committed value investor for nearly the last twenty years. Getting committed to value and and predictable income stream was easily understandable, as I made some money in a venture and decided to consider earlier retirement. I knew that could only be achieved by having a dependable source of income, without wild variances due to market performance or conditions.

     

    That prompted my focus on yield-oriented issues. And, it became a pleasant discovery that, not only could I make nice income in such issues, but properly understood and managed, I could make substantial capital gains, as well. I have now become quite knowledgeable in this discipline after all these years, and it's served both my investment and personal lives well.
    31 Jan, 12:46 PM Reply Like
  • CoinsK
    , contributor
    Comments (3511) | Send Message
     
    Wish my like button was working . That is very much the way I feel about investing as well Tack. Some very good thoughts here.
    3 Feb, 08:40 AM Reply Like
  • astarr66
    , contributor
    Comments (222) | Send Message
     
    T.,

     

    "...harvest the yield indefinitely...". You also regularly mention the power of compounding (re-investing divs/distributions?) high yielders. Do you do both for diff. Types of investments?

     

    I would Harvest while waiting for price appreciation.
    Compound for investments buy and hold.

     

    Thanks
    5 Feb, 03:25 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    as:

     

    I meant "harvest" to mean that one is getting paid the yield, regardless of whatever else might be going on. It was not suggesting what might be done with such yield.

     

    I don't participate in any DRIPS. so I receive all yield in cash. Then, I decide where and when it's next best re-deployed.
    5 Feb, 03:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    T

     

    "I don't participate in any DRIPS. so I receive all yield in cash. Then, I decide where and when it's next best re-deployed."

     

    Very important point !!
    5 Feb, 03:44 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    LOMAH, like this discussion you started. This year will be a good one for those getting into the market. This recent dip is a doozy, 5% down as of yesterday. Today we are getting the bounce, which is good for everyone.

     

    So I've slowly been buying during the down days. Not a lot, as I'm sure we will have some future dips, as that's how it goes.

     

    Still think the economy is getting better, plodding along. When the markets are tanking, that's the right time to dip in a toe or 2.

     

    I've bought (WAG), (BA), (MMM), (BAX), (VZ), (NLY), (PSEC) over the past week or so, adding to existing positions.

     

    No way anyone can call the top or the bottom of anything. So buying a little every month, especially on the dips, is my strategy. By buying dividend stocks/ETFs I always have some cash coming in. I'm trying to get a 4% or better portfolio return.

     

    My biggest problem is not taking profits….so that needs work. It's hard to sell your winners. Have to learn to take a little off the top now and then, to bank some of those gains.

     

    I've seen both (GALE) and (AMBA) go up tremendously, and then fall. Thank goodness they are both coming back some. Same thing with (NDLS).

     

    Best of luck to everybody!
    30 Jan, 02:17 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Figures that on a big up day, (XOM) and (MO) would quash my gains. :( My portfolio is currently in the red on the day... Not by much, but still...
    30 Jan, 02:39 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Welcome BSF!

     

    --
    What prices did you buy into those stocks? And how did you determine good buy in points?

     

    --
    I do think there will be more dips. But Tack's idea that it's better to time based on fundamental evaluations, makes a lot of sense!!

     

    --
    On taking profits, I'm slowly learning that went you start to feel that comfortable cozy feeling inside, it's time to take profits. When you feel that panicky feeling that things are so low, it's time to buy from your list. Regarding Solutions was big on both (GALE) and (http://bit.ly/1czW9kK) and last I read, he still makes a strong argument that they have room to run.
    30 Jan, 02:41 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » I have a lot in a 401k with great fund fees, .06 for a small/mid cap vs. Vanguards .15-.20.

     

    ---
    I'm wondering whether to move it out to Vanguard to gain more flexibility, so I can set stops and get out mid-day if everything is falling. Also so I can add individual stocks CEFs. Anyone with a similar problem?
    30 Jan, 02:46 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    LOmah,

     

    You have attracted a nice group here :)

     

    I was happy with the market action today as Tack and others mentioned S& P bounced off of that 1775 support level nicely.. Not sure if we are out of the woods yet , tomorrow is another day and a follow thru of any kind would be helpful for the bulls in the short term. ..

     

    I'm waiting for a "clearer" picture before i get more aggressive .. That may not come soon as we could also be in a trading range for a while .
    30 Jan, 04:45 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Hehe. I closed up a whopping $2.18. :) Time to order that new Bugatti...
    30 Jan, 05:28 PM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    Surprisingly I was 3 green for every 1 red today. I've added to my 'dogs' over the last few days. And initiated a new 1/4 position in (MORL).

     

    I have been hesitant to sell the one huge winner i have right now (NRF). I'm up over 220% but I'd hate to give up the increasing dividend. It has increased it's dividend every quarter since 8/2011. And seeing that I'm trying to stay the DGI course I'm conflicted at times with what to do.
    30 Jan, 05:41 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    In cases like that in the past, I have taken out my original principal to re-deploy, and let the 'profit' ride. You get the warm-fuzzy of telling yourself your cost basis is zero. :)

     

    All of mine were green except for two, but those two were very bright red. For missing estimates by $0.01 each. :/
    30 Jan, 05:51 PM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    Yeah (MO) reaction baffled me. It too was one of my reds. I've been trying to keep each holdings around only 4% of the portfolio and because of the massive run up in (NRF) MO is more around 3%.

     

    I did sell a few shares back when nrf was sniffing $12/share. I used it to start a position in (TGT). And that hasn't done so good so far.
    30 Jan, 06:36 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I'd keep the faith in regards to (TGT)... I don't own it now, but I may soon...

     

    (MO)'s yield is darn close to 6% now, and I may put some more money it.

     

    I got my check today from my (WIN) sale, so as soon as I get that transferred to my brokerage account I'll have a little money to play around with. :)
    30 Jan, 06:42 PM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    New article I just read.

     

    http://seekingalpha.co...

     

    Makes me think it's a good time to add to my position. I added to (PM) last week during the drop.
    2 Feb, 10:06 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    Yes (MO) has been very disappointing, & throw (MCD), (KO) and a few others in there! Trying to stay the course, but it is frustrating. Felt like selling (MO) for awhile, should have done it because I also own (LO) which is doing a little better. I bought (LO) when it was beat up bad last summer.

     

    LOMAH, the best time to start a position in any stock is when it's beat up bad. (PG) is at a good price point today; (JNJ) is looking cheap too. It's best to do lots of research, look at the PE ratio, check the expected earnings, think about where the company is going or could go. I read everything I can find about a company, and think about their business model. Some companies just don't make sense to me, like (AMZN) which has a crazy high PE ratio. It was down big after reporting lackluster earnings today, so there is truth that valuation matters.

     

    Right now (BA) is beat up - it's worth buying. My favorite way to buy into a company is to start out slow, maybe just 25 or 50 shares. Then add 10 shares at a time. I have free trades every month with Merrill Edge, so it works out ok. Re-invest the dividends if you can do that for free. However, I take all dividends in cash, and then every month I have money to re-deploy. Whenever the market is down, I'm in there looking for bargains & I keep a "shopping list."

     

    With 5 or 10% or your portfolio, look for growth stocks. This is a great way to get your portfolio zooming. Did you see how (UA) did? Wow, wish I had bought that one. (CMG) up huge after hours too. I've got my fingers crossed for (NDLS). (WFM) and (SBUX) are both down lately but both of these companies are still growing.

     

    Also to give my portfolio some oomph, I've been buying (NLY) & (PSEC). Already have (PTY), (MAIN) and a few others. (KKR) has been a winner for me. Every day, I spend a lot of time looking over what I've got, deciding whether to dump it - or add to it. Or just let it run.

     

    (BAC), (GE), (PFE) all look good to me. If you have decades to hold your stocks, then dividend growth investing - DGI - is a great way to build a portfolio that will provide you with income to live on in the future.

     

    ETFs works well too. I'm putting some of my cash hoard for emergencies into (PSEC) now & I already have (PTY). Call me crazy, but my emergency fund is about 3 years worth of expenses now. That way, I can sleep at night. No debt - and I'm not ever going to take on any new debt as we are in our later 50s. Earning a little extra on that emergency fund would be nice, so maybe we can eat out once in awhile or go on a vacation. Last year, I did ok with my investment results & managed to increase the emergency fund. Maybe keeping about 1 year in cash will be enough, the rest can make some interest.

     

    This year is going to be a rough one for us investors, but if we continue to choose carefully, buy the dips & stay the course it will be okay.
    30 Jan, 07:35 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    BSF,

     

    I'm getting double-whammied as I hold both (MO) and (PM). It is not a good time for big tobacco stocks.

     

    I need to get my money out, too. I hold those through Computershare, and they nick me for a little over 5% every time a dividend is paid. :( That, plus it's a long drawn out process to sell and get my money (much like my (WIN) sale - a week to get my check - they charge $25.00!! for an ACH). It's good for some stocks, like (XOM), (LMT), (NEE), and (MAC) as there is no fee on divs or monthly small contributions - only a charge to sell. Good way to build a position cheaply a little at a time. But otherwise it sucks. :)

     

    So, I wait... I need an extended up-swing so I can jailbreak my momo. :)
    30 Jan, 07:46 PM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    I honestly don't see the interest in (KO)? what am I missing? I know I'll get the they've been increasing their dividend every year, but it looks to me like the stock is stagnant.
    30 Jan, 07:57 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    DGI's main focus is not capital appreciation. Stagnant is sometimes good, because income increases regardless. It can be very boring.

     

    Myself, I try to ignore the P/S movements, and just concentrate on what that company is paying me to hold onto the stock. Odds are, if I so desire, a time will present itself where I can sell for a capital gain, or at least get 100% return on my invested money.

     

    Some DGI stocks are like bank CD's, kinda. But they typically pay a higher rate of return.

     

    Of course if you want real excitement, you can trade penny stocks and get rich (or poor) overnight.
    30 Jan, 08:11 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    yup, (KO) has been a horrible stock for awhile.

     

    all these people that think sugar is bad! soda is bad! killed (KO)

     

    it's all the hippies fault. they got everybody to eat yogurt & granola, now we're supposed to shop at (WFM) and eat at (CMG).

     

    as a diet code addict, it really hurts : (

     

    so it makes me happy when my (DNKN) stock does ok ;)
    30 Jan, 08:11 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    what happened to all the people that like to smoke & drink?? Even my (BUD) down lately.
    30 Jan, 08:12 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    CWINN,,
    i tend to agree with that ..u hit the nail on the head ,, its the "dividend growth" that most are attracted to and not the price appreciation in the stock .....
    30 Jan, 08:12 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    JBT, the dividend is my "sell" indicator. If the dividend gets cut or frozen, then I might sell. (KO) is wearing me down, as is (MO). Didn't help that Cramer dissed (MO) on his show today.

     

    For me, if the company still is on my conviction hold list, I'll buy more shares or re-invest the dividend while the stock is treading water. Question is, will (KO) do better in the future? If they would come out with some new beverages, or buy a snack company (like (PEP) did) it would help. The (KO) brand is a favorite the world wide, so for now I'll keep it. But darn, it is getting frustrating.
    30 Jan, 08:18 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    (KO) has a Stevia version in (at least) South America, which is proving to be a hit. Coke Life, or something. I heard they were going to do a limited release here in the States. Might/might not be a winner. I will certainly try it, as I did not care for Coke Zero.

     

    Used to be a diehard Coke Classic drinker... When they slapped $7.48/case on it, I converted to Sam's Cola. :( Next week I move on to the diet version - I need to get the sugar out of my diet.
    30 Jan, 08:28 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    JBT I'm really trying to give up the diet stuff. Now I only drink diet coke maybe once every few months. Sometimes, when I've had a really bad day it just helps to drink one. Good thing beer & cigarettes are not my go to stress relievers :)

     

    Recently, alcohol has been bothering me. So now, have to plan ahead as more than one drink a week is too much for me. Wow getting old really does suck! Who knew gout would be a problem.

     

    Can't wait for the big game on Sunday : )
    30 Jan, 08:52 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Ick. I do it all - beer, cigs, and lots of soda. Surprised I'm not dead yet. I'm usually good at what I do, so it shant be long, I'm sure. :)

     

    I agree, getting old(er) sucks.

     

    Go Broncs.
    30 Jan, 09:00 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    All of retail is out of favor right now , patience required ,, TGT and my new add (BBBY) didn't do much today ... I believe if u can buy them when on one wants them , and wait , the rewards come later..

     

    both in the "red" today and that is frustrating given the rally..
    30 Jan, 07:38 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    A link to a research outfit that has a good track record -- their take on the retail sector..

     

    http://fundamentalis.com
    30 Jan, 08:16 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    F&G, I like (M), (FL), (COST), (WMT) too. I've been watching (WFM) but since I don't like to shop there, haven't been motivated enough to buy the stock.

     

    If the company has a really good website, that helps. Today (AMZN) reported disappointing numbers so I'm hoping that will help the retail brick & mortar stocks.

     

    Online shopping is not my thing. I hate shopping in general, but still it makes more sense to go to the store for shoes, clothes, etc. & see what stuff really looks like.

     

    (TGT) should recover nicely once shoppers forget about the credit card issues. The retail space is too crowded. Sears, JCP, WMT, TGT, Costco, Kohls, the malls….too many stores, at least here in Monmouth County :) I used to shop all the time at the Freehold Mall but never get there these days (too far away now). Since Ft. Monmouth in Eatontown/Tinton Falls closed, that whole area around Monmouth Mall has gone down. All the jobs in Ft. Monmouth moved to Aberdeen, Maryland.

     

    (BBBY) will still attract shoppers because of the selection. Once people feel secure about their jobs, retail will get better.

     

    I saw some article that predicted retailers would decrease the size & number of their stores as more people shop online. However, I think online shopping is limited - at least for me. Who knows, people still like selection. That was the whole appeal of Walmart, one stop shopping.

     

    As I get older, having things delivered does appeal to me. So that could be a whole new market niche, delivering goods locally that people order, like groceries, booze, pizza, etc. online. Dominos pizza (DPZ) lets people order online now, with an app. That's another stock that has had extraordinary growth.
    30 Jan, 08:45 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Blue,
    Your comment "if the company had a really good website that helps"

     

    couldn't agree more , and that has been one of the "knocks" on (BBBY) , they have addressed that issue and are improving in that area..

     

    Time will tell...
    30 Jan, 08:53 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    F&G, it will hurt (BBBY) for sure if they don't improve it. Kohls & Macys have great websites. Costco does too. Likely it costs big bucks to have those websites. Kohls gets me every time, with the 30% off coupon and the Kohls cash.

     

    Lately what I've noticed is my DGI stocks aren't doing so well. Some are holding up better than others. Mr. Market seems to be rewarding tech and some growth stocks more, but based on earnings. Might make it easier for people to get into the great companies, like (PG), (JNJ), (CLX) etc.
    30 Jan, 09:05 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Hi! That's a lot of ideas to read!! Even more to research!

     

    --
    JBT - so sorry you had a red day :(.
    I think I'm underwater too since I bought indices at end of last year. But I'm not looking... Still it doesn't take much pop in the current trading range for things to get rosy again.

     

    --
    (KO) I've been hesitating on. It's fine as a DGI, but they haven't figured out yet how to get into the new "healthy" market enough.

     

    --
    In general over the years my small/mid caps have done much better than large. So I think the key is diversifying across cap-size was well as sectors.

     

    --
    BSF - if you get a chance, can you give an idea on one of your picks and how / what price you figure is a good entry point? Or do you just look for general down days?

     

    --
    CWinn - would you buy (NRF) today if you didn't own it?

     

    --
    Tack - what was your take on today's close?

     

    --
    How's earning looking? Still hit or miss, kind of middling? Tomorrow should be interesting... We'll see if we're back in a bull/trading range...
    30 Jan, 10:32 PM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    "would you buy (NRF) today if you didn't own it?"

     

    No, not at the current price. I had three purchases all between Feb & Aug 2010...Avg price around $4. I'm holding now because my YOC is crazy. I've received approximately 60% of my original cost in dividends to date. I also want to see what happens when they split out the management business.
    31 Jan, 07:57 AM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    Nice day, but we didn't break 1800. Market didn't like German report, so back to test 1775, again, it seems.

     

    U. S. corporate reports see almost 70% beating estimates. Not bad.
    31 Jan, 08:02 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Is this still "noise"?
    --
    Looks like if might be a shift to correction mode though. What changes during a correction? Fear you mentioned that mode shifts to "good news isn't good enough."

     

    --
    Is anything triggering this, and worth keeping an eye on?
    - Amazon earnings missed.
    - Retail's weak & Walmart's forward guidance was low & German retail took a hit.
    - Europe is holding but seeing some deflation, and China's showing weakness and Emerging Markets are doing poorly off the rise in rates.
    - But the "flagship" US & Japan economic news is fine.
    31 Jan, 08:34 AM Reply Like
  • Robert Duval
    , contributor
    Comments (4517) | Send Message
     
    Great opening to buy something.
    31 Jan, 08:37 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    L,
    Its noise , but it surely effects prices - :)
    With the futures indicting more selling pressure , as i said yesterday, we aren't out of the woods just yet ..

     

    Patience is warranted at the moment ..
    31 Jan, 08:58 AM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    Fear - I have to agree. With what I'm seeing , especially the last few days, in my business it doesn't make sense. Liquidity is there, people are out trying to work deals, etc. I just don't see the doom and gloom that the MSM is pushing.

     

    Am I wearing rose tinted glasses???!
    31 Jan, 09:13 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @ CWinn

     

    It's not rose tinted glasses in my view. When I think about the economic feeling in 2008-9 vs now -- now doesn't match the roaring years and the economy is still hobbling a bit. But it's nothing like the panicky feeling in 08-09 of how are we going to get out of this? GDP is upbeat. Earnings have been good for a while, not superfanatic, but good. So I figure it matches the middle of an upward cycle, that's probably what it is....

     

    MSM is always looking for screaming headlines to get attention. It's why I buy my TV remotes only if they have large easy to reach mute buttons... (I've been known to add felt cushioning to make them larger and easier to press....)
    31 Jan, 09:32 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Cwinn , All

     

    No I don't think so ,, so lets look at some facts shall we...

     

    My "take" on the markets..

     

    http://seekingalpha.co...
    1 Feb, 09:09 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Macrotrader

     

    There's always a goal of buying during an bull market, and not bear... I'm inclined to think it's too early in the possible correction mode to buy? Even my favorite currently bullish investors seem to be flagging yellow for the short term.
    31 Jan, 08:41 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Markets on track for biggest monthly loss in 5 years !!
    I really feel sorry for those who really have no idea what they even own !
    I wish no one any losses.. I guess at some point a buying opportunity will arise,,
    Talking heads are all over the place as to why. Interested in opinions from your group why were correcting right now !
    31 Jan, 11:29 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @ IT

     

    That's a good question, on why we're correcting right now. One reason is the prior large run up, and this drop is a normal dip. It's not even a correction yet.

     

    --
    Anyone have thoughts on the triggers right now? What does it look like when it hit bottom and starts coming back up?

     

    --
    "I really feel sorry for those who really have no idea what they even own !"
    I didn't understand that. Why would someone not know what they own... except if their buying and holding and as long as their diversified, that's not a bad plan.
    31 Jan, 08:22 PM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    "One reason is the prior large run up, and this drop is a normal dip. It's not even a correction yet."

     

    I agree. I think this is a factor along with EM issues and potential China slowdown.
    31 Jan, 09:17 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    Biggest loss in five years! Oh, the humanity!
    A whole 3.54%. I mean, it's just unbearable.

     

    New-tax-year selling and hysteria over Argentina and Turkey, and 3.54% is all we get? It's hardly worth discussing.
    31 Jan, 09:44 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Tack,
    Agreed, but it makes great "chest pounding" material for those that have been negative ,, & have you noticed how many have crawled out of their bunkers during this ----to claim "I told you so"

     

    I saw Perter Schiff on CNBC thurday again proclaiming that the equity market is doomed ...... Of course he has been saying that since S & P 1000....

     

    Another opinion is fine BUT when will the hosts of these programs bring up that subtle fact and put it in perspective.....
    1 Feb, 09:20 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    The headline :
    "Markets on track for biggest monthly loss in 5 years !!"

     

    That would indicate that the other 59 months did not correct more than 5% in any one month ....

     

    And of course we can't dismiss the dividends garnered during those months and then compounded as an added incentive to be in the equity market --

     

    , it sure was a great time to build wealth for those that stayed the course ..
    31 Jan, 02:05 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    F&G, I schnitzled (yes, that's a technical term) a little more today, bought a few (BA) Boeing shares early, while they were "extra cheap." Going against the tide, I even bought a few (MAT) Mattel shares. Adding to existing positions, taking advantage of the dip this am.

     

    Nice to see (BWLD) Buffalo Wild Wings going up today. Just started a small position a week or so ago, so not adding today. Enjoying the run up…hope it continues past the Super Bowl.

     

    Bad news about Walmart (WMT) didn't keep that stock down. It's up today, which is nice. This stock suffered all last year. It's sort of like a huge bond, you can count on the dividend and the fact that it won't go up or down large numbers in a single day. Same with (MCD) which was also up today.

     

    So Chipotle reported great numbers, (CMG) up a lot on that news. Not every stock was down today. Good to see that after the open, the market even came back up - a lot. Watching to see how we hold up to the market's close.

     

    If you think 10 years from now, people will be going on airplanes, then take advantage of Boeing's (BA) sale price. If you are sure that Walgreen's & CVS will still be selling prescriptions, then don't be afraid to start buying them. Will we still be drinking coffee, scarfing down donuts, going out to restaurants & drinking beer? Well then the market is offering you some good entry points, at least on the stocks that have fallen recently. General Mills (GIS) is really a good value right now too.

     

    Note the companies that were up today: Chlorox (CLX), Kimberly Clark (KMB), Microsoft (MSFT), Noodles (NDLS) and many more solid, blue ribbon companies. The key to making money is to look over the rubble of stocks that were down today, and consider buying them. Mattel pays a 3.86% dividend and is on sale. That's why I added to my Boeing & Mattel positions today - they were good value.

     

    If you only buy your stock picks when they are up, it will be harder for you to make money. Same with selling out when your stocks are plummeting. A better strategy is to add to your positions (or start a new one) when a stock is beat up.

     

    The hard part (at least for me) is selling when my stock(s) are flying high. You should not sell the entire position, maybe just 10% or so. Lock in some gains, wish I had done more of that right after 12/31.

     

    However, to give yourself some reassurance, take a look at those companies that you own or would like to own. Go back, 20, 30 or more years. Very impressive charts you will see, with companies like (LMT) Lockheed Martin, (MCD) McDonalds, Starbux (SBUX) etc. Over time, the great companies do very well. This is why I am a long term investor, with a dividend growth strategy….it pays off in the long run & gives me new money every month to continue to invest.

     

    Just buying a few shares a month of your key picks is an excellent strategy. 2014 will be a year with plenty of volatility. Take advantage of it.

     

    What if we fall over the cliff? Well I'll be there, buying up whatever I can! Not going to worry about the "what ifs." Focus on the future, the companies that are doing well & will continue to do well. Rome wasn't built in a day, and one day will not wreck your portfolio forever. Keep building it, one stock, one share at a time.

     

    Please keep in mind that I'm posting for the long term, serious dividend growth investor. Not swing traders, day traders, etc.
    31 Jan, 02:53 PM Reply Like
  • Robert Duval
    , contributor
    Comments (4517) | Send Message
     
    Notice THD finished at HOD after holding a higher low. Certain EM markets may be the next rotation. Long THD, others.

     

    Much, much cheaper than US indexes. Love the EM crisis headlines.
    31 Jan, 08:01 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @ Macro

     

    All the headlines do have me thinking EMs are unfavored right now. Any particular ways you like to invest in foreign? Also if you bracket symbols, then they can be moused over to show the name of the symbol.
    31 Jan, 08:25 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Blue ,, your comment

     

    "The hard part (at least for me) is selling when my stock(s) are flying high. You should not sell the entire position, maybe just 10% or so. Lock in some gains, wish I had done more of that right after 12/31. "

     

    That is the hardest part for just about all investors to conquer.. so you are not alone..

     

    After a while one can develop a "feel" for when a stock is "stretched " in the short term .. Or simply get familiar with looking at a simple chart and it will tell the story.. One doesn't have to become a full fledged market technician to do this..

     

    I do this constantly with what I call my "intermediate " (6-9 month holdings) that I have sprinkled into my portfolio.
    Its the "wash, rinse, repeat" cycle that adds profit to the bottom line.. (BBBY) is in that category for me right now..

     

    Remember opportunities are presented in individual names daily ,, so there plenty of "fish in the sea' to choose from ..

     

    With Core holdings I will sell an upside call , while it doesn't add a whole lot of downside protection, it does add income ..

     

    Best of Luck .....
    1 Feb, 09:30 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @ Fear

     

    "Or simply get familiar with looking at a simple chart and it will tell the story.."

     

    What are you looking at in the chart? MA, any in particular? Vol??

     

    @BSF

     

    I knew the top with the indices and didn't sell anyway. So same boat. I remember someone experienced in SA telling me it's pretty easy to pick the bottoms, compared to the tops... So I'll 2nd Fear's "it's hard."
    1 Feb, 09:51 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    L,
    I often tell people to use Freestockcharts.com
    & I keep it simple.. just look at the picture..
    check it out..

     

    Here is an example......

     

    put in the symbol (WBMD) , I got in late last year in the mid 30's..... after it went parabolic in Jan.. , i pulled the trigger at 45 , didn't get the top, but as i have said picking absolute tops and bottoms are difficult.

     

    & I don't look back, because that will influence your next move..
    if it runs higher like it did ,,,so what ,
    With this type of holding (6-9 months) , i got lucky and i made a quick profit - so , no need to be greedy ,enjoy & move on .

     

    now if i see that it pulls back to that low 40 range , where it broke out and the fundamentals aren't changed i may go back in ....or depending on other market factors , i may just move on
    1 Feb, 10:48 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @BSF

     

    Are all of these ideas, DGIs?
    (NDLS) is new IPOed last year. How are you picking the non-DGIs?
    1 Feb, 10:59 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    LOMAH, 80% of my portfolio is conservative, DGI stocks. I keep a little cash, for times like we are having now. Dividends/interest is constantly coming in. So with about 5 to 10% I like to own a few growth stocks. (NDLS) was started by 2 former guys from (CMG) Chipotle. I like that it's a growing restaurant & doing okay. It's a tough time too, not everyone is eating out as much as they did pre-2009. Another company that I like is (SBUX). As it happens, I bought some (AMC) after it IPO'd recently. Sure, wish I'd bought (FB) or (TWTR) but didn't. It makes investing more fun to research these stocks & try them out. Another one that has done extremely well for me is (TSCO) a mega ranch store that is still opening stores across the country.

     

    DGI requires some discipline & it can get boring buying Chlorox, Kimberly Clark, P&G right - so a few growth/speculative stocks spice things up a little.

     

    I'm focused on generating income, with (PTY), (MAIN), (OHI), (OAK), (PSEC) and a few others to help achieve that.

     

    After reading extensively the DGI authors, their approach to constructing a portfolio that over time will become a dividend machine convinced me to change my portfolio. Chuck Carnevale, David Fish, Dave Crosetti, Innzkeeper, Bob Wells, Chowder, David Knapp and others really taught me a lot.

     

    Anything Carnevale writes is a must read. His articles explaining how to value a stock, how to research a stock, etc. & are invaluable for learning to become a better investor.

     

    As always, any cut or too prolonged of a freeze on the dividend is a good early indicator that the company may be having problems. That's a sell signal to me.

     

    1 Feb, 07:15 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    LOMAH, after doing research, which is mainly reading everything I can find out about the company - I ask myself is this a company that I want to own? Is it a company that will be around for the long haul, or is it just the "stock du jour?"

     

    I remember you talking about (RAD) Rite Aid awhile back. This is a company that I would never buy, because they are not in the same league as (WAG) Walgreens or (CVS). Quality is worth being able to not worry about some unforeseen event crushing your investment before you have time to sell.

     

    The problem with most traders and even some investors (notice that I distinguish between the two!) is that they are trying to get rich too quick. That aspect of greed is hard to fight, because we see some stocks shooting up - and wish we could have owned that. What the seasoned investor realizes is that buying & holding quality blue ribbon dividend stocks for decades is the real way to acquire wealth.

     

    However, I'm not trying to convince anyone that my way is the best for everyone….it's just the best for me.
    1 Feb, 07:35 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Fear

     

    So you basically just look with a bit of common sense? ...look at the trading range it's been in. Or if it's climbed up steeply and looks like it needs a parachute...?
    1 Feb, 08:24 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @BSF

     

    Ah, I get it. You're out to have a little fun!!

     

    With Tack & User7's focus on higher yield 8-10+%... I've wondered if DGIs can compete, or have an advantage (such as stability)? The top DGI yields seem to mostly be 4-5%/
    1 Feb, 08:26 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    L,
    yes i would say after a while one gets a 'feel" for price movement, and yes it could be called just plain old common sense..
    2 Feb, 09:07 AM Reply Like
  • CWinn1970
    , contributor
    Comments (363) | Send Message
     
    Reits look good IMO after the big sell off mid 2013. They've generally been green for me through this last week. I believe interest rates have held steady which should be good.
    31 Jan, 05:50 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @ Tack, Fear, Anyone
    Any thoughts on Reits and rates going forward?
    31 Jan, 08:23 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    Personally, I'm not looking for too much action, up or down, with rates in the near future. Rates may rise modestly after this minor panic disperses.

     

    Think the outlook for REITs and BDC's is acceptable, if not fantastic.
    31 Jan, 09:46 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » My internet was out most of the day. Anything happen today?
    31 Jan, 08:23 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Not much. I got whip-sawed, but that's nothing new... :)
    31 Jan, 08:39 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @JBT

     

    Did you try trading Friday? Or got whip-sawed just watching the charts, lol.
    1 Feb, 10:48 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    No, no trading. My "bottom line" was down big, then up big, then finished near flat. I rode a sine wave. :)
    1 Feb, 12:29 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Trying to get specific in my portfolio with some buys. Tack suggested Seadrill (SDRL) is down & getting close to a buy. Their dividend is over 10% at current $35.71. (52 week low is $34.57.) Energy sector is down & seems like everyone's bullish on it.

     

    --
    I like that their rigs are newer in the field of companies. Basically they buy & rent out deep sea drilling rigs. There management seems investor friendly, with focus on raising dividends, and doesn't have the slimy accounting issues that (LINE) did.

     

    --
    Any thoughts on their high debt? And Alantic IPO to raise capital for expansion? And using cap to expand rather than pay down some debit. Why are they down vs. the market segment?

     

    --
    The chart seems in a down movement, so I'll hold off till the chart looks better... but that could be very soon. The stock feels positive to me... that the issues have been around for a while, and it's been chugging along. Also it'll be three years till the debit would matter, so I can get 10% meanwhile.

     

    --
    Another risk for the whole segment, is an Iran deal that brings in Iranian oil competition. Impossible to predict IF it'll happen, but how much impact would that have (too quickly to get out)?

     

    --
    Any thoughts? Anyone long, short on energy stocks? What ones?
    1 Feb, 10:44 AM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    Long: RDS.A, TOT, STO, LINE, CHK, EPD, CLMT (new), SDRL (new)
    1 Feb, 12:38 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Tack

     

    For (SDRL) are you buying in now... or waiting a bit?

     

    Any worries about debt, etc, etc..... or is that stuff "noise" when it comes to this segment. i.e. that they're basically solid, and it's just the usual commentary...

     

    (LINE)'s back up, so seems like a poor time to buy in. Not currently undervalued as much.
    1 Feb, 12:48 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    (SDRL)'s largest volume in the last month was on January 30th, a day the market opened strongly green, but SDRL opened down, then reversed under buying pressure. This was a signal for me to initiate an opening position. Also, the issue has very strong support at $34.75, so I'll be watching that closely, if it's approached. With a 10+% yield, it's easier to tolerate some volatility.

     

    I'm not worried about the debt, as long as they remain consistently profitable.

     

    Look at (LINE)'s 5-year chart. Save for the recent panic, occasioned by some misguided articles about their merger, the shares have trended steadily upward. This doesn't appear to be a highly cyclical stock, so waiting for the "next dip" may prove fruitless. With a 9.7% yield, I'm happy to hold.
    1 Feb, 01:01 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @ Tack

     

    Good points. Thank you!!
    1 Feb, 01:06 PM Reply Like
  • astarr66
    , contributor
    Comments (222) | Send Message
     
    Tack,

     

    How do you come up with a strong support price of $34.75 for SDRL? Wondering how this is calculated. Is there a web site?
    Thanks
    3 Feb, 03:36 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    as:

     

    Note the low on April 17, 2013 and consistent buying that follows:

     

    http://yhoo.it/1cOdK8J;range=1y;compare=;ind...
    3 Feb, 03:40 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Walmart troubles?

     

    Doug McMillon officially takes over the CEO reigns at Wal-Mart (WMT) today with the retailing giant swimming with challenges for the C-suite.
    The new farm bill passed by Congress cuts food stamps by a moderate amount after the company had already cited lowered government assistance in the program as a factor in sales running below expectations in Q4.

     

    Despite the Q4 hit, Wal-Mart USA CEO Bill Simon thinks the development could help drive traffic in the future if consumers focus on the company's pricing advantage compared to grocery stores. On the international front, the growth track in Brazil and China remains choppy. Execs will have to decide if they will trim stores in the regions or double down.
    1 Feb, 11:02 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Energy,

     

    (LINE) the slimy accounting issues, IMO opinion were all trumped up :)
    and now proven to be false.. I have said all along here on SA , that there will be a distribution increase from LINE this year. This stock was a steal @ 20 when the "bears" made their case over the accounting stuff.. The stock has rebounded nicely .. now 32 ...

     

    Explorers here in US
    (PXD) , (CXO) , (WLL)

     

    IMO huge potential with these if one is patient .

     

    (CVX) --core holding that got beat up over earnings and I will be looking to add to this div growth aristocrat.. They have a great track record of div increases and with the stock selling off. we may just see a 4% yield ..

     

    (XOM) -- same with this one

     

    Oils service sector

     

    (CAM) , one of my '14 picks

     

    (RIG) (ESV) - yielding 4.5 & 5.5% with solid dividends..

     

    I don't pay attention to the day to day , Iran type, etc, issues..

     

    Most are LT holds , RIG and ESV are being sold like they have no yield and are losing money because of the negative sentiment.. Quite the contrary , both are solid.. & I can sit & wait collect the Div. while the market figures it out..

     

    A mix of some energy high yielders and a couple of North Am. energy explorers makes for a good LT basket of energy plays......
    1 Feb, 11:19 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    & a recent write up from another SA author
    on (CAM)

     

    http://bit.ly/1nAk1Ja
    1 Feb, 11:21 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Tack & Fear

     

    You're lists seem much different... (LINE)s the only cross over.

     

    Are there any energy ETFs that pass through the dividends, that seem solid to form a base? Make any sense to do that? I'm off to look at cars again. I'll look for one of these when I get back, and do more research on the sector...

     

    Had no idea the accounting issues, weren't. Very good to know.
    1 Feb, 12:44 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I just closed out the month of January on my personal finances spreadsheet. For the month, my stock portfolio was down 2.3%. 401k was down 1.9%. A separate portfolio I maintain for my son was up $1.60 (woohoo!), so I'll call that flat. With an increase in cash, it worked out to an overall down month of 1.5%.

     

    While I hate the down months, January 2014 was certainly nothing to get me overly concerned. Last August was worse by a long shot.

     

    I'm hoping February will be a better month.
    1 Feb, 02:17 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    JBT,,
    For what its worth , you outperformed the market averages , S & P down 3.5% and I believe the Dow was down 5% ..

     

    so u beat the 'indexers" :)
    1 Feb, 03:26 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    JBT, you own quality dividend stocks, so in the long run, you will do well. Case in point, your portfolio will lose much less than one that is heavy in questionable mono stocks - look how hard some fell in January, like Amazon.

     

    Even better, your stocks continue to earn dividends & give you income to invest as you like.

     

    It was nice seeing some of the quality blue ribbon DGI stocks actually go up on Friday, like (CLX), (KMB), (MCD), (CSX), (WAG).

     

    As some of the old DGI investors say, when the market is going sideways or even down, then they are getting an opportunity to acquire more shares with dividend re-investing &/or putting more cash to work. For those in the accumulation phase, these are the gravy years.
    1 Feb, 06:54 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (678) | Send Message
     
    I invest differently, I try to limit myself to small cap value for stock positions, any place I don't feel like I can add value by stock selection I just buy the index
    ..
    I'm bullish on banking, I prefer the small ones to the big ones, I have a position in (IAT)

     

    I'm bullish on China, I'm selling LEAP put on (FXI) and buying (FCA)

     

    I have a position in (ACI) where I basically sell puts, own the bonds as a hedge against an equity offering, own LEAP calls covered by short term call writing.

     

    I am fairly bullish on steel (X), (AKS) but I have decreased my position and sold covered calls after the last 4 month spike.

     

    I have a large position in (EZPW) and a smaller one in (OTCPK:AEBZY) its the ADR for Efes Beverage Group.

     

    I hold (MGM) but have started selling covered calls against the position

     

    I hold (PSX) but have decreased my position by a third after the run up.

     

    I'm bullish on pretty much all the oil names, the Chinese ones are priced better and I like (DGO), (CEO) looks very cheap too.

     

    I am also selling puts against the homebuilders and sometimes against (GDX).
    1 Feb, 02:23 PM Reply Like
  • astarr66
    , contributor
    Comments (222) | Send Message
     
    Question to all: What are the current Undervalued sectors? My take...

     

    EM (very undervalued, specially Brazil, Chile)
    Energy/Materials
    REITS (moderately undervalued)
    European Banks?

     

    The IHD fund(Ing emerging markets high dividend) is a great value now. It is at a decent discount, and has a payout over 10%. Imo it is poised to rebound soon with the emerging markets, but is good as hold anyway with its high payout. It writes covered calls against the stocks in the fund, so higher volatility of emerging market stocks means they get higher prices for the calls they write

     

    Any thoughts on the covered call strategy for this fund?
    1 Feb, 02:46 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    as:

     

    Like your sectors, with comments:

     

    EM - still downtrending; be patient in adding too much, too early
    Energy/Mat - good values in variety of names and funds
    REITs - think rate downtrend will cease; bounce mostly over; yield attractive in some cases
    Europe banks - good opportunity in various names, gradual growth

     

    IHD paints a good picture of the situation in EM. Note that overall performance has still been dismal, even with dividends added back:

     

    http://bit.ly/1nB7pBC

     

    IHD's discounts to NAV becoming very attractive, but the NAV's still downtrending. The key point will be when NAV's flatten out. In ideal situations, this occurs while investors still dumping the fund. That's a key buy inflection point.

     

    http://bit.ly/1nB7pBE
    1 Feb, 03:14 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (678) | Send Message
     
    Brazil is basically a play on China, if you are bullish on China it is better to own them than Brazil.

     

    Take (PBR) for example that company is run by the government to make sure there people are well feed subsidized by foreign investors.

     

    I would stay away from REITS mostly of course there are gems but with the interest rate outlook someone without the experience could get burned.

     

    I agree on energy, I think coal is interesting but my positions are looking to profit from the volatility, I think 3 years out coal companies could easily triple, but the EPA could bankrupt some of them before hand.

     

    I think small US banks are a better bet than European banks but obviously there is value in Europe.

     

    Almost any oil company looks like a winner.
    1 Feb, 05:51 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Yair

     

    Very interesting point on Brazil. The politics make an impact... Any particular small US banks?
    1 Feb, 08:31 PM Reply Like
  • John Wilson
    , contributor
    Comments (1366) | Send Message
     
    Yair:

     

    Or small/regional US banks will not use your money in a "bail-in" to recapitalize as a result of bad bond investments like European banks will.
    1 Feb, 08:54 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (678) | Send Message
     
    I like (HAFC) but my main position is (IAT), I would look for a bank with a higher return on assets than average and one which has a niche so they can compete with the big ones, (HAFC) for example serves the Korean community.
    I like small banks because I believe they will benefit from rising rates, if you don't think interest rates will be higher in 2-3 years than this is not the sector.
    2 Feb, 06:18 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    AS,
    Sector performance YTD in the S & P 500

     

    http://bit.ly/1nBf1UG

     

    I like certain retailers (consumer Disc,) that have been crushed and thrown away.. My guess will they will remain out of favor for a while , so patience required..

     

    The covered call strategy in (IHD) is similar to funds that I am familiar with - from Gabelli ,where they use a covered call writing strategy on every position in the fund and that enhances the yield and adds some downside protection..
    1 Feb, 03:51 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Astar66 - great question. I've been wondering the same thing.

     

    Really good info in the replies -- thanks everyone!!
    1 Feb, 08:09 PM Reply Like
  • Newbie trader
    , contributor
    Comments (194) | Send Message
     
    I agree with Fear&Greedtrader (XOM and CVX) are good bets. However if you look at the moving averages then the market looks very bad. Then again, they don't mean anything except when they do XD.

     

    Anyway, there will be inflation so it's better to invest then save but everyone else seem to understand that idea too and that's why the stock market went up so much. Then, it's a choice between the lesser losers (stock or cash).

     

    Well, I feel the market has become a mob or was it always a mob? Anyway, like in any mob, I feel it's best not to fight against it or be in front of it or be left behind (My Gosh! there could be loot everywhere or riot police)

     

    What I would do is listen to Fear&Greedtrader but wait a little. I mean sure the best time to invest is when there is blood on the street just make sure it's not yours. XD
    1 Feb, 07:10 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Hi Newbie -- welcome!

     

    So you're thinking to wait because of the moving average technicals? What length time do you use?
    1 Feb, 08:11 PM Reply Like
  • Newbie trader
    , contributor
    Comments (194) | Send Message
     
    Hi LoMaH! Glad to be here!
    I don't know really but being in cash really hurts because of inflation. I feeling like I am playing whack a mole except I'm one of the moles and the hole I am in gets hotter the longer I stay.

     

    I feel I would wait a week, maybe two or until the market stop bouncing up then down then up then down a little more. I think, if there is a correction, it would happen fast and furious. (LOL) I think or rather, I would like the market to not shoot up all at once after that so I could catch a ride up.

     

    Stocks will always go up because there's always inflation or not. XD
    How long would you wait?
    1 Feb, 08:49 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Newbie
    Hard to say. There's a "spooked" feeling right now, just looking for an excuse to act spooked. I expect at some point a pop up, that will look like we're out of the woods, that will then be followed by downtrend again. But for long term, yep, stocks always go up over longer chunks of time. What the experienced investors here have been saying, is ignore the market, and move into solid stocks when they are undervalued.
    3 Feb, 05:54 PM Reply Like
  • Newbie trader
    , contributor
    Comments (194) | Send Message
     
    I feel or rather I believe there's going to be massive or rather high inflation. Although I don't know how the fed printed money exactly, I know that the government sold them debt. Even though it's not directly and it doesn't matter how, the government already spent the money, I believe.

     

    So... it's not like we could wait a very long time, I think.

     

    I agree there's going to be a pop up and then if things settle, I think we would be out of the woods because I don't think there's going to be a downtrend after that, at least for a while, or so I believe. XD

     

    What kinda of signs would make you think that we are out of the woods that's what I want to know. XD
    3 Feb, 06:32 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    Next week Mr. Market will be waiting to see the employment number that's coming out at 8:30 am Friday. Remember, it was the dismal number 74,000 in early January that helped push the market down in January. This article gives you an overview of what to expect day by day

     

    http://cnb.cx/1j042Ui
    1 Feb, 07:53 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Not sure everyone would agree, but i just have a feeling that with the extreme weather we have seen across the country lately the jobs number will be weak again..
    1 Feb, 08:08 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    F:

     

    You forgot to mention that the number is also near meaningless as a current economic indicator.
    1 Feb, 08:30 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    F&G, I'm a little worried myself. We might see another disappointing number, which will roil the markets again, short term. This will provide plenty of opportunities, along with plenty of pain.

     

    In the long run, there is a lot going on. I'm only speaking about the computer engineering/technical field. My husband does research in this field. Innovation is constantly making everything more efficient. As those efficiencies lower manufacturing costs, speed communication, etc making our world better….perhaps we will see poverty eradicated in the future? Some companies will continue to make $ even in a down market. Trick is identifying them & loading up the truck.

     

    Save some dry powder for the coming opportunities.
    2 Feb, 09:11 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    T,
    Agreed but the "knee jerk crowd" will pounce on that and in the present state of mind , "the market" is now in , it may just tip the scales one way or another..
    2 Feb, 09:15 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    I just added this commentary in my blog ...

     

    Earnings Update :

     

    Per ThomsonReuter’s “This Week in Earnings”, the forward 4-quarter EPS estimate for the SP 500 estimate fell $0.52 last week to $119.80, from the prior week’s $120.32.
    The p.e ratio on the forward estimate ended the week at 14.88.

     

    the q4 ’13 earnings growth per ThomsonReuters is now 8.9%, year-over-year. Last week, the year over year growth in q4 ’13 earnings was just 7.5%, so we saw a pretty big pop this week in “actual earnings growth”, not expected growth.

     

    In fact, despite the negative commentary now flooding financial media, q4 ’13 earnings are very strong and coming in better-than-expected.
    2 Feb, 02:25 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (678) | Send Message
     
    Prediction 1/1/2015 s&p 2073.
    2 Feb, 02:26 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Yair,
    interesting and I woud like to see that happen ..

     

    I am now thinking of lowering my S & P estimates, as I see a period here where the market will at best, be flat, to slightly lower from where we are now..

     

    & maybe that scenario takes us to the middle or end of the third quarter.. ??

     

    Its more of a "technical" call , as The breach of the Dec low that we just saw, is IMO , a sign that has shown to be quite accurate in signaling "trouble" ahead...

     

    I'm putting together more thoughts on this and will toss them out in a blog post later in week..

     

    All of this , is merely a "speedbump' for the LT investor.. :)
    2 Feb, 02:38 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (678) | Send Message
     
    I don't think money has anywhere to go, the only value present is in emerging markets and physical real estate. They will out perform, the s&p will lag so only a 10-15% return for it this year.
    I think my number could be high just because it will bring the s&p price/sales a bit close to 2006 levels and I don't know if we can psychologically handle that though its logical with the increased margins.
    2 Feb, 07:26 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    FG:

     

    "Its more of a "technical" call , as The breach of the Dec low that we just saw, is IMO , a sign that has shown to be quite accurate in signaling "trouble" ahead..."

     

    Not so fast.

     

    That's the 1775 support level, and this past week the market tested it three separate days and failed to break it. It could still go. but it's a crap shoot. This next week ought to tell the story, though.
    2 Feb, 02:52 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    T,

     

    :) I hear ya ,, BUT to be "technical" about a technical call -- :)

     

    The Dec. S& P closing low was 1775.32 , This past week the S & P had a close of 1774.20.. Yes , that is truly splitting hairs here..

     

    So , I do agree the 1775 line in the sand has held and your final thought that it's it is a crap shoot from here is appropriate..

     

    I'm just giving more serious thought to what i mentioned ---a flat to slightly lower S & P from here in the short term.... Next week & beyond should give us all more insight ...
    2 Feb, 03:52 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    F&G:
    Because there's no support in sight for some distance below 1775, I'd expect that if it gives up the ghost that the selling would be rather steep and brisk, at slightly higher volumes. As we've breached 1775 intraday three times, without triggering the selling "bots" suggests to me that it's been holding, so far, and is reluctant to give up the ghost.
    Of course, literally anything could happen, but it hasn't been fragile, up to now.
    2 Feb, 04:23 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    T,
    good point, as i also thought that when i saw an intraday low of 1770-1771 , the "programs" would be activated adding to a quick "trap door" effect..

     

    As for now , it appeared that many "buy" programs were also initiated at those levels and the stalemate has us where we are today...

     

    either way, we both agree, it's best to avoid the "noise" that has really ramped up in the last week or so .. and instead take advantage of the opportunities that "fear' can present.........
    2 Feb, 04:35 PM Reply Like
  • John Wilson
    , contributor
    Comments (1366) | Send Message
     
    Tack and Fear:
    It could even go down to 1700, the 200 day MA present value and hold there and still be in an uptrend, though that would constitute a good correction. Could get more correction to that level, and then a move back to the highs later in the year. That's when I would be very, very cautious and defensive.
    2 Feb, 06:41 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    It could go down to 1650, the next major support. If one has a balanced portfolio, it's really not a big deal.
    2 Feb, 08:03 PM Reply Like
  • John Wilson
    , contributor
    Comments (1366) | Send Message
     
    Tack;

     

    $1650 was the major support level in the summer 2013. $1650 would be giving back everything from the Fall move.

     

    A balanced portfolio would be fine as long as interest rates behave.
    2 Feb, 10:46 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    JW:

     

    If the SPX falls toward 1650, one can rest assured that interest rates will be dropping steadily, in concert. All those abandoned yield investments will be singing merry tunes.
    2 Feb, 10:51 PM Reply Like
  • John Wilson
    , contributor
    Comments (1366) | Send Message
     
    Tack
    Yes, that would be true, and you can adjust your stock to bond-type( or interest yielding) investment ratio as desired.
    By the way, for those who were in the Portfolio Challenge, it is still running. Continue to post here on "Best Ways to Invest ...." and if you want to continue to watch your 1000,000 trading portfolio, you may do so.

     

    Portfolio Challenge:
    http://bit.ly/1icADUc
    Best wishes to all
    JW
    2 Feb, 11:38 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    The eurozone showing more improvement...

     

    http://seekingalpha.co...

     

    Headline like this gets trumped by the "noise" that's out there...
    3 Feb, 09:16 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    We are getting a lot of snow here in NJ, lucky that the Super Bowl was yesterday when the weather was better.

     

    Already shoveled out over 8 inches, just keeps coming down. Helped 2 people get their cars up our road - one guy took us almost an hour to get him up the hill. Who needs snowplows???

     

    When it's over we will have over a foot. Then it warms up tomorrow, and rain coming on Wednesday.

     

    The market is having a fit today. Look for some bargains, or wait until Friday. Still, last year at this time the Dow was just under 14,000. Yeah, 14,000.

     

    If you look at a 3 year chart, it puts things in perspective. Once we get some better earnings, jobs report, news about an improving Eurozone, emerging markets stabilizing etc. things will start looking better.

     

    Funny thing about gold…it's up almost $20. Yet (NUGT) is up only 35 cents & (DUST) is only down about 40 cents. These two ETFs are heavily day traded…..so looks like people are not even trading much on gold's move today. Maybe they've been burned before? Expect gold to move lower next week, it's only a fear trade this week based on Friday's jobs number.

     

    So that's how I feel about the market today. People are over reacting….take advantage of it if you can. Some real bargains out there.
    3 Feb, 02:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    BSF

     

    Gold and silver are the end product.. (NUGT) and (DUST) are the miners..

     

    Big difference...
    3 Feb, 02:43 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    IT, I've been following nugt & dust since last summer lol yes I know they are "miners." They are also perfect for day traders & gamblers. Remember, I made quite a lot of money trading them last year.

     

    What is different right now is that we are not seeing the $4 plus swings per day that I saw last year. Perhaps people have learned not to "invest" in these 2 ETFs because they are so volatile? Especially interesting how they move just before the market close. Most dump their shares in order not to be the last one holding the bag. Very dangerous ETFs, in my humble opinion.
    3 Feb, 03:32 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @BFS

     

    I have cash to deploy. If you had to pick your top bargins what would they be?
    3 Feb, 03:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    bsf..yup they are volatile... Doubt the lack of investing in them has anything to do with people investing in them because of that reason.(volatile)

     

    In fact ,just the opposite is true. You want volatility to trade them..

     

    Usually when margin calls go out the metal's are the first people liquidate..

     

    Gold has been trading in a range for a while now.. So the professionals have moved to other options imo

     

    But gold is also still positive for the year

     

    My 2 cents...
    3 Feb, 03:44 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    BSF:

     

    Despite today's hysteria, SPX trading volume still on a pace for lowest volume of the year, amazing as it seems. So, the panic selling is limited to a rather exclusive club, so far.
    3 Feb, 02:40 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    T,
    seems more like a lack of "buyers' than rampant selling , as they sit here and wait until the dust settles..

     

    Plenty of technical damage done , I'll post more on my thoughts after the close...
    3 Feb, 02:58 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Hi Everyone!

     

    Anyone buying today?

     

    ---
    I opened a small position in (TCRD) a BDC with 8.6% yield. For other buys, I'm not sure whether to get in now, or wait till the market settles more. Considering (LINE), (SRDL), and (PSEC), plus some "boring" names.

     

    ---
    I've been not posting much... have the flu, and figured I wouldn't be making much sense :). I'll start a new chapter soon. There's been great conversation and info shared!!
    3 Feb, 02:45 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    TCRD yield is 9.07%.
    3 Feb, 02:47 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Tack
    I used the number on SA's summary page -- my calculator decided to zonk out today :). Can't complain about higher % than I thought.
    ---
    Would you start buying into positions like (LINE) and (SRDL) and (PSEC)... or wait a bit?
    3 Feb, 02:52 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    LOMAH

     

    Here is an article about (SDRL)

     

    http://seekingalpha.co...

     

    Feel Better !!
    3 Feb, 02:54 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    You could initiate positions in these at any time. Suspect that LINE and SDRL may be more susceptible to down moves than PSEC. SDRL will make the largest upside move when it turn, in my estimation.

     

    All of them cough up nice dividends, of course.
    3 Feb, 02:56 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Tack
    You'd said something somewhere, that you were less impressed with (PSEC) as a buy right now, than (TCRD)? Why was that?

     

    ---
    Thanks, IT!! Cough, Sneeze.
    3 Feb, 03:02 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    LMH:

     

    I like PSEC and have a nice position in the name. It's just that I see more price upside in TCRD, at the moment. For dividends alone, PSEC is probably more attractive.
    3 Feb, 03:03 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @T
    I have very few positions... so more than one BDC for diversification would be good. So thanks! You're approach of high yield is very attractive. As long as the stock doesn't run into serious problems where capital is lost, the yield accomplishes a lot...
    3 Feb, 03:08 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    LOMAH, feel better. Save some cash in case Friday blows up with a low jobs number.

     

    As you go into the market, go in slowly. You will make money, as long as you buy quality investments at cheap prices. Today is a good day to stick a toe in the market.
    3 Feb, 03:38 PM Reply Like
  • Krustyman
    , contributor
    Comments (899) | Send Message
     
    What a day today!

     

    Nice blog LOMAH!

     

    ;-)
    3 Feb, 03:49 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Hi Krusty!! Having fun?
    3 Feb, 03:51 PM Reply Like
  • Krustyman
    , contributor
    Comments (899) | Send Message
     
    Busy busy!

     

    You have great people on this blog. Will come more often. We have great buying opportunities right now.

     

    Bought (MSFT) yesterday and again today just before the close for a cost around $37. Same thing with (AMZN) for a cost around $356. Long (BBRY) at a cost of $6.16 and (GRPN) at $10.85. The only green one is (BBRY) :-(
    3 Feb, 04:08 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Krusty

     

    Welcome , great to hear from you ...
    3 Feb, 05:00 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @Krusty
    You're taking risks...! Well (BBRY) and (AMZN). Are these trades for you, are you going longer term on anything? Got a very nice ad from First Solar, that made me thinking of you. It was nice enough that I put it in my "get around to checking out" pile.
    3 Feb, 05:58 PM Reply Like
  • Krustyman
    , contributor
    Comments (899) | Send Message
     
    Hi LOMAH,

     

    Yep these trades are for me. Long term is for (MSFT), (BBRY) and (GRPN). Adding (ZNGA) shortly for my long term portfolio as well as (EBAY). (AMZN) will be sold as soon as we have a real technical bounce.

     

    Bought (BONA) for someone else. Hold.

     

    What are you buying?

     

    Cheers! ;-)
    5 Feb, 09:19 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Krusty..

     

    I like (EBAY) it is a great stock to buy and write call options and grind out a nice return... :)
    5 Feb, 09:35 AM Reply Like
  • Krustyman
    , contributor
    Comments (899) | Send Message
     
    Hi Fear!

     

    I like what eBay is doing right now with the beta eBay Hire. Could be massive.

     

    Cheers! ;-)
    5 Feb, 11:47 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Hey Krusty,

     

    I didn't mean for you or someone else. I mean for trading or longer term... since I know you've switched to more long term investing. Sorry, I wrote that so unclearly :).
    5 Feb, 02:22 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    My .02 on the market today .... & how I'm positioned..

     

    http://seekingalpha.co...
    3 Feb, 04:55 PM Reply Like
  • Tack
    , contributor
    Comments (13576) | Send Message
     
    Here's the "insightful" analysis from CNN:

     

    "Dow falls 2.1%, and it may not be over
    February is looking an awful lot like January for investors. Emphasis on awful. "
    3 Feb, 05:26 PM Reply Like
  • bbro
    , contributor
    Comments (9851) | Send Message
     
    http://cnnmon.ie/QxDqZ3
    3 Feb, 05:51 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » @bbro - Welcome!
    Good chart. What investing conclusions do you draw from it? Especially for those looking to buy the dips with spare cash?

     

    @Tack
    That's funny. Great headline for a news agency. Not much use to an investor!
    3 Feb, 06:13 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Author’s reply » Moving onto a new Chapter:
    http://seekingalpha.co...

     

    Didn't realize how long this blog got with all the detailed posts!

     

    Gotta wonder too, why the instablog's spellchecker flags "instablog" as misspelled?
    3 Feb, 05:46 PM Reply Like
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