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BlueSkyForever

BlueSkyForever
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  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #31 [View instapost]
    peg ratio is 0.25; higher growth expected this year; GM is selling very well in China; all the recalls have not affected sales - in fact, people going in for the recall are buying new cars when they see them at the dealer; what's NOT to like?? Wish I had bought GM a long time ago : )
    Jul 9 03:25 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #31 [View instapost]
    Bought some (GM) and (T) today. Will buy more....good dividend stocks.
    Jul 9 02:18 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #31 [View instapost]
    F&G, I'm actually shocked at how many comments I see talking about the market being about to "crash" or at least correct 10, 20 or more %. So many people talk about how they are selling, or already are holding cash. I also suspect some authors, and commenters of trying to get people to sell (and sometimes buy as well). After witnessing some crazy action with (GALE) here on SA, there are now some authors that I would never trust. The price of a stock can and has been manipulated by articles here. (GALE) is just one example. This is what makes investing in companies that have no history so dangerous. You never know what is manipulation and what is really "the truth."

    All I can say is, after doing extensive reading & research here on SA, dividend growth investing is the only thing that makes sense to me. Because DGI is extremely boring, buying a few growth stocks that look intriguing keeps me interested in researching stocks. Some are a little too exciting, like (ICPT). Who says the stock market isn't a casino? It sure is if you want it to be : )

    Thank goodness (CELG) (GILD) and a few other stocks I just happened to notice & buy are doing well.

    Have to say (PSEC) did have me worried, but now it's doing better.

    I'm ok with a market correction, it would help me increase some of my positions in stocks that are worth owning for the long term. I'm not buying anything at the moment....but still keep looking.

    (ED) & some of the other utility companies are worth buying if you don't already have utility stocks in your portfolio. So is (T), now that's a great company to own.

    Just this evening, I read a reassuring comment from a long term investor - over 40 years. He thinks this market will be just fine, and he's not worried.

    Let's see how we're doing 2 years from now. I'd like to keep increasing the number of shares in my DGI stocks, so that those dividends keep on accumulating. You really can construct a wealth producing machine & live off the dividends.
    Jul 6 09:27 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #31 [View instapost]
    Although the stock market is doing great, not all companies are worth buying or holding - which is always the case. If a company is overvalued, it could be dangerous to buy it. Take for example (TSLA). The value is based on the future, not current state of this company. If the Giga factory(s) are not built, or aren't profitable, (TSLA) will crash & burn. It is risky to own this stock. If you were fortunate & bought it cheap, I would absolutely sell most of it. OTOH, it may be wise to own a few shares because Elon Musk is a force to be reckoned with. This is why I continue to hold (TSLA) but it's certainly not a large position in my portfolio.

    I like the blue ribbon, dividend growth companies the best to hold long term. However, some of them are at a high PE ratio, and could be over valued. So you must be careful if you are buying stocks....best to look for value, then invest. Let's take (DE), currently at a PE ratio of 10. Earnings this year don't look overly rosy. Long term, this is the type of company I like to own. I've got a position in (DE) but will only add to it if the stock falls. If you are looking to establish a position, buy in slowly over time, taking advantage of market dips.

    Another stock to check out is (BUD). Current PE ratio is 13.8 but when you check the earnings (on CNBC.com) forward 12 month PE is 21.3. Earnings look solid, 17.5% increase in the next year (that's EPS growth rate). This stock has been a solid performer for me, but I wouldn't be a buyer right now. Might even be a good idea to trim my position a bit.

    Here's another area that deserves a look. (ED), (WEC) & (SCG) are all utilities that I currently own. Solid dividend producers, utilities are important part of your portfolio. If you check earnings, yield etc. (SCG) is looking good. But only on a market pull back.

    I'm not overly concerned with what the "market" will do tomorrow, next week, or even next year.

    What is important to me is how the stocks I own are doing. Or if a stock that I'd like to own is under valued, then I'd be a buyer.

    What is important to me are the dividends. If you design a portfolio that will generate dividends every month, you can live off of that. Or use the dividends to buy more stock...so that your dividend machine continues to grow.

    (PSEC) has made a terrific come back in the last month or so. Meanwhile, I am enjoying those dividends. People who sold in a panic, or didn't buy when (PSEC) got cheap - that's a pity. Currently, (PSEC) is paying 12.28%.

    Another stock that looks ok to buy is (NOC). Forward PE is 13.4, although EPS don't look that great for the next year, long term this is an excellent company to own.

    Keep looking for stocks that are undervalued - they are out there. Since the dividends keep flowing in, I'm always looking for where to invest that $. Lately, I've been reluctant to buy - but that could change quickly.

    Perhaps this is why we are not seeing the long awaited correction....there is plenty of cash on the sidelines, watching for an opportunity to get in the game.

    How much cash is in your portfolio? Some people are commenting here on SA that they are over 50% cash.

    Short term, investing in stocks (long or short) can be dangerous. Therefore, look for value before you buy. Dividends make it profitable to be in - & stay in - the market long term.
    Jul 6 12:07 PM | 2 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    Dow breaks thru 17,000

    Jobs report excellent

    Maybe the economy really is improving

    Happy 4th of July to all
    Jul 3 12:36 PM | 2 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    M, I want to thank you for being one of the few that continues to advise caution in this market.

    It is very wise to proceed with care right now. If the earnings start to roll in lower than expected, with guidance for the future bad too, this will cause a correction.

    Then there is the problem with unwinding QE & getting back to "normal" interest rates....which may take years.

    If we are lucky, the economy will slowly get better, earnings will also keep up & we will avoid another market collapse.

    There are many people in this world who have never tasted Coke, used a cell phone, posted on the internet, had a Dunkin Donut....and so I have hopes that many of the stocks I own will keep making money as their markets expand around the planet.

    Always good to keep a wary eye on the future.

    All my dividends are paid in cash. Just in case : )
    Jun 28 11:26 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    Of course "the markets" are rigged. The big investors, hedge funds, mutual funds, Goldman Sachs types, billionaires....all of them benefit from information that I will never be privy too. Insider trading? Absolutely - some will always benefit because they know what Icahn etc. are doing. Maybe Icahn isn't giving out tips, but his son might be (the gambler & the golfer that recently benefited from huge gains in stocks that Icahn took positions in comes to mind).

    The gold market is manipulated. Big commodity traders manipulate prices....so what else is new.

    The only thing I can do is buy great companies, that pay a dividend, & hold them until it makes sense to sell. Which I really hate to do - sell. The dividend stream is what I'm after.

    If you are trading short term, then best of luck. Nothing is harder than timing the ups & downs of the market or your chosen investment day to day.

    I'm up about $100,000 so far this year. Those dividends make all the difference.
    Jun 28 10:57 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    do you have data that suggests otherwise?

    I have almost $300,000 in cash.

    Just in case.
    Jun 25 04:14 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    Many times some have noted that a lot of investors are scared to put $ in the stock market....some are over weight in bonds too

    http://nyti.ms/1rzuSE7
    Jun 25 04:12 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    Thanks T, good explanation.

    It is sad how many are sitting in cash. My brother is one. I've talked to him about getting into some good dividend payers, like (PTY) (PCN) (PSEC) etc. Hopefully he will. He does have some $ in mutual funds, but is overweight in cash. And gold. Yup he bought gold. Paid too much for it - another sad thing.

    He's getting close to 65, 2 more years to go.

    My husband tells me not to harp on how well I'm doing with my gains; as it might depress him.

    I try to talk to him every week & encourage him. He says nobody could pick stocks back in the 1970s, hold them, and end up with millions. He thinks stocks long term holders could choose the wrong stocks....which they could, but when you get good at analyzing stocks, it does make it easier to pick the winners.

    Stock picking is not that easy, or we'd all be zillionaires. However, focusing on dividend growth stocks does make the job easier. Blue chip stocks, that have paid dividends for 25 years or more, is a good place to start. Then buy & monitor....when the dividend gets frozen or cut, that's a good indicator that the company is having problems.

    For growth, & to keep things interesting, I like (CELG) (GILD) (FB) (PCLN) (GOOG)s (SCTY) (TSLA) (ICPT)

    Stocks like (BUD) (STZ) (DNKN) (FL) (M) (MCK) are doing well. Finally people are eating donuts again.

    (MCD) has made a lot of changes. Just took a road trip & stopped at a McDonalds. Thrilled that they had wifi & a refurbished interior. The wrap I had was good. Must have been about 15 people there, at 10:30 am. Not too bad.
    Jun 25 03:09 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    Anyone watching world cup soccer?

    Germany vs. USA tomorrow.
    Jun 25 02:30 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    Interesting observation about volume in the market & options trading yesterday on CNBC's program with Melissa Lee. Apparently many mutual funds, large buyers (like hedge funds) are using options to make their stock purchases & stock divestments. This allows buyers/sellers to set their price, then wait for the market to get there. Nice idea, you could also use a long term limit order IMO.

    Low volume has led many to believe the market is not relevant because so many investors are not participating.

    Not true....due to options trading volume, which is higher than ever.

    However when the market goes south, you do see a huge increase in volume (DOW, Nasdaq, S&P). We just haven't seen a really big correction in such a long time.
    Jun 25 02:29 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    nope, answer to L's question "is this dip enough to buy?"

    things could get interesting in July/Aug.

    I'm fully invested & not doing anything at the moment.

    Dividends keep rolling in : )
    Jun 25 02:16 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    nope
    Jun 25 02:13 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #30 [View instapost]
    Not enough of a dip to buy for me. Lots of people are expecting a 10 % or more correction. Problem is, as soon as the market falls, the buy-the-dip people come in so we never see a really good correction. Unless something really major happens. Maybe later in August, if earnings are not good.

    However, looks like the economy has been humming along since Q1 disappointed. Read on CNBC that Q1 will be revised from -1% to -2%.

    Still lots of cash on the sidelines so looks to me like we continue higher. Those people who sat out last year are getting worried that they are missing out.

    The good thing is that many large US corporations do business all over the world. So they aren't only dependent on the US economy to do well. Works for me.
    Jun 24 07:24 PM | Likes Like |Link to Comment
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