.

[sadam]

If anyone’s interested WeBull is running a promotion right now for two free stocks for new accounts opened. First free stock is for simply opening account and second one you get for a minimum of $100 deposit. Free stock values are from $12-$1,400. Pretty much same as Robinhood, I like WeBulls charting better than Robinhood however. If interested use my referral and hook up a fellow cyclone.

https://act.webull.com/i/1dcJxAZ5Bova/hbp/

 

[BCClone]

Very true. However, those contracts are for 100 shares, and I don't have enough to buy close to 100 shares. I'm only 32, but like the dividend strategy of investing for retirement in my IRA.

I thought you were near retirement. I change my advice, go for growth, you usually lose some total yield with good dividend stocks.


BTW, open an on-line account, it is easy and you don't have to deal with 100 shares at a time and best of all........it's basically free.

 

[mkadl]

Bought SPY and Casey today. Have buy orders for lower yet.

 

[BCClone]

Are there any companies that give you discounts or free stuff for owning stock? I know Cruises do but I don't like water and boats enough use it (anybody want a boat, I have a free one with a trailer you can have).

Thinking that would be cool to buy for the kids if they do. Like Wrigleys used to send you gum if you owned stock.

 

[SCNCY]

I thought you were near retirement. I change my advice, go for growth, you usually lose some total yield with good dividend stocks.


BTW, open an on-line account, it is easy and you don't have to deal with 100 shares at a time and best of all........it's basically free.

I understand what your saying about growth stocks, basically get a growth etf.

But what do you mean you lose yield on dividend stocks?

 

[CycloneDaddy]

Anybody buying today?

GE and OMI for me today.

 

[BCClone]

I understand what your saying about growth stocks, basically get a growth etf.

But what do you mean you lose yield on dividend stocks?

From what I have come across (i don’t specialize in the stock market so take this advice at what you paid for it) companies that pay heavy dividends usually don’t have a large focus on growth so when you add the growth and the dividend together (like a 5% dividend and 3% growth) it doesn’t net you as much in the long run as a company that focuses on growth (they will hit like 9% growth with a 1% dividend).

I generally figure a large dividend pulls cash out of their pockets that they can use to reinvest and grow their company.

Think of a high dividend stock as a balanced or income fund and a growth stock as a growth fund (obviously). The growth funds typically build more long term and the balanced fund will be less risky due to getting a nice payout each quarter or however long.

 

[SCNCY]

From what I have come across (i don’t specialize in the stock market so take this advice at what you paid for it) companies that pay heavy dividends usually don’t have a large focus on growth so when you add the growth and the dividend together (like a 5% dividend and 3% growth) it doesn’t net you as much in the long run as a company that focuses on growth (they will hit like 9% growth with a 1% dividend).

I generally figure a large dividend pulls cash out of their pockets that they can use to reinvest and grow their company.

Think of a high dividend stock as a balanced or income fund and a growth stock as a growth fund (obviously). The growth funds typically build more long term and the balanced fund will be less risky due to getting a nice payout each quarter or however long.

Yeah, that makes sense. I'd have to look at my numbers, but I think my portfolio value has kept pace with the s&p.

Also, the stocks I look for are those that have strong record of increasing their dividends, they're called dividend aristocrats. One criteria to be on the list is 25 straight years of paying and increasing their dividend every year. Reinvest the dividend to buy more stock, and the yield really begins to become noticable, on top of the appreciation of the stock price.

 

[LindenCy]

Very true. However, those contracts are for 100 shares, and I don't have enough to buy close to 100 shares. I'm only 32, but like the dividend strategy of investing for retirement in my IRA.

I can understand that.

 

[deadeyededric]

I'm waiting for Carnival to hit $6.

 

[SCNCY]

I can understand that.

On the flip side, anyone could probably take their entire portfolio and figure out the number of puts you need to hedge the portfolio. You could probably get real close on that.

 

[mramseyISU]

I'm waiting for Carnival to hit $6.

It damn near got there today. I’m waiting on Royal Caribbean to get under $20. I think with them suspending cruises until September it’s just a matter of time.

 

[benjay]

How about VOO (Vanguard S&P Index), like a weekly purchase to average over the life of the downturn? Buy and hold of course. Looking to take advantage of the downturn but not wanting to put a lot of risk in specific companies.

 

[deadeyededric]

It damn near got there today. I’m waiting on Royal Caribbean to get under $20. I think with them suspending cruises until September it’s just a matter of time.

I'm hoping to get some MGM at around $9.

 

[NateTheBoss]

How about VOO (Vanguard S&P Index), like a weekly purchase to average over the life of the downturn? Buy and hold of course. Looking to take advantage of the downturn but not wanting to put a lot of risk in specific companies.

I like VTI better. It is more diversified. But I don’t think you can go wrong with either. https://investor.vanguard.com/etf/profile/VTI

 

[brianhos]

Anybody buying today?

Bought about 5% more in my IRA yesterday at the end of trading.

 

[bos]

How about VOO (Vanguard S&P Index), like a weekly purchase to average over the life of the downturn? Buy and hold of course. Looking to take advantage of the downturn but not wanting to put a lot of risk in specific companies.

Vanguard has a bunch that are worth a look. VTI is pretty good too. VTI has more stocks at its disposal which helps in times like these but VOO has a slightly higher yield.

 

[brianhos]

Vanguard has a bunch that are worth a look. VTI is pretty good too. VTI has more stocks at its disposal which helps in times like these but VOO has a slightly higher yield.

So you guys do ETFs over regular funds? Is there a big advantage? I have been buying VTSMX, but maybe should look into the ETF equiv.

 

[brianhos]

6.6M new jobless claims. And the stock market will probably go up.

 

[BCClone]

6.6M new jobless claims. And the stock market will probably go up.

All depends if they were expecting that? What was the average market guess?