Stock Market

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Made a purchase yesterday.
First time since 2021
Another real estate lender.
Surging up this year with good mid term analysis.
...and currently paying 11.5% monthly.

...although I''m tightening my watch on the other golden goose REIT I have paying 13% as it has leveled off YTD.
Sold off 30% of that last year and cashed out on the 30% profit. Hopefully I will lock in the 30% or close to it on the other shares, while they keep paying me.
Closely watching the housing and lending market as well.

...and my wells fargo gamble finally paid off this year after holding them for almost 10 years, while collecting the 4% dividend.
Now up about 3K on that.
 
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To all that stated that the stock market was gonna crash real soon and cars would soon be worthless.. :drama:

Closed today at 40,206 !!!
 
Banks doing well on the housing news. Mega caps were flakey today. Bitcoin is off again and gold reacting predictably to the DXY. I'm having some luck with short and medium corp bond etfs just now too. Happy Hunting
 
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Been sittin on this turd since Nov 2021 when I realized the market was not bouncing back. Phone goes crazy this AM which I chose to Ignore just because! Popped at $4.58 and I'm in at $3.31, while F### Me. All this with reinvested money that I paid capital gains on years ago, losing money to make money or is it making money to lose money!

1712161340550.png
 
dadsbee said:
To all that stated that the stock market was gonna crash real soon and cars would soon be worthless.. :drama:

Closed today at 40,206 !!!
Click to expand...

There have been buncha "crashes" since 1929, 20ish iirc, the market was always equal to or ahead within 3 monthish iirc
Our biggest worry is the big "RED" button, someone presses,
And results of the election.


like_A_pike said:
Banks doing well on the housing news. Mega caps were flakey today. Bitcoin is off again and gold reacting predictably to the DXY. I'm having some luck with short and medium corp bond etfs just now too. Happy Hunting
Click to expand...

Depending on election, the US dollar could tank on the world market, people moving to gold and bullets for investment security.
69FBCuda said:
Been sittin on this turd since Nov 2021 when I realized the market was not bouncing back. Phone goes crazy this AM which I chose to Ignore just because! Popped at $4.58 and I'm in at $3.31, while F### Me. All this with reinvested money that I paid capital gains on years ago, losing money to make money or is it making money to lose money!

View attachment 1716230962
Click to expand...

Sometimes it's time to consider cutting loses.
I think 70% of the S&P is up considerably, in 9 of 11 sectors.
Maybe time to find another horse
Consider a "stop-loss", set when you buy, "if it drops below "$n", sell.
Software or discipline may help cash preservation.
(Read and experienced that, lol)

Folks will be moving to gold with the uncertainty ahead.

If any of you got into DJT, you will now understand the value of a "stop-loss".
Lotta people hurting now, DJT is losing millions monthly, will continue dropping imho.

The market is broadening, it's not just the Magnificent 7 or 4 or ?
The Fed won't be lowering rates anytime soon, which will hurt the home builders, mortgage seekers.
Something will make the rates go down before the election.
Stay vigilant .
 
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Inertia said:
There have been buncha "crashes" since 1929, 20ish iirc, the market was always equal to or ahead within 3 monthish iirc
Our biggest worry is the big "RED" button, someone presses,
And results of the election.




Depending on election, the US dollar could tank on the world market, people moving to gold and bullets for investment security.


Sometimes it's time to consider cutting loses.
I think 70% of the S&P is up considerably, in 9 of 11 sectors.
Maybe time to find another horse
Consider a "stop-loss", set when you buy, "if it drops below "$n", sell.
Software or discipline may help cash preservation.
(Read and experienced that, lol)

Folks will be moving to gold with the uncertainty ahead.

If any of you got into DJT, you will now understand the value of a "stop-loss".
Lotta people hurting now, DJT is losing millions monthly, will continue dropping imho.

The market is broadening, it's not just the Magnificent 7 or 4 or ?
The Fed won't be lowering rates anytime soon, which will hurt the home builders, mortgage seekers.
Something will make the rates go down before the election.
Stay vigilant .
Click to expand...
I little late in the game for stop loss. CD's have been dropping over the last few week, I have had to shift my ladder to other banks. Right now SCCU is at 5.35 AYP
 
Hard to know where to be just now. I moved some into a gold etf a few days ago and it is tracking pretty good this week. I lowered my exposure to equities and corporate bonds recently.
 
Jumped into the hole last week. A couple stocks close to buy points. Hanging onto my IAUM just in case…..

One little maneuver I use for long downward skids is move from riskier assets to a stable value fund to preserve capital. They are only available in your tax deferred retirement accounts. (401k). I don’t recommend trying to time markets but I think that they are actually for weathering down turns. Brighter bulbs than myself in here may expound. Take a look in your account and see if you can’t leverage these when necessary.
Happy hunting!
 
Most of what I have in my Stock portfolio are very low vs initial investment time. I am willing to wait these out. I also have a Fidelity market IRA which has made a comeback recently with the "No Fee" funds and the 401k has recovered and surpassed previous highs fortunately. Several IRA CD's taking advantage of the current interest rates, my largest ichunk at this time is the CD's pulling in 5.0% to 5.5% 12mo . I did take advantage of the IRA tax break this year $7500 at 5.35% ayp for 18mo, this saved me $700 in taxes this year.

IAUM up 35% over 5 yrs, not too shabby!

TLT and TMF are near their 5 yr bottom, if the markets drop I may jump in.
 
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69FBCuda said:
Most of what I have in my Stock portfolio are very low vs initial investment time. I am willing to wait these out. I also have a Fidelity market IRA which has made a comeback recently with the "No Fee" funds and the 401k has recovered and surpassed previous highs fortunately. Several IRA CD's taking advantage of the current interest rates, my largest ichunk at this time is the CD's pulling in 5.0% to 5.5% 12mo . I did take advantage of the IRA tax break this year $7500 at 5.35% ayp for 18mo, this saved me $700 in taxes this year.

IAUM up 35% over 5 yrs, not too shabby!

TLT and TMF are near their 5 yr bottom, if the markets drop I may jump in.
Click to expand...

Very well done .
Most investments should be doing well, considering we were shut down with disease a few years ago.
Saudi's drove oil price down to buy more oil assets that couldn't stay afloat cuz of the higher interest rates small outfits couldn't afford.
These small guys got used to near zero interest on their loans/mortgages, new rates broke them.
RIG offshore started activating it's first of many dormant rigs.
Price of Saudi oil going up, my guess $100,

Josh Brown is pounding table on IEO, a fund tracking all oil assets in general, so I'm putting some $$$ there, it's been on my radar for a while, gonna pull the trigger, with a stop of course.
jmo

iShares U.S. Oil & Gas Exploration & Production ETF (IEO)​

There's likely to be a pause as the smaller stocks that shouldn't have gone up, go down back where they should be, good value stocks will stayish, and general market should rise.

There should be some powerful earnings reported for the first quarter, that should bolster the general up trend, but election is looming .
Stay vigilant.

Review your holdings, do a tune-up, get rid of dogs .
 
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69FBCuda said:
IAUM up 35% over 5 yrs, not too shabby!
Click to expand...

I picked up some of the more tangible kind when both kids were born. Jeez, we play with it, talk about value, and learn about money together. All the while it’s ticking northbound at around 12% a year. (16.5% here just lately) The Chinese are not buying Concourse grade Barracudas to hedge against inflation and political pressures! I’m pretty jealous, by the way, of some of these cars showing up on build threads lately. Trying to rationalize my life choices maybe….

So a higher CPI actually means folks are still spending and in our economy thats good. It’s just not gonna help my stocks today if it comes in over the 3.4% y.o.y. they’re expecting.

….edit…. Poop! 3.5%! JPow is not gonna like that. GE acted well during last weeks slip & doing the same today.
 
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