Scholarship table
Market less than 5% off of all time highs. FRIDAY BLOODY FRIDAY
Yeah, it was tongue in cheek
Haha it was less about you and everyone for the last few years who scream to buy every dip...when they aren't really dips
Yeah, it's funny to hear people proclaiming the end of the world when there's a volatile week with a lot of big names down.Rough time especially for more speculative names that have no earnings, the types of "disruptive" stocks that were all the rage at the start of the year.
Not profitable is not the same as unable to be profitable. I'd prefer a company that is using their revenue on growth/innovation over a company paying a dividend because they're out of ideas.
Re your first sentence, I agree.Re your second, I like companies that can do both, and many can. I'm not talking about those with high yields. I'm talking about, say, MSFT, HD, NEE, AAPL, LHX, LRCX, COST, etc. I do have some "boring" dividend-growers (the JNJs and PGs and PEPs of the world) but also have some non-dividend names (GOOGL, AMZN, FB). I also have a small, speculative bucket ... and most of those have gotten blitzed recently. My NIO position, for example, is about 30% underwater. My DKNG, one of my biggest "winners" a couple months ago, is now one of my biggest "losers." Thankfully, as I said, those make up only a very small percentage of our portfolio. I have a feeling I'm also at a different stage of my investing journey than you are. In 2-4 years, my wife and I will be starting to live off our dividends and capital gains (in addition to SS and pensions).
We're in agreement, mostly. The majority of my investments are in index funds, it's just not that interesting to talk about lazy portfolios. I have my bucket of fun money in small-ish speculative bets similar to you. Psychologically it's very interesting because those speculative bets aren't a ton of money, but they occupy a lot of my investing-related thoughts. It keeps my grubby little mitts from messing with the majority of my portfolio.My question for you: Why directly invest in companies over index mutual funds or etfs? Is that just the way you've been doing it for long enough that you don't want to realize your capital gains right now?
Anyone have any experience in I bonds? The partner and I do have access to cash (that is earning way to little and realistically losing value), and could max out, as they just raised their rates to 7%+.Thanks
I never claim that the way I do things is superior to any other strategy, including the more traditional DGI or yours with mostly funds or growth/momentum or anything else. I'm not a fan of "my strategy is better than yours" people. What I do just works for me, gives me peace of mind. This past week, while some were freaking out, I was like, "OK, but TD, WEC, AMGN and MA just gave me some nice dividend hikes."
Of the stuff I took a deep breath on and bought in March of 2020, AMGN has been the only one I've really been disappointed with. Yes, it is up marginally, but widely lagging the indexes.I realize that you are probably looking at it for the dividend and any cap appreciation is gravy, and certainly I don't mind the $7.00+/share it is throwing off in dividends, but still disappointing to me.
Haven't really thought about them, but that's a fantastic long term rate. Limited to buying $10k/SSN/yr
The only issue is that that is not a long-term rate. That is the rate they will pay for the next six months, started in November. The rate will renew to something else in May, all depends on CPI-U.The interest is determined by adding the fixed rate (currently 0, but changes every six months) and the CPI-U rate (changes every six months too). Good news is that unlike TIPS, I bonds can never go below zero in a deflationary environment but can pay zero if CPI-U is negative and the fixed rate is zero or low where the CPI-U is negative more than the fixed rate that is being credited. If you think inflation will continue to run high, maybe May's rate will be similar, if things start to cool off, you'll get a lower rate in May. You also have to hold the bond for a minimum of 5 years too otherwise you forfeit some of the interest.
Keep in mind that he wrote in 1999 and said it would take 3-5 years to reach 36,000. It took ~22 years.
That's true, he said by 2005. He briefly discusses where he went wrong with his initial prediction. It's more the overall premise of the article which I think is pretty spot-on.
1. I find it weird that at the beginning of the article he does a victory dance for the Dow hitting 36,000 even though his prediction was seriously, seriously wrong.2. His overall premise is "buy and hold over the long-term" from what I could glean, isn't it?
Couple other things ...You can't cash in an I-bond for at least a year. If you cash it in between 1 and 5 years, the penalty is 3 months' interest. That's a pretty small penalty given the interest rate. If you buy a $10K bond, it will earn about $700 in the first year. If you need or want the $ and cash it in one day later, you'll give up $175. That's not wonderful, but it still means you made 5.25% on your investment. And if you don't cash it in until, say, Year 4, that $175 will seem like peanuts. So it's not as if you're locked in for 5 years.The bonds will continue to earn interest for up to 30 years if one wants to keep them that long. I bought my first I-bond in 2003 and have just let it ride.My biggest nit is the $10K limit. I'd have loved to have bought more of this completely safe, fairly liquid investment at this great rate. Remember that's $10K per person. So one could buy a bond for oneself, the spouse and even the kids.
Mostly correct, the only thing is the 7% rate for November is only for 6 months. Worst case scenario is the rate goes to zero in May and you get about 3.5 for the year. I think it will do better than the 3.5 for the year as I don't think we will see a deflationary environment in the next six months.
Lots of analyst love for AAPL (glasses! cars!) taking it to an all-time high despite production snarls. Seems fully valued here to me, not that valuations have stopped tech companies from continuing to rise, however.