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follow Rin 2018 Sep 25, 3:00pm
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I’m surprised you utilize a professional financial advisor. I figured you for a DIY typeI’m confident that I’ve performed an order of magnitude better than any pro financial advisor over the last twelve months, although here in the States they’re at a disadvantage by not being able to recommend Cannabis equities
GE is really a former blue chip, now in the toilet
PG's dividend is pretty nice, over 3%, and some appreciation as well.
The reason I dislike cash, e.g. CDs, is you are paid almost nothing to lend your capital to a bank. After taxes, a CD has a negative return usually.The reason I would not get out of stocks, especially ones which pay dividends is you lose out on the compounding effect of those dividends. Over time, the compounding effect is very powerful.
that’s the whole retirement portfolio.
So in effect, it's not about investing in CDs but in knowing when to steer clear of a downturn in the markets.
Knowing when to steer clear of a downturn is the hardest thing to predict in finance, unless you are talking about 1 to 3 days out and are willing to spend 5 to 10% of your portfolio on puts into a crashing market.
Here in late 2018, it’s the retirement account.
One can buy companies, which still needs to get their balance sheets in order, after a general market decline but not before it.
When one's not an active trader, keeping an eye on out of control corporate debt, is a way to avoid the downturn
Rin saysWhen one's not an active trader, keeping an eye on out of control corporate debt, is a way to avoid the downturnI've never done much fundamental analysis. Are you predicting a downturn? We havent even had a real scare in a few years, unless you count that hiccup earlier this year (DOW down 666 has 4chan all conspiracized )
Please always remember to diversify. You don't know what you don't know.
CBOEtrader saysRecentCost saysPlease always remember to diversify. You don't know what you don't know.Even more true when predicting legal environments. One or two new laws and these weed stocks could drop by 90%Which companies do you see facing the potential of a 90%?
RecentCost saysPlease always remember to diversify. You don't know what you don't know.Even more true when predicting legal environments. One or two new laws and these weed stocks could drop by 90%
Libertarians are Failed Losers. How could they possibly regain any momentum and bring back their War on Drugs?
Why not get Berkshire b stock 20% or more n let them do dividend investment for me?
@Aphroman I did actually buy some of those today:APHQF CNTTF KSHB CWBHFI tried to buy ACBFF as well, but that failed with "This order cannot be accepted because the security symbol is not valid." That's odd because I could look up the price by that symbol.I picked those from your list above since they seemed to have the best growing (heh) revenue and in some cases, actually earnings.It was a gloriously down day in the morning, meaning I got a substantial discount on all of them relative to yesterday. So I'm happy for the moment.I take it back. I'm kind of annoyed because they split up the trades into many tiny trades. For example, the CNTTF trade was they split it into 11 irregular parts, each with a different number of shares or price. Was I charged 11 commissions? Their site won't tell me the commissions paid, nor did their online chat support guy know the answer. Not good. Not so impressed with Schwab on this.
FYI, if you are an intermediate style trader, DO NOT use a short ETF unless you're certain that you're in a bear market channel, where each bounce back is followed by an even greater sell off. Otherwise, when it wobbles sideways, you get killed by the counter rallies. Also, short ETFs need a well defined exit strategy where once you see blood on the streets, exit and park your cash because the more time spent near the bottom, the greater the potential losses. I don't use any short ETFs, even though my trader friend does.
there is a pretty solid floor under them as long as they don't cut the dividend.
I agree with the strategy of owning dividend-paying stocks with limited debt. Almost all my stocks fall into that category. They may not skyrocket, but there is a pretty solid floor under them as long as they don't cut the dividend.