PIMPING STOCKS

[Bretsky]

Costco is a great stock

[call_me_ishmael]

Coinbase is such a good buy right now. That PE is dirt cheap. Easy 10x return on 10 year timeline IMO.

[call_me_ishmael]

https://twitter.com/Austen/status/1540350896663474178

True for most good stocks.

[Bretsky]

Coinbase is such a good buy right now. That PE is dirt cheap. Easy 10x return on 10 year timeline IMO.

You still like COIN ? They have a lot of challenges.

What are yall pondering now ?

It's the right time to find bargains; the trick is getting them right

[call_me_ishmael]

Yes, very much so. It is a great buy if you plan on holding 10 years. You will probably 10x your money or have nothing left. I am banking on 10x minimum. Brian Anderson is one of the best CEOs in the country.

I like Shopify, Coinbase, Amazon a lot at these price points. Amazon is a steal because it just continues to grow and grow and grow.

[Bretsky]

Yes, very much so. It is a great buy if you plan on holding 10 years. You will probably 10x your money or have nothing left. I am banking on 10x minimum. Brian Anderson is one of the best CEOs in the country.

I like Shopify, Coinbase, Amazon a lot at these price points. Amazon is a steal because it just continues to grow and grow and grow.

At these prices I really don't think anybody will lose money on Apploe or Google either

[call_me_ishmael]

At these prices I really don't think anybody will lose money on Apploe or Google either

I dunno where the bottom is but I think shit is gonna get bad. A savvy veteran move would be to dollar cost average it for the next year or so and let the chips fall where they may. 5-10 years out I think you'll make a lot of money on most things.

[Bretsky]

NVDA here seems like an ez call as well

[bobblehead]

I don't visit here often, but I saw the thread from the forums page. The market predicts the economy by 6 months generally speaking. The fed has/is forcing us into a recession to deal with inflation and the massive growth tech sector was sold off as a result. Now however the market is showing signs of resistance to a further drop. A nice lazy easy way to profit during a recovery is to play QQQ (nasdaq etf).

If you like to pick stocks though, SLG is an office REIT with an absurd 7.9% dividend. Its pretty good quality and pays monthly. Offices are finally set to rebound as the work from home idea is fading at many big companies. They are figuring out that they don't get their employees attention when said employee is sitting at home.

[bobblehead]

If you are super conservative (as I am) PFFA is a leveraged/managed preferred fund that pays near 9% dividend. Typically you wouldn't expect any upside from capital gains, but its trading below par so there is an upside there as well of at least 10%. Locking into a 9% yield with some upside is never going to hurt you.

[call_me_ishmael]

How are both of the above affording such a high dividend? What's the catch? Who wouldn't take 10% return in this market?

[bobblehead]

How are both of the above affording such a high dividend? What's the catch? Who wouldn't take 10% return in this market?

Office REITs were crushed to say the least. SLG was owning some high quality product and their revenues suffered, but not nearly as much as the market priced in. since dividend is a correlation to price, the % got pretty high. The underlying assets they own are producing again. They need to do a little catch up as far as payout ratio, but its getting there. When that ratio gets under 80% the price will correct to about a 5% dividend or so.

PFFA is preferred stocks, many of which offer yield of 6%+ (with no capital upside). So now, get a professional like Jay Hatfield picking out the best valued ones and then leveraging them you end up with 8%....then the market sells off (irrationally in the case of most preferreds) driving price below the standard par of $25 and you end up with a 9% yield on a pretty safe and diverse portfolio.

[call_me_ishmael]

How do I know when to sell them? I am interested in making the 10%.

[bobblehead]

How do I know when to sell them? I am interested in making the 10%.

My personal investment strategy is to only sell a quality dividend stock when it becomes over valued. So if SLG becomes priced to the point the dividend resides around 4.6% or lower I might sell...but I like to just take my monthly income from my portfolio and generally only sell when things are absurdly overvalued. PFFA likely won't ever get to that point. Preferreds are stable and safer than equity stocks. If somehow it priced up well over the $25 mark that most preferreds call "par value" then its probably smart to sell, but that just doesn't happen often.

I have a few rules when investing that have helped me dodge bad outcomes. I don't pay for absurd growth estimates (tesla and such). I don't buy china (alibaba and such). For the most part I don't buy stocks with dividends under 4%. I try to buy stocks that are trading at 20% or below historical norms. Stocks with a longer track record ideally. Then before I buy them I analyze whether there is a fundamental reason the valuation has fallen. If not, then that is usually a great investment. 4+% cash flow to wait for valuation to correct. Sometimes it happens fast, sometimes it takes years. Altria has been in a bear market for a decade, yet they keep paying a monster dividend and keep buying back their shares. They remain profitable, even growing profits year after year. I have owned it for awhile and am down overall, but I still rake in a nearly 7% dividend on the cost I payed for it. I can live with that playing out for another decade.

[bobblehead]

Hey Ish, MFC is also WAYYY down from historical norms and pays a 5.9% dividend. Now I'm wary of it since I think there could be an explanation for their big hit to profits, but since you don't believe me in the other forum this would be a great investment opportunity. I'll pass however.