Looking like I'm gonna own 100 shares of IQ at about $30/share. I'll take it. Good position to enter and will look to make some short term gains on this. Very speculative stock, though. Lots of action. More like gambling on this.


On an actual investing note, wife and I are gonna try to max our Roth IRAs again this year but it's a bit tighter doing it on one salary this year. lol

Also started a 529 through Fidelity for my son. Tax savings on this plan look decent.
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For a single position, you can look at anyone who shows Total Returns but for multiple lots I don't know. Some people create custom spreadsheets and scrape end of day data from Yahoo finance but it's not perfect. If you google it, you'll likely find info.

Morningstar and even Yahoo will show Total Return data if you just bought once, you should be able to scale the chart to reflect the total return since your purchase date. My broker has a 5 year chart of this kind under Total Return but it's not literal numbers from any of my purchase/lots. Both of those have portfolio features where you can add your stock/lots but I don't know if that'd help.. I don't use either in that fashion.
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Stocks being sold off heavily after hours currently.

Rumor has it White House set to name $200-billion more possible tariffs on Chinese goods.

This will not be good.
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I fucked myself so hard :-)
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I've had this exact issue, spent hours on Google to try to figure it out without having to manually calculate. That's just messy and time consuming. You'd think with as many people who DRIP this would be a common request. Let me know if you find anything
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Yeah, the challenge is that those total return figures include the purchases of new stock through dividend reinvestment. All I can think of to do is scrape the data from every purchase and then work backwards, but that becomes a completely unreasonable task if I've held the stock for a while.

You'd also think that the brokerage would want to present themselves in the best light. The current system of including the DRIP purchases underestimates the total return significantly. I'm mystified why they don't give us an option to only count investments made from external funds. It seems like it wouldn't be hard to do.
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Exactly, it would behoove them to show your returns in the best possible light. I have a bunch of academic textbook stuff that shows what Dripping can do over long term which is second in significance only to compound returns themselves.

This is particularly true during market downturns where your dollar cost average is reduced. If you have something that pays strong dividends it is quite significant.

I've hedged my portfolio with a good amount of VYM for this reason. Its S&P indexed and tracks that very well, but emphasizes stocks that pay higher dividends than the rest of the index. With a buy and hold strategy through a downturn you'll make out like a bandit vs a straight indexed fund
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Here's a little piece of IQ news from yesterday, which may or may not have contributed to today's gains...


https://finance.yahoo.com/news/iqiyi...113900738.html



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Yea IQ is a very volatile stock. I plan on swing trading this through the peaks and valley if the situation looks good similar to what I recently did.

Sold a Put back in June that expired worthless. Made $200.
Sold a Put in July that got exercised. I bought 100 shares for $30.17 cost adjusted.
Just sold a covered call on those shares for July 27th @$33 that paid $197.
If it's exercised by July 27th I will make $250 on the sale.

About $650 of profit for not a ton of risk. I'll take it. If it looks like I can do it again, I'll start the cycle of selling a Put again as the premium payouts for options on IQ are high given the volatility.


And thank you Scho. I learned mostly about these options from you and have been using them at times with success.
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HELL YEAH
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By the way, I fucking hate this. As soon as IQ hits $42 I'm selling it and going back to my cozy, safe ETF.
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In my experience, stocks are more fun when you make money on them, and less fun when you lose money. I've seen that consistently over the years.
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Who's still long in IQ? BEen waiting for you guys to post the next best thing. WTF is HF when you need him?
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What do I have to gain by investing stocks on my own? My 401k has been humming along by Vanguard. I don't do anything. I think they would know more than me. Buying, selling, paying fees, staying up to date on news sounds like a pain in the ass.
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IQ sounds like Prestige....world wide.
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