I've made up my mind that I'm going to start accumulating GBTC while Bitcoin is down. It's at $12 right now and when bitcoin makes its next run it will be back to $50 + [Reply]
Intraday volatility seems to be pervasive now, but I like the fact that the bulls are now starting to fight back. The past 7 months has been a one-sided beatdown, so it's good to see signs of life. [Reply]
Originally Posted by lewdog:
TGT could be a dividend play for you coupled with a recent 50% drop in share price. Good long term prognosis and decent dividend. With looming recession that may be a bad short term play, however.
I've got a fair bit of TGT, and it's been one of my best holdings over the past few years. At its peak I was up almost 200 percent plus the dividend. The recent hit was painful, but I'm still up pretty good. I'm not averse to buying more while it's down, and have indeed added small amounts recently. [Reply]
Originally Posted by scho63:
Like MeatLoaf said; "2 out of 3 Ain't Bad"
Intel has deep fundamental problems, just like Boeing.
The others should be good.
I've got all three of these to various degrees and watch them. I like GLW as a conservative play. It's not a home-run hitter, but it's historically been slightly beating inflation, which is all I need going forward.
I've taken it in the shorts on Shel and INTC. I rode a bunch of oil stocks down over the past five years. They've (SHEL, I mean) had a good year this year so if you include the nice dividends I'm probably close to breaking even on SHEL, which is not a win since I've had it for 5+ years. I'll keep it, but I don't plan on adding more.
I've taken a beating on INTC, but they're big in an important industry. I read an article a while back that said that they're looking bad now because they're making positive long-term investments, so I'll keep holding it. I'm not sure that I'll add to it, but maybe at some point I will. [Reply]
Originally Posted by scho63:
The scary thing about INTEL is that they have been making poor strategic decisions and I don't see new ideas that can turn this giant ship around.
I get the "major investments" for the future but I'm unsure if they can change the direction as the competitors eat their lunch.
Canceled my buy on Intel- thanks for the advice. :-) [Reply]
Not investing but a finance question for all the geniuses who frequent CP!
I really need some sort of finance class/read as I work on becoming an administrator. I'm almost there and I think I'll pass my tests with a job waiting for me, but my business background is next to zero. I went to college for 7 years and never had a SINGLE, not one, business class. I am all science through and through. I have a much stronger clinical side than most administrators in healthcare but the financial side is lacking. I can read our financial reports and such but it just doesn't feel as meaningful as I think it should.
Any thoughts on a good read to start with? [Reply]