Yeah, that's a pet peeve of mine. If you buy $1,000 of stock and it pays at 10% dividend and doesn't change in price, then reinvesting dividends will report that you have a return of 0% when it's really 10%.
[Reply]

I suppose since you paid taxes on the dividends that were reinvested it’s technically not a gain. However, I have the same annoyance since I just want to be able to glance at my brokerage account and get a good picture of how much return I’ve had on my original investment.
[Reply]

What about SSSS It's near a 52 week low pays a qtly dividend at a rate of 11.37%

Has a "strong buy" rating and a PT nearly 100% above the current price
[Reply]

Yeah, that's a good point about taxes. So there's probably no perfect way that a brokerage could report it without knowing a lot of stuff about us that we don't want them to know.

It just seems like it should be a problem that's been solved, and it hasn't.
[Reply]

Good reminder to pump those investment accounts in red years to gain a significant compounding interest advantage and savings for the future. These large red years don't happen as often as you think. It can be hard mentally for people to look at their account and see the decline. My passive investing into my 401k/IRA are down 19% from their all-time highs but I am looking to invest even further now as my gains for the future will be greater.

Hope this helps someone sock away a little more!


[Reply]

my prediction: this year will suck more cock like last year

patience is key, probably won't see a real bottom till extremely late 23/early 24
[Reply]

Market predictions are worse the KC Chiefs seasonal record prediction threads.
[Reply]

I saw an article the other day that said that the median error of stock forecasting by the major Wall Street firms was something like 8 percentage points. So that basically means that they're off by nearly the entire amount of the average annual return.

I'm liking 2023 so far. I was hoping that the market would do a reset at year end, and maybe we'll get that.

I do think that the market is trying to run a year ahead, so I think it'll be better than the news indicates if there's an expectation that 2024 will be back to normalcy. I'll bet that I'm right, plus or minus eight percentage points.
[Reply]

Yeah, for all the doomsday talk I've read . . . it's not a terrible start. At least, Apple hasn't gotten down to the level where I want pick it up at. Is below $100 asking too much?
[Reply]

So are you usually buying in the pre market and selling same day after it moves a bit? What’s the average you gain each day when you pick correctly?
[Reply]

Quick in and out trade this morning. Bought XPON at $2.22. Had to leave the computer so put a limit order in which executed at $2.45. Looks like I could have got a bit more had I been watching, but not bad for holding it an hour.
[Reply]

I hope one of the young guys sees this. Many it's crazy what starting early can do. I wish I started much earlier.


[Reply]

I'm now 99% an online banker.

I looked into online banks starting in 2019, but things were clunky and not the best.

In July last year I opened an account to see how things went (transactions, etc.). Very satisfied.

Needless to say I recently moved nearly all my money from my credit union to my new online bank.

The differences between old and new are striking:

1) Much higher interest paid on savings
2) Credit card is stellar with cash back
3) Everything is free, including checks (yes, still necessary)
4) All transactions show up immediately
5) Convenient, convenient, convenient

My bank is the hub of all investments and very important. It catches all cash from trades and holds it until a new opportunity arises.

Stewie, the mover of money. :-)
[Reply]

FDIC insured?
[Reply]

Of course
[Reply]