Originally Posted by myselff77:
Companies I'm holding long as solid businesses: Cost, brk.b, googl, msft
I also have positions in ptlo and modg that I've averaged down as I've lost money, but I like both for long term investments. Every Portillos I've been to in Chicago has always been packed, so I believe it can grow with their expansion plans. As soon as Callaway bought Top Golf, I wanted the stock for that part of the business alone. We'll see if either work out in 10years.
As for Bershire I assume the risk is low. If Apple survived Jobs, any negative on Buffet/Munger has to be somewhat baked into the price given their age ad certainly have contingency plans.
Had no idea Portillo's was publicly traded
I knew they were here in AZ but looked and see they're in 10 states now [Reply]
Originally Posted by Rain Man: I've got some Disney that's been underperforming for a long time. It's one of those stocks that I feel I should have for some reason, so I keep it. It hasn't been a great ride, but I keep thinking that at some point it's got to catch up to the market, right?
I've got some Berk.B that's done better. Not a home run, but at least above zero. I kind of worry, though, about what'll happen to the stock when Buffett and/or Munger eventually go the way of the dinosaurs. I'm sure there's a big team doing the heavy lifting, but will the stock take a hit when those guys are no longer in the picture? I'm a little concerned about that.
I have Disney as well and my logic on it is very similar to what you are thinking here. Hoping I am right on it. [Reply]
Originally Posted by Buehler445:
You might be right. Disney has had quite the tumble.
But there is some risk there. Iger came out of retirement to shitcan his successor without any other real comment. Dudes don’t do that unless it’s a shitshow rodeo.
Do some research before you put material dollars in it. I think, if I’m reading it right they cut their dividend completely. I have no clue how the streaming wars are going to shake out. But if I’m understanding it correctly Disney Plus is bleeding cash and they aren’t one to license IP.
Moreover, I haven’t heard anything about parks. I think that’s why they cut the initial dividend (COVID) but I haven’t heard anything about it bouncing back.
I had some for awhile and yeeted right out of there before it got red on me. But down here surely it’s a buy, but there are a lot of components I don’t know about.
YOU THINK I GIVE A FUCK ABOUT A DIVIDEND?!?!? WHERE THE FUCK HAVE YOU BEEN?!?!?!
Honestly, I prefer companies without a dividend. That means they will instead put money back into the business.
Maybe I'm not sold on DIS though but the forecast stuff I see kind of shows it being pretty beaten down. Some of the other tech and growth stocks seem a bit inflated with this recent run-up, and I have positions in others like PYPL, SQ, AMZN, GOOGL and BROS. I keep my individual stock long term positions to 10 or less stocks. [Reply]
Originally Posted by ThaVirus:
Lol I stumbled upon the dividends subreddit recently and those ****ers’ entire portfolios are dividends.
I won’t lie, they make it sound amazing when they get to the point where they’re making $2, $3, $4k per month in dividends.
I've been following this guy on youtube that has the dividend thingy figured out. He's making 120K a year just on divi's. I posted one of his videos a few posts back.
Originally Posted by Hog's Gone Fishin:
I've been following this guy on youtube that has the dividend thingy figured out. He's making 120K a year just on divi's. I posted one of his videos a few posts back.
Here he is:
Gonna check him out. We tend to invest in a lot of dividend stocks so any tips he has would be nice. [Reply]
Originally Posted by tredadda:
Gonna check him out. We tend to invest in a lot of dividend stocks so any tips he has would be nice.
I'm going to have to check this out. I'm hoping to build up my retirement fund to a point that it will produce a nice monthly income without touching the principal balance. Dividends would do that. [Reply]
Originally Posted by tredadda:
Gonna check him out. We tend to invest in a lot of dividend stocks so any tips he has would be nice.
This guy has big balls and invests margin money. He figures why not borrow at 5% and get 30-50% returns. He was at 360 K just 4 weeks ago and now has over 400K. and has it set through reinvestment of the dividends he'll have his margin acct paid off in three years and have a 700K account. [Reply]
Originally Posted by jjchieffan:
I'm going to have to check this out. I'm hoping to build up my retirement fund to a point that it will produce a nice monthly income without touching the principal balance. Dividends would do that.
Things to keep in mind.
1. 1. There is absolutely no legal obligation for any company to pay any dividends to its share holders. Stop buying penny stocks, thinking they'll never cut their dividend.
2.Percentage of dividend paid by any company is, in no way, any indication of the quality of the company. Just from dividend yield we cant say whether a company is good or bad.
3. Dividends are basically the part of profit or "cash in hand" which a company shares with its shareholders. Dividends come off the share price.
4. One of the best known company "Berkshire Hathway" owned by Warren Buffet, one of the richest men on Earth, has to date paid dividend only once in almost 50 yrs. Still it has given great returns to its share holders without a dividend!
5. The stock price of the company giving dividend gets reduced by exactly the same dividend amount on the record date ie the date when the dividend is actually provided. Hence, it does not have any material impact on your overall finance due to dividends. You can absolutely lose money on a dividend stock that's share price sinks.
MOST IMPORTANT FOR ALL TO READ
If you are an aged person or need more a pension kind if income, high dividend yielding stocks can work for you, while if you are young who want to grow your capital, so buy high growth low dividend stocks.
Lastly, a company which does not provide any dividend to shareholders but keeps investing in its products and factories leading to expansion and higher profit is far better than companies which are just doling out dividends but are not growing enough. But best are the companies which are growing quite fast and still paying out reasonable amount of dividends. Overall annual returns MUST be calculated to determine if a dividend paying stock is worth your purchase, you must not solely focus on the % dividend amount. [Reply]
Originally Posted by Hog's Gone Fishin:
This guy has big balls and invests margin money. He figures why not borrow at 5% and get 30-50% returns. He was at 360 K just 4 weeks ago and now has over 400K. and has it set through reinvestment of the dividends he'll have his margin acct paid off in three years and have a 700K account.
I'm no genious but I hope you see the faulty math and tremendous risk in this. We've seen stocks run the past few weeks and that's likely adding to his math. See the market go red and there's no way his plan will hold. [Reply]
Originally Posted by lewdog:
YOU THINK I GIVE A FUCK ABOUT A DIVIDEND?!?!? WHERE THE FUCK HAVE YOU BEEN?!?!?!
Honestly, I prefer companies without a dividend. That means they will instead put money back into the business.
Maybe I'm not sold on DIS though but the forecast stuff I see kind of shows it being pretty beaten down. Some of the other tech and growth stocks seem a bit inflated with this recent run-up, and I have positions in others like PYPL, SQ, AMZN, GOOGL and BROS. I keep my individual stock long term positions to 10 or less stocks.
It’s fine dude. Just make sure DRIP is on. Cool out yo. Fuck SPY has a dividend. Do you hate it too?
You’d prefer companies that don’t have a dividend, but do you prefer companies that shitcanned their dividend? Cash flow does not necessarily always go to either dividend or expansion/development. It can also be used for stock buyback, which is awesome for you, and to cover losses, service variable rate debt which is not awesome for you.
I’m not trying to talk you out of it necessarily. I think it’s probably a hood but I see a lot of red flags that make me uncomfortable without some additional research that I’m not willing to do at the moment.
Originally Posted by ThaVirus:
Lol I stumbled upon the dividends subreddit recently and those fuckers’ entire portfolios are dividends.
I won’t lie, they make it sound amazing when they get to the point where they’re making $2, $3, $4k per month in dividends.
Right? I threw a few buck at some dividend funds and stocks in a brokerage just to piddle, and I thought it was a decent hedge in the downturn.
Originally Posted by jjchieffan:
I'm going to have to check this out. I'm hoping to build up my retirement fund to a point that it will produce a nice monthly income without touching the principal balance. Dividends would do that.
I don’t think you’ve ever told me how old you are, but the most likely best program is to put a wide swath into a growth ETF and roll some into bonds, fixed income instruments and dividend funds as you get closer.
Or you could be a lazy fuck like me. My self directed funds are target date funds that will do that for me. [Reply]
NASDAQ UP 29% year to date. Sucks for those who think they can time the market, are sure we're heading for a recession, are sure the bear market will go deeper, hate the current president, would prefer to sit in cash and wait for the blood bath......etc.
Dollar cost averaging makes the most millionaires.
“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.”