Originally Posted by Rain Man:
I've had IBM forever, and I don't even really know what they do any more. The stock was stagnant for a long time and I only kept it because it paid a good dividend and I didn't know where else to put the money. But then a few years ago it started doing pretty well. It's actually been a nice producer for me for the past few years.
I completely flubbed MMM. I bought it and held it for several years while it declined, and then I finally sold it off right as it started climbing. You win some, you lose some.
I started buying into banks headlong about four months ago. That's not because I have any theories, but more because I was having some cash freeing up and I've been underrepresented in bank stocks. I've been buying CFG, OPBK, PFBC, HSBC, and ... one other that I don't recall right now. The HSBC and the other one have been muddling around, but the first three have been doing well. I started buying the CFG about a year ago as a one-off, and it's been a star for me.
I keep thinking that companies that are fully operating in the USA will probably enjoy some advantages over the next couple of years, which may help companies like IBM, MMM, GE, and others.
I bought some more bank stock during the scare, but I should have bought JP Morgan. They ended up with all the discounted assets. Damn I'm dumb. [Reply]
Originally Posted by Buehler445:
So I was looking through some of my shit. I should do it more frequently, but whatever, I'm not in anything for a short term.
I bought a couple shares of IBM in August and hell they're up 18% (excluding dividends). I was pretty shocked not expecting that kind of runup. I don't hate how their situated from a business/strategy standpoint, so I bought a couple more shares and turned on DRIP.
My positions in google are looking rough recently, but are up 19% since March. I think I may look to layer in some more purchases.
I have some positions in AGM which is a bank that does ag lending. I just picked up a share when the banking shit started happening as a reminder to check their financials regularly. That ****ing share is up 86.74% (excluding dividends). Holy hell. So I layered in some more in July that's up 17%. I don't know WTF it's performing so well. But I think I may just pick up a share every time I make a payment.
I bought a few shares of 3M stock in March when they hired a different CEO. That is up 48%. I haven't layered in anymore purchases because I'm still nervous about the lawsuits, but I do have DRIP on. I may look at their filings and see if I should layer more in.
MAIN is one I brough when HogFarmer was pushing it. It has been pretty good over the course of time, so I pick up a couple shares now and then. I'm not thrilled with the business structure, but it's been good, so I keep buying some.
The Deere stock I have had a rough summer. But has boomed recently. I haven't looked into why. This is another one I need to buy a share when I make a payment.
The other individual stocks I have I'm not excited about. Most of the portfolio is in VOO VUG and SCHD.
What are you guys excited about these days?
Curious, what’s your portfolio YTD and 1-year? [Reply]
Originally Posted by Buehler445:
I bought some more bank stock during the scare, but I should have bought JP Morgan. They ended up with all the discounted assets. Damn I'm dumb.
Originally Posted by UteChief:
Curious, what’s your portfolio YTD and 1-year?
I switched platforms in March. Annoyingly those numbers aren’t easily dug out. Best I can tell my YTD return is 14.28%. Also annoyingly, that number doesn’t include dividends, which roughly math should add another .9%. I think?
I should t have switched platforms. I’m not thrilled about it. [Reply]
Originally Posted by Buehler445:
I switched platforms in March. Annoyingly those numbers aren’t easily dug out. Best I can tell my YTD return is 14.28%. Also annoyingly, that number doesn’t include dividends, which roughly math should add another .9%. I think?
I should t have switched platforms. I’m not thrilled about it.
Who do you use now? I am a former registered representative at Fidelity and use their platform. [Reply]
Originally Posted by Buehler445:
Well done. Those weren’t even close to my radar.
Truist has a great dividend! I work for LOB. When banking stocks crashed, I knew the financials were strong and it was an overreaction by the market.I knew the stock price was going to go back to where it was. [Reply]
Originally Posted by UteChief:
Who do you use now? I am a former registered representative at Fidelity and use their platform.
Schwab.
I was at WeBull and thought I needed something a little more professional. I thought I might use some of their services down the road and considered using them to administer a qualified plan. So I moved all my stuff there.
As a platform there isn’t anything Schwab does better. Maybe some analyst recommendations but I don’t read those anyway. [Reply]
Originally Posted by UteChief:
Truist has a great dividend! I work for LOB. When banking stocks crashed, I knew the financials were strong and it was an overreaction by the market.I knew the stock price was going to go back to where it was.
That’s what I was going for but had much less success than you. [Reply]
I put some money in Coinbase a few months back. Didn't know what I didn't know about all the different Crypto options, and I didn't want to spend the time to educate myself. However, I figured if everyone else was getting in on crypto, then some shares of one of the Crypto exchanges could turn out well. [Reply]
Originally Posted by :
Brian Thompson, the CEO of UnitedHealth Group's insurance unit, was fatally shot outside the Hilton hotel in midtown Manhattan on Wednesday morning, in what is believed to be a targeted attack, a person familiar with the matter told CNBC.
UnitedHealth Group canceled its investor day set for Wednesday at the Hilton after reports of the shooting emerged. Thompson, 50, led UnitedHealthcare, the largest private health insurer in the U.S.
Somebody must have been really angry about their coverage. Investor day was today. I've owned UNH for a long time. The stock is oddly up a couple percent today. [Reply]
Originally Posted by Buehler445:
I switched platforms in March. Annoyingly those numbers aren’t easily dug out. Best I can tell my YTD return is 14.28%. Also annoyingly, that number doesn’t include dividends, which roughly math should add another .9%. I think?
I should t have switched platforms. I’m not thrilled about it.
The reason I asked was I used to have two portfolios. One I’d choose stocks. The other was made up of stocks I was interested in and researched. Occasionally, I would out perform the index, but my individual stocks were so much more volatile. I decided I didn’t like the roller coaster ride and exited out of the individual stocks and now do strictly index. Except for stock grants and ESPP. I know have exit strategies for those as well. I must say I like the change. The index is up 28.44% YTD and 33.87% 1Y. I probably wound down the individual portfolio at the wrong time as it’s much worse! [Reply]