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  #6291  
Old 01-28-2021, 08:08 PM
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BonzoHansen BonzoHansen is offline
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reading the reddit stuff has entertained me for a few days.

"This is like fight club, but with stonks" - reddit user.


an interesting take.
https://www.youtube.com/watch?v=enLi...DD4QX6TcAhj1cE
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Last edited by BonzoHansen; 01-28-2021 at 08:18 PM.
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  #6292  
Old 01-28-2021, 10:26 PM
JKnight JKnight is offline
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All week I’ve been thinking, “I wonder what GW would have to say about all this?”. In all reality, I have an idea what he’d say, but I know he’d say it more succinctly than I could. Stay the course, invest in companies you understand and leave the gambling to the Vegas blackjack table. It’s been super interesting to watch, but it’s not the “investing” he so eloquently detailed in this thread.
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  #6293  
Old 01-28-2021, 10:30 PM
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Quote:
Originally Posted by SSLance View Post
So, the last couple of days watching what is going on with WallStreetBets and Gamestop has been entertaining AND made me even more thankful that Greg talked me into Growth Dividend Investing vs trying to gamble on the market.

Hope you all are well. Should be another interesting year right?
How did the Covid-driven pullback in Early 2020 affect your div stocks Lance? Did many of them reduce or completely kill their div payments? I know I’ll miss my 6% divs from Ford stock, but the return from dollar cost averaging my F position in March and April more than made up for the lack of dividend.
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  #6294  
Old 01-29-2021, 08:25 AM
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SSLance SSLance is offline
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Originally Posted by JKnight View Post
How did the Covid-driven pullback in Early 2020 affect your div stocks Lance? Did many of them reduce or completely kill their div payments? I know I’ll miss my 6% divs from Ford stock, but the return from dollar cost averaging my F position in March and April more than made up for the lack of dividend.
Most of mine held their course pretty well. We tried to make some more buys even in the early stages and were a bit late on arching the dip. Still very happy with our choices though.

My wife picked out and bought some STX which gas done fantastic for her. The sin stocks have been a great segment to be in last 12 months...
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  #6295  
Old 01-29-2021, 05:52 PM
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Originally Posted by JKnight View Post
All week I’ve been thinking, “I wonder what GW would have to say about all this?”. In all reality, I have an idea what he’d say, but I know he’d say it more succinctly than I could. Stay the course, invest in companies you understand and leave the gambling to the Vegas blackjack table. It’s been super interesting to watch, but it’s not the “investing” he so eloquently detailed in this thread.
Yeah, that's exactly what he'd say. Sure, there are people getting lucky. Even deep****ingvalue is admitting he got lucky and didn't anticipate this type of a reaction. WSJ has done an interview or story on him. Fun read.

The volatility has caused my other stocks to drop a little bit which is a buying opportunity for me. Not as great as last spring with the COVID drop, but a buying opportunity all the same.
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  #6296  
Old 06-25-2021, 08:40 AM
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Quote:
Originally Posted by JKnight View Post
How did the Covid-driven pullback in Early 2020 affect your div stocks Lance? Did many of them reduce or completely kill their div payments? I know I’ll miss my 6% divs from Ford stock, but the return from dollar cost averaging my F position in March and April more than made up for the lack of dividend.
I think I only had 1 change their Divvy, but it was WFC, who was in hot water anyways.

Was able to pick up a few things on sale, and get my parents on board with Div investing too. Happened to be at just the right time for them.
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  #6297  
Old 06-25-2021, 09:35 PM
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This thread has lost a lot of traction as of late, which is surprising considering the opportunities that have arisen this year.

The hunt for COVID-stricken stocks yet to bounce back has been a good one for me.

And on more of a controversial note, I started researching crypto-currencies somewhere in the earlier stages of the last bull-run. They're a roller coaster I don't hear much about here, which is odd considering the amount of crypto wealth I see poured into the car-scene.
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  #6298  
Old 06-27-2021, 08:48 PM
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It's lost traction because it's basically covered everything it needed to. Remember, I started this simply looking for investment knowledge. This was never about picking stocks as much as it was about learning what to do with money that's available for investing. That knowledge is still applicable today through all of these turbulent times.

I'm glad people are still checking in. Thank you. I hope this thread continues to help people the way it helped me.
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  #6299  
Old 06-28-2021, 07:24 AM
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I have no clue what i'm doing but on the prodding of friends. I opened a TD Ameritrade account and bought some GMGI stocks. Anyone else own any?
Anyone want to recommend some low buck "starter" stocks to play with?
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Old 06-28-2021, 07:30 AM
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Quote:
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I have no clue what i'm doing but on the prodding of friends. I opened a TD Ameritrade account and bought some GMGI stocks. Anyone else own any?
Anyone want to recommend some low buck "starter" stocks to play with?
Best advice I can give you is to go back to the beginning of this thread and read what Greg had to say. Reading and following his advice was a game changer for me. Retired early at 58 thanks to him.

Don
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