I've missed chatting with all of my old M* friends
Dec 22, 2021 3:17:12 GMT
chang, Chahta, and 1 more like this
Post by kathiel on Dec 22, 2021 3:17:12 GMT
I've been thinking about how our group disintegrated after M* changed - everything - about how the community functioned. Thinking about that inspired me to post here, something I have rarely done. Let me encourage others to posts again as well.
When the market is chaotic, I wish for the collective wisdom of my friends here. And while the market has been chaotic, I feel almost guilty about how well my investments have done. I have continued to focus on income investing, though I have been more willing to buy stocks I think will appreciate significantly and sell them when they have appreciated "enough." Because I tend to focus on income investing, I'll often use yield to tell me when to sell a stock. When the yield gets "too low" because the price has appreciated so much, I'll sell.
I started buying older tech stocks - not the hot stocks - because they have plenty of cash flow and there are a goodly number that have nice yields. I also have found that these stocks often appreciate enough to make them worth selling rather than holding for dividends. For instance, I bought NTAP when the price was low and the dividend was relatively high. I held it for a while and sold it once it had appreciated at least 50%. I also did this with CSCO.
Many of you know I own some Apple. The biggest problem I've had with Apple is keeping it at or below 5% of my portfolio. It's a nice problem to have.
I want to wish all of my old friends a happy holiday season. And I hope for all of us the new year will bring happier times.
When the market is chaotic, I wish for the collective wisdom of my friends here. And while the market has been chaotic, I feel almost guilty about how well my investments have done. I have continued to focus on income investing, though I have been more willing to buy stocks I think will appreciate significantly and sell them when they have appreciated "enough." Because I tend to focus on income investing, I'll often use yield to tell me when to sell a stock. When the yield gets "too low" because the price has appreciated so much, I'll sell.
I started buying older tech stocks - not the hot stocks - because they have plenty of cash flow and there are a goodly number that have nice yields. I also have found that these stocks often appreciate enough to make them worth selling rather than holding for dividends. For instance, I bought NTAP when the price was low and the dividend was relatively high. I held it for a while and sold it once it had appreciated at least 50%. I also did this with CSCO.
Many of you know I own some Apple. The biggest problem I've had with Apple is keeping it at or below 5% of my portfolio. It's a nice problem to have.
I want to wish all of my old friends a happy holiday season. And I hope for all of us the new year will bring happier times.
