|
|
Post by xray on Jul 2, 2022 13:27:35 GMT
Looking at my current data (sole opinion of course), 81% of investors are currently "BUYING" their "selective" undervalued securities. MktPrc's are down substantially (some more than others) and this appears a very good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
Live Long and Prosper....
|
|
|
|
Post by xray on Jul 6, 2022 16:36:03 GMT
MY:
Looking at my current data (sole opinion of course), 81% of investors are currently "BUYING" their "selective" undervalued securities. MktPrc's are down substantially (some more than others) and this appears a very good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
--------
Appears many are on a buying spree in their selective securities yesterday (as indicated by current data). Several of my securities are showing insider buy's including "stock grants" (good sign). We should all "TAKE NOTE" of what the insiders are "PAYING" in their MktBuyPrc's for their recent purchases as we "ALWAYS" want to get under those MktPrc's....
Add to this, that any buybacks by the security themselves indicates that their dividend should be much safer than others (reduction of shares that would normally have to have their dividends paid out to)....
Live Long and Prosper....
|
|
|
|
Post by xray on Jul 11, 2022 17:18:59 GMT
Interesting market for income oriented investors. The fluctuations in MktPrc's (dip's) are making some securities worth looking into for very different reasons. With that said....
Three reviews worth looking at (going forward):
HGLB (>10%)
Increased their dividend to $0.81/month ($0.96/Yr) on 4/4/22
Crash data 6/14/22 with NAV 12.32, MktPrc 9.81; currently 7/9/22 with NAV 12.17, MktPrc 9.79
Latest x-div info 7/21, 8/23, 9/22: Pay 7/29, 8/31, 9/30
8.5% yearly div policy
Dividend is established every "December 31st" of each year based on NAV on the last 5 business days of December (for a 1-year period going forward)
Analysis data (single opinion) shows 9star (out of 10star) with a total analysis scoring of +362 (need >+267), Risk factor (Rf) +0.228 (need >+0.245)
KYN (>9.5%)
Increased their dividend to $0.175/month ($0.70/Yr) in June 2021
Increased dividend again to $0.20/month ($0.80/Yr) in April 2022
Crash data 6/14/22 with NAV 10.34, MktPrc 8.99; currently 7/9/22 with NAV 9.50, MktPrc 8.22
Analysis data (single opinion) shows 10star (out of 10star) with a total analysis scoring of +353 (need >+267), Risk factor (Rf) +0.354 (need >+0.245)
CLM (>24.8%) "Trading situation for both div & CapGain"
RO completed 6/10 @ 8.27, closed 8.07
Current dividend $0.1808/month ($2.1696/Yr)
Latest x-div info 7/13, 8/15, 9/15: Pay 7/29, 8/31, 9/30
Dividend is established every "OCTOBER" of each year based on NAV on the last business day of October (for a 1-year period going forward)
Currently 7/9/22 with NAV 7.66, MktPrc 8.75 (usually trades with very high premium) ... MktPrc increasing from the recent completion of RO
Analysis data (single opinion) shows 5star (out of 10star) with a total analysis scoring of +145 (need >+267), Risk factor (Rf) +0.057 (need >+0.245)
Live Long and Prosper....
|
|
|
|
Post by xray on Jul 17, 2022 22:45:23 GMT
My:
- Looking at my current data (sole opinion of course), 81% of investors are currently "BUYING" their "selective" undervalued securities. MktPrc's are down substantially (some more than others) and this appears a very good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
-Appears many are on a buying spree in their selective securities yesterday (as indicated by current data). Several of my securities are showing insider buy's including "stock grants" (good sign). We should all "TAKE NOTE" of what the insiders are "PAYING" in their MktBuyPrc's for their recent purchases as we -ALWAYS" want to get under those MktPrc's....
-Add to this, that any buybacks by the security themselves indicates that their dividend should be much safer than others (reduction of shares that would normally have to have their dividends paid out to)....
----------
Looking at my current data (sole opinion of course), 71.5% of investors are continuing to "BUY" their "selective" undervalued securities. MktPrc's are down substantially (some more than others) and this appears to be a good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
Live Long and Prosper....
|
|
|
|
Post by uncleharley on Jul 17, 2022 22:56:17 GMT
I would be very selective at this point, but I cannot disagree with your analysis. I would like to see some stability in the Forex markets before I plunge in.
|
|
|
|
Post by ECE Prof on Jul 17, 2022 23:52:43 GMT
I posted some charts here in the other forum.
Look at the cash flow index and steep slope. People are pouring money into the market in the recent weeks. Look at the MACD too. FD likes these charts. It could be a bear market rally, too. When the MA turns up, I will be convinced. Not yet. But, I am a buyer every month, including some last Friday.
|
|
|
|
Post by uncleharley on Jul 20, 2022 13:54:27 GMT
The trading pattern for the price for PDI shows that it is moving up from a short term higher low. The chart for the NAV indicates that the NAV has moved up very recently. Is there any fundamental reason to think that PDI & others have bottomed and have more potential for an upswing rather than further declines in price?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jul 20, 2022 14:40:35 GMT
The trading pattern for the price for PDI shows that it is moving up from a short term higher low. The chart for the NAV indicates that the NAV has moved up very recently. Is there any fundamental reason to think that PDI & others have bottomed and have more potential for an upswing rather than further declines in price? Next week's FED decision will be influential on their trajectory. .75 vs 1.00 is one factor, I would imagine. |
|
|
|
Post by richardsok on Jul 20, 2022 15:53:07 GMT
The trading pattern for the price for PDI shows that it is moving up from a short term higher low. The chart for the NAV indicates that the NAV has moved up very recently. Is there any fundamental reason to think that PDI & others have bottomed and have more potential for an upswing rather than further declines in price? Next week's FED decision will be influential on their trajectory. .75 vs 1.00 is one factor, I would imagine. I would imagine that the market cannot ignore the continued accumulation of UNII indefinitely. To my mind a more pertinent question is if there is a fundamental reason for some of t he Pimco ponies to have fallen so low while earnings and over-coverage have been so robust? Though income from investments are very clear, it seems to be difficult for investors to decipher just how Pimco CEF operations work. Thankfully, with the clarity of their monthly reports, investors can easily keep track by simply comparing the present month's UNII with the previous months' . Pimco is at the head of its class for reporting. |
|
|
|
Post by uncleharley on Jul 20, 2022 16:42:24 GMT
I would imagine that the market cannot ignore the continued accumulation of UNII indefinitely. To my mind a more pertinent question is if there is a fundamental reason for some of t he Pimco ponies to have fallen so low while earnings and over-coverage have been so robust? Though income from investments are very clear, it seems to be difficult for investors to decipher just how Pimco CEF operations work. Thankfully, with the clarity of their monthly reports, investors can easily keep track by simply comparing the present month's UNII with the previous months' . Pimco is at the head of its class for reporting. I am also thinking that because of the decline in existing home sales, mortgage rates may be near their top, making future MBS more attrective and in turn making many PIMCO CEFs attractive at current prices. I know, that's a lot of fuzzy logic, but it might be true. |
|
|
|
Post by ECE Prof on Jul 20, 2022 16:56:20 GMT
On PDI, it does not matter if it goes up or down. It is very attractive from the two numbers—payout and UNII currently. I do not care how PIMCO makes money. Daniel J. Ivascyn, Joshua Anderson, and Alfred T. Murata have been doing an exceptional job as far as I know during the past 4 years— in spite of several ups and downs. In fact, I could have taken 10% gain last year at this time from PCI. I knew that, if I sell, I may end up spending more money for the same number of shares, while missing the income also. It was not worth. I only buy, never sell. You can check the long term charts from CEFdata.com. I have been minting money from PIMCO since 2018, no matter if the price of PCI (then) and PDI (now) go up or down.
|
|
|
|
Post by xray on Jul 20, 2022 19:00:32 GMT
My:
Three reviews worth looking at (going forward):
UPDATED
HGLB (>10%)
Increased their dividend to $0.81/month ($0.96/Yr) on 4/4/22
Crash data 6/14/22 with NAV 12.32, MktPrc 9.81; currently 7/9/22 with NAV 12.17, MktPrc 9.79
Latest x-div info 7/21, 8/23, 9/22: Pay 7/29, 8/31, 9/30
8.5% yearly div policy
Dividend is established every "December 31st" of each year based on NAV on the last 5 business days of December (for a 1-year period going forward)
Analysis data (single opinion) shows 9star (out of 10star) with a total analysis scoring of +362 (need >+267), Risk factor (Rf) +0.228 (need >+0.245)
KYN (>9.5%)
Increased their dividend to $0.175/month ($0.70/Yr) in June 2021
Increased dividend again to $0.20/month ($0.80/Yr) in April 2022
Crash data 6/14/22 with NAV 10.34, MktPrc 8.99; currently 7/9/22 with NAV 9.50, MktPrc 8.22
Analysis data (single opinion) shows 10star (out of 10star) with a total analysis scoring of +353 (need >+267), Risk factor (Rf) +0.354 (need >+0.245)
CLM (>24.8%) "Trading situation for both div & CapGain"
RO completed 6/10 @ 8.27, closed 8.07
Current dividend $0.1808/month ($2.1696/Yr)
Latest x-div info 7/13, 8/15, 9/15: Pay 7/29, 8/31, 9/30
Dividend is established every "OCTOBER" of each year based on NAV on the last business day of October (for a 1-year period going forward)
Currently 7/9/22 with NAV 7.66, MktPrc 8.75 (usually trades with very high premium) ... MktPrc increasing from the recent completion of RO
Analysis data (single opinion) shows 5star (out of 10star) with a total analysis scoring of +145 (need >+267), Risk factor (Rf) +0.057 (need >+0.245)
----------
HGLB
7/9/22 with NAV 12.17, MktPrc 9.79. ... Now on 7/20 with NAV 12.26, MktPrc 10.07
KYN
7/9/22 with NAV 9.50, MktPrc 8.22 ... Now on 7/20 with NAV 9.82, MktPrc 8.61
CLM
7/9/22 with NAV 7.66, MktPrc 8.75 ... Now on 7/20 NAV n/a - weekly reporting, MktPrc 9.19
We must keep in mind that even though we are dealing with HIGH RISK penny stocks (less than $10), we can buy a lot more of shares and the CapGains can be very substantial (when compared to any security of $20 or greater as to the number of shares we might currently be buying or what is in our portfolio's)....
Worth repeating: Penny stocks are "NOT" for everyone and very careful analysis (and investigation) must be completed. In addition, we must always be aware that penny stocks can go to "$0" on any bad news. Also, when interested in "ANY" penny stock, the investor "suggesting" a buy is a "SINGLE OPINION" and FWIW....
Live Long and Prosper....
|
|
|
|
Post by xray on Jul 22, 2022 20:30:06 GMT
Green Plains Partners Increases Quarterly Distribution Green Plains Partners LP Thu, July 21, 2022, 4:15 PM GPP +1.26% OMAHA, Neb., July 21, 2022 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ: GPP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.45 per unit on all of its outstanding common units for the second quarter of 2022, or $1.80 per unit on an annualized basis. The increase over the previous quarterly distribution of $0.445 per unit is the fourth consecutive increase. The distribution is payable on August 12, 2022, to unitholders of record at the close of business on August 5, 2022. This release serves as a qualified notice to nominees under Treasury Regulation Section 1.1446-4(b). Please note that 100% of Green Plains Partners’ distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Accordingly, all of the partnership’s distributions to foreign investors are subject to U.S. federal income tax withholding at the highest effective tax rate. About Green Plains Partners LP Green Plains Partners LP (NASDAQ: GPP) is a fee-based Delaware limited partnership formed by Green Plains Inc. to provide fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage terminals, transportation assets and other related assets and businesses. For more information about Green Plains Partners, visit www.greenplainspartners.com---------- Comment (single opinion analysis): GPP is a 9star security with a power rating of 84. Their Rf (risk factor for holding in current portfolio's) is currently +0.270 (needs to be >+0.245).... Dividend had been raised from $0.12 to $0.435 on 11/4/21, raised again to $0.44 on Feb 3, raised again to .445 on 5/5 before this current announcement.... Live Long and Prosper.... |
|
|
|
Post by xray on Jul 24, 2022 19:46:19 GMT
My:
Looking at my current data (sole opinion of course), 71.5% of investors are continuing to "BUY" their "selective" undervalued securities. MktPrc's are down substantially (some more than others) and this appears to be a good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
----------
Looking at my current data (sole opinion of course), we had a jump to 83%% of investors that are continuing to "BUY" their "selective" undervalued securities. MktPrc's are down substantially (some more than others) and this appears to be a good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
Live Long and Prosper....
|
|
|
|
Post by xray on Jul 26, 2022 22:28:02 GMT
Tue, July 26, 2022, 8:30 AM GLP+3.19% WALTHAM, Mass., July 26, 2022--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.6050 per unit ($2.42 per unit on an annualized basis) on all of its outstanding common units for the period from April 1 to June 30, 2022. The distribution will be paid August 12, 2022 to unitholders of record as of the close of business on August 8, 2022.Non-U.S. Withholding Information This press release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100%) of GLP’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. About Global Partners LP With approximately 1,700 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol "GLP." For additional information, visit www.globalp.com---------- Comment: Dividend has been increased from $1.78 to $2.42/Yr. GLP (single opinion) in my analysis is currently 9star, with a +344 total analysis scoring (need >+267) with a Rf (risk factor to portfolio's) of +0.852 (needs >+245).... Live Long and Prosper.... |
|
|
|
Post by xray on Jul 29, 2022 15:46:27 GMT
GPP
Reference: Insider buying activity:
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction Volume or Value Price
Jul 5/22 Jul 1/22 Killinger Clayton E Direct Ownership Common Units A - Grant, award or other under Rule 16b-3(d) Footnote and/or Remark 6,569 $12.18
Jul 5/22 Jul 1/22 Riley Brett C Direct Ownership Common Units A - Grant, award or other under Rule 16b-3(d) Footnote and/or Remark 6,569 $12.18
Jul 5/22 Jul 1/22 Peters Jerry L Direct Ownership Common Units A - Grant, award or other under Rule 16b-3(d) Footnote and/or Remark 6,569 $12.18
..........
Live Long and Prosper....
|
|
|
|
Post by xray on Jul 31, 2022 19:35:08 GMT
My:
Looking at my current data (sole opinion of course), we had a further increase to the upside to 83%% of investors that are continuing to "BUY" their "selective" undervalued securities. MktPrc's are down substantially (some more than others) and this appears to be a good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
----------
Looking at my current data (sole opinion of course), that we had a further increase (in buying activity) that showed we have increased our upside growth to 96%% of investors that are continuing to "BUY" their "selective" undervalued securities. There were some big "jumps" in both NAV and MktPrc's this past week and many undervalued securities in our portfolio's have had their dividends (because of the MktPrc increases) "decrease to <9%" further indicating that some income investors are returning to the market (again IMHO)....
MktPrc's are down substantially (some more than others) and this continues to appear that this remains a good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
Live Long and Prosper....
|
|
|
|
Post by xray on Aug 7, 2022 20:54:43 GMT
My:
Looking at my current data (sole opinion of course), that we had a further increase (in buying activity) that showed we have increased our upside growth to 96% of investors that are continuing to "BUY" their "selective" undervalued securities. There were some big "jumps" in both NAV and MktPrc's this past week and many undervalued securities in our portfolio's have had their dividends (because of the MktPrc increases) "decrease to <9%" further indicating that some income investors are returning to the market (again IMHO)....
MktPrc's are down substantially (some more than others) and this continues to appear that this remains a good time to use "some" of any cash buildup. We have to keep in mind that some of the current MktPrc's may never be repeated (going forward)....
__________
Appears many CEF's are averaging 6-10% increases in MktPrc's within the last 30 days (some investors selling (then buying back) some blocks for the CapGains) and continuing to drive the previous dividends and distributions lower because of the rising MktPrc's. With that said....
Data shows a "mixed" market (upside growth by analysis now shown as 50%) with buying/selling continuing (mainly by "traders") with many "current" out of favor securities continuing to go lower. Looking back 30days (examples) AFCG is up 10%, LGI 8%, AVK 6%, CLM 7% and ACP 6%. However, always however's, the book values and NAV's (in some cases) are a completely different story and investors should be cautious with any additional buying....
Live Long and Prosper....
|
|
|
|
Post by uncleharley on Aug 8, 2022 19:51:14 GMT
In case anyone missed it, a member of PIMCOs executive committee recently purchased about $100k worth of shares in PDO
|
|
|
|
Post by richardsok on Aug 8, 2022 21:46:57 GMT
In case anyone missed it, a member of PIMCOs executive committee recently purchased about $100k worth of shares in PDO Thank you for the heads up, harley. That looks like Julie Meggers who bought 6500sh at 15.42. Evidently the same lass also bought 13,000 sh back in march for 16.76 and a lot of others bought shares around 18 & 19 last year. Looks like Julie's the only one averaging down. I'm on the fence whether to return to my big over-allocations. If a bunch more insiders crowded in at this level it would make my decision a lot easier. |
|
|
|
Post by Fearchar on Aug 8, 2022 23:54:28 GMT
richardsok, Would you mind sharing what level you consider as an over allocation; percentage wise? Personally, I'd consider 15% to be over allocated, but that's just me. Thank-you
|
|
|
|
Post by FD1000 on Aug 9, 2022 15:59:31 GMT
richardsok, Would you mind sharing what level you consider as an over allocation; percentage wise? Personally, I'd consider 15% to be over allocated, but that's just me. Thank-you Up to 70-80% sounds good to me if it's in a wide range ETF/fund. Buffet has over 40% in Apple and why he says diversification is protection against ignorance. |
|
|
|
Post by richardsok on Aug 10, 2022 1:59:25 GMT
richardsok , Would you mind sharing what level you consider as an over allocation; percentage wise? Personally, I'd consider 15% to be over allocated, but that's just me. Thank-you Fearless-- At the max I was at 60% in PDO, PDI PAXS with lesser amounts in NRGX and PTY. Had a very nice little run which covered for a couple of blunders earlier in the year, and putting me back in the black for 2022. Now I'm at 25% +/-. I haven't given up on them yet and may well return. Coverage numbers should be out late next week. My impression was that PDO investment earnings slipped a bit from super strong to merely quite strong -- but one month tells us very little. I want to see EITHER a return to super strong coverage or new highs in the fund price (we're just pennies away) and I can return with a vengeance. otoh -- am not married to any of these funds. Am determined not to give my gains back and will drop remaining positions like a hot horseshoe should either coverages or prices erode. Evidently no patience in my old age. FWIW. |
|
|
|
Post by retiredat48 on Aug 10, 2022 2:53:38 GMT
richardsok , Would you mind sharing what level you consider as an over allocation; percentage wise? Personally, I'd consider 15% to be over allocated, but that's just me. Thank-you Up to 70-80% sounds good to me if it's in a wide range ETF/fund. Buffet has over 40% in Apple and why he says diversification is protection against ignorance. Yes, but..... Yes, but Buffett did not accumulate this Apple position overnight. It is usually over years...buying more and more buckets, and reinvesting dividends. Like, witness his accumulation of Oxy Pete underway....being accumulated monthly. He likes to pyramid-up. He successfully bought IBM that way, to huge gains, but then made the classic mistake of averaging down IBM purchases over several years. Later, Buffett said it was his biggest mistake. R48 |
|
|
|
Post by FD1000 on Aug 10, 2022 4:01:56 GMT
Up to 70-80% sounds good to me if it's in a wide range ETF/fund. Buffet has over 40% in Apple and why he says diversification is protection against ignorance. Yes, but..... Yes, but Buffett did not accumulate this Apple position overnight. It is usually over years...buying more and more buckets, and reinvesting dividends. Like, witness his accumulation of Oxy Pete underway....being accumulated monthly. He likes to pyramid-up. He successfully bought IBM that way, to huge gains, but then made the classic mistake of averaging down IBM purchases over several years. Later, Buffett said it was his biggest mistake. R48 Yes, but... The fact is, Buffett has over 40% in Apple, regardless  Now, the bucket thing has nothing to do with the above or diversification. I'm not sure why Buffett decide to buy once or several times. I doubt he thinks about buckets, I'm sure he spends more time buying/selling according to valuation and his own criteria, or maybe he doesn't want to influence the price in other times. In fact, he bought in the past the whole company or a big chunk of it. This ( one) was a big story in Israel in 2006. In Mar 21 2022, Warren Buffett paid $11.6 billion for a company run by his ‘long-time friend’.( link) |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 10, 2022 10:55:06 GMT
Yes, but..... Yes, but Buffett did not accumulate this Apple position overnight. It is usually over years...buying more and more buckets, and reinvesting dividends. Like, witness his accumulation of Oxy Pete underway....being accumulated monthly. He likes to pyramid-up. He successfully bought IBM that way, to huge gains, but then made the classic mistake of averaging down IBM purchases over several years. Later, Buffett said it was his biggest mistake. R48 Yes, but... The fact is, Buffett has over 40% in Apple, regardless Now, the bucket thing has nothing to do with the above or diversification. I'm not sure why Buffett decide to buy once or several times. I doubt he thinks about buckets, I'm sure he spends more time buying/selling according to valuation and his own criteria, or maybe he doesn't want to influence the price in other times. In fact, he bought in the past the whole company or a big chunk of it. This ( one) was a big story in Israel in 2006. In Mar 21 2022, Warren Buffett paid $11.6 billion for a company run by his ‘long-time friend’.( link) Mr. Buffett has 40% of what in Apple? Total assets of Berkshire were over 900B at the end of the first quarter. I think that makes Apple less than 20% or so of the value of the company. Berkshire is more than an equity portfolio and any discussion of diversification should include all assets. 10% of my net worth is in Apple. I ain't no Buffett. We have hammered it out before - if you don't diversify, you better be doing some intense research to support ability to realize returns given the level of risk taken on. The efficient frontier still holds no matter who you are. Really doesn't address Fearchar's question/though. Richardsok at 60% - portfolio or net worth? - is likely taking on more risk - I assume well researched - to get a given return - good or bad. I also assume that is the best choice for his portfolio, if he is rational, given the available investments at the same risk level. X-ray is spot on - there continues to be value in this market - maybe good value. I am watching BRK.B and if it gets in the 280 range, I am starting a position. I have nothing left to trim - have thought about selling some AAPL for the BRK.B investment instead of putting even more risk in companies I already own. Good times for investors. |
|
|
|
Post by mnfish on Aug 10, 2022 11:15:51 GMT
FWIW - 25% of my portfolio (4 accts) is in APPL which I acquired in 2012-13 by averaging down. I have sold bits of it numerous times since but because the largest holding is in a taxable acct I am obviously hesitant to bring it down to 10%. It provides my (edit) 2nd largest annual dividend. The stock splits in recent years are the main reason for the large position.
|
|
|
|
Post by FD1000 on Aug 10, 2022 12:21:36 GMT
Yes, but... The fact is, Buffett has over 40% in Apple, regardless Now, the bucket thing has nothing to do with the above or diversification. I'm not sure why Buffett decide to buy once or several times. I doubt he thinks about buckets, I'm sure he spends more time buying/selling according to valuation and his own criteria, or maybe he doesn't want to influence the price in other times. In fact, he bought in the past the whole company or a big chunk of it. This ( one) was a big story in Israel in 2006. In Mar 21 2022, Warren Buffett paid $11.6 billion for a company run by his ‘long-time friend’.( link) Mr. Buffett has 40% of what in Apple? Total assets of Berkshire were over 900B at the end of the first quarter. I think that makes Apple less than 20% or so of the value of the company. Berkshire is more than an equity portfolio and any discussion of diversification should include all assets. 10% of my net worth is in Apple. I ain't no Buffett. We have hammered it out before - if you don't diversify, you better be doing some intense research to support ability to realize returns given the level of risk taken on. The efficient frontier still holds no matter who you are. Really doesn't address Fearchar's question/though. Richardsok at 60% - portfolio or net worth? - is likely taking on more risk - I assume well researched - to get a given return - good or bad. I also assume that is the best choice for his portfolio, if he is rational, given the available investments at the same risk level. X-ray is spot on - there continues to be value in this market - maybe good value. I am watching BRK.B and if it gets in the 280 range, I am starting a position. I have nothing left to trim - have thought about selling some AAPL for the BRK.B investment instead of putting even more risk in companies I already own. Good times for investors. ( link) "These are the publicly-traded U.S. stocks owned by Warren Buffett’s holding company Berkshire Hathaway". Buffett has 40+% of the above in Apple. Over the years, Buffett also said, that his best idea for investors is to use the SP500 for stocks. Basically, Buffett gave you 2 great choices: one global diversified very cheap index fund...or...if you know what you are doing, buy the best companies and DO NOT diversified. We also know about Bogle, the founder of VG and the index funds, who preached about investing in 2-3 funds.
Looks to me, most should take advice from these 2 giants. This is exactly how I started my system. I used to own best 5 risk/reward wider range funds and after about 20 years, changed it to 2-3 funds. Lastly, I didn't post anything about your style, just generic investing ideas, you are welcome to own 30 stocks + 20 funds and trade every week/month. |
|
|
|
Post by retiredat48 on Aug 10, 2022 14:21:42 GMT
FWIW - 25% of my portfolio (4 accts) is in APPL which I acquired in 2012-13 by averaging down. I have sold bits of it numerous times since but because the largest holding is in a taxable acct I am obviously hesitant to bring it down to 10%. It provides my largest annual dividend. The stock splits in recent years are the main reason for the large position. Hi... And many, many of my fellow GE employees averaged down...and down...and down...to where they hardly have any real money left to live on! That's what single stock ownership can do. Congrats on your AAPL. But an investor doesn't need a single stock to hit a homerun, to achieve success. Like, FSPTX Fidelitry Select Technology Fund, accumulated since fund inception, is my largest holding. Never sold any. Partly enabled me to retire early. I suspect owning the S&P500 index, going forward, will provide the same good outcome in the long run. R48 |
|
|
|
Post by mnfish on Aug 11, 2022 11:33:19 GMT
retiredat48, "Like, FSPTX Fidelitry Select Technology Fund, accumulated since fund inception, is my largest holding. Never sold any. Partly enabled me to retire early." If you never sold any and it hardly paid any divvys over the years what could it possibly have to do with retiring early? I'm not smart enough to have ever bought anything at "inception" but my second largest position is ORCL which I purchased in 1995. Yahoo says it's up 3,400% since. I have twice given 100sh to churches I have attended so I'm only up about 2,200%. When I first bought AAPL it was equal to 5% of my total portfolio although the position in my taxable acct equaled 7.5% because I had more cash in that acct. It was in the middle of a 38% decline in price so I made 3 buys ($550, $500, $450) just the opposite of the much-heralded "pyramid up" you are famous for. As far as over allocation, you have mentioned your daughter has 86% of her portfolio in FSPTX and bear in mind that the fund has 25% of holdings in 2 stocks. MSFT and AAPL.
|
|
