Stock Portfolios V2

[ElKarlo]

Oknsorry. Yeah I am looking to do that next year. Maxed out my Roth contributions this year. I think it's worth the troble. Esp with the dig taxes that you'll have to pay on REITs and MLPs. And I own a lot, but all in my Roth. But I could use the IRA's funds in my Roth for sure

 

[MASShole]

I'm going to start two new positions when I do my rollover of my 401k: V and GSK. V is a future div champion and GSK right near it's 52 week min, with a high div of 5.5%. I don't see GSK going anywhere, and V is skyrocketing now.

I'll make partial contributions to those, and then fill in some others, like AAPL, CHD, and KMI.



Each year I'll be doing about $4k in Roth conversions so I can minimize the tax hit. My JNJ and CHD one already went through and they're showing up in my Roth instead of my Rollover IRA. The way my career is going I may not be able to contribute to a Roth much longer so I might have to do the silly non-deductible-to-Roth conversion annually unfortunately.

 

[Phelly2]

Anyone have experience w/ penny stocks?

I know it is a huge gamble and someone should be really good at speculation --my weakness-- before hand.

The only penny stocks I've found success with were the marijuana stocks when they were blowing up.

Aside from that, I find them far too risky for my taste. It's not so much the large percentage swings that get me, it's the low liquidity and huge spreads. It's so hard to get out of a penny stock that's going against you.

I might trade them again when there is another fad, such as the marijuana thing, but for the most part I avoid them.

 

[youandme]

My best day trade ever yesterday.

I made $250 after commissions and everything, owning a stock for 5 hours.

 

[MASShole]

My best day trade ever yesterday.

I made $250 after commissions and everything, owning a stock for 5 hours.

In?

 

[youandme]

In?

McEwen Mining on the Toronto Stock exchange.

I was pretty lucky, but sweet action.

 

[MASShole]

Rolling over my 401k into my Roth and Trad IRAs soon, and I can't decide on what to do with the money in my Roth.

I'm going to put about 70% of it into GSK (they've been beaten down this year with the China nonsense, but have a high yield, and some awesome drugs in the pipeline). The remaining 30% I am unsure of what to do with. I was thinking of adding it to my AAPL position, but they just had a 5% bump, and if I do add to that I'd have to do it before the iPhone 6 announcement. Otherwise, I'm thinking of adding to CHD or UL to get those up to a respectable level (>$500), or just fill out my position in O or GIS and make those nearly a fully position.

 

[ElKarlo]

I don't know much about bio-tech. Go with CHD for growth, or UL for stability. Not sure which one your portfolio needs more right now

 

[Blood Python]

Tesla killing it. Expecting a million cars in production yearly by 2025.

kicking myself for not buying that months ago

 

[iGnP]

Hey guys, first time in this thread. I want to learn about the stock market and how to interpret graphs and figures to get involved with stocks. Does anyone have any advice to how to get started or what books to read? Any advice is greatly appreciated!

 

[ElKarlo]

kicking myself for not buying that months ago

2025 is so far away, that a company can't make realistic plans for it. Tesla is a good company, but too much of it's valuation is simply momentum. Profits need to catch up to the price, for a good while.

Tesla is 100% electric, which may not be the future. Could be Hydrogen, or LNG for all we know. Which makes Tesla very dangerous in that regard. Not too mention battery/Lithium prices could get out of hand if they are making 1M cars a year

 

[MASShole]

Hey guys, first time in this thread. I want to learn about the stock market and how to interpret graphs and figures to get involved with stocks. Does anyone have any advice to how to get started or what books to read? Any advice is greatly appreciated!

There are multiple recommendations already in this thread.

 

[MASShole]

I had $10k in VB, and initiated a sell for 45 shares (~$5100 or so) so I could buy V and IBM (10 shares each), and add to my KO and HCP positions (~$500 each). When my rollover hits this week I don't know what to do with it. I think I might start a position in Williams-Sonoma and add to other small positions with the rest.

Still buying GSK in my Roth, and will add to another position there as discussed previously.

 

[ElKarlo]

Tim Horton's and BK being merged is interesting. Though I wouldn't touch it. Not a lot of benefits to merging them together imho. Wendy's bought and then spun TH off, it just didn't add anything to it. BK is going to get, what, coffee out of the deal, and that is it

 

[MASShole]

Tim Horton's and BK being merged is interesting. Though I wouldn't touch it. Not a lot of benefits to merging them together imho. Wendy's bought and then spun TH off, it just didn't add anything to it. BK is going to get, what, coffee out of the deal, and that is it

Tax savings via inversion too, which affects the bottom line, hopefully increasing shareholder value.

BK may be able to sway more people to have their coffee if it's TimHo's.

 

[ElKarlo]

Tax savings via inversion too, which affects the bottom line, hopefully increasing shareholder value.

BK may be able to sway more people to have their coffee if it's TimHo's.

But BK paid $89m in taxes last year. Their overseas profits are tiny. Not a big benefit here.

The coffee may help ala mccafe for McDonalds

 

[MASShole]

But BK paid $89m in taxes last year. Their overseas profits are tiny. Not a big benefit here.

The coffee may help ala mccafe for McDonalds

It's not about overseas vs US right now. It's about the US having the highest corp tax rates in the world. By moving their HQ to Canada, they'll save a lot of that $89M instead of paying it to the government.

 

[ElKarlo]

It's not about overseas vs US right now. It's about the US having the highest corp tax rates in the world. By moving their HQ to Canada, they'll save a lot of that $89M instead of paying it to the government.

But only on non US earned profits. Which for BK is little. BK will still pay us corp tax on their us rev. Silly a lot of flak for little gai imho

 

[MASShole]

Rollover stocks purchased: WSM (Traditional), GSK (Roth) for full secondary positions, added the remainder to AAPL (Roth) and KMI (Traditional).

Almost all my Traditional positions are full, with the lone exception of ABBV being at $1100 or so. I'm really not sure what to do with that one, but I'll just let it ride and see where it goes - so far I've gained about $100 on it.

Slowly adding to UL every few weeks in my Roth. In about 2 months I'll probably switch to adding to CHD until the end of the year, and then I'll determine another stock to add to most likely.

I'm now up to 24 div growth positions, with an avg yield of 3.22% and avg growth of 10.6%. With 30 years until retirement, if I can keep that up I'll be a millionaire on these investments alone. Over the past few months my current yield has gone down almost 1%, but my growth has gone up 1%. With my timeline I am not worried about that at all. I've added CHD, V, IBM, WSM, and AAPL, which all have low starting yields, but seemingly will become dividend stalwarts by the time I retire.

 

[ElKarlo]

That seems to be the way to be able to retire. DGI is the way to go, and being able to throw a K or 2 into your account every year makes it more possible. I do worry a bit about T and V, I think that the cell phone providers are i for a bit of a shake up in the nearish future. But overall they should be fine.

The other thing is, there are so many good stocks out there, you really can't get a position in all of them.