Domingo Halliburton
Handmade in USA
The economy isn't bad. Good by a lot of measures. Are we really going to be at 1.8% on the 2 year, barely above 2% on the 10 year and say, "interest rates aren't low enough?"
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Boiler Room: The Official Stock Market Discussion
The economy isn't bad. Good by a lot of measures. Are we really going to be at 1.8% on the 2 year, barely above 2% on the 10 year and say, "interest rates aren't low enough?"
My strategy is to invest for dividends. I only hold a single stock that doesn't pay dividends right now (Uber). If the market crashes it doesn't really matter to me because as long as companies like McDonald's, Apple, Intel, and Coca-Cola keep paying their dividends I'm achieving my goals. I plan to hold all these companies for more than likely the rest of my life so the capital appreciation can go up and down and since I don't plan to sell that's not a factor.
Hell the market crashing means I can but in at cheaper prices and raise my yield on cost.
What stocks do you own right now?
Apple
Disney
Intel
Exxon Mobile
Microsoft
McDonalds
Untied Technologies
Abbvie
Verizon
AT&T
Nike
Bank of America
Uber
Coca-Cola
Ford
I also own VOO the Vanguard S&P500 ETF and Uber. I don’t own a lot of VOO but I buy $100 of it every week minimum. I forgot I own like $100 of a share of Google. I toss whatever spare change I have left at it from my SoFi account so I don’t just have money sitting. They do partial shares of all the companies I own except UTX and MCD.
As you can see I own a lot of Dow stocks.
I completely agree. I no longer focus on the sayings of others because their opinions caused me to lose money. I primarily focus on dividend aristocrats and strong companies paying dividends. I also participate in Drip programs to reinvest the dividends. Like you my focus is beyond my lifetime, so I just keep consistently buying and growing. I also plan on teaching my seeds this philosophy so they can continue their wealth building. This is about creating an empire and that does not happen overnight. It happens brick by brick.
Cash dividends, but I participate in a dividend reinvestment program (drip), which takes the cash from the dividend payments and automatically reinvests it to purchase more stock in the company.
ahomeplateslugger
Superstar
if i had to guess, the market downturn will happen around late 2020s. i just hope it's not gonna hurt my company to the point ppl are getting laid off, and me being one of them
gold has been steadily going up the last couple of months. i'm thinking it's a good time to buy to prepare for the downturn
88m3
Fast Money & Foreign Objects
etf recommendations @Domingo Halliburton ?
Yes. Depending on what brokerage firm you use it just is an option of what to do with dividend payments. It’s either do nothing and get the cash or reinvest the cash back into the stock.
Not saying anything to anybody in here that is in the know, but to all others I say this, Automate the process. Whether it is automatic deductions from your check 401k, automatic deposits in your brokerage account, automated purchases of stocks, bitcoins or whatever, just automate. The less you have to think about it the better. Only thing I learned from getting older is time. Time. It just keeps flowing. While you worrying about right now time flows. While you looking back it flows. Automate so you don’t think about time, until the day you think about it and that steady trickle of change turned into an ocean of cash.
Domingo Halliburton
Handmade in USA
Well that's not the easiest question to answer. There's thousands of them and it depends on what youre trying to do. For long term retirement planning I've recommended vanguard index funds in here several times.