Boiler Room: The Official Stock Market Discussion
AldavisAlbundyAllah!
All Star
Would you close today if it dropped to a certain number ? If so what number range ?
Pelosi bout to help this POS Trump prop up the market. McConnell would not do the same for Obama.
This is why a solid dividend portfolio is a must right now. Get paid while everything is on sale. I just got paid a high yield dividend (the ones I was telling yaw about) even though we in the middle of a Virus scare. That's why I'm God Tier at this.
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Yahoo is now a part of Verizon Media
Ford Dividend Cut Seen Likely to Save Cash From Virus Crunch
(Bloomberg) -- Ford Motor Co. probably will be forced to cut its dividend to conserve cash through months of pain brought about by the coronavirus, analysts at RBC Capital Markets said.
The viral illness that initially looked like an issue for auto supply chains in China is now a pandemic threatening vehicle demand around the globe, Joseph Spak, who rates Ford shares the equivalent of a hold, wrote Thursday. Industry sales have cratered in China and could fall by as much as half in the U.S. and parts of Europe for several months, he estimated.
In listing the “burning questions” clients are asking, the first on Spak’s list was whether Ford will cut its 15-cent dividend. “We believe they will,” he wrote in his report. “Before Covid-19, we would have put even odds on a 2021 cut. That now looks to be accelerated into this year.”
murksiderock
Superstar
What is a dividend portfolio and how do I get that?
Go watch his videos.
Believe me, you gonna have a million questions for us.
I once was you in here back in like 2012
Dividend stocks are stocks that pay you to own them. Usually every quarter (3 months) but some pay you once every 6 months, once a year, and if you're lucky, there are some that pay you every month (my favorite). Usually the percentage yield is low (like 2.5 percent or some shyt like that). That means you'll make 2.5 percent of your money back by the end of that year. For example you buy a stock for 10 dollars a share with a 10% yield, that means you make 1 dollar at the end of the year. With all the stocks dropping like rocks, all the yields are high as fukk. And if you God Tier like me, you'll find a stable one that still pays you through the recession. I recommend if you're a beginner to buy F (Ford) stock. They are 10% yield right now and the stock is only 5.50-6 dollars a share. Plus they are stable, the government won't let them die off so you're good.
Payments from a company for holding their stock either quarterly, semi-annually, or monthly are called dividends. Yield is the percentage you get back vs the stock price. Right now a share of AT&T cost about $33 and the dividend they pay for it is about $2 a year so about a 6 and a half % yield on cost.
The hubris
. Hope you're right
F is a very questionable investment if you're buying for the dividend. They have a lot of debt and in prolonged economic turbulence they'll cut that dividend which they've done before and all hell will break loose on the stock. It could go to being a penny stock. Hell at these levels it could end up getting delisted if the dividend gets cut. The only reason most people own Ford is that dividend.
Yeah the government might save it you you'll probably lose all the money you invested in it.
My cost basis on F is $1064. It's selling for $643 on all my shares. I annually get paid $72 from them. That means if Ford's stock never recovers and stays at these levels it will take me 6 years of collecting dividends from them to break even on the cost basis alone and I will have lost money until then. If the dividend is reduced or eliminated like GE I'll never recover my cost basis.
You can sell if you so choose and buy MCD instead for 36 dollars a year. I'mma ride this shyt out, I'm not concerned. When F was 10 dollars a share yaw was hating. Just admit that you scared. I'm good over here. Even if they cut it in half I'm still eating.
ahomeplateslugger
Superstar
i have disney and apple puts and i think disney will test $80 and then test $60 if it drops past $80 so i'm disney for a couple of weeks. Apple i think will drop down to $220 so will hold on for a couple of weeks as well.
ahomeplateslugger
Superstar
UBER hit all time lows now. it's going to test $19 and if it doesn't hold will drop below $18. i'm gonna keep a close eye on this and load up if it drops to low-teens.