⚡DEADHEAD⚡
Footballguy
Done. Thanks Todem.
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Stock Thread (15 Viewers)
- Thread starter St. Louis Bob
- Start date
McBokonon
Footballguy
Was just curious. When I posted this 3 1/2 years ago, $PFE closed that day at $33.64. Today it closed at $26.13. Sometimes good companies stop being good.
Sand
Footballguy
I'd argue that PFE has never been good to investors. 1996 is past the statute of limitations for "good".
NajehHejan
Footballguy
So I almost bought SOXL at 15 but thought it might dip to 12-13 now I’ve sat on my arse and watched it rip to 30 in basically no time. It may go back to 80 but I just don’t know if I should admit defeat and just buy at 30 and hope for the best.
jwb
Footballguy
or $31.5... man this thing moves fast (both ways, unfortunately). I'll dip my toe in again (I bought at 15 and sold around 23 - I try not to hold this too long). From what I understand, lower rates are better for chipmakers, so going by where this was in a better rate environment is a worthwhile gamble.
General Malaise
Footballguy
My Fidelity accounts are up almost 40% for the year. For the last two years, they're up almost 4%.
lol...this is a good excerise.
YTD: +46%
2 Years: +18%
FreeBaGeL
Footballguy
Being up at all over a stretch where we raised interest rates by as much as we did to finally start to cool off this overheated inflating economy is pretty remarkable.
And then lets do the exercise over 5ish years.
Pretty sure most of the people in history would kill to have had the recent stretch we've had with the markets and assets in general.
And then lets do the exercise over 5ish years.
Pretty sure most of the people in history would kill to have had the recent stretch we've had with the markets and assets in general.
General Malaise
Footballguy
2020's covid crash tried the patience of a lot of us. I for one refused to open my portfolio for two weeks. When I did, I almost fainted. But patience, some adroit active investments and of course, a LOT of luck (looking at you, BEEM) helped turn the ship around.
kevzilla
Footballguy
Trimmed a little AMZN today, to finish refunding my checking account from the amount I transferred last year to double down. When that is returned, my taxable rainy-day fund will still be 20% larger than it was when I started. This also means BX is now my largest holding, so I managed to lose money today
JB Breakfast Club
Footballguy
+21% since I coat tailed a position in TTD. Still room to run or taking some profit before the next round of earnings?
dancingbones
Footballguy
Opened a small position today in CNHI to buy & hang onto for awhile.
Company is de-listing from Milan stock exchange & will be listed only on NYSE beginning 1/2/24 - was mentioned a couple of time's on a Barron's "Streetwise" podcast I listen to - including an interview with the CEO on 11/24.
www.barrons.com
Company is de-listing from Milan stock exchange & will be listed only on NYSE beginning 1/2/24 - was mentioned a couple of time's on a Barron's "Streetwise" podcast I listen to - including an interview with the CEO on 11/24.
Ag Stocks Are Down. This Farm-Equipment Maker Sees a Big Opportunity.
CNH Industrial has a long and complicated history. But it’s refocusing on investing in its tractors and combines as a wave of technology hits the farm.
www.barrons.com
I’ve owned it for a while. Had a lot more and wish I kept more of it. Did sell some closer to $100 as well, so that worked. My cost basis is $17 and I’m not planning to sell the rest for a bit.
St. Louis Bob
Footballguy
What a year! If every month was like November, I would be interviewing people to staff my yacht. 
General Malaise
Footballguy
What a year! If every month was like November, I would be interviewing people to staff my yacht.
I'll be your bosun any day of the week and twice on Sunday.
Capella
Footballguy
+18% for me. GB Todem.
ChiefD
Footballguy
I think I'm gonna hang onto it. The dividends are nice and I kinda wanna see this out a little more, especially if interests rates start easing and we maybe see some more house action the next 18 months or so.
Plus these people that bought during this last stretch of high rates will be refinancing in droves once things settle.
Sand
Footballguy
Didn't get in on that one because I had stuffed every nook and cranny I could find with XLU when Todem wrote about that. That is/was a great call. Up 13% and sheds 4% every year. I'll take utilities on sale every day. Bought more EXC, too.
Dude, c’mon
. I told you guys in this thread about TTD back in 2020. +340% on the shares I still own. Definitely one of the top picks I made when I started buying individual stocks.
McBokonon
Footballguy
Dude, c’mon
Seriously. It’s my 5th largest holding now, we talked about this one constantly (especially when SNAP reported and destroyed everything adtech quarter after quarter.)
Capella
Footballguy
Lol sorry. I am sure I missed it.Dude, c’mon
No worries, I was just messing with you although @McBokonon is right we always talked about it because every time SNAP blew up, it was one of the advertising companies that dropped too.Lol sorry. I am sure I missed it.Dude, c’mon
I think it’s always been my #2.Dude, c’mon
Seriously. It’s my 5th largest holding now, we talked about this one constantly (especially when SNAP reported and destroyed everything adtech quarter after quarter.)
I am hanging on as well. Thinking of keeping it very longterm as the housing market is very much in chaos. Thinking there will be continued see-saws though as I dont think the housing market is out of the woods quite yet, but once it does I expect UWMC to really take off. Plus the healthy dividends are nice. The see-saw dips may be times to add more IMO.
Todem
Footballguy
Great pick Stbugs!Dude, c’mon
SFBayDuck
Footballguy
First world problems but I have a bump in investable cash that just hit the account right as we sit here at ATHs. I know the math says to just dump it all in (time in the market beats timing the market) but I think for my mental state I’ll DCA in over 3-6 months.
It gives me a chance to reconsider investment approach as well. I’m leaning towards an ETF-based approach across different large/mid/small and growth/value funds, rebalancing 2-3 times a year. What large tech/magnificent 7 has done the past two years really has me thinking. They got hammered in 2022, so if rebalancing back into Large Growth you would have bought low going into the complete tear they’ve been on this year.
On the flip side, in a taxable account rebalancing seems like a way to have to pay taxes on the regular as you’re always selling the winners to buy more of the losers, locking in capital gains. So maybe that’s more of a tax-advantaged accounts game.
Any thoughts or resources to share on the topic?
It gives me a chance to reconsider investment approach as well. I’m leaning towards an ETF-based approach across different large/mid/small and growth/value funds, rebalancing 2-3 times a year. What large tech/magnificent 7 has done the past two years really has me thinking. They got hammered in 2022, so if rebalancing back into Large Growth you would have bought low going into the complete tear they’ve been on this year.
On the flip side, in a taxable account rebalancing seems like a way to have to pay taxes on the regular as you’re always selling the winners to buy more of the losers, locking in capital gains. So maybe that’s more of a tax-advantaged accounts game.
Any thoughts or resources to share on the topic?
General Malaise
Footballguy
Not sure. Looking around now to find out if there's a catalyst. Holy air pocket, Batman.
The General
Footballguy
When it goes…it goes fast!
WTH? I have to do some work and come back to wiping out the past few days of green in a few minutes.
SFBayDuck
Footballguy
Figured this afternoon's dip was a good time to start, equal amounts of Large/mid/small growth and value funds, so 6 total positions with about 1/3 of my currently investable cash deployed. Will plan on doing the same thing in 30-45 days or so.
Todem
Footballguy
Profit taking.
General Malaise
Footballguy
With that sort of sudden velocity?
Todem
Footballguy
Absolutely.
Endowments
Hedge Funds
Mutual Fund Managers
Big big money doing Portfolio Rebalancing/Tax Harvesting
You will see this added back before year end and maybe even another 1% more as a cherry on top of this awesome Santa Claus Rally that started back at the very end of October.
Enjoy it Gents.
1st half of next year will be in my estimation a pull back which will present another buying opportunity for patient long term investors.
Back half of next year we see the new cyclical bull.
This has been a broad based rally the last 4-5 weeks.
And yet there is still some value in certain sectors.
FDX looks like a nice buy down here.
We got called out at $220 and were not unhappy as we had got them in the Pandemic 100% ago.
Looks like a value here after todays thrashing on weaker guidance for next year.....I am not thinking 2024
I am thinking 2025 or 2026 and another run.
Anyway it's been a wild ride this year.
A good year.
Last edited:
Sand
Footballguy
Totally normal. I've been expecting a day like this for a while. Once someone takes profits everyone rushes to the door to take profits.
Peggy
Footballguy
Yep. Been rebalancing and tax harvesting for a week now. Just have my wife's accounts left.
Peggy
Footballguy
Nothing wrong with taking your time when cash sitting in a money market is making 5% with zero risk. Since the FOMC it's not even worth looking at CDs for an extra 0.25. I'm building cash into my fixed income allocation until rates start to drop. Why not, zero risk.
I'm doing similar to you. Basically 55% into borad spectrum across US indexes. 20% international and 25% fixed income. Except the taxable accounts where I cant get away from the gains Im leaving the world of individual stocks for those younger than me.
ETA: I discovered that Fidelity has 4 zero expense ratio index funds. And lots of funds purposely besting Vanguard expenses ratios.
dino259
Footballguy
Love me some red tractors.Opened a small position today in CNHI to buy & hang onto for awhile.
Company is de-listing from Milan stock exchange & will be listed only on NYSE beginning 1/2/24 - was mentioned a couple of time's on a Barron's "Streetwise" podcast I listen to - including an interview with the CEO on 11/24.
Ag Stocks Are Down. This Farm-Equipment Maker Sees a Big Opportunity.
CNH Industrial has a long and complicated history. But it’s refocusing on investing in its tractors and combines as a wave of technology hits the farm.
General Malaise
Footballguy
Love me some red tractors.Opened a small position today in CNHI to buy & hang onto for awhile.
Company is de-listing from Milan stock exchange & will be listed only on NYSE beginning 1/2/24 - was mentioned a couple of time's on a Barron's "Streetwise" podcast I listen to - including an interview with the CEO on 11/24.
Ag Stocks Are Down. This Farm-Equipment Maker Sees a Big Opportunity.
CNH Industrial has a long and complicated history. But it’s refocusing on investing in its tractors and combines as a wave of technology hits the farm.
Used to work for Case Credit in the 90s and got to monkey around with their combines, tractors and quadtracs at some shows/demos. Amazing how nice those things are.
Had a few business meetings in Racine, WI
Amazing how nice that city is not.
One day later and it’s like we had a basically flat two days.
Todem
Footballguy
Yep.
Sand
Footballguy
General question for 2024: due to my life circumstances (I’m getting older) and market forces (rates look to stabilize if not drop next year), it’s time to rethink my allocation. I’ve always been an aggressive investor, to the tune of 80/10/10 in my accounts: stocks/bonds/cash. Feels like a good time to get closer to 60/40, or for me probably 60/30/10, since I like having some ready cash to deploy plus money market is paying over 5%.
My question is on the bond side. I bought some TLT in the fall. If I’m to grow my bond exposure in 2024, what’s the best way to do that? More TLT? Another ETF? I’ve focused so much on stocks the past 30 years, and indeed this is the Stock thread, but I’m looking for guidance on bonds. TIA. Hope you agree this is a reasonable thread to pose the question—I don’t think we need a separate thread for discussing bonds.
My question is on the bond side. I bought some TLT in the fall. If I’m to grow my bond exposure in 2024, what’s the best way to do that? More TLT? Another ETF? I’ve focused so much on stocks the past 30 years, and indeed this is the Stock thread, but I’m looking for guidance on bonds. TIA. Hope you agree this is a reasonable thread to pose the question—I don’t think we need a separate thread for discussing bonds.
Bogart
Footballguy
Did not like waking up to this. Think I will buy the dip though.
