Investing General Discussion

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wormie

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Seems like the Fed by stepping in is just confirming fears that 'shit is bad™'.
 
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Koushirou

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So I don’t really know shit about investing but have an IRA that I have a piddling amount of stocks in. A while back, one of them blew up so I have about $1300 worth of cash for trading. I’d like to capitalize at least a little on some decent companies while they’re shitting the bed but I have no idea what to look for. I currently have stock left in AT&T and MFA and generally I just shove my dividends back into those. Any suggestions for another company to dip into, preferably with a good dividend yield? I’m not going to be micromanaging my IRA, just checking it quarterly
Was looking at BP since oil is in the shit right now. Decent annual yield, but I can’t tell if they’re paying dividends right now? Any thoughts there?
 
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Blazin

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Koushirou said:
So I don’t really know shit about investing but have an IRA that I have a piddling amount of stocks in. A while back, one of them blew up so I have about $1300 worth of cash for trading. I’d like to capitalize at least a little on some decent companies while they’re shitting the bed but I have no idea what to look for. I currently have stock left in AT&T and MFA and generally I just shove my dividends back into those. Any suggestions for another company to dip into, preferably with a good dividend yield? I’m not going to be micromanaging my IRA, just checking it quarterly
Was looking at BP since oil is in the shit right now. Decent annual yield, but I can’t tell if they’re paying dividends right now? Any thoughts there?
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With only $1300 I would stick to an index rather than placing your bet on any one company.




It's hard to track with futures halted but using SPY we hit around 2400 on the SPX and have now bounced back to around 2450. Open looks like it's going to be disorderly.
 
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Pops

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Koushirou said:
So I don’t really know shit about investing but have an IRA that I have a piddling amount of stocks in. A while back, one of them blew up so I have about $1300 worth of cash for trading. I’d like to capitalize at least a little on some decent companies while they’re shitting the bed but I have no idea what to look for. I currently have stock left in AT&T and MFA and generally I just shove my dividends back into those. Any suggestions for another company to dip into, preferably with a good dividend yield? I’m not going to be micromanaging my IRA, just checking it quarterly
Was looking at BP since oil is in the shit right now. Decent annual yield, but I can’t tell if they’re paying dividends right now? Any thoughts there?
Click to expand...

With zero commish buy 1 share of major div paying US stocks. Just do it very very slowly. Buy every drop, never any rally.
 
Furry

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euro stocks down 10% and they didn't have our rally. Could be multiple limit stops today. Hold onto your seats.
 
brekk

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Gravel said:
Yeah, Fed fucked this up. Just like they fucked up the recovery from 2008. Well done.
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They started fucking themselves with the rate cuts back in Sept when everything was fine. Healthy economy is when you raise rates, not cut them out of fear of a slowdown 10 years into the longest bull market in history.

Now they've gone and blow their whole load going from 2% to 0% in less than two weeks.
 
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Furry

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brekk said:
They started fucking themselves with the rate cuts back in Sept when everything was fine. Healthy economy is when you raise rates, not cut them out of fear of a slowdown 10 years into the longest bull market in history.

Now they've gone and blow their whole load going from 2% to 0% in less than two weeks.
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What really fucked everyone was europe keeping its rates negative.

Their hog-tied retarded economies meant there was big business in borrowing there and stashing the money here, and that only would have been worse if rates went up. Europe was the source of this world credit disease.
 
Blazin

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Furry said:
What really fucked everyone was europe keeping its rates negative.

Their hog-tied retarded economies meant there was big business in borrowing there and stashing the money here, and that only would have been worse if rates went up. Europe was the source of this world credit disease.
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May have been the most reasonable thing you have every posted. Stop here and go out on top.
 
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Furry

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Blazin said:
May have been the most reasonable thing you have every posted. Stop here and go out on top.
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Don't worry. It's normal to see my posts as more reasonable the deeper you fall into acceptance.
 
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Attog

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I bought some BRK.B, probably spent too much in the short term but I want to get a piece of Buffet buying everything else.
 
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