Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
Investing General Discussion
- Thread starter Furious
- Start date
-
Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Hateyou
Not Great, Not Terrible
- 16,652
- 43,325
The 8-9 year old girls in the neighborhood think so yes.
- 1
Blazin
Creative Title
- 6,952
- 36,151
Well at 30 secs in I can't quite say yet but I think the pain may be ending for most names yesterday. Now apple getting hit today may do the opposite and hide some of those names finding footing even as index shows red to flat. Apple is definitely the caboose on this correction not the locomotive. I'm not saying the correction is over we may decline a few more percent at the index level if big tech has its turn being weak. Then subsequently we got a strong bounce that is more across the board.
- 1
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
I hope you are right. I am concerned with fake Omnicron fear mongering and Germany locking away unvaxxed. I think there are some real mines to be watching on he political front.
- 1
Blazin
Creative Title
- 6,952
- 36,151
I may have personal bias due to position, but I think the payment processors will be the sign that the correction is ending. They started the carnage and have lead it throughout. When they finally bounce I think that is the signal the market turn is likely soon behind.
- 3
Gravel
Mr. Poopybutthole
- 39,440
- 129,800
So I guess you see this as separate from the expected taper drop?
Meaning we potentially recover over the next 3-4 months before getting another taper correction. Which then leads into whether it keeps dropping, or the Fed changes their mind?
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
Jysin
Ahn'Qiraj Raider
- 6,457
- 4,345
Dont forget we still have the president speaking today ready to add fuel to the covid panic.
1:40 PM ET
President Biden Delivers Remarks on the COVID-19 Winter Plan
1:40 PM ET
President Biden Delivers Remarks on the COVID-19 Winter Plan
- 1
- 1
- 1
Blazin
Creative Title
- 6,952
- 36,151
I do not expect a taper correction. Taper is still bigger QE between now and its end than we received in all of the GFC. Historically stocks do very well in a rising rate environment, just a complete fabrication amongst the media that says otherwise. People even say "taper Tantrum" referring to 2013 and forget that wasnt even in stocks, stocks were booming the tantrum was in bonds.
- 3
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
With the way he has been getting destroyed in the Courts the last week or two I will be surprised if he doesn't double down and try to pull a Trudeau and lock the unvaxxed out of travel.
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
I will be quite happy to see the payment processor/fintech stocks start catching some bids.
- 1
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
Tmac
Adventurer
- 9,976
- 17,009
I learned something new. Thanks for posting.
Turns out I’m as tax averse as wealthy people!
- 2
Gravel
Mr. Poopybutthole
- 39,440
- 129,800
It's funny, because I don't particularly love dividendss, but not because of the taxable event. It's more just that they don't seem to perform as well.
Like he mentioned, after the dividend is paid out, the stock drops by that amount. The person who wrote that letter seems like the type that wants instant gratification over long term performance.
- 1
Tmac
Adventurer
- 9,976
- 17,009
They could just be old and need the dividend as retirement income too.
Or, just completely misunderstand the two whammies of dividends: stock price falls + taxable event.
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,576
- 120,887
My feeling is dividend stocks have a place in a portfolio and that place may expand as the investors life cycle changes. I like dividends. No scratch that, I love dividends. As an investor, I hate seeing companies I own sitting on $60b in cash. Fuck that, give me some of that unless it has a pressing need for an acquisition. As you get older and retire, value stocks with great market dominance and low risk are nice things to hold. A nice mix of some growth for stock appreciation and 2-3% dividend back to me is nice.
- 1
Big Phoenix
Pronouns: zie/zhem/zer
- 46,393
- 98,614
Blazin
Creative Title
- 6,952
- 36,151
For me it's about actually wanting a benefit to ownership, all other investing is greater fool, meaning you only own a company with the hope someone else wants to own it more than you. I want to share in the profits. If I hold a stock for the long term I dont worry about the current price as much because the company is sharing its profits with me which I'm free to do what I want with. If you own a non dividend player for a long term you have nothing other than the stock price and gain no benefit until you cease to be an owner. Company's should only NOT pay a divy when they are still growing enough that they need the cash to expand. Companies are hesitant to start paying divy's because it takes you out of the hip mover and shakers club and into a boomer stock but it should be where we want a company to go. Investors just have to understand that dividend paying stocks will always sell for significantly less but are a lot more stable and do a lot to increase investor wealth over the long term.
- 5
- 2
