Your comparing the preferred shares of the most too big to fail bank against a Goldman call selling scheme to a synthetic QQQ using leverage.
How about let it all ride on red 7?
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How about let it all ride on red 7?
Hahahaha I tried to break it gently
They might be reasonable investments for him
But he started his post with "I don't know why".
Yes and we told him the whyThey might be reasonable investments for him
Edit: I see that in other forums and comments to articles. Basically growth investors say there is no other way
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Why didn't you pick Jan 2019? Not declining. I guess we could cherry pick a time - pretty stable and not declining. I see three excellent buy points and reason never to pay above par for a preferred stock. I mean sometimes I might pay .05$ over par, but not a yield eating $2.50. But again you are simply not getting it.
https://www.quantumonline.com/search.cfm?tickersymbol=BAC-B&sopt=symbol
I get $22,500 worry free dollars in my IRA. Do I/did I have other growth funds/companies? Of course.
I am pretty sure everyone here bought near or under par.
Most bought on sale. What’s my yield for example?
Over 6.3% Pablo!
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Once again all shares out on loan POOF. hahahahaha wonder why?1?!
TLT up
Yes because I sold mine yesterday so it must by definition go up today.
The story of my investing life
Ah yes the sell decision - way harder than the buy decision.
Some people use a hard 7 or 8% sell signal. They say that stocks often don't recover from a 7 or 8% decline. But I see a lot more volatility than that. For a good example, see Nutrien (Toronto or New York exchanges). It's a solid company that mines potash and makes and sells fertilizer at retail and sells potash in bulk, whose shares are all over the place - currently on the way down.
Nutrien mines potash in Saskatchewan where there is one of the largest and best potash deposits in the world. Potash is a required soil additive (fertilizer) for strong crop growth.
To declare a potential bias, I was the medical director of the Potash Corporation of Saskatchewan (PCS) back in the 1980s. PCS was the predecessor of Nutrien. I own 100 shares of Nutrien.
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In game mode today. Cell reception horrible here. Levoit fan keeping the peripherals cool and a homegrown unsweet tea and underneath the hat a Devil Dog hiding from Pablo on my makeshift boneless couch.
The cell is continuously electrified for when I hit the nuclear trade button.. it's on dudes
The cell is continuously electrified for when I hit the nuclear trade button.. it's on dudes
TLT is a long Treasury ETF 20+ years.
I still contend the fed will need to start buying them at some point. There currently buying Yen instead so that they don't have to.
I think yield still goes up because they have to "look tough" on inflation until Nov 5th. Unless something breaks.
Or I just chickened out and they go up from here.
I use term premium as my signal and its going the wrong way.
Every broker will tell you that, if you are overweight. Rebalance.... I am waaaay overweight in my ex-companies stock (I'm retired), and high tech will be a roller coaster. So we took that stock (and Tesla) out of the equation. Schwab Wealth Advisory managed the rest.
Some food for thought......
Total Return:
Yield Only:
If your objective is high monthly income with reasonable long-term growth, I'd lean toward something like:
This blend would:
If you don't need every dollar of income immediately, reinvesting a portion of the monthly distributions can significantly improve long-term results.
Total Return:
Yield Only:
If your objective is high monthly income with reasonable long-term growth, I'd lean toward something like:
- 30% QQQI – higher income with Nasdaq exposure
- 30% GPIQ – captures more upside than QQQI
- 20% SPYI – S&P 500 diversification and high income
- 20% BAC-PRB – steadier income and lower volatility than equities
This blend would:
- Generate a strong overall cash yield (roughly around 10% depending on current distributions),
- Reduce reliance on technology alone,
- Improve total-return potential compared with an all-QQQI portfolio,
- Add some stability from preferred shares.
If you don't need every dollar of income immediately, reinvesting a portion of the monthly distributions can significantly improve long-term results.
I'm very nervous about the weight of tech in the S&P 500. Yes I've made money because of tech, but I'd also like to keep quite a bit of that money thank you very much.
If history is any guide, investing heavily in industry leaders when they're on a tear is a great way to lose a lot of money (think: the South Sea bubble of 1720, railways in the late 1800s, the nifty fifty in the 1950s, the dot-com bubble in 2000, subprime mortgages in 2008, etc.) I don't believe for a minute that it's "different this time".
There is an old saying in investing - "diversification is the only free lunch".
And we should all keep in mind that after a crash there is usually a new industry leader.
There is an old saying in investing - "diversification is the only free lunch".
TIME talks and walks.
All true, with a couple of caveats... IMO, AI is a huge inflection point. 2nd, my personal portfolio is, if I lost all my ex-company's stock value, I would still die with $$ from the Schwab managed stuff.
My holdings are highly diversified, with several homes free and clear and uber low recurring costs. Being homeless, and fear of being homeless again, will do that to you.
Tech is, and will be, a roller coaster. If you are near the end of your investing days, conservative is the play. But I would absolutely have something in Silicon Valley. If you wish, do a little research in my old company, Lam Research, LRCX, which is a leader in SEMI Dep and Etch. I started in the 1990's.
Long term for the win. I am a Financial Conservative. If you had invested $10,000 in LRCX in 1996, your investment would be worth between $2.5 million and $3.8 million today, depending on exactly when during that year you purchased the shares. Oh yeah, and if you had simply reinvested the dividends...
Let time work for you!
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See https://institutional.fidelity.com/app/popup/item/RD_13569_30073.html#slide0 if you haven't already. Also see https://www.fidelity.com/bin-public...xed-income/Business_Cycle_Sector_Approach.pdf as some background.
@LZ0 Bob If it makes you feel any better I get the opposite side of that question as to why I am light on tech.
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