All things STOCKS

#15,451
#15,451
Almost a wrap on 2023. Today is the last chance to sell shares to harvest tax losses. It might be a good day to grab shares in good companies that aren’t near their 52WHs, But then again, volume will be light (without major news breaking today), so share prices might not see much change. Tuesday is anybody’s guess. Next to last day of the defined Santa Claus Rally trading days.

I want to buy BRK/B, but will probably wait for 2024.
 
#15,452
#15,452
Thunder Good-Oil said:
Almost a wrap on 2023. Today is the last chance to sell shares to harvest tax losses. It might be a good day to grab shares in good companies that aren’t near their 52WHs, But then again, volume will be light (without major news breaking today), so share prices might not see much change. Tuesday is anybody’s guess. Next to last day of the defined Santa Claus Rally trading days.

I want to buy BRK/B, but will probably wait for 2024.
Click to expand...
why wait on BRK/B?
 
#15,453
#15,453
Go aeiou said:
why wait on BRK/B?
Click to expand...

I’m just giving it a small window to see if it pulls back a percent or two. Long term I’m very bullish. I’m trying to sell cash reserved puts about a month out as a way to open the position and shave off a couple of points.

Wednesday I had a limit order (1/5/24 / $355) in for $2.75 and that option has been falling ever since. So I think that BRK/b can be had a little cheaper. If something happens to Buffett it will have a knee jerk fall, but IMO should recover quickly.

If it keeps rising I might move the cash back to savings and wait it out a few weeks or a month or two. It’s also in a taxable account so I want to be assigned instead of taxed.
 
#15,454
#15,454
Thunder Good-Oil said:
The Chinese economy would crash without the assistance that we provide - especially ensuring that their shipping routes aren’t being disrupted. They need to play nice and we don’t need leadership that lets them get away with their crap without any pushback.
Click to expand...
I wish more people understood this. Lots of Americans seem to have bought into the CCP propaganda that they say about themselves.

The Chinese are not in a good position in any regard. At all. That isn't to say ours is perfect but I know which side I'd rather be on.
 
  • Like
Reactions: tbh and Velo Vol
#15,455
#15,455
05_never_again said:
I wish more people understood this. Lots of Americans seem to have bought into the CCP propaganda that they say about themselves.

The Chinese are not in a good position in any regard. At all. That isn't to say ours is perfect but I know which side I'd rather be on.
Click to expand...

They have a “big navy”. What that means is they have a lot of ships that aren’t capable of operating far from home.

Their 1 child policy has wrecked their demographics. They don’t have enough workers to take care of their rapidly aging population.

They don’t follow rules like the civilized world when it comes to the environment and civil rights. Plus they are chronic liars, cheaters, and thieves. The rest of the advanced nations need to stop enabling them.
 
  • Like
Reactions: tbh
#15,456
#15,456
BRK/b
9x p/e
2/24/24 earnings release

I like the outlook for insurance and energy.

Buffett’s replacement is more hands on running businesses. No telling how that will work out.

IIRC 50% of B-H’s public holdings are AAPL shares. And I think that half of the value of BRK are the public investments. So AAPL shares will be a significant variable. I fell good about AAPL for the long term, but it could be under pressure in 2024. IMO AAPL and AMZN are 2 of the most important US based companies as things evolve. Kind of the Standard Oils and JP Morgans of the 2000s.
 
#15,457
#15,457
Thunder Good-Oil said:
They have a “big navy”. What that means is they have a lot of ships that aren’t capable of operating far from home.

Their 1 child policy has wrecked their demographics. They don’t have enough workers to take care of their rapidly aging population.

They don’t follow rules like the civilized world when it comes to the environment and civil rights. Plus they are chronic liars, cheaters, and thieves. The rest of the advanced nations need to stop enabling them.
Click to expand...
As Americans, we are also freaked about the national debt and specifically the portion we owe to them.

While I wish that was different, that's also one piece of a gigantic puzzle in terms of the relationship we have with them.
 
#15,458
#15,458
05_never_again said:
As Americans, we are also freaked about the national debt and specifically the portion we owe to them.

While I wish that was different, that's also one piece of a gigantic puzzle in terms of the relationship we have with them.
Click to expand...

China holds less than 3% of US treasuries. A bit less than the interest on the ND. US citizens and intergovernmental agencies hold the biggest share of the total $34 trillion.
 
#15,459
#15,459
Thunder Good-Oil said:
BRK/b
9x p/e
2/24/24 earnings release

I like the outlook for insurance and energy.

Buffett’s replacement is more hands on running businesses. No telling how that will work out.

IIRC 50% of B-H’s public holdings are AAPL shares. And I think that half of the value of BRK are the public investments. So AAPL shares will be a significant variable. I fell good about AAPL for the long term, but it could be under pressure in 2024. IMO AAPL and AMZN are 2 of the most important US based companies as things evolve. Kind of the Standard Oils and JP Morgans of the 2000s.
Click to expand...
Well, moving a BRK purchase to the side for now. Too far too fast.
 

Attachments

  • IMG_9578.jpeg
    IMG_9578.jpeg
    65.6 KB · Views: 5
#15,460
#15,460
SOFI is down 14% and is/has been on my radar. But if I buy shares it will be a small position. I already have some speculative purcgases with some smaller financials. AX. HOOD. RKT.

I feel like I need to add an insurance company or two. But there are a variety of types. Health. Life. Other. Might nibble at Lemonade. LMND. Their 2022 loss is bigger than their 2022 revenue. Off 75% or more from the IPO.
 
#15,466
#15,466
Go aeiou said:
How did you know that?
I looked a few minutes ago and they were up to $483 in 21. Closed at $1.83 today.
Click to expand...

From July 2020...
BigOrangeMojo said:
Switch from latest fad to latest fad. Issue PR, pump up stock price, dilute stock, lose money. Latest fad doesn't work. Switch CEO. Change name. Go to next fad. Issue PR, pump price, dilute stock, lose money, switch to next fad. Issue PR, pump stock price, dilute stock, lose money, switch name, switch CEO, change to next fad...
Click to expand...
 
  • Like
Reactions: Go aeiou
#15,471
#15,471
Thunder Good-Oil said:
I should have kept MicroStrategy but wasn’t comfortable holding after Bitcoin popped that much.
Click to expand...
here's an insane stat:

"His company, MicroStrategy (MSTR -3.46%), is now the largest corporate holder of Bitcoin in the world, and it's not even close. After buying an additional $615 million worth of Bitcoin at the end of 2023, his company now owns close to 1% of all Bitcoin in the world."
 
#15,473
#15,473
any ideas on some good dividend yield stocks? I'm looking to move into some passive income (non retirement funds).

I've had pretty good luck with ET (about 9% yield)
 
#15,474
#15,474
I prefer the picks and shovels over the actual crypto coins. MSTR. ARK. HOOD.

I think that the ETF approval might be a sell on the news event. Those that want to can already get exposure. But maybe the ETFs will be appealing though by being able to own coin equivalents without the risk of losing track of coins in wallets (or however that works).

I think that the biggest selling point is that the national debt could disrupt the value of the US dollar. A big downside is how the US government agencies will have crypto in their cross hairs. Tax it. Regulate it.
 
#15,475
#15,475
volinbham said:
any ideas on some good dividend yield stocks? I'm looking to move into some passive income (non retirement funds).

I've had pretty good luck with ET (about 9% yield)
Click to expand...
JEPI, JEPQ
BRK-B (Berkshire Hathaway), pays no dividends, but you can sell gains for capital gains instead of dividends.
 
New posts
You must log in or register to reply here.

VN Store



Back
Top