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@rforno: I can't locate any info on that UTG 60% ROC. Do you have a source?
If you like the sector and the managers take a look at UTES. However if it's the income you were after don't bother. DNP might be an income source.
Their 19(a) filing from …
Sold my starter position in UTG for tiny profit. Didn't want to, but a sudden 60% in ROC after a long period of relatively little was something worth noting.
"If you're first out the door, that's not called panicking."
- John Tuld, 'Margin Call'
Sold NVO for miniscule gain ahead of the coronation, having had second thoughts about imported stuff for the time being.
Opened starter position in AES as a global renewable/independent power producer with every intention of buying more lower.
But I was liking my little HELO ETF, cutesy ticker and all. You guys are ruining it for me.
I'm waiting for a strategic-quintuple-leveraged-options-tactical-overlay-monthly-reset-buffered ETF be rolled out with the ticker 'SUKR.' ;)
@rforno -- you think? Who doesn't love a good carnival of silliness?
Probably those who buy them and then sell for a loss ... if they put 2 and 2 together to realise they weren't such great instruments after all.
I've only seen one investing strategy (not mine) work well using complex ETFs ... in this case, levered bull small/mid/QQQ ETFs. And in 2024, those 2-3x ETFs are 'quaint' (and probably safer) than some of the insane Rube-Goldberg-esque garbage bein…
rforno, Apologies for not acknowledging you sooner. When I read articles I skip over names and titles. If I did not, I would have asked you if it was you.
(Being technology illiterate) I also do not click on links I do not recognize and hence, d…
I oversee a cybersecurity graduate program and related research institute - was quoted in that BBC article you posted the other day about the Treasury hack, actually :)
(back to Buy/Sell now!)
Order placed on a zero-cost protective options colla…
Rick, Why did you decide not to become a dual (Aussie + US) citizen? Australia would have happily given you a permanent residency under their point system. It is a nice place to retire if you have access to it.
I know a couple of Aussies who move…
Planned early January annual chunk taken from the portfolio. This year, it's bigger: sending the (foreign) niece to go to school (and eventually permanent immigration) in Australia. Nice to be able to do it. The satisfaction is worth more than the m…
Related to UST volatilities, this is a wee bit concerning (not cyber-related) ... the traditional 'money center' banks are not as active in the UST markets as private trading houses, which are more concerned w/short-term than long-term and/or stabi…
Without going into details (I'm tired!) digital supply chain attacks like this are increasing in popularity and severity..... and it's not an 'easy' thing to address. (Well, it IS easy, but nobody wants to do it.)
Closing out big position in ASGI. Love the income, but the recent spike in ROC is concerning ... which could be related to the fund assimilating MFD this fall, but I'd prefer to watch it for a while and perhaps move the $$ elsewhere.
Can anyone tell me or explain why it's so important for the bond market to be open that day? Or any of the days it remains open when the stock market is closed? I've never understood it.
Probably because much of the world economy is based on Treasur…
FYI the major holdings of PRCS (Parnassus Core Select ETF) line up fairly well vs its flagship PRBLX/PRILX. Sure, while .58 may be high for an ETF, it's better than .82 for PRBLX, at least you will get daily visibility into its holdings vs only mon…
Not meaning to further hijack the thread but yesterday I just lit up a trial of a mm-Wave 5G internet service here in NoVA. 500+ down and 100+ up for $45. If after 30 days I decide to switch back to my 300/300 FIOS (roughly same price), I can jus…
Exited SOBO (spinoff from TRP) as part of EOY portfolio rejiggering.
Bought 250 NVO on the massive plunge today. Will be a candidate to add on lower prices over time.
Just in case you had any doubt as to what Orangina's priorities are here....this morning he's totally down with shuting the government down "on Biden's watch" to get his way.
Sure -- because he wants the elimination of the debt ceiling now to allow…
IMO 2016-20 was a preview of 2025-2029 and had various guardrails around this town to help mitigate things a bit .... but if you thought it was crazy bad before, you probably ain't seen nothin' yet.
For most of us, I think our prior playbook still works. Namely, either do nothing or position yourself more defensively as the chaos unfolds/continues.
One wonders what the military thinks of serving without a paycheck for 33 days. Does he really believe that they will be fine. I bet he does.
"They love me, and nobody loves them more than I do. It'll all be fine, believe me...." [dismissive gest…
Looks like the Trump honeymoon is over for the markets. I’m not surprised
Me neither. Add in y/e selling, cashing in on the post-election euphoria, and perhaps a realization that the CRAZYTIMES are back in a little over a month, AND a looming GQP …
The FED lowers the rate by 25 bps (0.25%). The market fell…
Down is up, up is down, Bad News is Good News, Good News is Bad News.
Either that or Y-E selling has started really eagerly given the runup in recent weeks....
Finally started a position in UTG. Also stalking AMLP/NML and potentially UTF as new adds at the right price.
CHSCM looking interesting on the preferred side. They're predicting a softer couple of quarters, which might send the shares even lower .…
If you traded in an IRA how large can one go specifically in IEP without having to worry about UBIT? Was the K-1 painful?
Since you do not need much effort to get up to speed, may be it worth a relook at IEP. It is sub $10 a share now.
I have ot…
Any one interested in IEP should know now it yields 20%. Has had a few distribution cuts.
Was in and out of it over the years. After the Hindenburg short raid last year I bailed, took the loss to offset gains elsewhere, and never looked back. Not …
Does increasing the risk of runs on banks enhance the future prospects of crypocurrency? And, does crypocurrency require the designation of "legal tender"?
I'm pretty sure the cryptobros and hardcore fans think it would. That's the whole idea behin…
I just got done grading my 25 graduate capstone papers, coincidentally .... ergo, scotch awaits!
(And good call on infrastructure investing; it's been a large part of my portfolio for years.)
Anyone playing cryptocurrency outside of the big ones that seem to be 'respectable' (eg, BTC, ETH) truly is throwing their money away unless it's for a quick in-out trade akin to a pump-and-dump scheme.
Bump up.
Any takers here for KSS, currently priced at $14 and yielding 14% dividend?
90% payout ratio and unsteady track of divs in recent years .... not for me.
Deep value investor is a different breed, most of us here do not belong to. With th…
Bump up.
Any takers here for KSS, currently priced at $14 and yielding 14% dividend?
90% payout ratio and unsteady track of divs in recent years .... not for me.
