Investing "OUTSIDE" the box for SAFE profits.

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Mountain trapper said:
With all the illegal wetbacks in our country Western Union should be a good buy. They all send their welfare checks back to their country.
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Yep! And WU drops a slice of all that cash into my pocket every 3 months!
The buy order went thru so, I now have 860 shares that will be dropping delicious dividends on me. 😍
The next time they roll, I will post a brag-post. 😀
 
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Mountain trapper said:
Back in 2008 I started buying CAT shares, among others, at $23 a share. I ended up with several shares. Several of my co-workers bought houses in Las Vegas and Hawaii at deeply discounted prices. Those were good times.
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Ah, the great Obumer recession. Me too!
I have bragged enough about cranking my 401K withholding wide open at that time and making bank.🥰
 
zoomzoom said:
In my portfolio, it can sit for years.
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Just have your bag ready when the dividend $$$ drop. (Should be July 1st) Don't do reinvestment.
 
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Mountain trapper said:
Anything can happen at any time. However, people have been "predicting" end of times since JC walked the earth. And smart investors are still doing good.
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I'm in it for the dividends, companies don't lower or stop paying dividends if times get hard.
If the share price plunges, I wouldn't give a rip because I ain't selling.
 
Supervisor42 said:
Just have your bag ready when the dividend $$$ drop. (Should be July 1st) Don't do reinvestment.
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Curious why you suggest against dividend reinvestment. Would that suggestion also apply to those who are still working and building up the portfolio?
 
Supervisor42 said:
I'm in it for the dividends, companies don't lower or stop paying dividends if times get hard.
If the share price plunges, I wouldn't give a rip because I ain't selling.
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what do you get each quarter from those shares again.
 
Tommyice said:
Curious why you suggest against dividend reinvestment. Would that suggestion also apply to those who are still working and building up the portfolio?
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46 months
 
Tommyice said:
Curious why you suggest against dividend reinvestment. Would that suggestion also apply to those who are still working and building up the portfolio?
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For that stock no, because it has very little upside.
I do reinvestment on my SO stock. :thumbs:
 
elkhound said:
what do you get each quarter from those shares again.
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A little over $100 each quarter for 460 shares.
With 860 shares, it should be close to $200 :).
Keep in mind, this is a "safe" investment. ;)
 
Supervisor42 said:
For that stock no, because it has very little upside.
I do reinvestment on my SO stock. :thumbs:
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I have all my stocks set up for dividend reinvestment. I’ll still be working for a minimum of 4 years.

Do you have a share price or dividend amount threshold as a guideline for choosing not to reinvest?
 
Tommyice said:
I have all my stocks set up for dividend reinvestment. I’ll still be working for a minimum of 4 years.

Do you have a share price or dividend amount threshold as a guideline for choosing not to reinvest?
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As you should!
Compounding rulz when you are building, more so than when you are drawing.
 
Neb said:
That is not investing advice. :rolleyes:

Ben
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You are correct!
A reminder:
*The opinions expressed in this thread are just that, OHpinions. Nothing more.
 
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Neb said:
Which allows me to mention Gold Silver and NVIDIA did well today.

Elon Musk new company will invest heavily in NVIDIA chips.

Ben
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NVIDIA, not my cup of tea.
That's why people should read this thread...
Screenshot_20240528-220823_kindlephoto-144604313.png

Price-to-earning ratio of 66, yield of .04%, and a dividend of 1¢ ?
 
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Supervisor42 said:
I'm in it for the dividends, companies don't lower or stop paying dividends if times get hard.
If the share price plunges, I wouldn't give a rip because I ain't selling.
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I mainly bought dividend paying stocks over the past 45+ years. Always had them reinvested until I retired. Now the dividends are providing us with a good income.
We recently opened up savings accounts for the grandkids. Next we'll open them brokerage accounts and start helping them learn stock investments. They're 8 and 9 years old. It's never too early to teach kids about investing. For a long time we were buying bonds for the grandkids too.
 
Supervisor42 said:
I'm in it for the dividends, companies don't lower or stop paying dividends if times get hard.
If the share price plunges, I wouldn't give a rip because I ain't selling.
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I mainly bought dividend paying stocks over the past 45+ years. Always had them reinvested until I retired. Now the dividends are providing us with a good income.
We recently opened up savings accounts for the grandkids. Next we'll open them brokerage accounts and start helping them learn stock investments. They're 8 and 9 years old. It's never too early to teach kids about investing. For a long time we were buying bonds for the grandkids too.
 
Mountain trapper said:
I mainly bought dividend paying stocks over the past 45+ years. Always had them reinvested until I retired. Now the dividends are providing us with a good income.
We recently opened up savings accounts for the grandkids. Next we'll open them brokerage accounts and start helping them learn stock investments. They're 8 and 9 years old. It's never too early to teach kids about investing. For a long time we were buying bonds for the grandkids too.
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Most of my income comes from dividends.
My mom started schooling me on investing when I was17 😍.
Supervisor42 said:
The value of my stock portfolio, on paper, dropped $3,000 this week.
Good thing I'm a dividend guy, and do not rely on the price of stocks going up to make money, huh? :)
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Welcome to the rollercoaster! 😀
They went back up $2,750 on Friday. (giant yawn)
 
I can't buy stocks until this financial situation of mine clears up. :(
 
I just had an inquiry from a nephew who asked what he should do with some inheritance he has parked in a savings account right now. I asked him how much interest he was making and he said "not much". That tells me that he really doesn't know, but I doubt he is wrong. I told him about a 5 month CD at the bank he is at for just around 5%. I told him that would give him 5 months to figure it out. However, that money has to be "new" money to that bank. I asked him if he had an account at the local Credit Union. He said "yes" just a small account. Great! I told him that CU has a 9 month CD for just under 5% (again with new money) I told him if he didn't want to bother moving it out and then a day later moving it back to the other bank, then he could just move it to the CU and invest in a short term CD there. If he's going to keep it in the bank (or CU), he might as well make a decent amount of interest on it.
 
Put it all on black.

Blackrock that is.
 
Supervisor42 said:
*Not investment advice.
I finally caved and put in a buy order today for another 400 shares of Western Union stock at $12.70 .
It has continued to drop in price the last few weeks and I don't wanna miss the boat again. :(
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I watch my stuff every weekday.
Western Union went 'ex-dividend' on 6-14-24 and the stock price dropped briefly below $12 today. (expected).
(People that don't own it before XD date, don't get no dividend munney :()
...Which reminds me, the juicy dividend pays shortly after 7-1-24! 😁
50723-drool.gif
 
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