MARKETS,Anybody even yet?

[olds442jetaway]

BGS up 23 percent today. Still has 19 percent div. I’ll sell my more expensive shares for a tax loss. Hopefully buy them back on a dip after a month.

[dinghy]

I’ll sell my more expensive shares for a tax loss.

December will be entertaining. I don't usually get heavily into harvesting, but this year it's a necessity.

In some cases, I'll swap rather than sit out. For example, if I need to exit GDX, I can buy SGDM instead. To replace GDXJ, I can buy SGDJ.

I asked ChatGPT for a BGS substitution, and it recommended CAG. The companies have significant differences, but they do move somewhat generally together.

[olds442jetaway]

Ditto! I already picked up a while ago CAG and GIS. I plan on hanging on to high div Mortgage stocks as long as interest rates keep heading down. Hopefully that will keep defaults lower. I also need to add more Nat Resc stocks and gold mines. Rare earth too if there are opportunities.
Of course “ on sale “ purchases are preferable. Will probably nibble sqqq too.

[dinghy]

Love to see it. HUN slashes its dividend by two-thirds, and the stock is +13%.

Everyone knows chemicals are in a downturn. A dividend cut is just acceptance of reality.

[dinghy]

DKNG filled at 25.68 after-hours.

DKNG now green, above 28. Yesterday was only one small purchase, so no cause for celebration.

[wildman49]

https://www.cnn.com/markets/fear-and-gr ... _source=hp

extreme fear at 19 if we could get VIX to 25 great buying time

[FAA]

I’m hoping it goes back to 15. I’m a long term investor who saw a 5% NASDAQ drop this eek week. I’m obviously going to stop opening this thread.

[olds442jetaway]

The old saying……What goes up must come down….Unfortunately, that doesn’t just apply to gravity!

[dinghy]

The old saying……What goes up must come down….Unfortunately, that doesn’t just apply to gravity!

I wasn't a science major, but it certainly doesn't apply to prices (in our fiat currency world). In your entire life, how often have grocery prices declined?

Stock prices can go down, but they don't have to. In the rare periods of decline, dividend payments are often adequate to offset the price losses.

[olds442jetaway]

When I was a kid, a giant loaf of wonder bread was 5 cents. When I first got my drivers license in 1964 a new Corvette was $4000. Of course way out of my reach so I bought cars for less than $100 even back then. Anyway today a new Corvette is $70,000 plus. But $4000 in 2025 is only about $40,000 today. People will say you are comparing apples and oranges because of the sophistication of the new Corvette whatever you were king of the hill or rather king of the block if you had a new Corvette in 1964.