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-   -   I jumped back into the market............. (http://forums.pelicanparts.com/off-topic-discussions/1113417-i-jumped-back-into-market.html)

fred cook 02-24-2022 10:38 AM

I jumped back into the market.............
 
This morning when the DOW was down to about 32200, I jumped in and bought some "Value" stocks. Specifically, Johnson and Johnson, Hewlett Packard and Raytheon. Two of the 3 have dividend "ex" dates coming up soon with the other one being about 3 weeks away. I had been expecting the market to tank for quite a while and had been sitting on some cash just in case the opportunity came up! Several of the market analysts are currently pushing the value stocks. However, now I think I will go in search of a solid mutual fund next. Now comes the waiting!

Bill Douglas 02-24-2022 10:41 AM

I'm in enough trouble as it is. I've only got enough cash to survive if I get called up for the war in Europe.

stevej37 02-24-2022 10:43 AM

^^^ What's your draft number? :D

stevej37 02-24-2022 10:44 AM

Dividend stocks are great.
Good luck to you.

Do you re-invest the dividends or take them?

Bill Douglas 02-24-2022 10:45 AM

Quote:

Originally Posted by stevej37 (Post 11617068)
^^^ What's your draft number?

They issued me 666 :eek:

stevej37 02-24-2022 10:48 AM

^^^ Impossible!
I had 66 and got called for my physical.
Passed it and the next week tricky dick started recalling.

stevej37 02-24-2022 01:17 PM

Quote:

Originally Posted by stevej37 (Post 11617069)
Do you re-invest the dividends or take them?

The reason I ask...there are arguments for each way.
I've always re-invested. The share numbers grow fast.

Some say the money would grow faster elsewheres.

Chocaholic 02-24-2022 04:06 PM

And by the end of the day the markets were up. So much for the end of the world.

Aurel 02-24-2022 04:11 PM

Quote:

Originally Posted by Chocaholic (Post 11617460)
And by the end of the day the markets were up. So much for the end of the world.

Yep, with a new war every day, I would get very rich very fast…

fred cook 02-24-2022 06:13 PM

Dividends.....
 
Quote:

Originally Posted by stevej37 (Post 11617069)
Dividend stocks are great.
Good luck to you.

Do you re-invest the dividends or take them?

I usually reinvest the dividends, a good easy way to grow the account.

Bill Douglas 02-24-2022 07:18 PM

Quote:

Originally Posted by Chocaholic (Post 11617460)
And by the end of the day the markets were up. So much for the end of the world.

Up from yesterday. One of mine even went up 6% which is good news for me as it means I'm less in the negatives LOL

fred cook 02-25-2022 07:24 PM

My Wednesday stock purchases are up around $4K in two days! Hopefully they will continue to add to the money pile! I spent some time today looking at top tier value mutual funds and found a couple that I think should make money. Will probably drop some $$$ on one or more come Monday morning. More to come, stay tuned!


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