Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

afroxyz:
Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

Succint.

afroxyz:
Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

On point!

afroxyz:
Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

True, the learning process never ends

You are absolutely spot on. For those who are risk-averse and are okay with gaining or losing in lower daily percentages like under 10%, one way to go is to invest in stocks that deal in precious metals (i.e. gold, silver etc) such as $HL, $EXK and $SLV. Looking at their price trends, these stocks aren't too volatile, in the sense that they don't typically display huge daily upward/downward swings or dips and gives one the opportunity to sell off without incurring much losses.

afroxyz:
Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

Another way to check the direction of market sentiment or take profitable positions is to follow the investing patterns of smart money. Check the sentiments of Hedge funds and institutional investors. You can check their quarterly 13F filings or visit their sites to know which buys and sells they have undertaken recently. That way you can cross reference with your investment goals and know what positions to take

The quietness in the room today is understandably a correlation of the seemingly flat market sentiment so far.

But we are here and exist not only when there is excitement of upward price movement, but to continue to develop and equip ourselves in order to take full advantage of what the market offers.

So a few updates and insights for dividend hunters today.
QUARTERLY DIVIDEND UPDATE
First off, $FDX declared a quarterly dividend of $0.65/share payable October 1st 2020.
This was on the back of a very good earnings which led the market to price it up to a new 52-week high This week.
At a share price of over $200/share, that drastically reduces the dividend yield to a mere 1.29%.

A reasonably priced stock which is a consistent dividend player available today before the Monday ex dividend date is $PSX at just over $63/share declared a quarterly dividend of $0.90/share at a reasonable 5.62% dividend yield. Their payment date is September 1st 2020.

There are "dividend kings" that pay as high as 8% yield even at current market prices.
I hope I find the time to share some with us.
#ThinkOnTheseThings

OakPearl:
The quietness in the room today is understandably a correlation of the seemingly flat market sentiment so far.

But we are here and exist not only when there is excitement of upward price movement, but to continue to develop and equip ourselves in order to take full advantage of what the market offers.

So a few updates and insights for dividend hunters today.
QUARTERLY DIVIDEND UPDATE
First off, $FDX declared a quarterly dividend of $0.65/share payable October 1st 2020.
This was on the back of a very good earnings which led the market to price it up to a new 52-week high This week.
At a share price of over $200/share, that drastically reduces the dividend yield to a mere 1.29%.

A reasonably priced stock which is a consistent dividend player available today before the Monday ex dividend date is $PSX at just over $63/share declared a quarterly dividend of $0.90/share at a reasonable 5.62% dividend yield. Their payment date is September 1st 2020.

There are "dividend kings" that pay as high as 8% yield even at current market prices.
I hope I find the time to share some with us.
#ThinkOnTheseThings

I have seen a stock that pays above 10% and I was discouraged from buying it. Can you throw more light on this please?

Just received Apple's ($AAPL) quarterly dividend of $0.82 per share. Other coys with good dividends include $BGFV, $PFE and $AZN. For folks keen on receiving dividends, a coys dividend yield and share price should be considered relative to other stocks before investing.

afroxyz:
Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

100% on point!

OvaSabi1:


I have seen a stock that pays above 10% and I was discouraged from buying it. Can you throw more light on this please?

The thing with dividend yield is that it is not constant as it is derived from the share price per time.
A 10% dividend yield stock in March that has recovered from the negative effect of the pandemic will no longer be 10% in today's price.

I once hunted a REIT stock with a dividend yield as high as 14% around March/April because the price was beat down badly.
With the price recovery that most stocks have enjoyed after March, the dividend yield is much lower.

As you may know, the dividend yield of a stock is calculated by dividing the most recent dividend per share by the share price, multiplied by 100.

If you can share what stock you saw at 10% yield, we can confirm what the present yield is.

One key criteria for picking the "dividend kings" I mentioned about sharing in my earlier post is that the company must meet some common criteria.
This includes having dividend yields greater than 3%, payout ratios of less than 75% (or less than 100% for REITs), three-year average dividend growth of at least 5% and a minimum market cap of $1 billion.

OakPearl:


The thing with dividend yield is that it is not constant as it is derived from the share price per time.
A 10% dividend yield stock in March that has recovered from the negative effect of the pandemic will no longer be 10% in today's price.

I once hunted a REIT stock with a dividend yield as high as 14% around March/April because the price was beat down badly.
With the price recovery that most stocks have enjoyed after March, the dividend yield is much lower.

As you may know, the dividend yield of a stock is calculated by dividing the most recent dividend per share by the share price, multiplied by 100.

If you can share what stock you saw at 10% yield, we can confirm what the present yield is.

One key criteria for picking the "dividend kings" I mentioned about sharing in my earlier post is that the company must meet some common criteria.
This includes having dividend yields greater than 3%, payout ratios of less than 75% (or less than 100% for REITs), three-year average dividend growth of at least 5% and a minimum market cap of $1 billion.

$SDIV, $SRET

@4Play @Oakpearl Would $JETS be a good buy for the long term?

mXz6:
@4Play @Oakpearl Would $JETS be a good buy for the long term?

I tend to stay clear of the airlines as even when we start flying, they need a return to full capacity to generate decent profits as the airline business is a low profit margin business in the best of times. Airlines have also piled on more debt during this crisis which needs to be paid off. They have had, and may still have again, a short-term relief rally for just surviving but it's a troubled sector.

I would rather buy the KBW for a play on banks' long term recovery. I think they are well capitalised and may have over-provisioned for loan losses that won't materialise.

PS: No opinion on this but I have been looking for an ETF on apparel stocks as people will need to go back to clothes shopping. If you find a good one, let me know!

.

Lol seems we have a lot of bears on this forum.. I’m a bull but I personally feel it’s good to have a balanced view while approaching the market. Thanks @4play and @ovasabi1

My weekend target

To see stocks historical dividends, dividend frequency (i.e. whether quarterly or annually), upcoming dividend payment dates, dividend yield, current market cap etc., check out this website 'marketchameleon.com'.

afroxyz:
Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

Perfect! Enough of this indirect talk down on short term wins. If you're an ETF investor, brilliant. If you only invest long-term, fantastic. No one needs to keep sounding like a broken record just to force their strategy down the throat of others.

By the way, I recently sold all my short term positions(at good gains) and move all my funds to long term positions in fundamentally-sound dividend paying stocks(similar set-up that I have adopted in my Nigerian stocks since March) because I just relocated and will be very busy in the coming months.

The fact that I am now 100% long term investor does not imply that I have the best strategy. I still respect and learn from other type of investors. Kudos to bosses like YerYer, OakPearl etc. We are not in any form of competition when it comes to investment, and no one should directly/indirectly make it seem so. Do what works for you and let others do theirs in peace.

4Play:


I tend to stay clear of the airlines as even when we start flying, they need a return to full capacity to generate decent profits as the airline business is a low profit margin business in the best of times. Airlines have also piled on more debt during this crisis which needs to be paid off. They have had, and may still have again, a short-term relief rally for just surviving but it's a troubled sector.

I would rather buy the KBW for a play on banks' long term recovery. I think they are well capitalised and may have over-provisioned for loan losses that won't materialise.

PS: No opinion on this but I have been looking for an ETF on apparel stocks as people will need to go back to clothes shopping. If you find a good one, let me know!

As unbelievable as it may sound, I have made four international travels in the past weeks and I can tell you that all the airlines I travelled with were in full capacity! Same as airports!!. In fact, I'm currently in a country and touristic places are filled to unimaginable capacity. By the way, this is a country still recording daily rise in cases.

Although, I might count myself lucky because the few airline stocks that I have are already more than 60% up because I was able to buy them during March lows. However, I still feel the recovery process for the travel stocks will surprisingly be rapid.

Where you able to finally add it?

Cara12:
[color=#006600][/color]

Alright, thanks a lot. I was thinking d restriction only limits one's spending per month. I'ld keep trying anyways....though it's frustrating

Jayjaycee18:
To see stocks historical dividends, dividend frequency (i.e. whether quarterly or annually), upcoming dividend payment dates, dividend yield, current market cap etc., check out this website 'marketchameleon.com'.

Wow! Very helpful but it’s only global stocks... Thanks!

seyisanya:


Perfect! Enough of this indirect talk down on short term wins. If you're an ETF investor, brilliant. If you only invest long-term, fantastic. No one needs to keep sounding like a broken record just to force their strategy down the throat of others.

By the way, I recently sold all my short term positions(at good gains) and move all my funds to long term positions in fundamentally-sound dividend paying stocks(similar set-up that I have adopted in my Nigerian stocks since March) because I just relocated and will be very busy in the coming months.

The fact that I am now 100% long term investor does not imply that I have the best strategy. I still respect and learn from other type of investors. Kudos to bosses like YerYer, OakPearl etc. We are not in any form of competition when it comes to investment, and no one should directly/indirectly make it seem so. Do what works for you and let others do theirs in peace.

Dude, you are emotionally projecting and no one is competing with you. If you only want to read what you agree with, consider logging off the net.

I too do frequent short-term trades but having been trading since 2006, and following the market since the late 90s, I know that long-term investments tend to yield the best returns. Where are the Nigerians on the Forbes list who made their wealth trading stocks?

Here is a thought experiment: get a list of S&P500 stocks close your eyes and blindly select a stock. If you do it 10 times, you will notice that most if not all your selections have gone up since March. This doesn't mean that blindly selecting stocks is a winning strategy but that we just happen to be in a period where many stocks have gone up.

It's one thing making money over a few months/years, doing it over the long-run is another thing altogether and I doubt that anyone here has made a significant amount in short-term trades over a decade or more. There might be one or two exceptions but it's quite rare.

Pointing this out isn't advocating "my strategy" - that's nonsense. It's just highlighting an obvious reality that comes with stocks otherwise many would have given up their jobs to simply live off scalping quick profits off stocks.

People read our posts and are influenced by it. One of my first posts on this thread was a reply to a lady who later went on to buy Chesapeake and start #boycotttrove because she lost money! My message to investors/traders: be wary of thinking short-term trades are sustainable in the long run and consider indexes if you can't afford to lose money.

seyisanya:
As unbelievable as it may sound, I have made four international travels in the past weeks and I can tell you that all the airlines I travelled with were in full capacity! Same as airports!!. In fact, I'm currently in a country and touristic places are filled to unimaginable capacity. By the way, this is a country still recording daily rise in cases.

Although, I might count myself lucky because the few airline stocks that I have are already more than 60% up because I was able to buy them during March lows. However, I still feel the recovery process for the travel stocks will surprisingly be rapid.

You might fly in a plane, or to a tourist destination, that is at full capacity but US airlines in general have grounded a lot of their planes for the foreseeable future. The problem is getting all their planes flying again, making profits whilst paying down the debts they have added in this period. It's one thing for an industry to get back on its feet, it's quote another for the industry's stock prices to get back to normal.

So again, airlines are good for short-term bounces but I would rather look for other less debt-laden and high-profit margin industries to play the long-term covid economic recovery.

seyisanya:
As unbelievable as it may sound, I have made four international travels in the past weeks and I can tell you that all the airlines I travelled with were in full capacity! Same as airports!!. In fact, I'm currently in a country and touristic places are filled to unimaginable capacity. By the way, this is a country still recording daily rise in cases.

Although, I might count myself lucky because the few airline stocks that I have are already more than 60% up because I was able to buy them during March lows. However, I still feel the recovery process for the travel stocks will surprisingly be rapid.

IATA's outlook for air travel does not expect full recovery until 2024. Margins are quite slim in the industry and some airlines will not make it.

https://www.businesstraveller.com/business-travel/2020/07/28/air-travel-will-not-recover-until-2024-iata/

4Play:


Dude, you are emotionally projecting and no one is competing with you. If you only want to read what you agree with, consider logging off the net.

I too do frequent short-term trades but having been trading since 2006, and following the market since the late 90s, I know that long-term investments tend to yield the best returns. Where are the Nigerians on the Forbes list who made their wealth trading stocks?

Here is a thought experiment: get a list of S&P500 stocks close your eyes and blindly select a stock. If you do it 10 times, you will notice that most if not all your selections have gone up since March. This doesn't mean that blindly selecting stocks is a winning strategy but that we just happen to be in a period where many stocks have gone up.

It's one thing making money over a few months/years, doing it over the long-run is another thing altogether and I doubt that anyone here has made a significant amount in short-term trades over a decade or more. There might be one or two exceptions but it's quite rare.

Pointing this out isn't advocating "my strategy" - that's nonsense. It's just highlighting an obvious reality that comes with stocks otherwise many would have given up their jobs to simply live off scalping quick profits off stocks.

People read our posts and are influenced by it. One of my first posts on this thread was a reply to a lady who later went on to buy Chesapeake and start #boycotttrove because she lost money! My message to investors/traders: be wary of thinking short-term trades are sustainable in the long run and consider indexes if you can't afford to lose money.

It's not which stock you buy, its the why behind it.

Some said Friday was a bearish market.

But look at my Friday trades.

The stock got a lot burnt, because they don't know what they're doing.

I don't agree that s and p is necessarily more profitable because I have it as well.

OakPearl:


The thing with dividend yield is that it is not constant as it is derived from the share price per time.
A 10% dividend yield stock in March that has recovered from the negative effect of the pandemic will no longer be 10% in today's price.

I once hunted a REIT stock with a dividend yield as high as 14% around March/April because the price was beat down badly.
With the price recovery that most stocks have enjoyed after March, the dividend yield is much lower.

As you may know, the dividend yield of a stock is calculated by dividing the most recent dividend per share by the share price, multiplied by 100.

If you can share what stock you saw at 10% yield, we can confirm what the present yield is.

One key criteria for picking the "dividend kings" I mentioned about sharing in my earlier post is that the company must meet some common criteria.
This includes having dividend yields greater than 3%, payout ratios of less than 75% (or less than 100% for REITs), three-year average dividend growth of at least 5% and a minimum market cap of $1 billion.

What's your take on my dividend watchlist...

AGNC Invest
Armour Residential
Gladstone capital
Horizon Finance
Prospect Capital
Oxford lane capital
Stella Capital Investment
Kimco


I want to invest in 2 or 3. One residential and one financial services for dividend.

I just want to profer advice to the newbies here. Some "gurus" use demo accounts to show their gains. Some show gains in only one stock and will not show you losses for their portfolio as a whole. Some will show you gains for one day and one stock while the week/month as a whole is in red. I am happy for the genuine day traders making bag. It's not easy to be alert 24/7 doing technical analysis and being on the edge over your trades. I have been there and I know how it feels, we're all trying to survive, so I am not referring to you. I am referring to the impressionable newbies and dishonest gurus who are deliberately pushing a different narrative of day trading. I decided to stop commenting when someone here recommended Gold/silver ETFs because they're not too volatile. I will gradually limit my contribution here or stop commenting if I can, so that I don't offend anyone here. But like 4play said earlier, fact is fact.

You’re right.
I remember telling one to calm down with his screenshots. We get that you’re making gain, you don’t have to post it all the time.

Wether demo account or not, keep the screenshots or show off to yourself.

Please @ovasabi1 we appreciate your contributions here. Don’t leave biko, na beg I dey beg. We love you here, me most especially.

OvaSabi1:
I just want to profer advice to the newbies here. Some "gurus" use demo accounts to show their gains. Some show gains in only one stock and will not show you losses for their portfolio as a whole. Some will show you gains for one day and one stock while the week/month as a whole is in red. I am happy for the genuine day traders making bag. It's not easy to be alert 24/7 doing technical analysis and being on the edge over your trades. I have been there and I know how it feels, we're all trying to survive, so I am not referring to you. I am referring to the impressionable newbies and dishonest gurus who are deliberately pushing a different narrative of day trading. I decided to stop commenting when someone here recommended Gold/silver ETFs because they're not too volatile. I will gradually limit my contribution here or stop commenting if I can, so that I don't offend anyone here. But like 4play said earlier, fact is fact.

OvaSabi1:
I just want to profer advice to the newbies here. Some "gurus" use demo accounts to show their gains. Some show gains in only one stock and will not show you losses for their portfolio as a whole. Some will show you gains for one day and one stock while the week/month as a whole is in red. I am happy for the genuine day traders making bag. It's not easy to be alert 24/7 doing technical analysis and being on the edge over your trades. I have been there and I know how it feels, we're all trying to survive, so I am not referring to you. I am referring to the impressionable newbies and dishonest gurus who are deliberately pushing a different narrative of day trading. I decided to stop commenting when someone here recommended Gold/silver ETFs because they're not too volatile. I will gradually limit my contribution here or stop commenting if I can, so that I don't offend anyone here. But like 4play said earlier, fact is fact.

Lol just because you can't day trade or have lost money doesn't mean the same happens to everyone.

Infact losses are part of the day trading standards and there's no need to make it seem like it's something to hide.

There are people who make 100k in one single trade, maybe you haven't noticed.

You can learn new things with an open mind rather than being overly pessimistic and assuming about others.

I responded because I was the one who posted gain's.

4Play:


Dude, you are emotionally projecting and no one is competing with you. If you only want to read what you agree with, consider logging off the net.

I too do frequent short-term trades but having been trading since 2006, and following the market since the late 90s, I know that long-term investments tend to yield the best returns. Where are the Nigerians on the Forbes list who made their wealth trading stocks?

Here is a thought experiment: get a list of S&P500 stocks close your eyes and blindly select a stock. If you do it 10 times, you will notice that most if not all your selections have gone up since March. This doesn't mean that blindly selecting stocks is a winning strategy but that we just happen to be in a period where many stocks have gone up.

It's one thing making money over a few months/years, doing it over the long-run is another thing altogether and I doubt that anyone here has made a significant amount in short-term trades over a decade or more. There might be one or two exceptions but it's quite rare.

Pointing this out isn't advocating "my strategy" - that's nonsense. It's just highlighting an obvious reality that comes with stocks otherwise many would have given up their jobs to simply live off scalping quick profits off stocks.

People read our posts and are influenced by it. One of my first posts on this thread was a reply to a lady who later went on to buy Chesapeake and start #boycotttrove because she lost money! My message to investors/traders: be wary of thinking short-term trades are sustainable in the long run and consider indexes if you can't afford to lose money.

Take it easy with your choice of words and don't lose it yet. You don't need to be rude because I wasn't. I repeat, we're not in any form of competition and no one should make it seem so. Short, mid, long termers can all conveniently make money in the market over the long run.

Forbes' list is not a yardstick for anything, it's just a compilation of the selected few.

We are all adults here and investors should understand that they are meant to do their due diligence whenever they use stock picks from this platform.

seyisanya:


Take it easy with your choice of words and don't lose it yet. You don't need to be rude because I wasn't. I repeat, we're not in any form of competition and no one should make it seem so. Short, mid, long termers can all conveniently make money in the market over the long run.

Forbes' list is not a yardstick for anything, it's just a compilation of the selected few.

We are all adults here and investors should understand that they are meant to do their due diligence whenever they use stock picks from this platform.

Don't know why so bitter about day trading.

As if you can't do both.

Even suggesting that people should buy s and p right now when everything is trading over 52 week highs is problematic.

Like I said it's not what you buy, it's the why behind it.