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Talking stocks, trading, and investing in general - Page 702

post #10516 of 11182
Quote:
Originally Posted by Piobaire View Post

Just looked at the overall portfolio return this weekend and we are at 11.2%. Not a jaw dropper compared to some of you guys but that's a nice raw dollar number on the total portfolio. Having substantial cash to deploy this January really helped as I bought a big chunk of VOO around $171 in Jan and then another chunk for just under $170 in March.

If I could get 11.2% every year I'd be a very happy camper.


Wouldn't we all?

post #10517 of 11182
Anyone understand what's happing with RRD today?
post #10518 of 11182
Quote:
Originally Posted by Piobaire View Post

Just looked at the overall portfolio return this weekend and we are at 11.2%. Not a jaw dropper compared to some of you guys but that's a nice raw dollar number on the total portfolio. Having substantial cash to deploy this January really helped as I bought a big chunk of VOO around $171 in Jan and then another chunk for just under $170 in March.

If I could get 11.2% every year I'd be a very happy camper.

I'm up 9.12% for the year. Looks like small cap and emerging markets really buoyed my portfolio this year (I was 1/3 weighted on bonds).

Outside of index funds I've been trying to shift over to more Blue chip / dividend buy-and-hold strategy (mainly to teach myself some fundamental skill sets about investing and find a nice middle between passive investing and pure speculation).

Just came into a nice $5k windfall that I'm hoping to invest this fall…XOM, JNJ, TGT WMT are all on my short list.

WFC is another option, I think the scandal will blow over really quick (I bank there and haven't noticed anything different about foot traffic on in-store morale.

VMVIX (Vanguard Mid-cap value fund investor) would be my Roth IRA indexing option.
post #10519 of 11182
Quote:
Originally Posted by idfnl View Post

Anyone understand what's happing with RRD today?

 

Google is showing a 1:3 split but the pricing makes it look like it's only a 1:2 split.  I assume it fixes itself tomorrow maybe

post #10520 of 11182
Quote:
Originally Posted by jbarwick View Post

It has been fun watching your strategy MC.  I forget, do you use a program to help scan for possible trades or do you just look around?

I trade using Questrade but in terms of anything else, no, not really. I have about 100 alerts set up, some just as canaries and others that I'd get into at the right level. I just look at overall peaks and valleys from the past 1-3-6 months and occasionally 12 months and get a sense of where things generally bottom out and where they sell off and I pick a range that's within that. I buy down in steps and sell off in steps and in my opinion the trick is knowing when to get out and take any winnings instead of holding out for something bigger. I often leave money on the table but I always take at least some with me. I scan news fairly often too since again, a lot of these companies move on speculation/sentiment.

I've pared back my total number of stocks to about 10-15 at the max and if a few come up like 5-10% from here I'll cut them and will be back to about 10-12 total companies. I stick to a narrow list of industries that tend to move a lot becuase they're based on high multiples or speculation. So I'm into oil/gas/solar, tech, media, biotech, and airlines. I sometimes also buy the industry index too and then add in 2-3 companies. So for example in Biotech I have a bit of IBB as the index, then a lot of GILD as my big, BMY as my mid, and EPZM as my small. For airlines I have AAL, LUV, and DAL. For media I have NFLX and DIS. I'm pretty much out of tech but just grabbed some HIMX recently and hope to flip it quickly on a recovery since it dropped about 20% in a day. For oil/gas/solar I don't have any majors. I have GLF (ouch), SPI (huge ouch), and FSLR (was huge ouch, now just sorta ouch). And then a few REITS which I'm waiting to buy back into heavily. NLY, NYRT, LXP, CLDT, BKD, HHC and the likes, so covering commercial, residential, and healthcare, more or less.

Quote:
Originally Posted by idfnl View Post

Anyone understand what's happening with RRD today?
Anyone know what's happening with NFLX today? Was up 4.5% which is pretty notable and no news I can see.
post #10521 of 11182
Quote:
Originally Posted by Master-Classter View Post

Anyone know what's happening with NFLX today? Was up 4.5% which is pretty notable and no news I can see.

They might be an acquisition target in the next two weeks.

http://www.bloomberg.com/news/articles/2016-10-03/netflix-rises-on-takeover-speculation-as-quarterly-earnings-loom
post #10522 of 11182

Ah ha moment of the day which is actually a positive for my returns.  So I have been using the IRR calculation in Excel but a little quirk was throwing a gremlin in my returns.  My current YTD return is actually 8.5% and last years return which I previously thought was 1.9% was actually 4.5%.

 

Weird Excel Issue and how I was using IRR:

Beginning Balance in A1 as a negative, Additions in A2 as a negative, Ending balance in A3 as a positive.  A4 is the formula =IRR(A1:A3,1).  Having my additions in A2 throws my return off calculating the wrong return.  I have now change my calculations to reflect this.

 

I am an idiot.

post #10523 of 11182
Remember-- IRR gives you credit for allocating to your account at a fortunate time.
But if you want to measure your management skill on the money that is actually in your account, you need to do time-weighted return. There's a reason that mutual funds and institutional managers never use IRR in their reported returns.
post #10524 of 11182
Quote:
Originally Posted by jbarwick View Post

Google is showing a 1:3 split but the pricing makes it look like it's only a 1:2 split.  I assume it fixes itself tomorrow maybe

Thanks, ya I saw some crazy pricing and couldn't understand it.
post #10525 of 11182
Just noticed I've got a bit of cash sitting around in my IRA...

post #10526 of 11182
Bought DB at open. The news has gotten just bad enough. Worst case the Duitsers bail it out. That dividend is looking tasty at 6.7% even if it is suspended for a year.
post #10527 of 11182

I heard on CNBC on the drive in that the NFLX pop yesterday was from potential acquisition interest from DIS.  DIS is being linked to some interesting companies!

post #10528 of 11182
Quote:
Originally Posted by jbarwick View Post

I heard on CNBC on the drive in that the NFLX pop yesterday was from potential acquisition interest from DIS.  DIS is being linked to some interesting companies!

Not surprised, they have to do something to replace all that revenue their losing with the switch away from cable.
post #10529 of 11182
post #10530 of 11182
Quote:
Originally Posted by idfnl View Post


Systems of unethical behavior don't just appear on a middle rung and flourish downwards. It's why you don't find nation states that are rotten at the top and ethical below, or the reverse. Nation states, like large corporations, find common understanding and cultivation of beliefs when enclosed. Wells Fargo employee's behavior at this order of magnitude can only point to a organization that reflects the same characteristics at the top that it does at the bottom, meaning in essence it's impossible for that many people to be involved and it go unnoticed above. Therefore the incentives become irrelevant because it's just an accepted way of doing business in their culture.

You might even say you need to burn the village to save it.


This is not in line with my corporate experience. I've seen every kind of combination you can imagine of corruption/ethics.

 

Even in the cleanest companies sales organizations are always suspect. High numbers and minimal supervision lends to corruption.

 

Using your logic, if I let someone give me a kickback to accept a lower price on a deal the organization must be corrupt, not just me.

Quote:
Originally Posted by lawyerdad View Post


I'm not entirely sure what this means. That at a certain point up the corporate ladder the success or failure of the cross-selling initiative was so insignificant that it would have been a matter of indifference?
 

Yup.

 

We're not talking cross selling overall, but savings account cross selling which is not a revenue generator.

 

If some of our reps are shipping contact lens try on kits to an empty warehouse to make their numbers, would the CEO know about it? Or reasonably expected to know about it? It's not a profit driver and so far down the ladder it becomes a very obscure item.

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