WoV stock portfolio
Quote: ZenKinGYou should add the ETF QQQ to your portfolio. Thank me later
Thanks ZK. I have owned QQQ for decades. Still do. I am actually pretty sure it was QQQQ when I bought it. It's heavily Amazon and Google and Apple I believe.
As far as troop's comment that 'bonds are not safe', I understand the risk. But the risk is mostly in someone else valuing the bond at lower than I purchased it, but if held to maturity I know what I'm getting. My 7 year bond I bought paying 3.25% will pay me $3,250 every year for 7 years and then the $100,000 back at the end of year 7. If I need to liquidate the bond after 3 years I could lose money if interest rates go up enough.
Quote: SOOPOOThanks ZK. I have owned QQQ for decades. Still do. I am actually pretty sure it was QQQQ when I bought it. It's heavily Amazon and Google and Apple I believe.
As far as troop's comment that 'bonds are not safe', I understand the risk. But the risk is mostly in someone else valuing the bond at lower than I purchased it, but if held to maturity I know what I'm getting. My 7 year bond I bought paying 3.25% will pay me $3,250 every year for 7 years and then the $100,000 back at the end of year 7. If I need to liquidate the bond after 3 years I could lose money if interest rates go up enough.
It's actually much more than just a tech fund with just the big tech names, it's quite a diversified fund and at such a low expense ratio cost compared to the returns it has brought over the last 5-10 years. It is averaging close to 25% a year for the last 5 years and i believe last time I checked 15% a year for the last 10 years. Even offers a dividend of close to 1%.
I was also a fan of VGT, which is a pure tech play, but id rather have a more diversified fund. Tech is not going anywhere for the next 30 years or so and so i want my fund to be primarily tech, but it sure doesnt hurt to have some healthcare or consumer defensive picks in there etc.
Quote: WizardI made these purchases on 1/5/15:
Wynn: 75 shares at $144
MGM: 500 shares at $20.50
Current values:
Wynn: $125.64 (but it did pay a $2 per share dividend recently)
MGM: $19.66
In short, I stink at picking stocks. Not just these purchases but my whole lifetime record. I'm almost as bad at the stock market as I am with women.
Let's see how I'm doing on those. I still hold both.
Wynn: $191.63
MGM: $32.32
Not bad for a little over three years! A rare stock choice that did well. Still, my advice on picking stocks is don't listen to my advice.
Quote: ZenKinGIt's actually much more than just a tech fund with just the big tech names, it's quite a diversified fund and at such a low expense ratio cost compared to the returns it has brought over the last 5-10 years. It is averaging close to 25% a year for the last 5 years and i believe last time I checked 15% a year for the last 10 years. Even offers a dividend of close to 1%.
I was also a fan of VGT, which is a pure tech play, but id rather have a more diversified fund. Tech is not going anywhere for the next 30 years or so and so i want my fund to be primarily tech, but it sure doesnt hurt to have some healthcare or consumer defensive picks in there etc.
QQQ was a great fund, but unless you believe Apple and a few other tech companies are going to keep doing what they did for the past decade, it may not be the fund for you. Then again, if you think those few stocks will mirror the past ten years, why not invest in them instead of a broader index fund.
Hi, are you restricted to which markets you can buy? UK market? UK AIM?Quote: SOOPOOI am asking for forum members, who are kind enough to, to each recommend a stock for me to buy, and I will then have a "WoV' portfolio! There are no pre-determined criteria, just that it is easy to buy on TD Ameritrade.
Last year, I was fortunate enough to buy a few thousand GBP worth of Burford Capital. They provide litigation finance and their stock is in rapid exponential ascent.
http://www.iii.co.uk/investment/detail?display=discussion&code=cotn:BUR.L&it=le
https://www.google.co.uk/search?q=burford+share+price
Switch to 1 year or 5 year view.
Made me about 35% in 7 months
I love share prices that rise exponentially :o)
I also like and hold Astra Zeneca https://www.google.co.uk/search?q=astra+zeneca+price a nice steady growth stock.
Sadly, I've sat on A LOT OF BT plc shares for 30 years. Made money in the distant past but lost tens of thousands in the last couple of years. MIGHT be ripe for a take-over by Deutsche Telekom or a Chinese Telecoms group such as ZTE. That's in a real nasty downtrend. https://www.google.co.uk/search?q=bt+share+price
The CEO of BT is coming under a lot of flak for being an incompetent idiot. I met him once 1 to 1 at a conference, when he was a mid to high ranking manager and I was a tech. A few decades ago. We were talking about malware and some of the old style desktop 'premium rate' porn dialer scams. He told me how his parents had one and had run up a MASSIVE phone bill ( bear in mind who he works for) I asked him what he'd done to get the malware sorted for his folks and he basically had no answer. That struck me as massively thoughtless, careless and ignorant. I know it's a trivial anecdote, but I guessed when he rose to be CEO that he would be no good. So far I'm proved right. Mind you, BT has had a stream of hopeless CEOs.
Quote: SOOPOOThanks ZK. I have owned QQQ for decades. Still do. I am actually pretty sure it was QQQQ when I bought it. It's heavily Amazon and Google and Apple I believe.
As far as troop's comment that 'bonds are not safe', I understand the risk. But the risk is mostly in someone else valuing the bond at lower than I purchased it, but if held to maturity I know what I'm getting. My 7 year bond I bought paying 3.25% will pay me $3,250 every year for 7 years and then the $100,000 back at the end of year 7. If I need to liquidate the bond after 3 years I could lose money if interest rates go up enough.
Actually depending on the bond you may or may not get your money back at the end. As interest rates rise there is going to be downward pressure on bond prices and the cost of financing goes up which in turn will lead to some bankruptcies.
My advice since in reality you are making less than 1% on those bonds (taxes and inflation) is to look at stocks like (using ticker symbols) GOOD (8.8% yield REIT) "O" (REIT 5% Yield) etc for higher yields and a more stable price control, reinvest dividends and compound your earnings far quicker (GOOD at 100k investment would return $695 the first month in dividends)
if you reinvested dividends for 7 years your monthly income in month 84 (of your 7 year bond) would be $1272.40 and the stock assuming no price increase would be at roughly 181k http://www.dividend-calculator.com/monthly.php?yield=8.5&yieldgrowth=0&shares=5555&price=18&years=7&do=Calculate
If you've been considering getting into the "green rush" now's a good time to do so.
I got in a little over a year or ago and while I have a couple that are slightly under, (mostly due to a large sell off in January), I also have 7 that have 100% - 600% gains.
Quote: HullabalooIn 28 days Canada is likely to approve recreational cannabis use for the entire country. (It isn't 100% sure, but pretty close to it).
If you've been considering getting into the "green rush" now's a good time to do so.
I got in a little over a year or ago and while I have a couple that are slightly under, (mostly due to a large sell off in January), I also have 7 that have 100% - 600% gains.
Yes, important vote in June. Great time to buy into the sector as a speculative play while the stocks are sold off. I have significant Holdings in Emerald and Aurora cannabis. Holding long term... but always take some profits after the first 100% return in stock and let the rest ride.
Quote: billryanHasn't pot been legal in Nova Scotia for years?
Not according to https://novascotia.ca/cannabis/
However, medical cannabis has been legal throughout the entire country since 2001.
