Buying the dips in UPS stock over the last 3 years has not been a winning strategy.Bought UPS in the dip.
FWIW Jim Cramer just advised a caller not to buy UPS. FedEx is a better choiceBought UPS in the dip.
But yet I'm not panicking and I haven't even tried logging into my Charles Schwab account
Why?
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FWIW Jim Cramer just advised a caller not to buy UPS. FedEx is a better choice
It’s the five minutes that stumps meUpdate on how my system worked the last 2 days. Friday it was up 0.26% and today up 0.39%. I took profits of 10% to 30% from bond bulls and stock bears.
I then divided those gains in half. I put 50% into a treasury floating rate ETF. With the other 50% I took advantage of fractional trading and split evenly between 14 investments. The magnificent 7 and 7 Reits. Each of the Reits are different than the others. Warehouse, Medical, Data Centers, Communication Towers, Apartments, Storage and Cannabis Real Estate.
I will do this every day the market falls and I have profits over 10%. Then when the market turns back up, I will do the same with bond bears and stock bulls and buy the bond bulls and stock bears with the profits.
Takes me 5 minutes a day.
UPS closed at $156.90 on 8/3/2020. UPS closed today at $126.02.Made me +$10K over the last 4 years. Flight to quality.
Update on how my system worked the last 2 days. Friday it was up 0.26% and today up 0.39%. I took profits of 10% to 30% from bond bulls and stock bears.
I then divided those gains in half. I put 50% into a treasury floating rate ETF. With the other 50% I took advantage of fractional trading and split evenly between 14 investments. The magnificent 7 and 7 Reits. Each of the Reits are different than the others. Warehouse, Medical, Data Centers, Communication Towers, Apartments, Storage and Cannabis Real Estate.
I will do this every day the market falls and I have profits over 10%. Then when the market turns back up, I will do the same with bond bears and stock bulls and buy the bond bulls and stock bears with the profits.
Takes me 5 minutes a day.
Yep, buy on the lows. I paid $126 and change for a performer that pays a dividend. I'll put that horse in my stable.UPS closed at $156.90 on 8/3/2020. UPS closed today at $126.02.
Performer? UPS is still in a solid 3-year downtrend and at a 4-year low. Sure, it pays a 5.17% dividend, but the capital losses over the last 3 years (even with every purchase at the bottom of a dip) far outstrips the dividends. That is a dog, not a horse, and certainly not a thoroughbred.Yep, buy on the lows. I paid $126 and change for a performer that pays a dividend. I'll put that horse in my stable.
Where did you put your money yesterday?Performer? UPS is still in a solid 3-year downtrend and at a 4-year low. Sure, it pays a 5.17% dividend, but the capital losses over the last 3 years (even with every purchase at the bottom of a dip) far outstrips the dividends. That is a dog, not a horse, and certainly not a thoroughbred.
If dividends from a quality performer is your goal, a stock like Western Union is a much, much better choice -- 8.28% dividend yield with a relatively consistent price where you might actually get all your investment back when you sell.
Bought UPS in the dip.
Open letter to society: Please stop acting like a bunch of foolish 4 yr-olds. The SP500, #1 index of the lgst and bestest stock mkt in the world fell by < 3% after rising by 31% in the prev 9 months. OMG! Plunge! Plunge! Jumpin Jabronis Batman.Stocks plunged across the world Monday
There's a REIT for cannabis RE? I mighta heard that at one point, but LOL. You say "Medical". I assume you mean "Healthcare", cuz I can't imagine buying 7 REITs w/o one of them being healthcare. And that seems like a heckuva lot of diversification for a portfolio that is already hugely diverse.7 Reits. Each of the Reits are different than the others. Warehouse, Medical, Data Centers, Communication Towers, Apartments, Storage and Cannabis Real Estate.
Did you read my other posts? I BOUGHT yesterday.Open letter to society: Please stop acting like a bunch of foolish 4 yr-olds. The SP500, #1 index of the lgst and bestest stock mkt in the world fell by < 3% after rising by 31% in the prev 9 months. OMG! Plunge! Plunge! Jumpin Jabronis Batman.
Why? Most investors are playing follow-the-leader with blindfolds on. The current generations of investors are used to living in a HEAVILY managed economy, so give them a hint that their beloved "managers" are incompetent, and POOF, confidence evaporates.
It was Monday. People tend to wake up cranky & maybe hungover on Mondays. But there was no nfl last Sunday, so mostly cranky and generally slow.
I don't like Mondays. I don't like Mondays. I wanna shoot all those stocks down. Shoot em all down.
this stuff is not hard to automate. I'm sure one of the on-line brokers has most of that set up as a configurable "Strategy In A Box".It’s the five minutes that stumps me
I am replying to the constant brain-deadening links to mass media nonsense. I can't imagine reading such crap. Even the headlines give away the Jumpin Jabronis nature of itDid you read my other posts?
You're right, automation is easy. What is difficult is getting access to the market first. Trades are made in microseconds and trading houses pay millions to get access to reduce latency.this stuff is not hard to automate. I'm sure one of the on-line brokers has most of that set up as a configurable "Strategy In A Box".
When the CEO of IBM said the world would need about 5 computers, one of them was for that. Another was for playnig pong. The other 3? Got me?