Bottom in slack season after Christmas and New Year, most people will be short of liquid cash then, and the brokers on holiday in sunnier climes...
About 1000$ into ELKEM ASA which is a historically speaking decent dividend stock.
The ENSURGE MICROPOWER ASA I bought last time has gone up over 40% since purchase.
Overall this year I am at +5% including the losses of the stocks I had from before, not much in money, but I am hoping to build a strong and diverse portfolio that I can more or less forget.
The ENSURGE MICROPOWER ASA I bought last time has gone up over 40% since purchase.
Overall this year I am at +5% including the losses of the stocks I had from before, not much in money, but I am hoping to build a strong and diverse portfolio that I can more or less forget.
So you invested U$1000 to earn $50 ... in a year? 😱
The most LUDICROUS investment I ever heard of.
Even driving to a farm, buying eggs in bulk, selling them in the city, rinse and repeat, will give you WAY more than that.
And in a heaps safer and more predictable way.
Substitute eggs by any other product which can be bought and sold at profit. ANY product.
Always shaking my head in disbelief at supposed "investors" 🙄 SHEER lack of financial and commercial sense.
It has been a very bad investment year. Unless you were smart enough have Oil stocks, sell anything high tech (chip stocks), or some Treasury directs (previously ay 7% and now 9.62%), you are likely quite happy with just 5%...
Treasury Direct
If you decide to rent out an apartment or a house, and you have to purchase the house or apartment at today's value, how much would you have to spend, and what would be the return? Probably not a huge difference between that and getting dividend stocks. The house costs money, and it needs to be maintained.
It is more than likely that stock will increase in value by at least 10% in the near future. And the next expected payout for my stocks in that particular company is somewhere between 80-140$ in dividend, they are in a really good place financially despite the market.
I don't know much about investing but I am willing to place my bets, I have about 4000$ in various stocks now and getting a nice +5% on those 4000$ so far this year when everything is going to $h!+ Is not what I would consider a bad investment. There is still time for things to happen, but even if it drops 10% more that is not a big loss
It is more than likely that stock will increase in value by at least 10% in the near future. And the next expected payout for my stocks in that particular company is somewhere between 80-140$ in dividend, they are in a really good place financially despite the market.
I don't know much about investing but I am willing to place my bets, I have about 4000$ in various stocks now and getting a nice +5% on those 4000$ so far this year when everything is going to $h!+ Is not what I would consider a bad investment. There is still time for things to happen, but even if it drops 10% more that is not a big loss
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5% is a good return this year! The S&P 500 is down 23.9% for the 9 months, and bonds have had their worst year since 1788!
Overall I can still say that my small scale investments are going alright, total invested, including my initial little experiment, so far is around 2370$ and I have today just over 4000$.
One small step at a time, it is not much but it is something.
One small step at a time, it is not much but it is something.
1000 at 5% is a good deal especially if you buy a similar or the same every year. After 30 years you will have $30,000 and earn $1500 a year. Providing of course if the stock stays flat and the dividends stay the same. If the stock goes up a bit every year and the dividends go up a bit once in a while you will be laughing. Because 12 years ago bonds were paying less than 2% I put $225,000 in the stock market, mostly banks, oil and gas, real estate and utilities all which paid dividends. I reinvested most of the dividends. I now have over $500K and earn $31,000 a year in dividends and I still reinvest about a 1/3rd. every year and take out the rest to help my meager pension.
Wait...you guys get dividend as a percentage of the market price?!
We get it at the face value of the share...50% dividend is 5 Rupees per 10 Rupee face value share, the market price. is say 1900 Rupees per share.
So you got about what a day's movement in the market price as the dividend.
We get it at the face value of the share...50% dividend is 5 Rupees per 10 Rupee face value share, the market price. is say 1900 Rupees per share.
So you got about what a day's movement in the market price as the dividend.
here in Canada the dividend is per share. Quite often it is also quoted as a % of the stock price. Example if a stock is $10 and the company gives a dividend of $0.50 per share thats 5%. If the stock price goes up to $20 we still get the $0.50 per share however it is now 2.5% If the stock goes down to $5 a share (not uncommon these days) the payout is still the same $0.50 but now the percentage looks real good ie 10%. Unfortunately some companies who are not doing well will cut the dividend if they are not doing well. The goal for me is to find companies that pay a reasonable dividend, increase the dividend most years and never cut the dividend. Those companies are few and far between. The 5 big banks in Canada have NEVER cut their dividend and have paid out every year including every recession and most of them have doubled their payout approximately every 10-15 years. Another good one is Canadian Utilities. They have a 50 year history of increasing their dividend every year. https://www.google.com/search?q=can...7j0i22i30l4.7704j1j7&sourceid=chrome&ie=UTF-8
In Canada there are tax advantages for owning Canadian stocks and disadvantages for owning foreign companies
In Canada there are tax advantages for owning Canadian stocks and disadvantages for owning foreign companies
The thing is that IMHO, a good supply of Svetlana 6550s is better, for the World, that a ready supply of Stingers.
Of the FAANG stocks, only Apple doing well as of of today. The rest getting crushed....but I bet in 4-5 years, you will be quite pleased you got in at these multi year lows.
Facebook, Apple, Amazon, Netflix, Google will all be much better off in 5 years....
And don't discount those Marijuana stocks just yet...Canopy Growth went up 19% just today (yippee) as Shumer addressing federal legalization on Wednesday!!
Pass the Doritos...
Facebook, Apple, Amazon, Netflix, Google will all be much better off in 5 years....
And don't discount those Marijuana stocks just yet...Canopy Growth went up 19% just today (yippee) as Shumer addressing federal legalization on Wednesday!!
Pass the Doritos...
I´d go one step ahead and invest in companies making bomb shelters and iodine tablets.
You have to be careful about those Social Media outfits.
Apple and Microsoft still have hardware and OS businesses... but the others... do you remember AOL? It was big on its day.
The MIC, OTOH, seems to have longer legs. We always seem to need more weapons, sad to say.
Schumer? I won't get political.
Feeling a little.... Paranoid?
The Iodine will just keep you going a bit longer while your body decomposes right in front of you.
Sounds great! I can't wait.
I'm actually quite fatalistic. Today was a beautiful day, and I hope tomorrow is too. Many people (and beloved pets) have passed in my life but in the long run the joy they brought me only enriched my new relationships. One day I too will pass but my loved ones will still hopefully experience joy.
On the real tip, the threat of war is a component of the stock market.
I'm actually quite fatalistic. Today was a beautiful day, and I hope tomorrow is too. Many people (and beloved pets) have passed in my life but in the long run the joy they brought me only enriched my new relationships. One day I too will pass but my loved ones will still hopefully experience joy.
On the real tip, the threat of war is a component of the stock market.
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