Stock discussions

[former]

21 hours ago, Konebhar6 said:

Its important to book profits once in a while, otherwise market eppudu padthado teleedu.

Its not advisable to touch 401K at this moment. I tried to time the market lost the greatest capital appreciation almost 40%.

Once your age hits 50 or 55+ start adding new money to bonds only and rebalance slowly.

[Konebhar6]

48 minutes ago, former said:

Its not advisable to touch 401K at this moment. I tried to time the market lost the greatest capital appreciation almost 40%.

Once your age hits 50 or 55+ start adding new money to bonds only and rebalance slowly.

Agree on 401k but not for stocks. Profit booking is important.

[former]

15 hours ago, Konebhar6 said:

Agree on 401k but not for stocks. Profit booking is important.

Ok. I guess it also depends on the stocks. Next year is the election year & we don't know we are are top on the market.

[Vaaaampire]

Last trading day of year… always blood bath

[LadiesTailor]

3 hours ago, Vaaaampire said:

Last trading day of year… always blood bath

Yeah sold 3000$ worth junk to show losses… cleanup time is over for the year 

[nvssr]

@Konebhar6 Bro - nee excel sheet lo GOF fund 17% didvidend but keep going down - but don't see any negative news - Dentlo invest cheyacha slow ga? what's your take

[Konebhar6]

Just now, nvssr said:

@Konebhar6 Bro - nee excel sheet lo GOF fund 17% didvidend but keep going down - but don't see any negative news - Dentlo invest cheyacha slow ga? what's your take

GOF and PDI are Income based funds. Search on these words in this forum. You will find more info posted by me.

They move inverse to interest rates. They bottomed when 10-yr yeild peaked a month and half back. Read more on it and make a decision yourself. I do have positions in both GOF and PDI. 

[Hitman]

On 12/31/2023 at 2:59 AM, Konebhar6 said:

GOF and PDI are Income based funds. Search on these words in this forum. You will find more info posted by me.

They move inverse to interest rates. They bottomed when 10-yr yeild peaked a month and half back. Read more on it and make a decision yourself. I do have positions in both GOF and PDI. 

A whopping 17% dividend 😟. How these funds will make money? Throw some light please?

[Konebhar6]

8 hours ago, Hitman said:

A whopping 17% dividend 😟. How these funds will make money? Throw some light please?

They invest in High Yield corporate bonds and bank loans, asset backed securities, cash loans, etc both in US and International. Most of their investments are not "AAA or AA or A" credit quality. So they get better rates of return from these investments. Mostly "BBB/BB/B" Credit quality. Also rates of return or interest rates in other countries are much higher compared to USA. They also make money on trades, etc. Sometimes when the NAV (Net Asset Value) is not performing well, they pay dividends via return of capital which are usually tax-free.

PDI is a better fund compared to GOF. 

[rokalibanda]

boku m@nda stock market dec lo vachina profits anni last 3days lo gunji 10garu

[Konebhar6]

Its amazing how market movers change the narrative to their advantage. DEC antha Interest rate hikes have paused and will come down ani FED statement ni assume chesi they increased market. 

Now they say the sentiment that Interest rates will come down has died down and is the reason to hammer the market down.

Fed's policy or statements remained same during the time. 

[Spartan]

1 hour ago, Konebhar6 said:

Its amazing how market movers change the narrative to their advantage. DEC antha Interest rate hikes have paused and will come down ani FED statement ni assume chesi they increased market. 

Now they say the sentiment that Interest rates will come down has died down and is the reason to hammer the market down.

Fed's policy or statements remained same during the time. 

no...meeting minutes lo narrative change aindi ani ochindi @Konebhar6  anduke

[Konebhar6]

See how these Financial companies tries to cheat investors. I have seen this pattern from so many years. See below evidence.

Stock -> MPW (Medical Properties Trust REIT). Go to Yahoo Finance and search for it.

3 days back there is an article from Motley Fool with the title "3 compelling reasons Medical trust properties could rocket higher in 2024". https://finance.yahoo.com/news/3-compelling-reasons-medical-properties-101900401.html

Today its down 30%. They have $350 million write down. Just read the article where they mentioned all the problems with the medical hospitals and tenants are resolved and today this news.

Be careful with any recommendations. Do your own diligence before buying. 

[Konebhar6]

Another proof. 

Catalyst Pharmaceuticals (CPRX) A biotech company -> It plunged 10% today on news of public offering of 10 million shares raising. 

See the article from Zach's 2 days ago "How to boost your portfolio with top medical stocks set to beat earnings" https://finance.yahoo.com/news/boost-portfolio-top-medical-stocks-140007015.html

They also had another +ve article 19 days ago. 

[Hitman]

@Konebhar6 too much pumping today? are we expecting something catastrophic with Thursday CPI report?