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tomlongrpv (71.13)

How to Buy in this Market?

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April 07, 2013 – Comments (13) | RELATED TICKERS: BBBY , MTNOY

I have a bit of cash lying around getting nothing in return.  This happens each year around this time in my pension fundand is higher because I sold off a couple of long term losers that couldn't manage to get ahead of 2009 purchase prices. 

 Soo that now?  I have purchased some dividend paying blue chips--e.g. BA, UTX and CAG but I am just not thiking of much else.  Maybe BBBY?  Again on the rationale that a company my wife likes might do well.  Or how about MTNOY?   Risky I am sure but a cheap investment for a few hundred shares.

Any creative thoughts on there?  Also feel free to comment on which items in my portfolio I should dump.  The portfolio shown here is a real life portfolio.

 

tomlongrpv

13 Comments – Post Your Own

#1) On April 07, 2013 at 1:53 PM, HarryCarysGhost (99.69) wrote:

Holy Cow!!!

That's quite a bit of stocks you own there, I hope your a millionare, otherwise your practicing deworsefication.

Of the two stocks you mentioned, MTNOY looks like the more interesting candidate. Potential growth there.

JMO

Best of luck.

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#2) On April 07, 2013 at 4:33 PM, L0RDZ (84.32) wrote:

I know it's  not  exciting  but  one  of  my  better  investments  which pays  a  dividend  each  month  is  pgf...

PGF...

 

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#3) On April 07, 2013 at 4:59 PM, anchak (99.84) wrote:

What is the tearing hurry to invest ?? The market's running away - is it?

Wait - its bound to give 5-7% - have a list and go shopping.

Best

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#4) On April 07, 2013 at 8:23 PM, tomlongrpv (71.13) wrote:

HarryCarysGhost If I am too fragmented then what would you sell?  I have already sold off a few positions.  Teva and Bano Santander are my current losers but they may not be the right ones to sell if indeed I need to sell any.

The portfolio shown on this site started at about $250,000 in 2008 and with growth and some additions each year it is now about $630,000.  I have other investments in mutual funds and bonds. The porftfolio here is about 30% of my total investments.

I have an order in for a little of MTNOY.  My first African stock.

LORDZ I don't get the attraction of ETFs.  Maybe you can explain.

anchak Maybe that is the right answer with some of the money.

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#5) On April 07, 2013 at 9:45 PM, HarryCarysGhost (99.69) wrote:

HarryCarysGhost If I am too fragmented then what would you sell?

I would start with GS, ROS-A, YUM, COH, BA, HNZ.

I have a reason for each of those sell calls but please don't take my advice.

I'm just a jackass that likes to invest and follow many stocks.

Cheers.

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#6) On April 07, 2013 at 10:50 PM, rd80 (98.45) wrote:

An investing question for a blog topic!  Excellent!

First, some qualifiers - I'm not a professional and this is my opinion, not investment advice.  Also, when it comes to investing, I like boring - not necesarily creative.

The 24 stocks on your CAPS profile look like a pretty good mix.  If these are all real-life holdings, I'd (as in me, not necesarily you) would start to be concerned about the time to follow all of them and look to trim down by a few holdings, e.g. compare HON and EMR and consolidate into one. Same with GS and BLK and others where you've got multiple holdings in the same industry.

Some of the stocks I like in your list are MMM and EMR.  I like YUM, but like (and own) MCD better.

I see HNZ and liked it, but with the acquistion, time to consider declaring victory and selling.  I'd take a look at Smucker (SJM) as a replacement.

Three areas that still trade at reasonable valuations and aren't heavily represented in your scorecard are tech, telecom and healthcare.  My real life holdings in those areas are Intel, AT&T and Becton Dickinson.  Boring dividend payers and I plan on adding to all three as new money becomes available.

Hope that's helpful.

 

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#7) On April 07, 2013 at 11:07 PM, tomlongrpv (71.13) wrote:

HarryCarysGhost Well I just bought BA so I am likely to hand on and I am not sure COH has peaked.  RDS-A is weak.  As to YUM what would you replace it with? rd80 states the obvious choice and I have been thinking of that for a while.

As for HNZ I will get the money soon enough so no hurry.

rd80 Interesting thought on consolidation.  I'd likely dump GS then for more BLK and dump ELR for more MMM.  What do you think?

Thanks for helping me!  One more lawyer retiring a little bit earlier if we succeed.  That's a good thing, right?

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#8) On April 07, 2013 at 11:46 PM, reddingrunner (95.28) wrote:

I use ETF's in special situations- emerging markets (many of the best stocks aren't readily available to individual investors (look at ASEA, EEMV, ECON, also - VNQI and if you want to take a bit of a gamble- DXJ), biotechs (individual companies are a gamble- up or down based on how the trials turn out, but the industry is a winner- put some money in XBI).

I also like KKR, WHR, SRT, NRF, CLMT, PTP 

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#9) On April 07, 2013 at 11:50 PM, awallejr (83.97) wrote:

Seems like you are doing fine.  Personally I would concentrate on higher yielders.  You could yield 8-10% off your holdings.  PVR, MMLP, BWP, AINV, PSEC, ARCC, BBEP, AGNC, NCT, FIG, BX, KKR just to name a few.

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#10) On April 08, 2013 at 2:06 PM, Teacherman1 (57.22) wrote:

tomlongrpv

"Teva and Bano Santander are my current losers but they may not be the right ones to sell if indeed I need to sell any"

I don't follow Teva, so I have no thoughts on that, but I would not sell SAN. It will drop some tomorrow (going ex-dividend), so your loss (assuming you bought it at the price you are showing in CAPS), would be even greater.

They are not going out of business, and in time will get back up to your price, and exceed it.

Unless you have a reason to sell, other than to free up cash to  invest elsewhere, which is does not sound like you need to do, you would be better off just waiting.

If anything, I would buy some more after the drop to lower your cost basis.

It's your money, so you need to make your own decision, but I would hold and add.

JMO and worth  exactly what I am charging for it.

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#11) On April 08, 2013 at 4:29 PM, Mega (99.96) wrote:

If taxes are not a concern, I'd suggest selling some of your biggest winner, HRL. It looks a bit expensive at 21x trailing earnings.

I don't see the appeal of continuing to hold HNZ. It is an arbitrage trade and you are presumably not an arbitrageur. At this point you only own it out of inertia, which is not a good reason to own something.

Overall I think you have a solid looking portfolio.

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#12) On April 08, 2013 at 7:20 PM, HarryCarysGhost (99.69) wrote:

HarryCarysGhost Well I just bought BA so I am likely to hand on and I am not sure COH has peaked.  RDS-A is weak.  As to YUM what would you replace it with? rd80 states the obvious choice and I have been thinking of that for a while.

Oh, man I wish you would of asked me this question a few months ago. Sticking with the food provider sector, I'll recommend the same stock I told my Father to buy @ around $35.

Even though I don't think it's as cheap now you still would be making out with this swap.

YUM trades for $67.33 yielding (2.0%)

GIS trades for $48.70 yielding (3.1%)

So more shares, higher yield what's not to love.

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#13) On April 08, 2013 at 7:37 PM, HarryCarysGhost (99.69) wrote:

(Sorry, I can't resist...._)

 

DON'T PANIC!!!!!

 

http://247wallst.com/2013/04/08/bird-flu-outbreak-threatens-yum-brands/?source=motleyfool,

 

;)

 

 

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