[quote=Reality][quote=sdrealtor]Dow up about 10% since this post. Nasdaq up closer to 20%. Like the say. Don’t drink the water in Mexico. Glad I didn’t
YTD trading portfolio not as good as Coronita. Up 30%.
YTD long term conservative dividend/total return portfolio. Up 8%[/quote]
Outside of some small trades after getting out in 2009, I went back all-in 2011/2012 on high quality dividend stocks as that was the only place to find yields. It provided the solid 3-4% returns I was looking for. These stocks included LLY, HD, JNJ, KMB, MCD, MRK, MDLZ, RPM, T, VZ among others. In the ensuing years many other people decided to do the same and the portfolio produced very significant capital gains on top of the income I bought them for. I still hold most of those stocks today having reinvested most of the dividends. In that same portfolio I always kept a fair amount of cash waiting for opportunties like this Spring and of course I had some underperformers though not many.
In late Feb/early Mar I saw an opportunity to add high quality companies paying extraordinarily high dividends for companies of this caliber and/or very undervalued IMO including ABBV, AVGO, JPM, MSFT, QCOM, UPS and APPL. I added or significantly increased positions in them. All have done extraordinarily well except JPM. Cant win em all.
In my short term trading account I mostly trade 3X leveraged ETF’s while holding onto a few long term holds I bought between 2015 and 2018 including APPL, FB, GOOG, HD and NVDA. I also bought AYX in the teens based upon a past client working there. Rode it up to $180 but its back down around $120. If I had a crystal ball I wouldve taken some more profits there.
I have been very successful trading those ETF’s the last 4 to 5 years with one exception which was last year on the 3X gold etf’s. When they went up I was short and when they went down I was long. If I had done the opposite last year Id probably be on a island somewhere but here I am.
