- This topic has 27 replies, 8 voices, and was last updated 10 years, 7 months ago by
CA renter.
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February 13, 2014 at 10:56 PM #770931February 14, 2014 at 2:48 PM #770956
CoronitaParticipant[quote=exsdgal][quote=flu]Maybe I’ll short 200 shares of qualcomm just for completeness so some of you piggs will be able to afford your million+ homes when it passes $100/share…
And no worries, I’m sure we’ll see VLP go over $50 now and VLO go to $60…. Since obviously, it happens..after I sell….
Kinda like NXP Semiconductors which is over $50 now…[/quote]
FWIW until few years ago I followed zacks and valueline for my stock investments. Both of these were helpful for building my portfolio. Though my transactions were simple… no shorts/options etc. Zacks was from a for fee subscription, while I utilized county library for VL.
This said I am no longer actively vested in stocks… for lack of both funds and time!
Happy investing….[/quote]
I’m taking more of ucgal’s indirect advice in what she posted awhile ago.. Put stuff into indexes and forget about it until I really need it…
At least that’s what I’ve been doing partly…That and holding onto some cash in case any any short sales goes my way…
February 14, 2014 at 2:50 PM #770955CoronitaParticipant[quote=ucodegen][quote=flu]Lol. Sure. Though I don’t own either VLO or VLP anymore…. Sold VLO around 52.5 and sold VLP around 46 about 2.5 weeks ago….
Now I get to wait for the nice tax bill.[/quote]
Much better than having a loss/loss carryover. I’ll keep an eye on those two to see if the history repeats. I had BSTE(Biosite) quite a while back. Picked it up near the bottom before it got bought out. A lot of naked shorts on that one, that did not want to admit their screwup. Nice gain (big tax bill). I’ve had RMD for the run up too.. got too much of it (too large of a % of my portfolio – increases the risk too much). I should have re-allotted my account when I saw it at 55.
[quote=flu]Maybe I’ll short 200 shares of qualcomm just for completeness so some of you piggs will be able to afford your million+ homes when it passes $100/share…And no worries, I’m sure we’ll see VLP go over $50 now and VLO go to $60…. Since obviously, it happens..after I sell….
Kinda like NXP Semiconductors which is over $50 now…[/quote]Interesting that you are considering shorting QCOM. I recently looked at S&Ps rating for QCOM.. using their ‘star’ rating.. it was 5, effectively a ‘buy’ rating. I’ll be looking into their 10K/Qs soon.
I’ll take a look at NXP in the next week or so.[/quote]
Damnit.. I told you so.. I’m totally the contrarian indicator…
1. vlp 37.38/share after hitting all time high of 38.10
2. nxpi 55.60, after hitting 52week high of 56.24…Need I say more?
I was kidding about shorting qcom. It’s just that I figure if I did things would go up, and I would like to make my friends richer who either work there or own shares….
February 14, 2014 at 9:04 PM #770991exsdgal
Participant[quote=flu]
I’m taking more of ucgal’s indirect advice in what she posted awhile ago.. Put stuff into indexes and forget about it until I really need it…At least that’s what I’ve been doing partly…That and holding onto some cash in case any any short sales goes my way…[/quote]
Nice! Haven’t caught up with the forum lately… ucgal’s advice definitely sounds good.
I started late in the stock market (post dot com) and after some time at Ameritrade, eventually found buyandhold – a perfect combination for my lazy investing style 🙂 Most importantly I couldn’t go wrong with the limited trading features, and yet maintaining some flexibility to experiment in the market. For most part followed zacks focus list (~ 50 stocks) to help find sectors, and periodic research to balance the roth account.
February 16, 2014 at 11:05 AM #771028ucodegen
Participant[quote=flu]Damnit.. I told you so.. I’m totally the contrarian indicator…
1. vlp 37.38/share after hitting all time high of 38.10
2. nxpi 55.60, after hitting 52week high of 56.24…Need I say more?
I was kidding about shorting qcom. It’s just that I figure if I did things would go up, and I would like to make my friends richer who either work there or own shares….[/quote]
It looks like you are worrying too much about the short term. Be careful of buying into momentum (successive new highs).VLP = master limited partnership, not your normal common stock. It’s only ‘real’ value is tied to dividends it pays. It also has a tax advantage, but considering the dividend size on this one, it really won’t factor.
http://www.investopedia.com/terms/m/mlp.asp
Doesn’t make me feel comfortable.. will still look a bit more into it later. Would want the prospectus from this partnership to really look into it. Want to know their holdings.
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NXPI = Cash flow (operating activities) is lumpy, most recent year has a sizable increase over last. Most recent quarter drop concerns me. Need to look into it. Most recent year shows operating loss, big portion of it under ‘Total Other..’ which doesn’t make me feel good. If it is that big, bigger than other expenses.. is shouldn’t be ‘other’. Most recent quarter also shows a big sucking ‘other’.
Will look a bit more.I actually use TDameritrade.. I am not your ‘lazy’ investor.. but I am not a ‘day-trader’. Tried day-trading for a bit, did just ok, but I didn’t like seeing my trades being front-runned. Level 2 quotes allowed me to see the trade ‘stack’, and I saw it happening.
April 28, 2014 at 7:26 AM #773422CoronitaParticipantI’m out vlo today…
$57.75
VLP is $42.. Drat…
Me thinks the markets are going to rally and I never outperform the index funds consistently when the markets are rising, so me thinks I’m going to exist my own positions and get behind more indexes the next dip….
Time to pay down the loans on my recent rental that was 100% financed lol…
April 28, 2014 at 10:02 AM #773425The-Shoveler
ParticipantReally you’re finding stuff that can be financed at today’s rates and prices and still be positive?
April 28, 2014 at 10:04 AM #773426CoronitaParticipant[quote=The-Shoveler]Really you’re finding stuff that can be financed at today’s rates and prices and still be positive?[/quote]
Nope. Just using my heloc at 3% for 20 years….
April 28, 2014 at 5:11 PM #773468CA renter
Participant[quote=flu][quote=The-Shoveler]Really you’re finding stuff that can be financed at today’s rates and prices and still be positive?[/quote]
Nope. Just using my heloc at 3% for 20 years….[/quote]
Is it a fixed rate or variable rate HELOC?
April 28, 2014 at 7:20 PM #773473CoronitaParticipant[quote=CA renter][quote=flu][quote=The-Shoveler]Really you’re finding stuff that can be financed at today’s rates and prices and still be positive?[/quote]
Nope. Just using my heloc at 3% for 20 years….[/quote]
Is it a fixed rate or variable rate HELOC?[/quote]
20 year variable pegged to prime -.25% with the maximum capped @ 6%
April 29, 2014 at 12:48 AM #773486ParticipantThat’s a good rate. Like the 6% cap.
May 2, 2014 at 7:36 AM #773695CoronitaParticipantBoy did I royally eff up on this one…. I should have kept both vlo and vlp
vlo@59
May 3, 2014 at 1:18 AM #773712ParticipantAll gains are good gains. 🙂
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