40500 Dow, 23000+ TSX. No complaints today....
12.65% dividend??? Damn. Is that even sustainable?I am cautiously optimistic and bought another 200 shares of my 12.65% dividend paying real estate stock today.
...even though I fully expect a serious correction in real estate prices and a housing glut in the near to mid term.
It pays monthly, so at least if I need to sell, I have been collecting the entire time.
I left a little on the table with
AMZN
MSFT
But did great on LLY (strong quarterly results). And ok BSX
401K also best it’s been but no thanks to me! I moved a bunch out of the S&P last November and missed out on that initial JPOW spike the following month.
Let’s see what happens tomorrow and NVDA earnings is next week I think.
happy hunting
I am losing what I thought was a good income stock next month since the company was/is being bought out by a private company. Care to share the company name and symbol? I thought 7% was good with the previous holding I had.I am cautiously optimistic and bought another 200 shares of my 12.65% dividend paying real estate stock today.
...even though I fully expect a serious correction in real estate prices and a housing glut in the near to mid term.
It pays monthly, so at least if I need to sell, I have been collecting the entire time.
i
^^^^^^ The main real issue I see was the out of control Biden spending trying to prop up the economy and stay out of a recession.
So why did Biden drop how many trillion in his "inflation " bill? Why did Fed drop rates yesterday? Back when GDP was neg, 2 consecutive quarters means nothing? Just wondering.There is absolutely no sign of recession
I edited previous post to you.So why did Biden drop how many trillion in his "inflation " bill? Why did Fed drop rates yesterday? Back when GDP was neg, 2 consecutive quarters means nothing? Just wondering.
Housing availability on both sides of our border is a real drag on middle and lower incomes. A booming economy is a hard sell when a lot of folks spend more than 30% a month just for a roof over their heads. Recreational 2nd homes, air bnb, corporate landlords, building regulations, the cost of logging, and REITs are all major contributors to the supply issue. My $0.02 the economy has a perception issue.
In an Objectivist kinda way, I think producers of innovation and inventors of things that raise the standard of the species deserve whatever the market will bare. The delta between CEOs and the worker bees however is a troubling precedent that will be difficult to walk back from.Totally agree no-one in the boardrooms should be making $100 million salary with perks, without paying decent taxes, nevermind "option" bonuses etc.
They've made enuff off the middle class, and it's hurting those of us, - apparently paying higher proportional taxes than millionaires!
Making millions and paying $850 in personal tax, and donate it to the country, my ***.
Everytime you read/hear the word "tariffs", -
Think - "I pay those at the cash register".
Everytime something lands on a receiving dock, there will be a newtariffs on the bill.
Everytime the cash register rings. There will be several tariffs accumulated to that item, since it landed on our shore, tariffs that weren't there before.
Think about it . You pay the tariffs, everyone.
"I collected $100 trillion in tariffs from China my *** ! !
We paid that $100 trillion and wonder why our cost of living is so high . .? ?
The rich will still be widening rivers to get their yachts to the ocean.
Some just want to eat and educate their family.
Others want you to pay for their Caribbean cruises on their yacht. Airfares to exotic "private" estates .
They prob pay less than $1000 income taxes each year as well.
"Good accountants" save you more than they cost. (They own yachts too).
The rich want to stay rich, and vote that way,
I just want to feed and educate my families,
I vote to Tarrif the crap outta the rich, and leave us reg folk alone, <$400k yr.
.jmo
In an Objectivist kinda way, I think producers of innovation and inventors of things that raise the standard of the species deserve whatever the market will bare. The delta between CEOs and the worker bees however is a troubling precedent that will be difficult to walk back from.
Question is..How low can Boeing go?I topped up Ba Boeing last week, planes have stopped crashing, lotta drone use, should be good to go, blasted off today . . till . .
LYV Live Nation looking good, event season coming .
Added to ULTA, see if it goes back to $500ish.
Bull mkts back .
Question is..How low can Boeing go?
Some say it will take 5 years for them to rebound. Wanna hold onto a dismal stock that long?