Stock Market Thread

I don't do as much active trading as I used to do. Getting older and more conservative in my investments.

I've always liked Ford stock as a dividend play. As a growth strategy it's not been that good lately. But since you got in on a good dip, good for you. I blew it on Ford back in 2008. After the crash the price went down to the mid $2 range and I didn't buy. Kicking myself ever since.

Don't know much about Rite Aid but it looks like you got in at a great time.

Most of my investing is for long term. I got an Edwards Jones account just after the crash and have done very well with it. Basically buy and hold within American Funds and Franklin-Templeton, with reallocating and shifting into/out of market sectors. Yes, I know they use front-loaded funds, but their best funds beat the S&P 500 and the fund expenses are relatively low and after eight years fully amortized into my costs.

American Funds Fundamental Investors and Franklin DynaTech are the two funds I'm most heavily invested in. Also am big into American Funds New Economy and New Perspectives, Franklin Utilities and Franklin BioTechnology. I've cleaned up on FINGX thanks to one good year, the Franklin India fund, but I don't have much money in it. It's coming back this year too.

In my TD Ameritrade account I bought into Wendy's right after they came out with the pretzel style bun, summer of 2013. I bought in at $5.75. When it got over $10 a share in early 2015 I sold half my shares, kept the other half of my shares. Google WEN to see where I'm at on my $5.75 shares.

I also did JC Penney (JCP) about the same time as Wendy's. Did pretty good on that one too, made about 35% in a bit over a year. This was when they were going through a reorg. I think they are going down for good this time though.

I had planned on making GTE, an oil stock, a short play when oil prices plummeted back in 2014. But oil stocks haven't really rebounded. I've seen my buy price slightly exceeded a couple of times but right now I'm down about 15%.

As for my speculative plays I'm also into ASX, PJP. They are static, though promising. Not as speculative but still meant to be short term is PKW and DWAS.

I love, love, love the Pimco Income Fund. I'm in PONDX. Boring monthly dividend payer but I dare you to find a better income fund out there. That's where I shift my gains from my equity funds and equity trades. It hasn't lost money since 2008, and even then it only lost 5.8% and it's 10 year annualized return is 8.86%. I can't think of a safer play with higher returns. I also use American Funds Income fund and Templeton Global bond fund as safe plays.

Oops, looks like I went on a bit here. I enjoy investing but there aren't many here on BB that talk about it. Crabtownboy is another investor that I know of on here.

 

Very nice day at Ford. GST, like a lot of smaller energy stocks have needed to borrow money to finance operations the past several years. They're not in too deep yet but they could reach a tipping point if commodity prices don't pick up. Be careful. (I'm in the same boat with GTE. Thought it would be a short play and now I'm stuck.)

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We don't play the stock market as our financial planner takes care of all that. We stay conservative for most of our retirement funds. We lose very little but it comes back in time. Can't afford to play the stock market on our retirement funds.