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re: I'm getting bored with day trading. So, I'm going to create...

Posted on 2/22/12 at 12:46 pm to
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 2/22/12 at 12:46 pm to

how about MO ? or CAG (although it's a little under 4%)
This post was edited on 2/22/12 at 1:01 pm
Posted by LSURussian
Member since Feb 2005
127021 posts
Posted on 2/22/12 at 1:12 pm to
quote:

so is it safe to assume you haven't done as well with day trading lately ? just curious

Not a safe assumption at all. I've made 29 trades in 2012 and lost money on only one trade.

Realized gains for the seven and half weeks of 2012 = $8,158.94 for an average of 33 basis points per trade.

I did a pro forma dividend portfolio spreadsheet of 17 companies which gives a yield of about 4.5% using about 1/3 of my total stocks portfolio.

I'm not going all in at one time, especially with the market where it's at today, but I'm gradually buying into some companies when they have a price pull back.
Posted by LSURussian
Member since Feb 2005
127021 posts
Posted on 2/22/12 at 1:21 pm to
quote:

how about MO ?

Yep, that's a good candidate.

My only reservation is the tobacco issue. I'm no prude but having lost both parents to smoking related diseases, I'm just not sure I can own a company that receives a large percentage of its profits from selling tobacco products.

It's a personal issue, not a financial one.
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