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re: Taking a bath today

Posted on 6/18/21 at 3:28 pm to
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79292 posts
Posted on 6/18/21 at 3:28 pm to
quote:

Dang what a week



Only good news is I'm playing with house money. Got FCX in the $7 range, RCL and WWE in the $30s.

My newer acquisitions are down but have good dividend yields and modest debt loads so I'll still be ok in the long run.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15836 posts
Posted on 6/18/21 at 4:13 pm to
quote:

My newer acquisitions are down but have good dividend yields and modest debt loads so I'll still be ok in the long run.


Bought what i thought were low violity high divendend stocks to get away from all this madness and im watching these drop as well good times
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 6/18/21 at 4:31 pm to
Yeah a very odd week. Tech stocks holding up better than rest of the market even in the face of so much inflation news.
Posted by el Gaucho
He/They
Member since Dec 2010
58515 posts
Posted on 6/18/21 at 4:38 pm to
quote:

RCL and WWE in the $30s

Only invest in companies with products you use amirite
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21082 posts
Posted on 6/18/21 at 4:54 pm to
I mean a good bit of this — I think — is somewhat “normal” in June end of quarter “quad witching” — mutual fund rebalancing time etc.

Let’s see what happens after a couple down days … SO FAR nothing outrageous other than some swing trades getting wrecked
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79292 posts
Posted on 6/18/21 at 8:23 pm to
quote:

Only invest in companies with products you use amirite



You're joking but that's how I got into KSS. Bought something from their website and liked the site in general. They have a good enough online presence to survive long term. That's not so much an investment strategy. More like it puts the company on your radar.

Never been on a cruise, but cruise fans are hardcore and RCL had a low enough debt load to still be here after the pandemic.
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