reallocating my IRA today

Kohls? everything I read is about retraction of brick and mortar. SHLD closing, FINL dying, NKE focusing online, LULU took a beating yesterday because they are essentially just a store in a mall if they lose that 'apple' level cool factor
 
slogg said:
Kohls? everything I read is about retraction of brick and mortar. SHLD closing, FINL dying, NKE focusing online, LULU took a beating yesterday because they are essentially just a store in a mall if they lose that 'apple' level cool factor
Click to expand...
Kohl's has an active online presence and their stores occupy a unique niche. However, this is a short term play - I don't like this company enough to hold it a long time - I just want to try and catch a bounce back. If I could get 20% out of it in a year or two that would be inline with my expectations.

If there is any pick you should be questioning its TGT. I am actually going to remove this from my list and I'm starting to exit my positions that I already held. They're just doing so awful that I have been thinking maybe a bounce back may not happen for a while. They've kind of fucked themselves. What is Target's niche now? It used to be kind of a classier Walmart - they were cheap, but still pretty nice stores, a few steps up from the trash that is Walmart (I kind of hate Walmart, but even if I didn't, I don't like them as a buy) ... anyway that's off topic. Target fucked up bad when it comes to food. Walmart is the biggest supermarket in the nation. Have you ever been to Target's grocery department? Pretty sad. They have also been raising prices and now they're kind of in a weird place where they are trying to attract middle/upper middle class shoppers but they really don't do anything other places can't. The only reason I initially considered them is because they've been growing their divided huge for the last decade. I like that a lot but 1) they won't cut the dividend but they can't keep up with their 24% annual increases
2) I think for a short term investment, dividend growth rate really isn't important because there's just not enough time to get the compounding big.

(sorry thinking aloud right now)

So scratch TGT.

I typed up a bunch of me rambling on about cash equivalent instruments for my liquid savings (conclusion: you really can't do much better than 1% APY right now in low risk, high liquidity choices (MM, Savings Acct) In the past I've used bond funds but those aren't doing well enough either, plus when the fed increases the rates again bonds might get beat up a bit.

Um, so I'm just looking for a portfolio for the short term (2-5 years) that I can get about 7% out of a year. That wouldn't be that bad. Of course, I think I can beat that, but since my timeline is shorter, it would be stupid to do anything risky. Since the 4 stocks I have so far already make about 3% yield, I just need to get another 4% to meet my goal. Seems modest. The reason I like these stocks is because they're so beat up right now. Remember back in 2009 when the market was in the shitter? If you purchased stock back then, you've been pleasantly surprised with our current bull run. Same kind of concept here, buy what's on sale, then hope the overreaction is corrected by the time I want to take the money out.

so I think I'll do some more research tonight to see if I can come up with a replacement for TGT.
 
Hmm. Interesting.

Only individual stock I own is my employer's. The company give us the opportunity to buy stock and if the stock is held for at least 1 year we receive a 20% premium on the amount paid. I understand the risk that if the company had trouble both job and investment are in jeopardy. But I typically sell & rebuy after a year to limit the amount held and reset the premium, unless the stock has devalued (which it has yet to do since I started). At current market price I'm up 40% on total invested, not counting the premium checks.

401k is targeted, Roth is index. I was considering changing the 401k to index as well but it has been performing really well (17% 2016) and the only index option available was through Vanguard (have not kept up with the court case).
 
Last edited:
i killed the stock market for a few months

i got a few warnings for pattern trading then suspended a few times on optionhouse

i am naturally good @ everything but i ducked out quick and filed chap 7 recently

i used tehvuls alchemy book 2 cast my optionhouse day trades in 2 silver and buried them in a well and drink the water to cleanse
 
naptown said:
i killed the stock market for a few months

i got a few warnings for pattern trading then suspended a few times on optionhouse

i am naturally good @ everything but i ducked out quick and filed chap 7 recently

i used tehvuls alchemy book 2 cast my optionhouse day trades in 2 silver and buried them in a well and drink the water to cleanse
Click to expand...

is that a joke? cuz, according to dare, you're like some algo quantopia intraday wizard.
 
some hospital is tryin 2 bang me out of 200k for kidney surgeries that included a ureter stent when i was insured

they denied my claims, for no reason, med bills were my only real debts, no school loans or ne thing. file chap 7, wait your 90 days, and start putting shit back in your name now that they cant hit u w/ the liens and build credit. LOL blockonomics
 
i find algo trading easy in the same way u let a girl bet on a football game for you just for fun

when you dont really care about loss you make riskier plays and they hit for me

i bought 20k essi at .29 and watched it tumble a few weeks, went to pull it out and my account was suspended so i was like w/e

checked it again, last week and saw 4 something LOL

spaghettios nigga
 
Rayn said:
Kohl's has an active online presence and their stores occupy a unique niche. However, this is a short term play - I don't like this company enough to hold it a long time - I just want to try and catch a bounce back. If I could get 20% out of it in a year or two that would be inline with my expectations.

If there is any pick you should be questioning its TGT. I am actually going to remove this from my list and I'm starting to exit my positions that I already held. They're just doing so awful that I have been thinking maybe a bounce back may not happen for a while. They've kind of fucked themselves. What is Target's niche now? It used to be kind of a classier Walmart - they were cheap, but still pretty nice stores, a few steps up from the trash that is Walmart (I kind of hate Walmart, but even if I didn't, I don't like them as a buy) ... anyway that's off topic. Target fucked up bad when it comes to food. Walmart is the biggest supermarket in the nation. Have you ever been to Target's grocery department? Pretty sad. They have also been raising prices and now they're kind of in a weird place where they are trying to attract middle/upper middle class shoppers but they really don't do anything other places can't. The only reason I initially considered them is because they've been growing their divided huge for the last decade. I like that a lot but 1) they won't cut the dividend but they can't keep up with their 24% annual increases
2) I think for a short term investment, dividend growth rate really isn't important because there's just not enough time to get the compounding big.

(sorry thinking aloud right now)

So scratch TGT.

I typed up a bunch of me rambling on about cash equivalent instruments for my liquid savings (conclusion: you really can't do much better than 1% APY right now in low risk, high liquidity choices (MM, Savings Acct) In the past I've used bond funds but those aren't doing well enough either, plus when the fed increases the rates again bonds might get beat up a bit.

Um, so I'm just looking for a portfolio for the short term (2-5 years) that I can get about 7% out of a year. That wouldn't be that bad. Of course, I think I can beat that, but since my timeline is shorter, it would be stupid to do anything risky. Since the 4 stocks I have so far already make about 3% yield, I just need to get another 4% to meet my goal. Seems modest. The reason I like these stocks is because they're so beat up right now. Remember back in 2009 when the market was in the shitter? If you purchased stock back then, you've been pleasantly surprised with our current bull run. Same kind of concept here, buy what's on sale, then hope the overreaction is corrected by the time I want to take the money out.

so I think I'll do some more research tonight to see if I can come up with a replacement for TGT.
Click to expand...
I've been using MNA recently for a cash equivalent lately.
I figure its market neutral, long/short, that is basically broadly picking up the nickels between settlement price of M&A and current price. it's not the cheapest fund but it's been directionally what i've looked for
 
Falhawk said:
I think you're right and I'll check it out

I also have a ridiculous pension though :)

Also post more wtf man
Click to expand...
2 kids, looking to buy a house back nearish rayn, spend more time posting to reddit then anywhere else.

Still visiting maine though for vacation... probably going up to the lake in May & again in August
 
MNA? What's the APY like compared to a money market? Gotta be better ...

Interesting choice ... hard to see how that thing could lose money really...

At first I thought you meant you were doing M&A arbitrage plays and I was like oh dear god. You know, when people buy a stock where a merger has been announced, but there's uncertainty that the deal will close, people hop on the stock and hope to make some money in the arb. I used to do that shit and I made a lot of money on it, but I lost most of it when I thought "holy shit this is printing money" only to have 3 deals go south in a month.

It didn't help I was buying options to leverage the arb amount... oh dear
 
Rayn said:
MNA? What's the APY like compared to a money market? Gotta be better ...

Interesting choice ... hard to see how that thing could lose money really...

At first I thought you meant you were doing M&A arbitrage plays and I was like oh dear god. You know, when people buy a stock where a merger has been announced, but there's uncertainty that the deal will close, people hop on the stock and hope to make some money in the arb. I used to do that shit and I made a lot of money on it, but I lost most of it when I thought "holy shit this is printing money" only to have 3 deals go south in a month.

It didn't help I was buying options to leverage the arb amount... oh dear
Click to expand...
I suspect it'll be around 3%, but it's not stable value

MNA : Summary for IQ Merger Arbitrage ETF - Yahoo Finance

It's a little like the merger arb but without less actual closing risk and diversified across an entire index. Still hasn't been around for very turbulent times, but seems to be a decent vehicle

Also Interest rates suck for liquid in general.
 
Last edited:
I invested in porn... made a killing and didn't catch anything!

Invest in the markets you know...
 
that would depend on your timeline.

i replaced my TGT with a mix of the stocks I listed earlier (kohls, exxon ... couple others) that I think are good come back picks for the next 2 years.
 
You must log in or register to reply here.
Back
Top