So if you had $50K to invest, where would you put it?

ASAP · 03-19-2020, 07:55 AM

Quote:

Originally Posted by KingOfJericho

I think people were salty with the banks because a) they were the main cause of the previous GFC and b) regular Americans don't feel any sympathy for big bank "fat cats" and view them as the enemy. Airlines and aerospace names touch most Americans in a different way and people see their function as beneficial to them. Just my $0.02.

FWIW... every airline has already been bankrupt... as far as Boeing, they f'd up massively and are about to be luckier than any one of us winning the lottery.

EricVR4 · 03-19-2020, 08:17 AM

Quote:

Originally Posted by ASAP

I would be all for government regulation on a few key items-

Pricing and Service

Set price limits on routes and provide minimum seat pitch, size etc etc... offer 100% refunds and cancellations / changes. Reorganize the boards and forbid stock buybacks for 5 years...

Then a bailout is not a problem...

Agreed. And pay their employees more (flight attendants don't get crap, among others too), instead of using all of that cash on buy-backs.

We already overpay as it is to fly with an airline, and then it compounds it when the government uses our tax money to bail them out again. It better come with some perks for us too dammit

Zara · 03-19-2020, 09:04 AM

Oil, a few solar/energy companies and AMD is what I'm looking at.

EricVR4 · 03-19-2020, 09:25 AM

Quote:

Originally Posted by Zara

Oil, a few solar/energy companies and AMD is what I'm looking at.

I'd hold off on oil for now just to see what the bottom might actually be.

In another thread (maybe this one, can't remember) I had mentioned I work for a contractor company on a BP program and that they hadn't reacted to the price drop yet.

Well, they are now. They're currently going through the portfolio of projects on our program and seeing how much money they can shift from 2020 into 2021 without having an impact on too many critical installs they need. That to me shows that they're worried enough about the slump that's happening and that they expect it to continue for a bit, but at least not last long-term. So I'd just keep an eye on the prices and don't get too tempted yet because they may keep dropping.

Zara · 03-19-2020, 01:03 PM

Quote:

Originally Posted by EricVR4

I'd hold off on oil for now just to see what the bottom might actually be.

In another thread (maybe this one, can't remember) I had mentioned I work for a contractor company on a BP program and that they hadn't reacted to the price drop yet.

Well, they are now. They're currently going through the portfolio of projects on our program and seeing how much money they can shift from 2020 into 2021 without having an impact on too many critical installs they need. That to me shows that they're worried enough about the slump that's happening and that they expect it to continue for a bit, but at least not last long-term. So I'd just keep an eye on the prices and don't get too tempted yet because they may keep dropping.

I appreciate the insight, that is good to know for us. It's always hard to catch the falling knife, but I'm starting to invest small amounts around these current prices. If it continues to keep dropping then I'm prepared to buy more at lower prices and lower my cost average.

mistapony · 03-19-2020, 01:17 PM

I have 50% of my portfolio in Amazon, so far because of that I am holding up way better than the other averages.

2000cs · 03-19-2020, 01:25 PM

When the market is high you need to pick individual stocks to win (and be good at it). When the market is bottoming, you can do fine with ETFs. Better with individual picks, again if you’re good at it, but pretty good with the ETFs alone.

MKSixer · 03-19-2020, 01:39 PM

Black market hand sanitizer, clorox wipes and N95 masks.

Too soon?

AlpineWhite_SJ · 03-19-2020, 02:14 PM

The way things are going, I’d stick it in a mattress

Humdizzle · 03-19-2020, 03:17 PM

Quote:

Originally Posted by mistapony

I have 50% of my portfolio in Amazon, so far because of that I am holding up way better than the other averages.

same here. I don't have much in stocks... only about 3 months worth of salary. But 50% is amazon and 50% is google. I guess not diversifying in this case helped us out.

Glad I didn't jump on board with the tesla bandwagon in January/February when people were saying it was about to pass 1000 any day. now its down to the 400s.

edit: hmmm might not be a bad time to jump on board with tesla now that I think about it

Bimmer Nerd · 03-19-2020, 03:42 PM

Quote:

Originally Posted by Zara

Oil, a few solar/energy companies and AMD is what I'm looking at.

Quote:

Originally Posted by EricVR4

I'd hold off on oil for now just to see what the bottom might actually be.

In another thread (maybe this one, can't remember) I had mentioned I work for a contractor company on a BP program and that they hadn't reacted to the price drop yet.

Well, they are now. They're currently going through the portfolio of projects on our program and seeing how much money they can shift from 2020 into 2021 without having an impact on too many critical installs they need. That to me shows that they're worried enough about the slump that's happening and that they expect it to continue for a bit, but at least not last long-term. So I'd just keep an eye on the prices and don't get too tempted yet because they may keep dropping.

Which oil stocks/companies are you guys looking at? FANG & XOM are ones I'm considering. Shell is a good one as well, pays a nice dividend.

Quote:

Originally Posted by Humdizzle

same here. I don't have much in stocks... only about 3 months worth of salary. But 50% is amazon and 50% is google. I guess not diversifying in this case helped us out.

Glad I didn't jump on board with the tesla bandwagon in January/February when people were saying it was about to pass 1000 any day. now its down to the 400s.

edit: hmmm might not be a bad time to jump on board with tesla now that I think about it

I still don't think Tesla is at the bottom just yet. Their value currently is around the same time as December 2019 when it was on a huge uptick. I'd wait till they can get the factory re-opened again. They're meeting with the Sheriff's today I believe.

Zara · 03-19-2020, 04:55 PM

Quote:

Originally Posted by Bimmer Nerd

Which oil stocks/companies are you guys looking at? FANG & XOM are ones I'm considering. Shell is a good one as well, pays a nice dividend.

Mostly Shell and some XOM. The dividends are beautiful.

MisterF80M3 · 03-19-2020, 05:07 PM

Quote:

Originally Posted by Bimmer Nerd

Which oil stocks/companies are you guys looking at? FANG & XOM are ones I'm considering. Shell is a good one as well, pays a nice dividend.

I still don't think Tesla is at the bottom just yet. Their value currently is around the same time as December 2019 when it was on a huge uptick. I'd wait till they can get the factory re-opened again. They're meeting with the Sheriff's today I believe.

Quote:

Originally Posted by Zara

Mostly Shell and some XOM. The dividends are beautiful.

You guys do know that dividends can get cut any time right? Especially with their stock losing 50%++ in value.

Ford suspended dividends today and BA is considering it.

Jordan's World · 03-19-2020, 05:18 PM

Quote:

Originally Posted by MisterF80M3

You guys do know that dividends can get cut any time right? Especially with their stock losing 50%++ in value.

Ford suspended dividends today and BA is considering it.

Would you mind briefly explaining how to tell if a company pays dividends? In other words, how will I know if there is a dividend associated with the purchase of a certain company stock?

For example; let's say I purchase a single share of BMW stock tonight. Should I expect a dividend payment if there is a gain between now and next quarter?

Appreciate it,
Jordan

IllSic_Design · 03-19-2020, 07:53 PM

Quote:

Originally Posted by Jordan's World

Would you mind briefly explaining how to tell if a company pays dividends? In other words, how will I know if there is a dividend associated with the purchase of a certain company stock?

For example; let's say I purchase a single share of BMW stock tonight. Should I expect a dividend payment if there is a gain between now and next quarter?

Appreciate it,
Jordan

If it's a public company, search for its stock symbol on Google. Look for “Div yield” (dividend yield). If it's above zero, then the company pays dividends.

AlpineWhite_SJ · 03-20-2020, 01:30 AM

Quote:

Originally Posted by Jordan's World

Would you mind briefly explaining how to tell if a company pays dividends? In other words, how will I know if there is a dividend associated with the purchase of a certain company stock?

For example; let's say I purchase a single share of BMW stock tonight. Should I expect a dividend payment if there is a gain between now and next quarter?

Appreciate it,
Jordan

If they have a declared dividend, then you have to buy and hold until the ex-dividend date. During earnings, they usually detail or reiterate the dividend amount and declare that share holders with shares held through that date will receive it.

Bimmer Nerd · 03-20-2020, 12:01 PM

Quote:

Originally Posted by MisterF80M3

You guys do know that dividends can get cut any time right? Especially with their stock losing 50%++ in value.

Ford suspended dividends today and BA is considering it.

I understand these are unprecedented times, but Shell hasn't missed a dividend payment since WWII.

I think they have the cash flow to weather the storm in the long run.

AlpineWhite_SJ · 03-20-2020, 03:24 PM

Quote:

Originally Posted by Bimmer Nerd

I understand these are unprecedented times, but Shell hasn't missed a dividend payment since WWII.

I think they have the cash flow to weather the storm in the long run.

There’s a lot of things that’ve happened this week that haven’t happened since WWII, or EVER really..

ASAP · 03-22-2020, 11:38 AM

So ummmm.... combined with a Virus who that actually understands economics is worried?

Littlebear · 03-23-2020, 11:12 AM

Quote:

Originally Posted by Bimmer Nerd

I understand these are unprecedented times, but Shell hasn't missed a dividend payment since WWII.
I think they have the cash flow to weather the storm in the long run.

Suspended dividends:
Ford
BA
Marriott
Darden
8 banks
Delta
Macys

LeveragedTiger · 03-23-2020, 05:58 PM

Quote:

Originally Posted by Bimmer Nerd

I understand these are unprecedented times, but Shell hasn't missed a dividend payment since WWII.

I think they have the cash flow to weather the storm in the long run.

You really need to quantify potential free cash flow generation with oil at $25-30/bbl though.

In all likelihood their dividend will be cut to a fraction of what it is now.

NorCalAthlete · 03-23-2020, 06:13 PM

At this point, if I had $50k to burn I'd buy $SPY puts. We're nowhere near the bottom with cases skyrocketing by the day.

https://www.arcgis.com/apps/opsdashb...23467b48e9ecf6

Over 30,000 confirmed cases added just today. Spain has 10k fewer cases but 1700 more deaths, and we have a bunch of idiots from Florida and such just coming home off of spring break, soon to infect their communities and families. We're running low on medical supplies, and universities / hospitals across the US are building makeshift stations in parking garages, stadiums, and auditoriums in anticipation of an increase in patients.

03-19-2020, 09:04 AM	#157
Zara Lieutenant 687 Rep 488 Posts Drives: 2025 M340i Join Date: Jun 2017 Location: Chicago iTrader: (1)	Oil, a few solar/energy companies and AMD is what I'm looking at. __________________ 2025 M340i xDrive /// Dravit Grey - Tacora Red
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03-19-2020, 01:17 PM	#160
mistapony Enlisted Member 28 Rep 30 Posts Drives: 2016 Tanzanite/Opal Comp M3 MT Join Date: Sep 2018 Location: Denver iTrader: (0)	I have 50% of my portfolio in Amazon, so far because of that I am holding up way better than the other averages.
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03-19-2020, 01:25 PM	#161
2000cs Major 4260 Rep 1,019 Posts Drives: Potato Join Date: Feb 2012 Location: USA iTrader: (1)	When the market is high you need to pick individual stocks to win (and be good at it). When the market is bottoming, you can do fine with ETFs. Better with individual picks, again if you’re good at it, but pretty good with the ETFs alone.
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03-19-2020, 01:39 PM	#162
MKSixer Lieutenant General 34169 Rep 11,637 Posts Drives: 2015 BMW i8, E63 M6, 328d Join Date: Jun 2015 Location: Southeast United States iTrader: (0) Garage List 2016 M4 GTS (Allotted) [0.00] 2013 BMW 328d [0.00] 2007 BMW M6 [10.00] 2015 BMW i8 [10.00]	Black market hand sanitizer, clorox wipes and N95 masks. Too soon? __________________ Several actors have played James Bond, Sean Connery IS James Bond... Sir 7ewis, 7X FIA Formula One World Championship, World Driving Champion. 100 Wins. 101 Pole Positions. 54 Fastest Laps. Actual Rain Master. Leave me to it, Bono. One Race Win in each of his 15 years in F1. Most Laps Led in Formula One. The Centurion.
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03-19-2020, 02:14 PM	#163
AlpineWhite_SJ Banned 1567 Rep 1,024 Posts Drives: 2018 F80 M3 ZCP, 2020 F97 X3MC Join Date: Sep 2017 Location: Bay Area, CA iTrader: (0)	The way things are going, I’d stick it in a mattress
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03-22-2020, 11:38 AM	#173
ASAP Major General 11708 Rep 9,471 Posts Drives: '23 X3 M40i Join Date: Sep 2012 Location: FL iTrader: (0)	So ummmm.... combined with a Virus who that actually understands economics is worried?
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03-23-2020, 06:13 PM	#176
NorCalAthlete Lieutenant Colonel 3412 Rep 1,739 Posts Drives: '23 M4CX - Tanzanite / Tartufo Join Date: Aug 2014 Location: Bay Area, CA iTrader: (0)	At this point, if I had $50k to burn I'd buy $SPY puts. We're nowhere near the bottom with cases skyrocketing by the day. https://www.arcgis.com/apps/opsdashb...23467b48e9ecf6 Over 30,000 confirmed cases added just today. Spain has 10k fewer cases but 1700 more deaths, and we have a bunch of idiots from Florida and such just coming home off of spring break, soon to infect their communities and families. We're running low on medical supplies, and universities / hospitals across the US are building makeshift stations in parking garages, stadiums, and auditoriums in anticipation of an increase in patients.
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