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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (34118)	9/6/2022 8:30:43 PM
From: Rarebird	2 Recommendations Recommended By E_K_S RWS Read Replies (1) \| Respond to of 34328

However you decide to trade or invest is fine with me. I wish everyone the best. And I would never do what you do in terms of providing the minute details of my portfolio or trades. If people don't believe you, that's their problem. In the end, you have only yourself to answer to. I like to give others a heads up in terms of my macro calls and a few of my individual longs and shorts. I use to provide more specifics in terms of price points and add ons, but one day I had someone on SI who obviously bought a Chinese stock I recommended flip out a bit when the stock fell about 7% one day after being up about 20% the previous month, asking me what he should do in panic, should he sell. At that point, I realized that I did not want that type of commitment to someone here on SI so I began to become more general and less price specific - though when I post a long or short, it is on the day I executed the trade. And I do usually post a chart that accompanies the trade. You would be surprised how lazy some people are or they just don't have the time to do their own research and they will blindly follow someone else's picks. My way of posting longs and shorts, with a chart and/or brief explanation is meant as a starter for the person on SI to follow up and do some research on their own. I am also quite clear that my orientation these days is short term, 1-3 months ( maybe a little longer) and there is a stop in place to prevent a major drawdown. That is how I operate and I do quite well in bull and bear markets.

To: Steve Felix who wrote (34118)	9/8/2022 6:14:15 PM
From: Thehammer	1 Recommendation Recommended By E_K_S Read Replies (1) \| Respond to of 34328

I would like to interject a cautionary word. In some cases both parties can be right even though they have opposing viewpoints. A major objective of DGI is stable and growing income. You will most likely achieve that with a well-diversified portfolio, but if we have a major correction, there will be opportunities to buy at lower prices. I sold off a good portion of my low yielding high growth companies such as SCH, ECL ACN etc. They had very high PE ratios. In a correction these are likely to be hit a lot harder than some of the more stable companies. Having been through several major corrections, this seems to rhyme with the 70's as well as 07-09. DGI usually do much better in a correction but still decline. China, Europe as well as the USA all seem to have issues. Lots of small businesses are no longer in business particularly in states that had prolonged shutdowns. Small business always has been an engine of growth for us. Inflation / stagflation is also a concern as well as rising interest rates. A tenet of DGI is remain invested although I take issue with the fully part. Bear markets seldom end without capitulation, and we have not seen the level of pain associated with past declines and we also have a new set of investors who have never experienced it. I am not advocating total liquidation, but I'd be extremely careful on committing new funds and to which companies. Selling fairly deep OTM puts on selective stocks may be a decent strategy.