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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: dan1944 who wrote (7219)8/1/2024 1:10:31 PM
From: SeeksQuality  Read Replies (1) | Respond to of 21941
 
Keep in mind, also, that I'm pig-headed stubborn and not all that smart. I can see the numbers making sense here to sell HSY and add to PEP, HRL, or NSRGY if that is your preference? For now I own all four, with HSY being the third in position size (NSRGY the smallest, partly because it is necessarily held in our taxable account). I haven't added to HSY since last year. (Okay, I added 25 shares and then sold them a month later for a minor gain. But that doesn't really count, does it?)



To: dan1944 who wrote (7219)8/1/2024 1:13:10 PM
From: mykesc2020  Read Replies (1) | Respond to of 21941
 
RE: HSY-"Soldier through, to what end? Sub par divie and sub par price accumulation? Better off in MM or CD's at the current time?"

Just my take. MM/CD do not increase payments by 15% per year, which is what HSY has done the past three years. A MM/CD has no capital gain. I purchased HSY 2x within the past 12 months at $181, so the price accumulation is 8% so far. Price appreciation 8%, expected income growth 10-15%, in less than a year--good news to me.

For the long-term, which is what I see in an HSY investment, I will take that anyway.

Now, I do have a HYSA earning 5.25%, so I agree, short term, that's cool and I love it. But it isn't going to stay that way.

My mind is very simple tho, so it helps me to segregate my equity investments and cash investments. They dont crossover for me, so my mind works and thinks differently if the focus is on equities v cash.