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Post by MoBuckChaser on Feb 27, 2018 6:41:13 GMT -6
I did, and after using the expense calculator, switched a couple funds, went with the low cost index fund westbranch suggested VTSAX. Only .04 in commission. Also switched and went with a low cost tech index fund VITAX, and the healthcare fund that I had planned on VHCIX. Got maybe one more possibly two more funds to go yet. VHDYX High yield dividend, and VUIAX a Utility fund to go. Scraped the 2/3rds bond fund at my age yet, going to go for more yield. Will wait another 10 years before we start switching to bonds. Hope that don't come back and bite me in the ass! LOL! We only have 33 percent in bonds right now. We weathered the market correction better than most with only 6.5 percent drop and after yesterday should have gained all of that back. Yep. I am willing to take the chance for another 10 years that the market will do better than bonds. But I probably will never use all this investment money anyways. I always talk about retiring, but am to stupid to do it. Just can't up and quit for some reason.
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Post by Tooln on Feb 27, 2018 6:45:53 GMT -6
Lately I've been buying silver and putting it in the safe. You won't have a big enough safe to make any money..... It's not a money making thing. Just something that can be turned into cash fast. The grand kid's also think it's neat to get bars of silver as gifts.
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Post by MoBuckChaser on Feb 27, 2018 6:47:28 GMT -6
You won't have a big enough safe to make any money..... It's not a money making thing. Just something that can be turned into cash fast. The grand kid's also think it's neat to get bars of silver as gifts. Everything in life is money making, you don't let your old lady go to work for free do you?
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Post by Bwoods11 on Mar 3, 2018 8:33:47 GMT -6
Been looking at UPS stock $107 a share...??
3.45% dividend ...
I think Fed EX and UPS have great futures
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Post by sd51555 on Mar 3, 2018 10:02:45 GMT -6
Been looking at UPS stock $107 a share...?? 3.45% dividend ... I think Fed EX and UPS have great futures For a dividend stock, I think there are better options. UPS looks good now, but the retail landscape is rapidly changing, and with that, the way those goods are delivered will change. Below is an analyst opinion I found downplaying the "Amazon risk" and I think it's foolish to doubt Amazon. In there, Amazon is only 4-6% of UPS's low margin revenue now. But realize that Amazon is taking new market share the size of something like Target corporation every 9 months. Even if you believe that UPS can withstand Amazon, doesn't mean the other shareholders will. I had my shit handed to me on SFM when Amazon bought Whole Foods, and so did every other publicly traded grocer. There's also the general risk of unions, pensions (I assume they have pensions), and fuel prices. Might be a decent one to own for a while, but there will come the headline one day that will clobber a stock like this. Look at PFE and CVX before you buy UPS. www.bloomberg.com/news/articles/2017-10-05/amazon-is-said-to-test-own-delivery-service-to-rival-fedex-ups
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Post by Bwoods11 on Mar 3, 2018 11:41:22 GMT -6
I hear ya— gonna watch it, I think it will always be a strong company long term. If it drops a bit might buy...
Good point on the pensions, that is something I’ll research. Thanks
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Post by wklman on Mar 3, 2018 11:55:46 GMT -6
I wouldn't want to bet against UPS. They're one of the most efficient and forward moving companies I've ever seen. Even in Obama's downturn economy they were raking in billions of dollars.
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Post by Bwoods11 on Mar 3, 2018 12:01:34 GMT -6
I wouldn't want to bet against UPS. They're one of the most efficient and forward moving companies I've ever seen. Even in Obama's downturn economy they were raking in billions of dollars. I agree, Amazon could hurt them but they have quite a system for transportation. Fed Ex is another option but not as high if dividend. I’m looking for something fairly safe and 3% or more return. Boeing might be another one to look at, but seems pricey right now.
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Post by Foggy on Mar 3, 2018 12:03:42 GMT -6
^^. All good points above. What would concern me is: Where is the GROWTH going to come from? In business......if your not growing your dying. Getting 20% YOY growth from a transportation company of this size is hard to do.
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Post by sd51555 on Mar 3, 2018 12:42:56 GMT -6
I wouldn't want to bet against UPS. They're one of the most efficient and forward moving companies I've ever seen. Even in Obama's downturn economy they were raking in billions of dollars. I agree, Amazon could hurt them but they have quite a system for transportation. Fed Ex is another option but not as high if dividend. I’m looking for something fairly safe and 3% or more return.Boeing might be another one to look at, but seems pricey right now. That's a narrow band. I don't consider any company yielding over 4% "safer." I think the prospects are much better in something yielding 2% and growing their payouts by 10-20%/year. You can usually find companies are reliably growing in that band too.
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Post by Foggy on Mar 3, 2018 14:07:33 GMT -6
I wouldn't want to bet against UPS. They're one of the most efficient and forward moving companies I've ever seen. Even in Obama's downturn economy they were raking in billions of dollars. I agree, Amazon could hurt them but they have quite a system for transportation. Fed Ex is another option but not as high if dividend. I’m looking for something fairly safe and 3% or more return. Boeing might be another one to look at, but seems pricey right now. I own a piece of Boeing. Been a Stellar stock to own. Just gotta watch fuel prices or big travel bans / or limited travel due to bomb scare - etc. Never know what's next anymore. Check out the run 3M has had too. Not sure of the dividend right now.
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Post by MoBuckChaser on Mar 4, 2018 10:17:14 GMT -6
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Post by sd51555 on Mar 4, 2018 10:45:01 GMT -6
Good. Plenty of other taxes generated and paid thanks to their existence.
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Post by MoBuckChaser on Mar 4, 2018 10:49:24 GMT -6
Good. Plenty of other taxes generated and paid thanks to their existence. No not good! I pay in a new fucking truck, they can pay in a whole fleet!
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Post by Foggy on Mar 4, 2018 21:00:49 GMT -6
A national sales tax on the mail order biz would make for a huge drag on Amazon. Quite surprised that has not yet happened.
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