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SWBI good buy at $8.18?
- Thread starter davans
- Start date
No.
It's dropping because S&W forecast further drops in sales this fall. Stock value would rise if sales skyrocketed. If Trump doesn't completely ruin Vance's prospects, we're looking at 12 years of a Republican White House. Sales aren't going to skyrocket any time soon.
If you were just going to buy and hold for the dividend, and assuming they maintain the dividend with failing sales, you're looking at less than 7% return. Any low fee index fund will beat that without the risk of buying a single stock.
It's dropping because S&W forecast further drops in sales this fall. Stock value would rise if sales skyrocketed. If Trump doesn't completely ruin Vance's prospects, we're looking at 12 years of a Republican White House. Sales aren't going to skyrocket any time soon.
If you were just going to buy and hold for the dividend, and assuming they maintain the dividend with failing sales, you're looking at less than 7% return. Any low fee index fund will beat that without the risk of buying a single stock.
don't buy Any individual stocks, ever. Buy mutual funds. Trust me, you will thank me later.
Buying individual stocks without insider information is straight gambling. You could get better odds playing blackjack. I've got individual stocks that are up thousands and hundreds of percent. I've got enough losers that those are canceled out. Index funds and agency bonds have given me major gains.
Thanks for the responses.
I am mostly invested in date specific mutual funds 2030, 2035. I do have a portion sitting in a money market doing nothing. I was thinking of buying some stocks with those funds.
My past experiences with stocks has proven to be less than stellar. Just poking around for something interesting to with the money market funds.
I am mostly invested in date specific mutual funds 2030, 2035. I do have a portion sitting in a money market doing nothing. I was thinking of buying some stocks with those funds.
My past experiences with stocks has proven to be less than stellar. Just poking around for something interesting to with the money market funds.
SPAXX has returned 4.3% over the past year. There's nothing wrong with keeping some in cash like that, steadily gaining interest as a hedge. Depends on what you think the actual rate of inflation is.
Some people believe you should add a crypto position. FBTC is an easy way to do that. I don't actually understand crypto.
The rules are changing. Supposedly they going to make it easier real estate within retirement accounts. That's going to be a big deal. I'm going to look at buying a rental property through a retirement account. Avoiding taxes that way would be huge.
Some people believe you should add a crypto position. FBTC is an easy way to do that. I don't actually understand crypto.
The rules are changing. Supposedly they going to make it easier real estate within retirement accounts. That's going to be a big deal. I'm going to look at buying a rental property through a retirement account. Avoiding taxes that way would be huge.
A self-directed IRA already allows you to buy R/E with direct control. There are rules that must be followed, but it easy.
I'm all ears.
