What did you trade today and why?

[YellowSubmarine]

Like to know the current thinking of what is hot and what is not; and please indicate why such a move and what sort of an account, i.e. IRA...brokerage, etc.
My latest purchase on Friday was CIM as it was down over 2.5% and it goes ex-D at 11% - In my SEP account

 

[Tacitus]

So a buy and sell trading thread? Have to add it to my Watch. So of course will be some duplication for posts on perhaps the specialty thread-preferreds, cefs, bdc's, don't see one yet for bonds. Don' see a general buy and sell for common stocks. But who does not love a good buy and sell thread? Though must budget posts, which is a great anti-addiction feature. Ok here is one I will be adding. A new addition which is rare event for me. BXSL a bdc for reasons mentioned on the BDC thread with the YouTube discussion as link. Here is link Best BDCs But will wait for any carnage if exists in market to subside. It will be in an IRA.

So with Buys and Sells and reasoning always assumed poster receptive to opinions even if against the purchase or sale. Hope that is a tenet here. For instance if someone thinks BXSL a poor decision feel free to express. Other forums I have seen elsewhere not really seeking opinions just confirmation.

Don't know much about CIM, see its a amall cap mREIT with of course high divy. Have owned some preferreds on mREITs (NLY,AGNC) but not the common. But good luck. At least via quick glance at price chart, price been stable and Fed no longer raising. Suggest double check financials, FFO, AFFO and any recent quarterlies. Noted volatility in divy history but has increased since Apr. 2024. Okay YS be seeing you.

 

[TheWizard]

Not sure if this thread is limited to CEFs and similar investments. Let's assume not.

On Friday, I sold ~$45K of four stock ETF lots in my taxable account that were showing losses and then bought about the same amount of a new ETF......a TLH maneuver.

I'll do it again if stocks decline further in coming weeks...

 

[COcheesehead]

This type of thread was probably the most popular one at the old Fidelity site. Make sure to include the “why” that’s the most important part.

 

[COcheesehead]

Like to know the current thinking of what is hot and what is not; and please indicate why such a move and what sort of an account, i.e. IRA...brokerage, etc.
My latest purchase on Friday was CIM as it was down over 2.5% and it goes ex-D at 11% - In my SEP account

Nice add. I always enjoyed these threads.

 

[YellowSubmarine]

So a buy and sell trading thread? Have to add it to my Watch. So of course will be some duplication for posts on perhaps the specialty thread-preferreds, cefs, bdc's, don't see one yet for bonds. Don' see a general buy and sell for common stocks. But who does not love a good buy and sell thread? Though must budget posts, which is a great anti-addiction feature. Ok here is one I will be adding. A new addition which is rare event for me. BXSL a bdc for reasons mentioned on the BDC thread with the YouTube discussion as link. Here is link Best BDCs But will wait for any carnage if exists in market to subside. It will be in an IRA.

So with Buys and Sells and reasoning always assumed poster receptive to opinions even if against the purchase or sale. Hope that is a tenet here. For instance if someone thinks BXSL a poor decision feel free to express. Other forums I have seen elsewhere not really seeking opinions just confirmation.

Don't know much about CIM, see its a amall cap mREIT with of course high divy. Have owned some preferreds on mREITs (NLY,AGNC) but not the common. But good luck. At least via quick glance at price chart, price been stable and Fed no longer raising. Suggest double check financials, FFO, AFFO and any recent quarterlies. Noted volatility in divy history but has increased since Apr. 2024. Okay YS be seeing you.

Certainly no limits...just what and why... Good luck to all traders.

 

[Koolau]

My buys and sells are awfully dull.

 

[MarieIG]

Not today. Bought some JEPQ Friday in the IRA. It was down, and I've been wanting to increase my growth although its option income limits its upside. If it falls further, I may add more. I bought some SCHG (again growth) but in the taxable account as its dividend income is small. And SPYI in the IRA for income exposure (it was down and triggered a limit order).

I really wanted more SCHD but it wasn't down enough and past its Ex-Div date.

 

[aja8888]

I may place an order for some NMFCZ in the morning. This will be in my IRA to replace called CDs.

 

[KiwiFI]

I bought a gold miner here in Aussie. Free cash flow is at record levels, reflecting the increasing spot prices but also much better management and production numbers.

Many are still trading at decent discounts to their NAV.

 

[dobig]

I bought some SCHG in my dividend heavy brokerage account. Makes up less than 3% of taxable but want some growth in there so using dividends to buy when I can. If we have another dip tomorrow will use 1/3 of our cash account to buy equal amounts of SCHD, DGRO, SCHG, JEPI and either SCHY or VYMI. If market drops an additional 5% with upcoming tariff news I will deploy another third.

 

[TheWizard]

I bought some SCHG in my dividend heavy brokerage account. Makes up less than 3% of taxable but want some growth in there so using dividends to buy when I can. If we have another dip tomorrow will use 1/3 of our cash account to buy equal amounts of SCHD, DGRO, SCHG, JEPI and either SCHY or VYMI. If market drops an additional 5% with upcoming tariff news I will deploy another third.

You might want to consider TaxLoss Harvesting as well. That's what I'm doing...

 

[MarieIG]

I bought some SCHG in my dividend heavy brokerage account. Makes up less than 3% of taxable but want some growth in there so using dividends to buy when I can. If we have another dip tomorrow will use 1/3 of our cash account to buy equal amounts of SCHD, DGRO, SCHG, JEPI and either SCHY or VYMI. If market drops an additional 5% with upcoming tariff news I will deploy another third.

Yes, I have all those names except DGRO. I typically use limit orders to add larger positions, although sometimes due to that I miss the boat.

 

[GBcycling]

Added to existing position of PDI for income @ 19.64 in IRA

 

[COcheesehead]

Just sitting tight and watching the fireworks. End of month interest comes tomorrow. I am sure it will find a good home.

 

[Tacitus]

Just added to a preferred OZKAP, over 7% yield and qualifies for the 15% tax rate. Reasons expounded on the preferred thread.

AGA (above poster)-the baby bond NMFCZ good choice, glad you decided to purchase.

ADDENDUM-NMFCZ is the baby bond on the BDC whose ticker is NMFC. I don't own this BDC prefer some others but it yields about 11.5%. Anyhow the selelction of the baby bond is best compared against other bonds, not equity. Ok good luck to all. Beautiful day. Check in whenever.

 

[COcheesehead]

Just added to a preferred OZKAP, over 7% yield and qualifies for the 15% tax rate. Reasons expounded on the preferred thread.

AGA (above poster)-the baby bond NMFCZ good choice, glad you decided to purchase.

NMF the stock behind the NMFCZ pays almost 50% more in dividends than the bond. FYI.

 

[LiveBelowMeans]

Just bought more MELI on todays dip. tremendous growth stock. jmho

 

[Dash man]

Received dividends in my Roth from SCHD SCHB AVGO. Invested them into JEPQ because it was down to $50.90 and is going ex dividend tomorrow.

 

[aja8888]

NMF the stock behind the NMFCZ pays almost 50% more in dividends than the bond. FYI.

I see that, thanks.

 

[MarieIG]

Received dividends in my Roth from SCHD SCHB AVGO. Invested them into JEPQ because it was down to $50.90 and is going ex dividend tomorrow.

Yes, I added a little to JEPQ this morning.

 

[dobig]

You might want to consider TaxLoss Harvesting as well. That's what I'm doing...

Appreciate the tip. Was able to offset around $25k of short term gains.

 

[Tacitus]

NMF the stock behind the NMFCZ pays almost 50% more in dividends than the bond. FYI.

 

[Tacitus]

Adding to PDI (a pimco debt cef)-huge distribution of 13.4%, chart for price/nav not bad especially if you factor out Covid period and the Fed tightening period not too long afterward. Well about 7 months later but maybe investors anticipating rate hikes. Average debt quality BBB. But must note too the ROCs in the distributions and current earning coverage only 45% though has a history of spiking in the past. See cefdata.

Adding to FSCO, substantially a floater debt cef. Its yield is11%, distributions and includes no ROC, its earning coverage is 108%. It has done phenomenally, probably best of all my CEFs, especially so during the period of Fed easing which may seem counterintuitive for a floater. So I am sticking with it at least for now. Yes its price is now coming close to its NAV, which has also risen, but will see. Maybe too will see its price at premium to the NAV. Have thought about trimming in the past but stayed with it luckily.

Lastly adding to FXAIX, the S&P 500 index. Will place trade tomorrow, so buy will be at the end of Tariff Day. Why? Just to be contrarian during this nervous period. Am not a market timer. Per market index history, there is a good chance within the next 5 years the S&P will hit new highs. And the longer the time period the more likely.

 

[Tacitus]

Here is a quick P.S. to the above. So my biggest concern with FSCO is how its price increased, more than its NAV increased and now the discount almost gone. Though of course can trade at premium. So I compared just NAV over the past year for PDI vs. FSCO. Will try to paste the snippet which is from cefconnect, interactive graph. Was surprised at results. FSCO's NAV over past year rose 22% higher than PDI. Ok have a great day.