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2024 where to invest


               
2023 Dec 27, 3:15pm   17,943 views  217 comments

by KgK one   follow (0)  

Housing and stocks can crash in 2024.

Gold holds value but no return.

Berkshire may be good investment

Amazon n microsoft keeps monopolizing so they will do well

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1   Booger   @   2023 Dec 27, 3:28pm  

Buy dividend paying stocks before the Fed lowers rates. If you are happy with the cash flow forget about the stock price after that. People here (generally speaking) are old or old-ish and should be shifting their investments to dividend paying stocks at this point anyway.
2   KgK one   @   2023 Dec 27, 3:30pm  

Rin has been suggesting good div paying stocks
MO

Some reits r good also
Most of my stocks r div paying
3   AD   @   2023 Dec 27, 3:44pm  

When you look at the Magneficient 7 which includes such as Amazon and NVDIA, they rallied a lot this year. Amazon is up about 75% year to date.

Typically if you have a rally like this, the following year will see likely a +7 to +10% return. I liken it to a spring oscillation as the displacement or movement decreases with time.

However, investors will rotate to other stocks that were beaten down and look like good values.

In 2023, regional banks have been beaten down, so has healthcare and energy stocks. That is why I like Vanguard High Dividend Yield Fund and its Healthcare Fund.

.
4   EBGuy   @   2023 Dec 27, 4:57pm  

Regional banks... is the worst yet to come? They've already had a decent run (but well off their previous highs).


5   clambo   @   2023 Dec 27, 6:12pm  

I'm older and I am not going to dividend stocks yet because I am a greedy bastard who wants more obscene capital appreciation before shifting to an income objective.

Luckily I have enough dividends and interest to be able to wait a little while longer.

"Money talks, bullshit walks."
"It's fuck or walk."

Why I added that I don't know.😎
6   Eman   @   2023 Dec 27, 6:58pm  

History suggests the stock market will likely do well in the election year of an incumbent President which is 2024. Time will tell.

With 3 rate cuts projected for 2014, and 30-year fixed mortgage rates have come down to 6.25% now, this actually provides a little tail wind for the housing market going into this spring/summer.
7   stereotomy   @   2023 Dec 27, 10:53pm  

For those iTulip fans, Finster's Financology website has a few suggestions (full disclosure, I just read because I like his writing style, and am not financially affilliated with this) for a more income/dividend weighted investment style:

https://financology.net/financology-model-income-portfolio/
8   SunnyvaleCA   @   2023 Dec 28, 12:00am  

Booger says

Buy dividend paying stocks

Unfortunately, I make enough in Apple dividends that I don't qualify for a whole bunch of government welfare... Obamacare subsidies, energy subsidies, etc. Dividends force you to take the "income" every year. I'd rather just be accumulating capital gains and decide when to take recognize the gain. For example, after qualifying for medicare and fleeing California.
9   Misc   @   2023 Dec 28, 12:11am  

A person could always short California State and municipal bonds.

That might work out.
10   clambo   @   2023 Dec 28, 8:01am  

While you're working, living in California is OK from a taxation perspective. If you're paid enough, who cares about California income tax?

When you're retired and living off of your various investments, it's a very bad deal.

Without withdrawing anything from a retirement account or annuity, I saved $7,000 in California taxes in my first year.
When I start actually spending the money, the savings will be much more.

You guys can help pay for the schools and healthcare for illegals and their children; don't expect them to thank you however.
I forgot the rich pension of the county workers, cops and firemen, sheriff, CHP.
11   mell   @   2023 Dec 28, 10:23am  

Biotech, that xbi smackdown from 23 will have a continued yuge snapback.
12   Maga_Chaos_Monkey   @   2023 Dec 28, 11:38am  

Beanie Babies
13   gabbar   @   2023 Dec 28, 1:58pm  

SunnyvaleCA says

Unfortunately, I make enough in Apple dividends that I don't qualify for a whole bunch of government welfare... Obamacare subsidies, energy subsidies, etc. Dividends force you to take the "income" every year. I'd rather just be accumulating capital gains and decide when to take recognize the gain. For example, after qualifying for medicare and fleeing California.

Is there a bulletproof long term dividend paying stock?
14   porkchopXpress   @   2023 Dec 28, 3:17pm  

What do you guys think of this?
Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX)
https://investor.vanguard.com/investment-products/mutual-funds/profile/vdadx

You're in stocks of the healthiest blue-chip companies at an expense ratio of almost zero.
15   clambo   @   2023 Dec 28, 3:27pm  

VDADX=You probably can't go wrong.
16   stfu   @   2023 Dec 28, 3:33pm  

SunnyvaleCA says

Unfortunately, I make enough in Apple dividends that I don't qualify for a whole bunch of government welfare... Obamacare subsidies, energy subsidies, etc. Dividends force you to take the "income" every year. I'd rather just be accumulating capital gains and decide when to take recognize the gain. For example, after qualifying for medicare and fleeing California.


Please let us know when you figure out how to circulate your money through a DAF and back into your pocket. We damn sure know that's what the Buffetts and Bezo's are doing but somehow it's legal for them.
17   Booger   @   2023 Dec 28, 4:28pm  

porkchopXpress says

What do you guys think of this?
Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX)
https://investor.vanguard.com/investment-products/mutual-funds/profile/vdadx

You're in stocks of the healthiest blue-chip companies at an expense ratio of almost zero.


Not enough income being generated. I'm nearing retirement and really only want the income.
18   porkchopXpress   @   2023 Dec 29, 10:08am  

Booger says

Not enough income being generated. I'm nearing retirement and really only want the income.
Makes sense. I was thinking just in general, not necessarily for income generation. I'm about 15 years away from retirement.
19   clambo   @   2023 Dec 29, 11:19am  

Before retirement your investment objective is capital appreciation.

During retirement, your investment objective is usually income to replace the income you had from working. But, this isn't a rule.

Even capital appreciation funds pay a dividend in December each year, small as it may be. But, if you a lot of dough in the fund, you get some cash from it.

My extreme greed and avarice compels me to delay changing my investment objective just yet.
21   clambo   @   2023 Dec 29, 1:58pm  

Vanguard Wellseley Income
22   🎂 WookieMan   @   2023 Dec 29, 2:09pm  

Not investment advice necessarily. Slightly confused by the massive price drops at the grocery store. Talking 25% drops. Same with gas here. I'm confused. This happened in the last week. End of year dump or something? It's dramatic from what it was 2-3 weeks ago. Not joking 25% across the board almost. Fucking weird.
23   AD   @   2023 Dec 29, 3:38pm  

WookieMan says

Slightly confused by the massive price drops at the grocery store.


yes as far as eggs

.
24   EBGuy   @   2023 Dec 30, 12:58pm  

WookieMan says

This happened in the last week. End of year dump or something? It's dramatic from what it was 2-3 weeks ago.

You can't fight the Fed... ?!
In a move that was largely anticipated, members of the Federal Reserve’s policymaking panel have opted not to raise their benchmark interest rate, the federal funds rate. But, in a bit of a surprise, they’ve signaled that multiple interest rate cuts are likely in 2024.
The stock market rallied on Wednesday’s news, and the Dow Jones Industrial Average closed above 37,000 for the first time in history, at 37,090.

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