stocks, reits and at&t

[mikecweb]

Nevermind.... I gotta keep my advice to myself sometimes.

 

[Duksrule]

So for those that invest in dividend ETFs do you get dividend checks or are they just rolled back into the fund and do you have to pay taxes on the fund yearly or just when you sell?

 

[mikecweb]

So for those that invest in dividend ETFs do you get dividend checks or are they just rolled back into the fund and do you have to pay taxes on the fund yearly or just when you sell?

If you are young, always reinvest the dividend. Commission free shares.

 

[SlumTodd_Millionaire]

So for those that invest in dividend ETFs do you get dividend checks or are they just rolled back into the fund and do you have to pay taxes on the fund yearly or just when you sell?

You can do it either way. Generally if you're not going to be picking stocks individually it makes more sense to reinvest the dividends.

 

[drunkenbeagle]

So for those that invest in dividend ETFs do you get dividend checks or are they just rolled back into the fund and do you have to pay taxes on the fund yearly or just when you sell?

Could be either. Usually, an ETF pays the dividend in cash, and for a mutual fund, the value of the fund goes up. ETFs normally trade down equal to the dividend paid that day.

 

[Cessnaflyer]

I'm reinvesting everything right now once my balance is up to 3 million then I will take the cash

 

[gotWXdagain]

Two weeks ago I decided to start investing modestly in the stock market. Bought 18 shares of Sunpower Corp at $28.22 per. Today during after hours, they announced a joint venture with First Solar, and since then the stock price has jumped up to now $31.30. I'm ok with this development.

 

[Cessnaflyer]

What was your commission you paid? The commissions will eat your return on small purchases.

 

[mikecweb]

What was your commission you paid? The commissions will eat your return on small purchases.

If you are paying more than $5 you are paying too much.

 

[gotWXdagain]

What was your commission you paid? The commissions will eat your return on small purchases.

$4 I believe.

 

[drunkenbeagle]

Two weeks ago I decided to start investing modestly in the stock market. Bought 18 shares of Sunpower Corp at $28.22 per. Today during after hours, they announced a joint venture with First Solar, and since then the stock price has jumped up to now $31.30. I'm ok with this development.

I would take the 10% profit now, and sit on the sidelines. Hell, I am happy with taking 10% for the year

 

[gotWXdagain]

I would take the 10% profit now, and sit on the sidelines. Hell, I am happy with taking 10% for the year

Thought about it. Today so far the stock has gone up another dollar and seems to be holding steady in the $32.20 range.

 

[gotWXdagain]

I stand corrected: Now hovering in the $32.80 range.

 

[mikecweb]

I stand corrected: Now hovering in the $32.80 range.

18% in a day is a good return.
Remember you learn the most when you lose money not when you make it.

 

[gotWXdagain]

18% in a day is a good return.
Remember you learn the most when you lose money not when you make it.

My thought now is shifting to "at what point do I sell if it drops?" And that number is around $75 profit. So far it's still above $80.

 

[drunkenbeagle]

My thought now is shifting to "at what point do I sell if it drops?" And that number is around $75 profit. So far it's still above $80.

Sell now and it doesn't drop.

The question to ask yourself is when you would buy again.

 

[Cessnaflyer]

Get money, take money and move on to the next thing.

I wish I could get back into individuals but don't have time for due diligence.

 

[SlumTodd_Millionaire]

You shouldn't even be paying attention to daily price movements if you bought a company that you believe in.

"Our preferred investment time horizon is forever." - Warren Buffett

 

[fly22]

You shouldn't even be paying attention to daily price movements if you bought a company that you believe in.

"Our preferred investment time horizon is forever." - Warren Buffett

There are a ton of companies I believe in.....for a day.

 

[SlumTodd_Millionaire]

There are a ton of companies I believe in.....for a day.

Heresy.