Birchtree's Account Talk

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Birchtree said:
Since you already own PGX-pacific I'd be inclined to hold and see what it does. I'd try and get a prospectus and see what's inside the ETF. I'm not inclined to go near anything related to bonds - they operate off of negative vibes and that makes me nervous. The high has been $15.10 so you have some room for expansion. You may lose value as interest rates begin to rise but that may be years away from now.
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I searched on the internet and researched the EFT. It's called a Preferred Stock/Bond EFT? What the heck is that? I guess I'll let it ride for now and take my dividends to spend elsewhere. :)
 
Many targets hit today and laying down. If I can juice a +$39K gain tomorrow I'll have a +$300K month. In Feb. 2013 I only made +$2K on the month. March could simply be on fire not with standing my desire for a slow grind into uncharted territory - I'll be buying regardless because my dividends are on autopilot. If we get a familiar rocket blast into the stratosphere then margin buying power will lead me up the golden path to more leverage and my wall flower collection will increase. I'm going to have to get my wife to retire soon so I can put her defined contribution money to work - but right now she is satisfied with her multi-thousands share position as it continues to grow. But I know I can make it grow even faster with individual stocks - that's the sacrifice.
 
There is the possibility of some good news in the Birchtree household. My wife informs me she is seriously considering throwing in the towel - that means I'll be able to at some point exercise her buy list and spend very close to +$700K. The advantage of investing inside a traditional IRA is that you can take capital gains with impunity without tax consequences - besides investing is all in the timing that life presents. We are in a rip snorter of a parabolic setting bull rampage and I believe we are early in the game. This bull is really only a little over two years old with decades remaining on the calendar. The cyclical bear inside a secular bear ended in October 2011 with a 21% correction and that also ended the secular bear. We may see cyclical bears inside our current secular bull as we proceed but they won't be deep - best to just DCA the opportunities at golden prices and be right and sit tight.
 
February now is the strongest month since July 2013. In July 2013 my oceanic took in +$308K and I'm headed to do the same this month. The bigger question is what will March bring to the down trodden - more pain if you are watching instead of participating. I'll be adding to my bank stocks as soon as possible - it's time for them to lead us higher.
 
It takes a lot more than a 160 point drop in 3 seconds to send me into a panic - afterall I have 105 dividends waiting to be reinvested in March and it's always better at golden prices. But these types of moves do make many nervous and keeps them on the platform - only those that know themselves will succeed in this game.
 
Well it was a good week for my oceanic: +$49K, -$10K, +$33K, +$39K, +$29K for a solid gain of +$140K. I did fall $10K short of making a $300K month - came in at +$290K. If the market had held its gains I would have scored the +$300K zone - well there is next month. This is what the February numbers looked like on a weekly basis: -$57K, +$166K, +$41K, +$140K. So that's how it goes.
 
C'mon Mr. Market hit me with your best shot. I've got 24 dividends due in the next two days and they're jumping up and down for golden prices.
 
i like all this talk about the I fund since i'm invested in it and waiting for things to move up with it. go ahead and add which will trigger the green light to push up. (wish it were that easy). happy trading

hotwings said:
I'm thinking about adding to my I fund today.
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I've now collected 47 dividend increase announcements ytd with many more headed in my direction. 32 of those dividend increases so far are going to be paid in March and it looks like at lower pricing. I have a total of 105 dividends to be paid this month - that's nice long term income. So I'll sacrifice the hit to my gut short term from the Ukraine - but longer term it's a small blessing. So far year to date my oceanic is ahead by +$94K - not great but there is more on the way. I'm reminded that the 173rd Airborne Brigade is stationed in Vicenza, Italy and could be in the Ukraine in a matter of hours to blunt the Russian aggressive advance. So anything can happen.
 
GUCHI said:
i like all this talk about the I fund since i'm invested in it and waiting for things to move up with it. go ahead and add which will trigger the green light to push up. (wish it were that easy). happy trading
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I ended up DCAing into VGK instead.
 
Well today wasn't so bad so I can gladly handle a few more just like it. Bring me those golden prices.
 
I liked the part where he said that people that held during the crash came out whole - that's exactly what I did even when I was down -$1M and then I dumped another +$800K in at the bottom and just rode 2009 mostly. And I've been riding the friendly bull ever since. I see where the R2K is up 30.53 points so far today - that'll really help the S funders. Otherwise my dividends are being whipsawed today but that's fine - they're still working for me.
 
Birchtree said:
I liked the part where he said that people that held during the crash came out whole - that's exactly what I did even when I was down -$1M and then I dumped another +$800K in at the bottom and just rode 2009 mostly. And I've been riding the friendly bull ever since. I see where the R2K is up 30.53 points so far today - that'll really help the S funders. Otherwise my dividends are being whipsawed today but that's fine - they're still working for me.
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Absolutely, he was spot on, as were you. A colleague of mine berates me almost daily for not doing the buy-and-hold thang. I rode the market back from 666 to around 1200, but I got out thinking there would be another major drop and there was none. Now I'm in the frame of mind that since I missed this nice run up, I'm getting in at the top. I think I need to make the IFT into C/S/I and get a lobotomy that's reversable on the day I retire...

He also made pretty good points about the workforce, education, technology, etc. Smart guy. Hope he's right.
 
It now appears that I'll be forced to accept capital appreciation today and if that is the case then I won't be satisfied unless I can bring down +$100K in my oceanic account - that would be an appropriate sacrifice. The R2K is really thumping today - the heart beat of the bull. It's +33 points. Cheap stocks are dominated by financial and other interest rate sensitive sectors, namely housing related and utilities, which each lagged the market by about 20% in 2013 - they're playing catch now. Back up the truck for value.
 
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