Home Forums Hunting & Shooting Hunter's Campfire If you had 15G's of discretionary money, stock mkt now?

Relax. Don't channel your inner Elkhumper91.

Your statement was simply, " I have yet to met anyone who has built a serious fortune purely with stock market investing"

I don't know the reality you live in. If no one you have ever known has never been successful in the stock market, I am sorry.

But for me personally, I have a dozen elders and siblings in my family who have done just that: Highway Patrolmen (x3), 2 DR's, 4 nurses, mining execs, etc who have made an above average wage, and parlayed that in the market into substantial wealth.

My wife and I included.

Duck, first of all I am not qualified to give investing advice. I am not a fiduciary nor professional/licensed adviser. However, I do have an opinion. Both EPR and RLJ-A were victims of a black swan event . . . namely the coronavirus panic and the shelter in place edict. The resultant steep and fast drop in market price was due to that, and that alone. EPR is an "experiential" triple net lease REIT, flush with a billion dollars in cash. They own properties like theaters, ski resorts, amusement parks, Top Golf, and other pieces of property that draws the millenials for an "experience." Obviously with the shelter in place, social distancing rules now in effect, potential customers are afraid to visit these type of locations. As soon as this panic is over and we return to business, the price of EPR should also return to normal, around $80. (see the 1-year chart below.) I didn't get in at the bottom on EPR, but I did buy in at $20, and I am already up 22% on capital gains, and locking in a magnificent dividend.






RLJ-A is a Hotel REIT, but it is a unique preferred share, with a PAR value of $25. It cannot be called and I was able to get in at $15.45 and have an unrealized capital gain of 21%. Again I didn't get in at the bottom, but I expect a relative steep recovery once the corona panic subsides. This one is locking in a fat 10.41% dividend, which cannot be called. Preferreds are safer than common shares. Take a look at this one year chart and you can see this has been trading at PAR or above for the past year, until the black swan event.





I think both of these are on the safer, more conservative side and no brainers. I can't think of a better way to get some capital gains, while locking in fat juicy dividend yields for the long haul. These are sort of buy it and forget it type investments. They are not for traders. They are for buy and hold investors looking for income producing stocks. If one is not willing to hold for two or three years minimum, I would not recommend buying. This is a sort of turtle and hare investment, and we are placing our money on the turtle.

Olin
They are almost at an all time low right now. BUT they are worlds biggest producer of Chlorine whitch is in great demand in the last few weeks. Also I heard they (Winchester) got the Lake City contract.

the stock market is stupid

are you in the millionaire's club? and since you are educate me on how you used stocks to do so.

you guys mouthing off and running your mouths without knowing what the heck you are talking about because you or someone you know has 120k in a 401k. if you knew what you are talking about you would say, invest THIS way, and this is what I would do. successful people love to tell people how they got there generally. They don't instead mock the messanger and have nothing to add productively. Go ahead ignore all those questions I asked about knowledge of the company first before you give them your money.

for the people that actually want to learn, and actually still want to monkey in the markets read this. you will learn what works and what doesn't by real people who actually make money in stocks, You will also learn why your average investor doesn't make near the money they think they will in the stock markets. Lastly I would say this, they cook the numbers on gains in the stock market, how? lets say the market or fund loses 15% so for every $100 you have $85, The problem is it takes an 18% increase just to get back to where you started, however if you average a -15% and a +18% you come up with a positive number, still but yet the actual money you have isn't positive. If the markets lose greater amounts it takes even greater returns to get back to break even. yet the average rates of return make it look rosy. oh the book!!!! read it. https://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757860

Whatever you decide, think about going in in several buys. Maybe $2K every 2 weeks or so. You may miss the bottom but you will have several opportunities to decide what you really want to do. Dollar cost averaging is still relevant, maybe more so than ever.

Olin
They are almost at an all time low right now. BUT they are worlds biggest producer of Chlorine whitch is in great demand in the last few weeks. Also I heard they (Winchester) got the Lake City contract.

Silver, if I could buy it 5% over spot.

The OP has only posted the Original Post on this thread. Got a few people worked up for naught.