Friday, June 17, 2022

The June FUD of 2022

 

As fear, uncertainty and doubt (FUD) grip the stock and crypto world while mass selling continues for now, I've been just watching and waiting for better times.

Reminds of the dreaded "June Bug" time here when the large beetles fly around with sticky legs that come out of the ground, Many a woman and man have screamed when they get stuck in their hair and they tend to loudly bang into windows in the night, going for light sources.

Is that time over. Are they gone yet? What I hope for with the Markets these days.

After the collapse in March of 2020, most were expecting a long wait for things to improve but surprised when stocks rebounded later that year. Will it happen again this year?

Hard call for sure while the Feds are involved now 'trying' to battle high inflation by hiking interest rates.

Large fluctuations with Bitcoin are common given it's history but times are different as billion dollar crypto outfits sprung up in the last few years offering "Earning Interest" and "Loans", spawned from the rise of the De-Fi sector of crypto. While some are collapsing and running into trouble, the best managed among them will survive when things turn around from that current bear market or what some call ... crypto winter.

I expect things to get worse yet in Bitcoin land while the negative news continues and it will be my first time wondering if it will turn around and head back up in price, reaching highs of 60 grand and beyond which many have speculated about. It's a wait and see thing as the cleansing of troubled outfits continue and how long the negative ripple effects will last with all the losses.

Meanwhile, as some stocks roll with the lows of the stock market indexes these days, cash distributions come in from scheduled company/bank distributions, which is my main interest. Growth in stock prices is something I want to see as well but that will come again when markets bounce off the bottoms and eventually rise once again.

 


Wednesday, June 8, 2022

Theories and Assumptions

 

For folks who live orderly and mapped out lives, planning ahead for holidays and events ... the stock and crypto world must go against their grain for those who are involved and feels like chaos where even the experienced do not know where one down trend will end and the next upbeat bull run will happen.

There are always lots of theories and different points of view but no one can say this is the way it's going to play out. That's the main reason I invest in dividend paying stocks for the long term. 




Crypto was fun when I got into Day Trading but where Bitcoin (and the Altcoins that follow it's moves in price) got more attached to stock market moves, my Trades are now rare. 

So, I concentrate on stable companies and banks that have a decent dividend history and steady increases in dividend distributions are a bonus as companies make more money. 

With Bitcoin and Ether, I just hold and wait for the next Bitcoin boom. I can't see it happening this year but stranger things have happened as the months go by.

One can make awesome gains buying into a new and growing company. It requires taking on more risk but it's not something I'm into and not sure if I ever will although there are lots of success stories with thousands of dollars in gains depending on how much funded.

In the US and Canada, I can't see going wrong investing in top Banks, Telecoms and Energy related this year/going forward, even with all the stock world ups and downs

With the dividend related Bloggers I follow and read, it's normal for their portfolios to be currently down in overall value with uncertainty in the Markets these days teetering on a further decline or could it be the 'bottom' for another recovery such as the surprising gains for some stocks after the March of 2020 lows.

However, several Bloggers report growing cash dividends such as those listed on my right sidebar where they stay invested. Examples of staying on course is a wise move. They also buy more with some stocks being at lower prices so possible future gains there when the stock market reverses course and goes up again, which it will ... that's in my personal opinion.



Building a Portfolio, Mid December 2024

  I recently read an article on the Globe and Mail about having too many stocks in a Portfolio but it's a preference to whatever sector ...