Thanks for asking. Very similar approach for me too. I am not a trader, definitely not a day trader. I am more of a quarter trader, quarter of a trader in some sense but one who trades quarterly. I follow the quarterly reports of the stocks i hold. If nothing changes materially i will continue to hold. I also have a not-so-complex definition of 'value', more complex than AAII's model portfolio 😉but less complex that the quant models 😔. When it gets flagged as over-valued, I reduce or close. Mostly happens after quarterly reports. Yes, I always end up buying on up days and sell on down days. But it seems to be working.
You are right. the dividend yield on GOLD is 2.34%. Sorry for the error. I think I got mixed up fingerly with TIM S.A. (TIMB), another stock I was looking into which has 7 % dividend, but a Brazilian issue.
Original Message:
Sent: 02-13-2025 14:55
From: ROBERT ADAMS
Subject: Sharing own portfolios
Vinod, I'm just curious: How long do you plan to hold GOLD?
For what it's worth, I prefer to buy a stock on a day when it's down (GOLD is up by over 1.5% as I write this), and I never buy (or sell) based on the news of the day. Once I'm into a stock, I plan on holding it indefinitely---for as long as the company remains profitable and growing. I say this not to suggest that everyone ought to invest the way I do but to suggest that information about my transactions would do you no good, since you don't seem to have the same buy-and-hold outlook that I do.
Unless something awful happens to UBER, it will still be in my portfolio when my children inherit it.
One more thing: The information I'm looking at on GOLD indicates its dividend yield is around 2.2%, not 7%. Am I missing something?
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Rob Adams
Original Message:
Sent: 02-13-2025 13:35
From: Vinod Nair
Subject: Sharing own portfolios
that is a lot of words which you could have made it into a book, which could win a booker prize or a man booker prize. all i am suggesting to share is, a date, a ticker, a metric why you think it is a value, probably another measure, why now?
here is an example of the one I traded today,
25-02-13, company - Barrick Gold Corporation (GOLD),
rationale : Enterprise Value/EBITDA < 5, ~7% dividend
why today? good earnings report announced today.
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vNu | Boston | MA
Original Message:
Sent: 02-13-2025 12:27
From: BARRY JOHNSON
Subject: Sharing own portfolios
"Sharing" is such a "fun" word, Martha.
It gets thrown around in many conversations these days along with "awesome" and other argots -- to describe everything from stick-on Avengers tattoos to viewing the Mona Lisa in person -- or in my case laying on the floor of the Sistine Chapel and staring at the ceiling where Michaelangelo painted his masterpiece, the .
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<v:shape id="Picture_x0020_3" o:spid="_x0000_i1025" type="#_x0000_t75" alt="Michelangelo The Sistine Chapel Ceiling / The Sistine Chapel ceiling ..." style="width: 468pt; height: 351pt; visibility: visible; mso-wrap-style: square;"> <v:imagedata src="file:///C:/Users/ke094/AppData/Local/Temp/msohtmlclip1/01/clip_image002.jpg" o:title=" The Sistine Chapel ceiling .."> </v:imagedata></v:shape> I have just "shared' an experience from my Euro rail travels in Europe 61 years ago and "shared" a picture of something I think will enrich your appreciation of what something created by humans that is, in my estimation, deserves to be characterized as "awesome."
See. I know how to share. I informed you about something you may not have known. You are a better person now because you now have a wider context for using the word "awesome." I have "shared" something of "value" with you and unknown total strangers. Some of whom will decide I am being pedantic. (Lookup "pedantic." I just "shared" again. I night be getting better at this "sharing" thing.)
Unfortunately for you, the few who decide to read on, I have a few other things to "share" with you today.
This blog has stated goal of soliciting AAII members to "share" the asset allocations of their portfolios ... and other financial information about their lifestyles - household income, debt, budgets, etc.
I responded with a polite, but clear and firm ... NO WAY.
Awesome! I just "shared" again. This "sharing stuff" is "awesome." Oops! This "sharing" stuff is addictive.
I think the concept of "sharing" is being proselytized in this context.
OK, let's "share" and have a chat to understand each other's expectations ... and responsibilities.
(Yes, you are welcome to "share" this post with your lawyer. But please be aware when you memorialize a "sharing" you also create a record that can be "discovered" and used in evidence in legal proceedings. See, I told you that you might want to have a lawyer present.)
Now please let me "share" my thoughts on "sharing" my financial data with anyone with whom I do not have a legally-binding agreement.
#1 I am pretty sure I have already agreed (I clicked on some button somewhere) to voluntarily "share" some of my personal demographic and financial data.
#2 You may have noticed, like I have, that AAII specifically alerted me exactly how they intend to use the data I proffered.
#3 I know where the AAAI offices are, the names of their executive "agents," their industry and IRS registrations, etc. Net: I am confident that I can serve them any legal papers necessary ... should this "sharing" relationship we have created ... go hinky or sideways.
#4 I do not have a similar relationship with ANY of the 100,000 or so other AAII members. I have no intentions of change this relationship in the future. This is "the big one, Alice." (Shoot out to Redd Foxx.) Please put as sticky note on this one.
See, I know how to "share. It's that "financial and personal" data "sharing" thing I am having trouble with. See I "shared" again.
Now it's your turn to "share."
I will need the following "small acts" of "sharing" BEFORE I think about "sharing" that "financial and personal" data you are askng for.
The easy ones
#1 Your basic personal information - name (any assumed names you may have used in the past) and current contact information,
#2 Addresses from your credit reports.
#3 The same data you would provide to verify citizenship - birth certificate, social security number, any passports. and visas
#4 A resume or curriculum vitae with 3 references on any educational degrees and certifications you proffer.
The deep "sharing" ones
#5 Your "financial and personal" data to include a household budget, the sources and uses of income streams, expenses, and any assets you consider as potential collateral for any future business relationships we may enter into.
#6 References to all financial institutions where you have placed or received financial assets greater than $10,000 and notarized references from these institutions verifying the beginning and end date of all relationships.
#7 Permission to collect and receive access to any and all criminal records you may have created here and abroad.
#8 Any and all prior and existing business relationships you may have entered into and current contact information on individuals who had any equity in those relationships.
See. I am a dedicated "sharing" and "fun" kinda guy.
OK, we off to a really good start.
I am starting to feel better about this "sharing" thing you proposed.
Anyone up for a "sharing" hootenanny?
My "sharing" will be:
#1 Bring snacks to "share."
#2 Find a copy of kumbaya and some old Woody Gutherie tapes.
#3 I love to sing "This Land is My Land. This Land Is Your Land." It puts me in a heightened "sharing" kinda mood
(Except around tax time or when solicitors knock on my door. They always want to "share" something with me).
Regards,
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BARRY JOHNSON
Original Message:
Sent: 02-06-2025 07:02
From: Vinod Nair
Subject: Sharing own portfolios
What do you all think about sharing own portfolios and trades preferably with the rationale for the trades and timings? Will it benefit others? Or can someone misuse it? I think, the knowledge of the masses can help everyone.
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Thanks 🙏
&
Good luck with all your investments and endeavors
InvestorNV | Boston | MA
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