Share Picks 2022

Wtf happened in the evening...was up 4 figures at 5pm went out for dinner, watched football, checked in now and im down for the day??

Netflix down 19% AHs can't be much help for tomorrow. It also feels like we are no where near capitulation/fear so still could have further to go here. does anyone know on degiro if its possible to get short exposure to US equitys?

Stairs up, elevator down springs to mind.

Nasdaq now corrected just over 10%

Amzn under $3k

Goog $2,650

Gan $6.80 (Added to position yesterday)

Paypal $172

All look good value to me if you can take a long term mindset (5yrs+)

A "safe" long term stock = Associated British Foods, owner of Primark (ABF). Dropped 4% today because of lower footfall in Dec. They are set up to do well in both an inflationary environment and non inflationary environment. Expansion into the US going well, plan to have 60 stores in US within 5 years.

Just keeps falling.

Watching cnbc group discussion here and some feeling that the rout hasn't started yet and worse to come.

Interesting times. How low before your tempted to get the purse out? As Buffett says "The stock market is the only store in town, where everyone runs out when a sale is on".

Stick to the fundamentals and buy when stocks are very cheap.

I am not sure if this has got much to do with rate hikes or the covid reopening? Leaning towards reopening seeing amazon, ttd, netflix taking big hits. There is definitely the realisation that "the new economy" and the pandemic stocks are not here to stay lol. The end of covid seems to have crept up on a lot of people and no seems to know what the future looks like, so much gains in certain names over last while...Will this continue etc. No doubt tapering impact and China slowdown having an impact too.

There's always a lot of noise when the market drops 10%.

You won't hear half as much noise when the market rises 10-15%

Bad news sells.

Anyway, no matter how bad any crisis seems at the time any sound investment will pay off.

Today:

Bought Cleveland cliffs -> Impressive Free cash flow. Paying down debt fast.

Bought More Ally Financial -> Solid 2.5% dividend plus a massive $2B Share buyback, almost 12% of float. Sharebuybacks are under rated imo.

Lastly bought More BEPC and PYPL

Like everyone else, I do not know what is going to happen but this is a chart of the 2000 / 2001 Nasdaq tech crash. There were plenty of buying opportunities with one day big dips here.

I think that was me in the "Using DeGiro" thread. It's not a large fee or anything but it was def irritating that they made a big-deal of being commission-free when they are still charging the 0.50 per trade but just calling it by a different name (per pg.7 of their latest Fees document). As you said on top of this the FX fee went from 0.10% to 0.25% so fees have indeed gone up across the board.

It's still great to have these low-fees brokers available to us - i remember my first investment was through AIB/Goodbody and the min fee per trade was 32 euro i think! DeGiro still good value for most i think, but having said that i'm considering setting up an account with Interactive Brokers for future monthly purchases on the back of this change, as they do seem to be best now