As many of you know, I became debt free in January. I already save 15% in my 401k plus 8% in my HSA, so I wanted to do something different with my additional savings. Today I opened a Scottrade Roth IRA and bought 4 stocks. PBI, JNJ, VOD, and INTC.
I'm so excited about popping my investor cherry that I just had to tell someone. I think this may become a new hobby for me.
Brand new investor
-
secretwealth
- Posts: 1948
- Joined: Mon Jun 27, 2011 3:31 am
I'd stay away from Nokia--they've got a toehold on developing markets and that's about it, but developing markets are beginning to move to smartphones, and that transition should be complete in the next 3 years. It's a mismanaged company with a blurry vision of the future.
Other than that, Chad is absolutely right. Oh how I wish I had invested in some dividend stocks in December 2008!
Other than that, Chad is absolutely right. Oh how I wish I had invested in some dividend stocks in December 2008!
That's quite a foursome. I have JNJ in my Scottrade Roth IRA as well. I could see myself getting VOD & INTC at some point as well. PBI would have me worried. Almost all the earnings go to the dividend and the stock price has cratered over the past four years. Of course who am I to speak on this, I certainly have some speculative stocks in my IRA as well!
>>Why VOD and not Verizon or ATT?
Well, I did consider all three. They are all good choices. However, I was a bit concerned about the P/E ratios over 40 on both VZ and T. Plus I think with VOD dominating the rest of the world other than the US, that they have more prospects for growth, especially over ATT. The 5.6% dividend yield for a solid and growing Intl. corp is great.
Well, I did consider all three. They are all good choices. However, I was a bit concerned about the P/E ratios over 40 on both VZ and T. Plus I think with VOD dominating the rest of the world other than the US, that they have more prospects for growth, especially over ATT. The 5.6% dividend yield for a solid and growing Intl. corp is great.
You go, girl! I'm excited for you.
I love JNJ. That is a fortress, albeit with some small cracks that need caulking.
PBI I own as well. I bought at around 17. For all the talk about the declining industry, their Volly program looks pretty nifty, and they just announced a multiyear deal with Facebook for global geocoding, and they are doing web distribution etc for PPR (Gucci, Yves St Lauren, Balenciaga, etc). This is a description of the PBI sector that deals with PPR:
"Pitney Bowes offers a comprehensive suite of e-commerce solutions for international sales. The company's Software as a Service (SaaS) solutions help leading retailers sell to international customers, reduce the challenges associated with international e-commerce, and grow their business. The Pitney Bowes ClearPath™ Services Suite offers an array of API-driven (Application Programming Interface) web services to facilitate cross-border sales to 90 countries. Through one integration, retailers can access ClearPath™ services including: duty and tax calculation, fully landed and guaranteed costs at checkout, customs and brokerage management, import and export management, optimized global shipping, international address validation, denied parties screening, and parcel protection. For more information, visit www.pb.com/ecommerce"
Sounds pretty good to me.
I don't own any INTC but I do own AAPL. I don't own any telecoms because the capex and competition is high and frantic and the growth seems low. But that's just a personal thing.
Welcome to the other side...You are going to feel great when you see those dividends come in every quarter. Investing is a very rich and exciting world.
EDIT: To be clear, PBI is far and away my most speculative and potentially risky position. I am fully aware of that and it is only 1.8% of my portfolio.
I love JNJ. That is a fortress, albeit with some small cracks that need caulking.
PBI I own as well. I bought at around 17. For all the talk about the declining industry, their Volly program looks pretty nifty, and they just announced a multiyear deal with Facebook for global geocoding, and they are doing web distribution etc for PPR (Gucci, Yves St Lauren, Balenciaga, etc). This is a description of the PBI sector that deals with PPR:
"Pitney Bowes offers a comprehensive suite of e-commerce solutions for international sales. The company's Software as a Service (SaaS) solutions help leading retailers sell to international customers, reduce the challenges associated with international e-commerce, and grow their business. The Pitney Bowes ClearPath™ Services Suite offers an array of API-driven (Application Programming Interface) web services to facilitate cross-border sales to 90 countries. Through one integration, retailers can access ClearPath™ services including: duty and tax calculation, fully landed and guaranteed costs at checkout, customs and brokerage management, import and export management, optimized global shipping, international address validation, denied parties screening, and parcel protection. For more information, visit www.pb.com/ecommerce"
Sounds pretty good to me.
I don't own any INTC but I do own AAPL. I don't own any telecoms because the capex and competition is high and frantic and the growth seems low. But that's just a personal thing.
Welcome to the other side...You are going to feel great when you see those dividends come in every quarter. Investing is a very rich and exciting world.
EDIT: To be clear, PBI is far and away my most speculative and potentially risky position. I am fully aware of that and it is only 1.8% of my portfolio.
Congratulations! My Roth IRA has been with Scottrade for the last 4 years. I'm very happy with them!
Tip: Scottrade has a mobile app, but I find that using the Wikinvest app is much better for monitoring my Scottrade account on the go. It's free.
I'm new to the dividend investing side of things, too. I bought some NLY recently... not sure yet how far in the dividend direction I want to go.
Tip: Scottrade has a mobile app, but I find that using the Wikinvest app is much better for monitoring my Scottrade account on the go. It's free.
I'm new to the dividend investing side of things, too. I bought some NLY recently... not sure yet how far in the dividend direction I want to go.
@secretwealth
Those are some of the reasons I want to own Nokia. If their new Windows based smartphones are successful, and they have received quite a few solid reviews even from Microsoft haters, that stock could jump very high.
I would clarify that Nokia wasn't a recommendation for others, but just part of my conversation. It holds a lot of risk, but a lot of return possibilities, as well. JNJ is not my type of play 99% of the time.
Those are some of the reasons I want to own Nokia. If their new Windows based smartphones are successful, and they have received quite a few solid reviews even from Microsoft haters, that stock could jump very high.
I would clarify that Nokia wasn't a recommendation for others, but just part of my conversation. It holds a lot of risk, but a lot of return possibilities, as well. JNJ is not my type of play 99% of the time.