Thanks You Too Jimmy G, Greg is buying stocks in these companies, and I have been considering buying core positions as well but I'm sort of waiting on a pullback and make sure the wheel isn't about to fall off before I take ownership in actual stock. I was shooting to buy after the first of the year and when the stock prices pull back off an ALL TIME TO THE MOON PRICE!!! I'm waiting for a very good entry point in a few large cap dividend paying stocks like VZ 4.11%, XOM 8.37%, CVX 6.21%, T 7.25%, JPM 2.89%, and I'm still researching core positions for 2021.
Nice. Thought he was back to options trades though as there's some high volume on KO - 2700+ contracts on Feb 19 57.5 strike. Im assuming the bet is the Q4 earnings report will be up
Hmm. Can Greg explain his rationale for picking these core stocks? Since KO is strongly linked to bars and restaurants that are closed indefinitely I don't see much upside except for dividend. Verizon has good dividend and is good defensive play. PFE has vaccine but has never really moved much over the years. So please Greg what is your is your reasoning for these stocks instead of mining stocks?
All of these so-called "core" stocks are considered SOGGY (Stodgy Old Growth Giants of Yesterday), which means boring and don't expect too much from them going forward.
Greg! I don't see where to buy a hard copy of this book. Can you put it on amazon so I can download it to my kindle for myself? I'm sure I'm not the only one that wants this. I'm sure I could be missing where to buy these options also! :) Hard copies for gift would be great.
I never understood why Greg would abandon core positions while believing the market is going much higher. If the trend continues, those core positions will grow along side the SPY calls. I've held core positions the entire year and they've done very well.
Hopefully Greg can give us his reason for selecting these. I have owned 3 of the 4 stocks he mentions for several years strictly for the dividend. It would have been prudent to buy these in March during the crash or maybe even if we have another pullback. I agree with you that the markets are currently way overpriced.
Holy crap you just opened core positions! This is huge!
WOW, Thanks Greg, I have been considering opening Core positions again as well, and these are on my list AWESOME!!!
Hey William! Happy holidays man. Any idea what contracts & strikes Greg may be targeting?
Usually when Greg talks about core positions, he usually means he's buying common stock in large cap companies that pays dividends.
I think he mentioned at one point that he tends to hold on to them for an extended period of time; they're not swing trades.
Thanks You Too Jimmy G, Greg is buying stocks in these companies, and I have been considering buying core positions as well but I'm sort of waiting on a pullback and make sure the wheel isn't about to fall off before I take ownership in actual stock. I was shooting to buy after the first of the year and when the stock prices pull back off an ALL TIME TO THE MOON PRICE!!! I'm waiting for a very good entry point in a few large cap dividend paying stocks like VZ 4.11%, XOM 8.37%, CVX 6.21%, T 7.25%, JPM 2.89%, and I'm still researching core positions for 2021.
Nice. Thought he was back to options trades though as there's some high volume on KO - 2700+ contracts on Feb 19 57.5 strike. Im assuming the bet is the Q4 earnings report will be up
Also, that contract has gone up 4cents since your reply even though the stock has gone down 3-4cents, lol
Hmm. Can Greg explain his rationale for picking these core stocks? Since KO is strongly linked to bars and restaurants that are closed indefinitely I don't see much upside except for dividend. Verizon has good dividend and is good defensive play. PFE has vaccine but has never really moved much over the years. So please Greg what is your is your reasoning for these stocks instead of mining stocks?
All of these so-called "core" stocks are considered SOGGY (Stodgy Old Growth Giants of Yesterday), which means boring and don't expect too much from them going forward.
Greg going long?!?!
I'm surprised to see core positions from the man who has been telling us for a long time that options trading is the place to be.
Got the book. For us new in this - it is education. Thanks.
I picked up the book yesterday! and will pick up the suggested core positions today... are we averaging in?
Greg! I don't see where to buy a hard copy of this book. Can you put it on amazon so I can download it to my kindle for myself? I'm sure I'm not the only one that wants this. I'm sure I could be missing where to buy these options also! :) Hard copies for gift would be great.
can anyone explain why we need open core position but not others like mutual funds?
Thanks Greg got my copy of your newest book.
JPM, aren’t they the devil?
Going Long? 10 Year Yield at .93. Not at yet at 1% which is your criteria. What am I missing??
I never understood why Greg would abandon core positions while believing the market is going much higher. If the trend continues, those core positions will grow along side the SPY calls. I've held core positions the entire year and they've done very well.
Russel weak ...
Need to be convinced to follow on this one. Are these “cheap” ? PER and/or dividend? I thought markets are overpriced...
Hopefully Greg can give us his reason for selecting these. I have owned 3 of the 4 stocks he mentions for several years strictly for the dividend. It would have been prudent to buy these in March during the crash or maybe even if we have another pullback. I agree with you that the markets are currently way overpriced.
Long/Short?