What I Am Buying Today.

[NilesMike]

(05-16-2024, 08:29 AM)stockguru Wrote:

(05-16-2024, 07:39 AM)ken-do-nim Wrote: STAG only has a yield of 4.08%, so that's in a different class of equity altogether.  

I agree that ARCC and HTGC look a bit high, but MAIN is a proven grower (228% all time) and the price looks in line with its overall growth curve.

You’re looking at it all wrong. MAIN is only up that high because of the run this year. Without that big run it’s a different story. Which if why buying it now at or near a high; your chasing it. Just look at a 5 year chart. If normally trades in a range of $30-$40. So at these levels you’re over paying for yield. 

A lot of people on here, just buy buy buy, but have no patience waiting for a dip

Sooner or later this market will correct and I can add MAIN under $40 and some other monthly etf’s or stocks. This is just my opinion. I just don’t like chasing names just for yield.

My chart isn't posting but resistance at 45.73 (set 11/21) was broken 3/24 and off we go to another leg up.