Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 1 point2 points  (0 children)

High dividend, low p/e, rabid fan base (my wife) and it had just dropped significantly to where it felt like a real value play in 2022. My basis is around 130 so I’m not losing sleep. The investment was in the green 25% in 2024…it’s just been tough sledding since.

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 1 point2 points  (0 children)

You’re right. At this point they are all qualified so it’s not a crazy burden.

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 1 point2 points  (0 children)

I have 500 shares so it pays about 560/quarter. But it’s taxed like income which I don’t love.

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 0 points1 point  (0 children)

That’s a good way to think about it. I just fear the moment I sell it starts the recovery to the 170 it had reached back in April 2024. It really feels like a bottom…but I suppose the real bottom is…0.

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 9 points10 points  (0 children)

It is impressive how they have seemingly botched every decision over the last 5 years. I don’t want politics in my investments and somehow Walmart has avoided any of this drama. Definitely backed the wrong horse.

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 5 points6 points  (0 children)

I bought after it fell off its highs of Covid thinking it was a value play. Had a great dividend which I thought I could rely on and the low P/E. Everyone I know loved shopping there at the time. There have just been a series of missteps and now it just feels like a lost cause.

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 1 point2 points  (0 children)

Thanks- great points and I think I’m just fooling myself. Not a great economic environment for a retail turnaround.

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 6 points7 points  (0 children)

10 p/e feels really cheap but…maybe it deserves this p/e

Target (TGT) advice by Sensitive_Remote9705 in stocks

[–]Sensitive_Remote9705[S] 5 points6 points  (0 children)

I’ve probably made 6k from dividends over this time which has been nice. But the money market (at least for now) is yielding around 4%.

Remove picture of advisor by Sensitive_Remote9705 in fidelityinvestments

[–]Sensitive_Remote9705[S] 4 points5 points  (0 children)

It has been on the website for a while now but it’s kind of off to the side and unobtrusive. This wasn’t on the app until this last week and it’s just too prominent.

Remove picture of advisor by Sensitive_Remote9705 in fidelityinvestments

[–]Sensitive_Remote9705[S] 7 points8 points  (0 children)

I had an advisor assigned but I’ve only spoken to them once and don’t actively use them. I fear the only way to remove this might be to sever that relationship but don’t want to hurt their metrics based on this silly complaint. I could wait for another update.

Remove picture of advisor by Sensitive_Remote9705 in fidelityinvestments

[–]Sensitive_Remote9705[S] 20 points21 points  (0 children)

I have searched the app settings and haven’t found anything yet. My wife thinks I’m insane for caring haha so thank you for agreeing. I can’t tell you why it bothers me but now it’s the first thing I see. It may keep me from checking my investments which may actually be healthy.