As we have said many times, buy low and sell high. When no one wants the stock you like, it’s time to jump on board. Here’s one that fits my plan that you should consider.
I’m Buying Live Oak Bancshares
Live Oak Bancshares, Inc. is a digital-focused bank headquartered in Wilmington, North Carolina. It’s best known for its niche approach to banking, especially:
Small business lending, particularly SBA (Small Business Administration) loans.
Serving specific industries like veterinary practices, agriculture, healthcare, and more.
A tech-forward model as it emphasizes digital banking and financial technology.
I’m consistent and boring. My plan is “simple.” Add basic value to maintain “market’ performance. Times are changing, and those industries that have been overlooked for years are returning to focus. Live Oak is one of them.
Yes, for those of you who follow my design, you’ll watch as I look for an entry point to buy longer-term treasuries, and yes, I’m close. Powell is going to need to bring rates down sooner rather than later. That means what’s kept me ahead of the game, cash, has to be deployed. I’ll start with LOB. How about you?
Dylan was right years ago. Times are changing, and it’s always best to be ahead of the curve. Be there, people. It works. If you have the time, read and listen to everything you can. I do. I might be boring, ahead of others, and more, but that’s the plan. I look to find value while others chase dreams. Remember, buy when they sell and sell when they buy. You’ll find the “golden” ticket most every time.