ChiefsPlanet Mobile
Page 113 of 941
« First < 1363103109110111112113 114115116117123163213613 > Last »
Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
WilliamTheIrish 02:38 PM 02-02-2018
Originally Posted by Rain Man:
That was my philosophy on various debts. I just wanted them off the books as fast as possible. At my phase in life, I'm no longer paying any debt and instead I'm on the receiving end. There's a huge mental benefit to that.
That's my take. The mental side of debt has always been the toughest part for me. Once I got a handle on it, and eliminated it, I could breathe. For some reason, that's just how I'm wired.
[Reply]
lewdog 02:52 PM 02-02-2018
Originally Posted by kepp:
What do you mean by this? Are you saying that if I move into bonds too early I would forfeit gains that I would have made had I stayed in aggressive funds? Or is different cost in moving to bonds?
Exactly right. Timing the market results in forfeiting gains much more so than actually timing the market correctly.

Buehler’s response is a perfect example. Those scared of Trump who moved money, lost 20%+ gains easily.

Originally Posted by Buehler445:
I don't want to speak for him, but I'd imagine that's what they're saying. If you'd have pulled out of your money when Trump got elected (as a lot of people talked about), especially after that overnight move on the futures, you'd have missed more than it will likely set back.

All speculation of course, that's why they call it speculating, not hedging, but yeah. There shouldn't be any other cost.

[Reply]
Rain Man 12:46 PM 02-05-2018
It's weeks like this where I really wish I could time the market. I've had a lot of money evaporate over the past few days.
[Reply]
ghak99 01:13 PM 02-05-2018
Originally Posted by Rain Man:
It's weeks like this where I really wish I could time the market. I've had a lot of money evaporate over the past few days.
At the rate it's going, I'm going to own a penny stock! :-)
[Reply]
Hog's Gone Fishin 01:31 PM 02-05-2018
I put stop losses on my whole porfolio and half of them have hit.
[Reply]
Rain Man 01:45 PM 02-05-2018
Originally Posted by Hog's Gone Fishin:
I put stop losses on my whole porfolio and half of them have hit.
I guess I'm kind of lucky because my cash position has been high (15+ percent cash), just because I wasn't finding stuff I wanted to buy. I've been buying a little each day, so hopefully it'll come back quickly.
[Reply]
ChiliConCarnage 02:10 PM 02-05-2018
I started typing a post that we'd given up almost the entire years gains. We were down to .40% YTD. Got distracted for 15 minutes or so and looked again and it's dropped off a ton more; were now - .38 for the year

edit: that was crazy. I wonder if some banks algo went haywire. At 3 PM EST the market fell off a cliff then corrected back just minutes later.


[Reply]
Rain Man 02:14 PM 02-05-2018
Quick question. If a person was to break open his fifth floor window and jump, would it kill him or just maim him?
[Reply]
BroncoDork 02:40 PM 02-05-2018
Originally Posted by Rain Man:
It's weeks like this where I really wish I could time the market. I've had a lot of money evaporate over the past few days.
Maybe you'll get it right someday, best of luck. I'm only in mutual funds, American and Putnam, so if I want to move from aggressive equity funds to bond funds there is no fee. I was thinking there would be a correction, took five weeks into the year. There will be a rebound coming up, but I'm still expecting a bear or at least flat equity market through this year. Bond funds are yahhhhh.
[Reply]
Iowanian 02:59 PM 02-05-2018
Investing is a lot like driving in a demolition derby. You put in the work, earn extra money and spend it on something fun that could/should result in a return if you're skilled and have good luck.

Then you log into your accounts, hear the count down and back up and smash into something hard. you pull forward and back into a sorry dodge dart that is stuck on the rail, making some impact and a slight display for the crown for a while, feel a rush of adrenaline. You spin mud as you round the corner through the smoke of the wreckage of the cryptocurrency chevrolet that is smashed into the bitcoin buick...you put your foot down and spin mud as you blaze through the fog and smoke just in time to find yourself blindsided in the drivers door. Your seatbelt breaks and as your body catapults across the cab into the collision with the drivers door, you see the battery sparking.

Now, I'm trying to stay composed as Ricky "rainman" Bobby is running around on the track in his underwear screaming about being on fire, even though he's not....

Today, I'm sitting back up in the driver seat, I wiggled the positive cable on the battery cut into the seat, and even through the noise I can hear the starter turning and hoping the carb isn't flooding.

I'll try to tie the seatbelt together and if this fires back up, I've still got a strong motor and the radiator is in tact.


My biggest fight right now is the urge to put money in and buy into my same stocks at the discount rate.
[Reply]
Hog's Gone Fishin 03:02 PM 02-05-2018
Bought 8 shares Amazon 2 minutes before the close.

Edit : And lost $70 in the last 2 minutes .LOLOL Fuck!
[Reply]
Rain Man 03:07 PM 02-05-2018
I own Wells Fargo! I own Wells Fargo!

via GIPHY


[Reply]
Abba-Dabba 03:10 PM 02-05-2018
Originally Posted by Rain Man:
I own Wells Fargo! I own Wells Fargo!

via GIPHY

Sup, said Janet
[Reply]
Hog's Gone Fishin 03:23 PM 02-05-2018
Started the day with a 12 stock portfolio . 8 stop losses triggered. Down to 4 stocks and then added AMZN so now 5.

The only stock that was green for me today was a friggin Marijuana stock ACBFF. Go figure.
[Reply]
JohnnyHammersticks 03:28 PM 02-05-2018
Watching people shit themselves over a 5% drop in a market that's up 25% in the last year provides a great window into why roughly 90% of day traders lose money.
[Reply]
Page 113 of 941
« First < 1363103109110111112113 114115116117123163213613 > Last »
Up