Originally Posted by Jenson71:
If I wanted to put 20% of my entire IRA (retirement in 30+ years) into one stock in the hopes that over 5-10years it will outperform the market, is DE a good investment for that purpose?
I don't know a thing about Deere but the answer is a complete and utter "**** NO!"
WTF would you put 20% of your IRA into one ****ing stock? That's just plain ****ing idiotic no matter which stock it is! [Reply]
I wouldn't put more than 2% of your portfolio into any single stock. Not with your IRA. If you are talking about speculation $'s then that's different but your retirement $'s no. Absolutely not. Nothing more than 2%. [Reply]
Originally Posted by petegz28:
I wouldn't put more than 2% of your portfolio into any single stock. Not with your IRA. If you are talking about speculation $'s then that's different but your retirement $'s no. Absolutely not. Nothing more than 2%.
Alright. Just asking for a friend. I’m personally planning on dying before retirement so i just speculate entirely with my IRA. I call it tax free gambling. [Reply]
Originally Posted by Jenson71:
Alright. Just asking for a friend. I’m personally planning on dying before retirement so i just speculate entirely with my IRA. I call it tax free gambling.
When doing retirement planning, people often don't consider the huge advantages of dying young. [Reply]
I own 180 put options at $33.50 strike on TWTR that expire Friday. I paid $9 a contract plus commissions. If today turns out to be as bad as the futures look right now, I may have hit a nice score. [Reply]
Originally Posted by Jenson71:
If I wanted to put 20% of my entire IRA (retirement in 30+ years) into one stock in the hopes that over 5-10years it will outperform the market, is DE a good investment for that purpose?
You’re younger than me so there is no way to tell in that timeframe. Too much shit can change.
In the short/intermediate term probably not. Ag-everything right now is ass. I can’t imagine forestry is better. Commercial/Home turf doesn’t move enough dollars to move the needle.
I’d pick them over Agco or CNH, but expecting them to outperform the market is a big ask in their environment. [Reply]
Hog Farmer got out of pigs and pork too soon. The Chinese are buying every piece of swine they can find at ridiculous prices. Profits at all time high for hog farmers.
Originally Posted by Jenson71:
Alright. Just asking for a friend. I’m personally planning on dying before retirement so i just speculate entirely with my IRA. I call it tax free gambling.
I see you have a positive outlook on life. [Reply]
Originally Posted by HonestChieffan:
What triggered this foolishness
The headlines will tell you it is fear of a second wave of Covid....
Anyone that has spent anytime watching Wall St. will tell you it's because too many "experts" missed this rally.
It is looking more and more like this was a retail investor driven rally. Many "experts" have been holding back. One of the more prominent ones had to come out a week or two ago and admit he was wrong and he wasn't the only one.
So what happens? Quick sell offs to let them start getting back in. The futures were down just over 100 points at 9pm or so last night. What changed significantly between now and then? Nothing. [Reply]
