Irrelevant
Well-known member
Personally no. Most of my risky shit already crashed earlier this year and I don't see it crashing any more or any harder, and my long term isn't going to change either way.
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
yeah 90% of my so called portfolio's plan, between IRA and my robinhood fun stuff, is to hold.
draft kings is the main thing i'm considering selling - already up 34% on that and am considering selling at $70 - and i'm on the fence with holding on to F45. I think i would rather take the cash from those and put them into some good long term ETF should there be a correction... or you know, something like ETH
Irrelevant
Well-known member
Sure beats my -46% on FCEL...yeah 90% of my so called portfolio's plan, between IRA and my robinhood fun stuff, is to hold.
draft kings is the main thing i'm considering selling - already up 34% on that and am considering selling at $70 - and i'm on the fence with holding on to F45. I think i would rather take the cash from those and put them into some good long term ETF should there be a correction... or you know, something like ETH
Yea isn't that the truth. Seems like everyone has been beating that drum since the market bottomed last year and they could not have been more wrong. I seriously don't understand why people think they can predict a correction.
Not changing one thing. Been sitting on my hands all year and last and that's been the best thing I could have done. Would love to see that correction though to buy lower.
i'm literally still stinging from buying a 40c on Purple for 3.86 in preparation for march earnings report. my friends and i were all convinced earnings would be a big "beat expectations"
they missed earnings by a little bit, managed to sell my call for 0.15.
when you're only playing with a couple grand in robinhood that one killed me on the inside.
i agree, i was hesitant to put more money in the S&P back in june and july. but whaddaya know, those two purchases are up a combined 6%
i can't get myself to do it right now though, even though in all likelihood i'd miss out on another 6-7% waiting for a correction and be back where i was anyway.
but regardless i have also hit my stop point on buying due to how much cash i want to keep on the sides, which is nice way to have no choice but to stay on the side for now.
LopeHunter
Well-known member
Do you like to gamble? Some do and have no regrets if walk out of the casino without a penny that trip. That freaks others out. I avoid options. I avoid casinos. With options and casinos you can leave with $0. Heck, with options you can go negative in your investment account and owe more money than "bet" for the option.
I put 90% of my stock and bond investments in Vanguard EFTs that have insanely low fees and yet a broad set of holdings reside in each of the EFTs. These EFTs tend to match the overall stock market and the overall higher-rated bond market. I may end up with a lemon such as Enron in VTI that goes to $0 yet I hold 100s of other stocks so no risk I picked the "wrong" stock. I am okay with average. Average gets me to wealthy.
I am in VTI and BND with mostly in VTI (stocks) but now at age 60 am around 20% in BND (bonds). 10% is in single stocks. I have been a fan of AMZN a long time but different strokes for different folks as you can gather from how we differ as you are reading this thread. As noted above, I don't do puts nor calls since options to me are leveraged gambling that accelerates your winnings or losings. I have done very well without taking on that amplified risk and I will never see my holdings turn to vapor with a bad choice on an option play. I have seen people make a bad option play then immediately try an even riskier bet to get that money back and then another and another while losing the discipline they promised they would have as a cool-handed option guru. Oops.
I am actively converting Traditional IRA balances into Roth IRA balances. My goal is to have 1/3 of my IRA balances in Roth. I am paying the Roth conversion tax out of my taxable funds rather than withholding from transferred funds. I am overpaying my Federal taxes so can buy $5,000 of IBonds for me and for my spouse which is our annual max to to AGI limitations which otherwise would allow us to each buy $5,000 more in IBonds.
I also own two homes free and clear and have no debt. I treat the vacation home as a "bond" since could sell it. The carrying costs on a house are much more than if put that money in BND though a happy spouse makes a happy spouse. You can carry mortgages and not try to pay them down early in order to invest what would have been early loan repayments. That is a strategy that usually pays off but I like waking up knowing I owe no one a penny on anything. I did not reach that point in life until my 50s, though, and feels great even with the awareness I could have more wealth at minimal risk if I instead slow-paid a mortgage at today's very low interest rates. I am not trying to get every last $1 if can sleep a bit more sound each night. We are all different, though, so know yourself and act accordingly.
The UN says $6B from the world's billionaires could solve a hunger crisis. Elon Musk says he will sell Tesla stock and donate proceeds if the UN can prove that.
Musk was responding to a plea from the UN World Food Programme's director, who recently said $6 billion could save 42 million people from starvation.
Thought this was pretty cool. Philanthropy possible rescue? Mob bosses, politicians are eyeing how to get their greedy fugging hands on money that may teach people to fish with the resources to stock fish.
Interesting claim by the UN.
Beanland_fan
Active member
It was fun to see Elon go back at him on Twitter, offered to sell Tesla stock and donate $6B if they could prove it all goes to charity….
The UN says $6B from the world's billionaires could solve a hunger crisis. Elon Musk says he will sell Tesla stock and donate proceeds if the UN can prove that.
Musk was responding to a plea from the UN World Food Programme's director, who recently said $6 billion could save 42 million people from starvation.www.yahoo.com
Thought this was pretty cool. Philanthropy possible rescue? Mob bosses, politicians are eyeing how to get their greedy fugging hands on money that may teach people to fish with the resources to stock fish.
Interesting claim by the UN.
Daughter said they're having a big celebration there today. The president of NASDAQ is there for it!
Irrelevant
Well-known member
No... but I certainly thought about it.
Check out Rivian Automotive's stock price (RIVN) in real time
Get Rivian Automotive Inc (RIVN:NASDAQ) real-time stock quotes, news, price and financial information from CNBC.
www.cnbc.com
Always a challenge to be part of the select brokerage firm(s) for IPO access. These are typically epic to start then the ebb and flow of market activity assumes its role.
No way the vast majority of us has/had access to this IPO, unfortunately. Big money though for today!
No way the vast majority of us has/had access to this IPO, unfortunately. Big money though for today!
Alaska Bush Hunter
Member
- Joined
- Dec 3, 2021
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- 45
SAJ-99
Well-known member
Alright! We have to appreciate you not messing around with any reasoning or explanation and just making straight predictions. Welcome to HT. We will be watching…
Benfromalbuquerque
Well-known member
- Joined
- Jul 15, 2020
- Messages
- 1,621
Alright! We have to appreciate you not messing around with any reasoning or explanation and just making straight predictions. Welcome to HT. We will be watching…
Attachments
Alaska Bush Hunter
Member
- Joined
- Dec 3, 2021
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- 45
Things to watch
Ukraine and Russia and US response.
US military to my knowledge has not been given warning order of possible deployment.
We have No Armor Division or Brigade in Europe to counter Russia. It appears US is a paper Tiger.
This could effect markets psych in 2022.
Ukraine and Russia and US response.
US military to my knowledge has not been given warning order of possible deployment.
We have No Armor Division or Brigade in Europe to counter Russia. It appears US is a paper Tiger.
This could effect markets psych in 2022.
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