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Stock Thread (18 Viewers)
- Thread starter St. Louis Bob
- Start date
Sand
Footballguy
Interesting trivia here. Take a guess what country had the best market over the last 20 years? Now, look at the list.
No, you didn't guess it.
No, you didn't guess it.
The Z Machine
Footballguy
Dominated by like 2 pharma companies though, right? Blockbuster "diabetes" drugs that celebs are taking to drop 15 lbs.
JB Breakfast Club
Footballguy
ME going bankrupt. I thought this SPAC was a sharp investment, but its been a disaster from day 1.
Yo Mama
Footballguy
At first I thought you were lamenting your personal portfolio’s performance.
Nugget
Footballguy
Out here
Sand
Footballguy
And the Fed is drifting to one rate cut this year. We'll see in the summer when they drift to zero.
@Sand DM up 90% today. I closed my position.
Nibbling on the pause today...by nibbling I mean nibbling crumbs picking up 0.5-2 shares. Nothing really compelling today, just want to get some more of this cash into the market. I had shifted from 40% to 20% and moved off stocks like Disney, but still feel a little light in the market. I hope this sale comes everyone was talking about, but I feel like new highs are more likely headed into the summer.
Nibbling on the pause today...by nibbling I mean nibbling crumbs picking up 0.5-2 shares. Nothing really compelling today, just want to get some more of this cash into the market. I had shifted from 40% to 20% and moved off stocks like Disney, but still feel a little light in the market. I hope this sale comes everyone was talking about, but I feel like new highs are more likely headed into the summer.
Klimtology
Footballguy
Man, do I feel dumb.
The Z Machine
Footballguy
why's that?Man, do I feel dumb.
Klimtology
Footballguy
I got out of the market on the Monday when is crashed and now it's cranking again.why's that?Man, do I feel dumb.
Klimtology
Footballguy
Please talk me down from the ledge.
Capella
Footballguy
You didn't listen the last time.Please talk me down from the ledge.
Dr. Octopus
Footballguy
again?Please talk me down from the ledge.
General Malaise
Footballguy
At this point, it's a bit.
Dr. Octopus
Footballguy
You mean he's not actually buying and selling off his entire portfolio on a weekly basis?
jwb
Footballguy
Please talk me down from the ledge.
Learn from this. Get back in at some point. Choose an ETF like VOO, VTI, etc. If it goes down (and it might right after you buy) don't worry about it. Because unless you think today (or whenever you get back in) is the all-time high forever after (and trust me, it's not), it won't matter.
Sand
Footballguy
These fluctuations are pretty small, all said. Pick something you can live with as far as volatility. Maybe 60/40, as that is a very standard setup. Invest and keep investing.Please talk me down from the ledge.
And pick up this book and read through it - it's pretty good for someone who frets about market fluctuations - Just Keep Buying.
Actually, it can go lower. Hit a 69-handle today. I bought some long term calls.
Klimtology
Footballguy
Thanks Guys!
Lots' of good info here!
Lots' of good info here!
Capella
Footballguy
You’re probably right but if you ever spend any time at Wall Street bets you see a bunch of young men losing a lot of money at the casino.
Sand
Footballguy
They haven't learned that you have to wait for the weighing machine to take over from the voting machine. Though I'm not immune from small ridiculous bets, just not with the corpus of the portfolio.
General Malaise
Footballguy
How many men under 35 do you think post here regularly? 2? 3?
It's a bit. Not the worst bit the board has ever seen but it's fairly obvious it's his "shtick" in here. And I can admire a man dedicated to his craft.
Capella
Footballguy
Right. I meant to say that. I don’t know what a young person would be doing here.
FreeBaGeL
Footballguy
I would say no. Just not enough growth to move the needle. They have 1000 EV/Hybirds right now, Amazon is over 15,000. 10 years from now I think there's a solution that becomes a disruption. Stock is at it's lowest point in 4 years. Reminds me of buying PFE or F.
If you want to purchase this type of stock, maybe check out Whirlpool. Forward PE under 10 and a 7.5% dividend. When the home stocks come back you should get a bounce. I've been in a lot of new homes lately and Whirlpool seems to be the answer for an upgrade look at a budget price.
UWMC is another option that will bounce when interest rates drop still paying 7% dividend and in a huge phase despite a bad housing market. Personally I think they are the leader in their field.
CAKE would be another direction that I would point you in. Not a huge dividend but the PE is decent. I see explosive growth here as they expand their secondary brands.
Probably the best play is to add NVDA, AMD, Amazon, Meta, and Google every down day, even if it's only a 1/4 or 1/2 a share.
Harry Frogfish
Footballguy
Could you explain in more detail please?
Started say huge growth phase but really meant growth phase so for some stupid reason I wrote huge phase.
Sand
Footballguy
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culdeus
Footballguy
How was Ireland negative. Didn't Apple move there?
Orange&Blue
Footballguy
i never sold any position. let it ride. you don't lose money if you don't sell on the dip.
The Z Machine
Footballguy
Never did a stop loss?
I’m with you. We’ve been living in this house for almost 20 years and my office is next to the front door (13 year old dog tells me when trucks are here), so I notice. Nice neighborhood with disposable income. We probably started using Amazon a decent amount a decade ago. Back then FedEx and UPS were the shipping trucks you saw. Slowly Amazon trucks showed up and now, it’s almost rare to see UPS/Fedex. Probably see a few Amazon trucks a day, pretty much every day. Just based on observations the past few years, I wouldn’t be investing. Between Amazon growing and last mile pickups at Walmart or Target or whatever dashing service/robotaxis, I don’t see UPS/FedEx growing.
Man, GME won’t go away. I have to laugh at all the machinations here. They basically don’t even hold earnings calls like normal companies and the Bitcoin move is just that, a move to stay relevant.
The funny parts are the believers in the comments areas that think they are a profitable company and that the earnings were great. They (GameStop) are literally an old lady with all her cash in a money market account. The profit is interest while their revenue goes down 20-30% YoY each quarter. So they’ve basically shut down more stores and trimmed more staff so it’s a company without a business.
Here’s the best part. If they actually do put their cash in Bitcoin, that profitability goes bye bye because they are no longer earning interest on that cash.
I don’t feel bad for people because they’re all adults but I have this feeling like so many of the believers bought in back in 2021 as a FOMO and they are sitting on a loss and they will just keep sitting thinking there will be another squeeze which ain’t happening since the company decided to dilute heavily when they always said they wouldn’t. Serious opportunity costs over many years when all is said and done. GME having a cash horde and hurting the business will prolong the inevitable.
The funny parts are the believers in the comments areas that think they are a profitable company and that the earnings were great. They (GameStop) are literally an old lady with all her cash in a money market account. The profit is interest while their revenue goes down 20-30% YoY each quarter. So they’ve basically shut down more stores and trimmed more staff so it’s a company without a business.
Here’s the best part. If they actually do put their cash in Bitcoin, that profitability goes bye bye because they are no longer earning interest on that cash.
I don’t feel bad for people because they’re all adults but I have this feeling like so many of the believers bought in back in 2021 as a FOMO and they are sitting on a loss and they will just keep sitting thinking there will be another squeeze which ain’t happening since the company decided to dilute heavily when they always said they wouldn’t. Serious opportunity costs over many years when all is said and done. GME having a cash horde and hurting the business will prolong the inevitable.
By lending it? I don’t think that is what the board authorized. Not sure the risks and probably regulations (starting to move into banking?) are worth it or allowed. They can’t use their existing banks to earn interest on the Bitcoin like they can on cash.
Nugget
Footballguy
Apple doesn't trade on the Irish stock exchange. ISEQ got crushed during the great recession.
Sand
Footballguy
Not in your wallet, not your bitcoin.
Dr. Octopus
Footballguy
David Dobbs still beleives.
Bitcoin is an investable asset, same as cash.
Sand
Footballguy
I would trust any outfit that holds your BTC and gives you interest. FTX, Celsius, Gemini... I can go on to defi hacks if you want, as well.
I was perilously close to losing money in Celsius, though I pulled out in time (and was small enough they didn't do a clawback on me).
Not your wallet, not your bitcoin. It's not just a saying, it's a profound statement of fact.
And it is now back down to early March levels for those looking to rinse and repeat.
