Stock Thread (17 Viewers)

[stbugs]

"Fully Invested" not sure what that means

all available cash is invested. He's saying not everyone has cash to spend, since we've had these buying opportunities since January.
I feel lucky that I can buy buy buy - but not everyone can. They're just getting buried in a hole that will take time to crawl out of,

Let me share and would you hold the mic a minute, thanks!

-We work in a non profit that puts in 5% of folks salary no matter what they do - Every single employee
They will match you dollar for dollar up to another 5%
You put in 5% and you are working with 15% or you get 2:1 on your money...that's pretty much bullet proof for whatever happens in these IRA/401K, etc...
But then we walk around at events and talk to people who openly say they do not contribute to their retirement accounts because they can't afford it
I do not believe them, they all make pretty decent salaries

I have little to no tolerance for folks that have a Starbucks in their hand and an Apple iPhone in their other hand but they are "fully invested"
"I can't afford to invest" and my response is how can you afford not to?

Financial Illiteracy which I have posted about many times on this board and been told to get a blog from folks like you is part of the problem
Most average Americans have no idea how the Rule of 72 and compound interest works.
You can have the mic back, thank you!

I have no idea what your point is. Fully invested to me is someone who has a 401k and other investment accounts but there is no cash in those accounts to invest because all the money is already invested. They’d have to sell stocks to then buy more stocks.

You seem to be wanting to equate fully invested to I can’t afford to invest. I agree with you there that if you can’t put away enough to get your free match in 401k because of luxury purchases, then you have an issue and you likely won’t ever have enough to retire.

That's exactly what i'm talking about, at least half and perhaps more of our staff at work chooses not to take the "free money"
With that in mind, I find it hard to believe that folks are "fully invested"
I think that's code for living pay check to pay check but not everyone who does that makes the best choices
My son just bought a Kia EV6 and he's 25 years old, payment is about $700 a month, we had to have a discussion and there's a good reason he did this but it's still a DEBT not an asset
My wife and I don't spend $700 a month on car payments

Interesting stat for those playing at home
@Keerock has a grocery cart thread and 98% of all FBGs minus MoP of course returns their grocery shopping carts to their rightful place


I'm just saying that the avg FBG IMHO stretches the truth a bit round here
I however never lie and proved it in that thread

Appreciate the post Bugs

No worries, but I do think more people than you think are fully invested and not playing the market like this thread. Fully invested to me means you are taking advantage of free match money but keep your money in indexes/funds and don’t want to manage things yourself.

I think if you stop using fully invested to mean can’t afford to save money, people would agree with you because in an investing thread, not having cash to buy more is not the same as I can’t afford to put money in my 401k so I don’t get the match.

 

[Dr. Octopus]

With that in mind, I find it hard to believe that folks are "fully invested"
I think that's code for living pay check to pay check but not everyone who does that makes the best choices

What thread do you think you're in?

 

[culdeus]

"Fully Invested" not sure what that means

all available cash is invested. He's saying not everyone has cash to spend, since we've had these buying opportunities since January.
I feel lucky that I can buy buy buy - but not everyone can. They're just getting buried in a hole that will take time to crawl out of,

Let me share and would you hold the mic a minute, thanks!

-We work in a non profit that puts in 5% of folks salary no matter what they do - Every single employee
They will match you dollar for dollar up to another 5%
You put in 5% and you are working with 15% or you get 2:1 on your money...that's pretty much bullet proof for whatever happens in these IRA/401K, etc...
But then we walk around at events and talk to people who openly say they do not contribute to their retirement accounts because they can't afford it
I do not believe them, they all make pretty decent salaries

I have little to no tolerance for folks that have a Starbucks in their hand and an Apple iPhone in their other hand but they are "fully invested"
"I can't afford to invest" and my response is how can you afford not to?

Financial Illiteracy which I have posted about many times on this board and been told to get a blog from folks like you is part of the problem
Most average Americans have no idea how the Rule of 72 and compound interest works.
You can have the mic back, thank you!

I have no idea what your point is. Fully invested to me is someone who has a 401k and other investment accounts but there is no cash in those accounts to invest because all the money is already invested. They’d have to sell stocks to then buy more stocks.

You seem to be wanting to equate fully invested to I can’t afford to invest. I agree with you there that if you can’t put away enough to get your free match in 401k because of luxury purchases, then you have an issue and you likely won’t ever have enough to retire.

That's exactly what i'm talking about, at least half and perhaps more of our staff at work chooses not to take the "free money"
With that in mind, I find it hard to believe that folks are "fully invested"
I think that's code for living pay check to pay check but not everyone who does that makes the best choices
My son just bought a Kia EV6 and he's 25 years old, payment is about $700 a month, we had to have a discussion and there's a good reason he did this but it's still a DEBT not an asset
My wife and I don't spend $700 a month on car payments

Interesting stat for those playing at home
@Keerock has a grocery cart thread and 98% of all FBGs minus MoP of course returns their grocery shopping carts to their rightful place


I'm just saying that the avg FBG IMHO stretches the truth a bit round here
I however never lie and proved it in that thread

Appreciate the post Bugs

The personal finance thread is down the hall to the right.

 

[Redwes25]

can someone explain to me the QQQ benefit in a nutshell?

It is just buying the Nasdaq index. Basically buying big tech with a few others thrown in.

 

[Ministry of Pain]

MOP - post your trades so we call all tail you and learn from your wise financial moves!

Follow the master of all time, DD
He taught a lot in here when he was active

I mentioned I got hooked more on investments when i started reading books that were recommended by some of the very same folks that are in here now

The market has gone straight up for quite a while since it bottomed out in 2020, anyone who was approaching retirement and has to cash in for whatever reason right now has still done incredibly well....18,000 all the way up to over 45,000 and now its come off that high...still more than double what it was 4-5 years ago

And some of us are still investing and will be doing so for at least another 10-15 years, and I mentioned the company puts in quite a bit of free money into our 401ks
I would love for the market to roll back down for a while and get more shares that I know are going to go up up up the next time we have good news, it's inevitable
Like many I have watched our net worth double in the last few years, nothing to cry about IMHO
All of you have seen your net worth sky rocket in recent years

And a whole bunch of you have cash set aside and slush finds you won't talk about it, I'm just more honest about it
See the grocery cart thread if you want to see a list of liars in here
This place has money coming out the Wazoo

 

[Desert_Power]

Follow the master of all time, DD
He taught a lot in here when he was active

I wonder how GME and AMC are doing today...

 

[Ministry of Pain]

Follow the master of all time, DD
He taught a lot in here when he was active

I wonder how GME and AMC are doing today...

 

[Desert_Power]

Powell more focused on inflation, as he should be during a massive price increase. He's not coming to bail this market out.

 

[General Malaise]

Just to out myself a bit here.....

I thought silver might be a safe spot to duck into while the hurricane hit, but it too has been obliterated.

Moral here is - never ever follow me.

Except when it involves sugary drinks.

That double up on Bros in 3 months was epic. Speaking of which, down to $56 today. You tempted?

lol....kind of, but I also think we've got more pain ahead, so I'll just wait. Glad I sold it when I did. I will be jumping back in as I don't think sugary caffeinated energy drinks are going bye bye - addiction is something I know about quite well and BROS has their hooks in deep with their customers.

 

[General Malaise]

The only green stock I have is a Congolese tin miner that's shut down due to M23 rebels taking over the eastern province of the entire country. NOTHING MAKES ANY SENSE.

 

[Stoneworker]

Powell more focused on inflation, as he should be during a massive price increase. He's not coming to bail this market out.

Powell has stated clearly for all to hear that he is going to look through tariff-related price increases

 

[Sammy3469]

Picked up a chunk of NFLX just now. I was doubting we would ever see it at these prices again.
I want to go back for more but waiting to see if it goes lower.

It’s not nearly as cheap as other “tech” stocks and I wonder if a recession might really hurt it. I have it because I’ve still got 3-4 people in the house but after Stranger Things ends, meh. It’s my most expensive streaming option and if I was in a crunch, I’d drop it. There is always something to watch but it’s definitely not something I could live without like live sports. Between Prime (free, have Paramount+ through it too), Hulu (live), Disney (cheap bundle with Hulu), Max (free with AT&T) and Apple (family plan with 2 TBs and Music), I can find a ton to watch and for the variety of reasons, the other services I have are way cheaper via bundles or just free. Netflix cost is probably equivalent to everything else I have except live TV.

It's also entirely possible that its one of the companies other countries decide to "reciprocate on" since its readily a US company and fairly easy to do (no one is really going to miss it)

Did you mean to quote me? I’m having trouble understanding how Netflix fits in unless you are saying other countries will start taxing Netflix service thus making it way more expensive and more likely foretold to drop service outside of the U.S?

Yup...a lot of NFLX's run is tied to international expansion. They're (along with the alcohol companies) are one of the easier American brands to target right off the bat especially in Europe.

 

[Dr. Octopus]

And some of us are still investing and will be doing so for at least another 10-15 years, and I mentioned the company puts in quite a bit of free money into our 401ks

It's not really "free money" - it's part of your compensation - which is why it's even more foolish not to put enough in to get that match. You're actually giving money back to your company when you don't put that 6% (at least) in there to get your match.

 

[Dr. Octopus]

Follow the master of all time, DD
He taught a lot in here when he was active

I wonder how GME and AMC are doing today...

Historical transfer of wealth....

 

[ghostguy123]

Dang, took a nap and missed getting some SOXL down at 8.18.
Guessing I'll have another chance though.
Bad news is, all my limit orders hit. Badder news is they all woulda hit 5-10% lower.

On a side note, I haven't been putting a ton into my 403b lately, so about to increase that.

 

[identikit]

And I thought a thread getting Hippled was bad...

 

[Sparky Polastri]

Powell more focused on inflation, as he should be during a massive price increase. He's not coming to bail this market out.

His part is going to be coming sooner rather than later. Fortunately, he has some interest rates to play with, but I don't think they will be enough.

 

[JB Breakfast Club]

Some moves today:

Selling VTWO (Russell 2000), NFLX, ULTA, GLPI

Adding (nibbles, parking 75% of above for a bit since I think we're going lower) NVDA, AMZN, ETHE and tiny bits of SOFI at 9.08 and SHOP at 71.

 

[Orange&Blue]

if i wasn't worried about job security I'd be buying right now.

Oh, MOP.... current liquidity is 6 months spend needs. don't think i should be moving that as a government employee.

 

[Orange&Blue]

Powell more focused on inflation, as he should be during a massive price increase. He's not coming to bail this market out.

His part is going to be coming sooner rather than later. Fortunately, he has some interest rates to play with, but I don't think they will be enough.

what's .5% interest rates compared to 10%+ tariff rate?

 

[Bob Sacamano]

Glllll O&B

 

[Orange&Blue]

American Express down 25% from it's earlier highs...

 

[Sand]

Follow the master of all time, DD
He taught a lot in here when he was active

I wonder how GME and AMC are doing today...

Historical transfer of wealth....

GME +6%. AMC only -2%.

I totally don't get these. Maybe I'm dumb.

 

[Orange&Blue]

i find it interesting the difference in reporting (extensive vs none) for this stock market crash.

 

[Sand]

Vietnam just offered to set their tariffs at 0.

 

[General Malaise]

Vietnam just offered to set their tariffs at 0.

Is that why NKE is up 4%?

 

[Wooderson]

Vietnam just offered to set their tariffs at 0.

Is that why NKE is up 4%?

yep

 

[McBokonon]

Vietnam just offered to set their tariffs at 0.

I think it's important to be specific. Trump said that Vietnam made this offer during the phone call, and that they said this would be if an agreement can be made. Sometimes his recollection of a conversation differs from the other involved parties. I'd wait for confirmation from their end before saying this happened, plus it already sounds kind of mushy to begin with.

 

[BassNBrew]

This won't end well.....

Nintendo said on Friday that pre-orders for the company’s hotly anticipated game console, Switch 2, would be delayed while the company assesses how Trump’s tariffs will affect the market.

“Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9, 2025 in order to assess the potential impact of tariffs and evolving market conditions,” a Nintendo representative told CNBC. “Nintendo will update timing at a later date. The launch date of June 5, 2025 is unchanged.”

The delay is one of the highest-profile examples of Trump’s reciprocal tariffs impacting the business plans of electronics companies, which primarily manufacture in Asian countries. It’s also a sign that Trump’s tariffs could cause uncertainty for consumers.

Nintendo did not say if it would raise the price of the console, which it announced earlier this week as $450 in the United States. IPC, a trade group focused on electronics manufacturing, estimated on Friday that game console prices could rise by 50% due to the tariffs announced on Wednesday.

 

[General Malaise]

Gavin Newsome has thoughts. I won't post them here, but they're worth seeking out.

 

[BassNBrew]

Vietnam just offered to set their tariffs at 0.

Is that why NKE is up 4%?

I tempted to sell what I bought yesterday.

 

[ghostguy123]

BUY! BUY! BUY!

-I've seen this story before my friends and it always end the same
Market has a temporary burp/tank and then it sky rockets back and everyone says the same thing
"I wish I would have bought in when the market was way down"

March 23, 2020
Dow Jones - 18,591
Grow a set and get excited about the buying opportunities that await

I'd guess most people are basically fully invested.....so where exactly are people getting money from to buy?

"Fully Invested" not sure what that means
Yes a lot of the country surprisingly does not invest in the stock market

1 politician does not control the market, we do
Panic and selling off is taking control after a run up of biblical proportions the last several years after it bottomed out due to...anyone...anyone?
That's right, FEAR!

March 23, 2020
Dow Jones - 18,591
Get Some!

It means that people already have basically everything invested already. For example me personally, all my extra money has been invested for the past 15-20 years now. As in, it's already invested.
When you say "buy buy buy" ....,...ok, but with what money? People who invest don't have a ton of cash lying around because it's already invested.
You want people to sell their house and car and then buy buy buy??

 

[ghostguy123]

SOXL is giving me the South Park vibes.
"Aaaand, it's gone"

 

[MTskibum]

My wife and are were talking last night and we may eat these losses and still cash out an extra 50k.

The company I work for already laid off 10k people in last month and I don't think it is going to stop soon.

 

[Alex P Keaton]

The S&P is only down about 10% from where it was pre-election. Is that rough short term? Sure. Is the market cheap by historical standards now? No.

Good luck to all in here. Stay calm. Don’t do anything rash. Don’t panic.

 

[Capella]

Nobody on this board is liquid for 6 or 7 figures?

why would I keep that kind of money uninvested?

 

[ghostguy123]

Nobody on this board is liquid for 6 or 7 figures?

why would I keep that kind of money uninvested?

Yeah, that seems silly. If you are, that means you lost out on a ton of gains leading up to now

 

[eighsse2]

BUY! BUY! BUY!

-I've seen this story before my friends and it always end the same
Market has a temporary burp/tank and then it sky rockets back and everyone says the same thing
"I wish I would have bought in when the market was way down"

March 23, 2020
Dow Jones - 18,591
Grow a set and get excited about the buying opportunities that await

I'd guess most people are basically fully invested.....so where exactly are people getting money from to buy?

"Fully Invested" not sure what that means
Yes a lot of the country surprisingly does not invest in the stock market

1 politician does not control the market, we do
Panic and selling off is taking control after a run up of biblical proportions the last several years after it bottomed out due to...anyone...anyone?
That's right, FEAR!

March 23, 2020
Dow Jones - 18,591
Get Some!

It means that people already have basically everything invested already. For example me personally, all my extra money has been invested for the past 15-20 years now. As in, it's already invested.
When you say "buy buy buy" ....,...ok, but with what money? People who invest don't have a ton of cash lying around because it's already invested.
You want people to sell their house and car and then buy buy buy??

I would hope the intention is, if you don't have extra cash around, stay put; but if you do, buy buy buy. I would not go buying on margin or selling things.

 

[Orange&Blue]

This won't end well.....

Nintendo said on Friday that pre-orders for the company’s hotly anticipated game console, Switch 2, would be delayed while the company assesses how Trump’s tariffs will affect the market.

“Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9, 2025 in order to assess the potential impact of tariffs and evolving market conditions,” a Nintendo representative told CNBC. “Nintendo will update timing at a later date. The launch date of June 5, 2025 is unchanged.”

The delay is one of the highest-profile examples of Trump’s reciprocal tariffs impacting the business plans of electronics companies, which primarily manufacture in Asian countries. It’s also a sign that Trump’s tariffs could cause uncertainty for consumers.

Nintendo did not say if it would raise the price of the console, which it announced earlier this week as $450 in the United States. IPC, a trade group focused on electronics manufacturing, estimated on Friday that game console prices could rise by 50% due to the tariffs announced on Wednesday.

my kid is pissed

 

[Desert_Power]

I'm still boggled by F. Started a position in CAVA.

Otherwise mostly buying VOO.

 

[Alex P Keaton]

Nobody on this board is liquid for 6 or 7 figures?

why would I keep that kind of money uninvested?

I’ll ask it differently: how do you decide how much “cash” or “equivalents” to have on hand?

I’m not a big fan of the 3-6 month rule. I’m more in the camp of 9-12 months.

But in parallel, I was light on equities for awhile now (at minimum end of my range seemingly forever) because valuations were too steep. It wasn’t until today that my own formula finally said “shift a slight amount more into equities.”

 

[BassNBrew]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

 

[Desert_Power]

Nobody on this board is liquid for 6 or 7 figures?

why would I keep that kind of money uninvested?

Yeah, that seems silly. If you are, that means you lost out on a ton of gains leading up to now

Could have also been selling things with gains. We took a lot of gains in Dec 24/Jan 25, but you always wish you did more.

 

[Capella]

I’ll ask it differently: how do you decide how much “cash” or “equivalents” to have on hand?

I don’t keep any cash around other than 5-10 grand buffer in my accounts. If something horrible happened and I needed money I have plenty of stocks I can sell off. I’m not a believer in keeping cash around. I buy buy buy like I’m in n’sync.

 

[Bob Sacamano]

Cliqueless

 

[Bossman]

Follow the master of all time, DD
He taught a lot in here when he was active

I wonder how GME and AMC are doing today...

Historical transfer of wealth....

GME +6%. AMC only -2%.

I totally don't get these. Maybe I'm dumb.

GME = Obviously a "short squeeze". It's not too late to get in.
Where's that guy that used to give us the GME short squeeze 411 in here?
.
.
.
.

(I'm kidding and being sarcastic. Don't buy it)

 

[Bossman]

Any thought to the fact that the Fed is about to refinance about 2 trillion of debt ...
Would it be beneficial if interest rates were down? Does a crashing market help them with this in any way?

 

[Ridgeback]

With HYSA as an option, not sure why anyone wouldn't just park it there for the short term until things shake out. We just broke through another major support level on the S&P. Lookout below.

 

[Ministry of Pain]

BUY! BUY! BUY!

-I've seen this story before my friends and it always end the same
Market has a temporary burp/tank and then it sky rockets back and everyone says the same thing
"I wish I would have bought in when the market was way down"

March 23, 2020
Dow Jones - 18,591
Grow a set and get excited about the buying opportunities that await

I'd guess most people are basically fully invested.....so where exactly are people getting money from to buy?

"Fully Invested" not sure what that means
Yes a lot of the country surprisingly does not invest in the stock market

1 politician does not control the market, we do
Panic and selling off is taking control after a run up of biblical proportions the last several years after it bottomed out due to...anyone...anyone?
That's right, FEAR!

March 23, 2020
Dow Jones - 18,591
Get Some!

It means that people already have basically everything invested already. For example me personally, all my extra money has been invested for the past 15-20 years now. As in, it's already invested.
When you say "buy buy buy" ....,...ok, but with what money? People who invest don't have a ton of cash lying around because it's already invested.
You want people to sell their house and car and then buy buy buy??

I did a poor job of trying to get my points across

I want to stop and apologize to those I insulted, I have no reason to be so flippant
I was actually trying to thank folks because I don't feel as nervous as I did the last time this movie played...and it is a movie/pattern that seems to repeat

-I don't think the current climate is anywhere close to the turbulence we experienced during 2020 and the start of the pandemic when the market tanked
Others may feel very different and I accept that, no reason to argue about it

I understand GG, thanks for the post

 

[Schmeabs]

With HYSA as an option, not sure why anyone wouldn't just park it there for the short term until things shake out. We just broke through another major support level on the S&P. Lookout below.

Worst case scenario where tariffs stay elevated long term and we do go into a recession high yield bonds is not want to have my "safe" money as they get murdered in recessions.