McBokonon
Footballguy
Could start nibbling today if you don’t have a position yet. I think I’m waiting this out a day or two before adding.ABNB has a lockup expiration on Monday - best time to buy might be after that.
Could start nibbling today if you don’t have a position yet. I think I’m waiting this out a day or two before adding.ABNB has a lockup expiration on Monday - best time to buy might be after that.
Patience, paduan...There’s still time but I’m happy with just about flat.
Over 20 years, just about anything is worth riding out. Folks who were 20 years out in 2008 are fine now, though with seven years left, it might be time to tweak.There are a lot of smart people in this thread, maybe you can confirm what I am thinking as I am not smart on this topic.
I have 20 years until retirement and am about 80% invested in equities.
If inflation causes a lot of volatility for the near future am I correct in just riding it out?
It's a matter of risk tolerance, but I'd strongly recommend keeping your set portfolio, maybe check once every 6 months and ignoring the noise unless you enjoy the process of trying to beat the market. I'm 12-15 years from Retirement, almost all equities. But in my wife's IRA, which mirrors what I'd recommend to most people, she's 15% VTIP.There are a lot of smart people in this thread, maybe you can confirm what I am thinking as I am not smart on this topic.
I have 20 years until retirement and am about 80% invested in equities.
If inflation causes a lot of volatility for the near future am I correct in just riding it out?
Yep. It's possible those who sold out in an 2007 would be better off today but good luck timing that correctly.Over 20 years, just about anything is worth riding out. Folks who were 20 years out in 2008 are fine now, though with seven years left, it might be time to tweak.
Thanks for the reminder on this. I had bought it a little high the first time, so today was a green exit finally.Sold almost all my UWMC this morning at $8.40. so at least that's a positive for the day.
That’s the problem with jumping out is that you have to jump back in quickly or else stuff jumps and you sit around waiting for a better entry and never do it. Or, worse, they see the cash hanging around and decide to spend some of it. I just read something about the outflows and inflows for the ARK main fund and it mentioned that most people got in during November and were all underwater at this point. That’s why most retail investors do poorly. They chase gains and typically get in after the run up. The April to November run was huge so if you missed it, you bought high and maybe even already jumped ship and will miss the bounce back.It's a matter of risk tolerance, but I'd strongly recommend keeping your set portfolio, maybe check once every 6 months and ignoring the noise unless you enjoy the process of trying to beat the market. I'm 12-15 years from Retirement, almost all equities. But in my wife's IRA, which mirrors what I'd recommend to most people, she's 15% VTIP.
Yep. It's possible those who sold out in an 2007 would be better off today but good luck timing that correctly.
There are a lot of smart people in this thread, maybe you can confirm what I am thinking as I am not smart on this topic.
I have 20 years until retirement and am about 80% invested in equities.
If inflation causes a lot of volatility for the near future am I correct in just riding it out?
Over 20 years, just about anything is worth riding out. Folks who were 20 years out in 2008 are fine now, though with seven years left, it might be time to tweak.
I agree with this. You have 20 years until you retire. Once you retire you don't need all the money at once. You will hopefully need that money for another 20 to 30 years. Some people think of it as buckets of money. I need 1 bucket for the first year and another bucket for the 2nd year and so on. So only a portion of the total needs to be more secure. As OZ said it is a matter of risk tolerance as to how quickly you shift the money.It's a matter of risk tolerance, but I'd strongly recommend keeping your set portfolio, maybe check once every 6 months and ignoring the noise unless you enjoy the process of trying to beat the market. I'm 12-15 years from Retirement, almost all equities. But in my wife's IRA, which mirrors what I'd recommend to most people, she's 15% VTIP.
Yep. It's possible those who sold out in an 2007 would be better off today but good luck timing that correctly.
Interesting but aside from working out (there’s established products for that), I couldn’t think of a good reason to sit in front of my mirror longer than getting ready in the morning. Just feel like your phone, head implant/glasses, TV, personal assistant (like an Echo) and the like are more likely to be in places that you’d spend enough time to need a smart assistant.Any interest in Capstone (CAPC)? Not sure if mentioned before but went back to see and couldn't find anything.
currently 1.65 on OTC. Rumors of NAZ uplist, and the whole dog/pony show heard before. Shareholder meeting this week.
Working on the smart mirror tech to be available soon and in a store near you.
I threw away another 15-20 of them this morning. I still don’t know why I can access/vote in Fidelity’s site/app but the little checkboxes that say edelivery of everything are useless.It's time to start selling off a very specific group of stocks. Those that don't provide the , "vote for all board members" or "vote board members individually" option. Think I have carpal tunnell now.
Great point on the not needing everything year 1. You can’t ignore growth in retirement as well, just need to ensure you’ve got a nice cushion of safe stuff to weather a storm. The Financial Crisis happened, the dot com bubble happened and the pandemic drop happened but if you had enough time, you recovered and then some. Time is a great equalizer and helps smooth out the bumps but also gives you access to the higher returns.I agree with this. You have 20 years until you retire. Once you retire you don't need all the money at once. You will hopefully need that money for another 20 to 30 years. Some people think of it as buckets of money. I need 1 bucket for the first year and another bucket for the 2nd year and so on. So only a portion of the total needs to be more secure. As OZ said it is a matter of risk tolerance as to how quickly you shift the money.
Right. This is the reason the pie cake makes sense.Great point on the not needing everything year 1. You can’t ignore growth in retirement as well, just need to ensure you’ve got a nice cushion of safe stuff to weather a storm. The Financial Crisis happened, the dot com bubble happened and the pandemic drop happened but if you had enough time, you recovered and then some. Time is a great equalizer and helps smooth out the bumps but also gives you access to the higher returns.
And now CLOV is under $7 again. Buying.Buying back into ETHE this morning.
Was just going to say that, I listened to 2 episodes of Retirement Answer Man this morning. Completely different allocation strategies, depending on when you'll need the money.Right. This is the reason the pie cake makes sense.
Big fan.Was just going to say that, I listened to 2 episodes of Retirement Answer Man this morning. Completely different allocation strategies, depending on when you'll need the money.
Agree with everything everyone replied so far, but, one thing I didn't see mentioned is to make sure your portfolio is diversified enough to withstand any one or group of stocks going bust. If it's set it and forget it maybe look at mixture of mutual funds that will take care of the diversity for you. If you do a bunch of individual stocks make sure to pick proven S&P blue-chip companies in a variety of different markets (not just tech stocks for example) and most importantly pick companies that you believe in.There are a lot of smart people in this thread, maybe you can confirm what I am thinking as I am not smart on this topic.
I have 20 years until retirement and am about 80% invested in equities.
If inflation causes a lot of volatility for the near future am I correct in just riding it out?
Well done. I wasn't online this morning and missed that. Almost everything I bought last week UWMC wise is up 25%.Sold almost all my UWMC this morning at $8.40. so at least that's a positive for the day.
I get why that is solid advice, but if you're keeping yourself to only large cap companies, you're limiting your portfolio.. If you do a bunch of individual stocks make sure to pick proven S&P blue-chip companies in a variety of different markets (not just tech stocks for example) and most importantly pick companies that you believe in.
Sure, agree. It just sounded like not knowing and picking stocks which in that case are usually big names. That's why I suggested mutual funds. I have a brokerage account that has 5 big hitter stocks and 5 mutual funds that has done really well.I get why that is solid advice, but if you're keeping yourself to only large cap companies, you're limiting your portfolio.
One option would be to select some companies like that and add like 20-30% small or micro cap in ETFs and international.
I have 15 companies in my IRA now, I think ten are in the S&P 500.
That's the way I like it.Sure, agree. It just sounded like not knowing and picking stocks which in that case are usually big names. That's why I suggested mutual funds. I have a brokerage account that has 5 big hitter stocks and 5 mutual funds that has done really well.
I'm an idiot and just threw another $1k into GBTC.GOLD has been on a nice run lately. Tempting to sell some and shift it to Bitcoin. Tough decision as I could see another 20% upside with GOLD, but GTBC can do that in a week.
Make that 180 and 14. Let's keep it going tomorrow!Stonks battling at 165 and 14. Let's go!
I don’t know the company but what’s happening?Anyone who owns High Tide Inc care to explain to a newb like myself what I'm supposed to do next? It's all jacked up in my Etrade account.
There's a 15/1 share consolidation that happened on 5/12 split and it's now trading under a new symbol. My etrade account the ticker went from HITIF to 42981E104 and it's been at the same price/number of shares since Wed with no volume. Trading is happening under the new ticker. I assume eventually my shares will be converted but not sure how long that typically takes or if I need to do anything.I don’t know the company but what’s happening?
I dunno, I just like blindly bagging on Chamath.Revenue of $11.3 million, up 35% from the fourth quarter of 2020 and up 234% from the first quarter of 2020. Projected '21 revenue growth of over 500%.
Accelerated customer adoption, adding more customers in the first quarter of 2021 than all of 2020 combined
Completed redemption of all outstanding public warrants
I mean, if you bought a company with $18M in '20 revenue for $15+, what were you expecting them to do in Q1 '21?
But I still assume it trades at 13.99 in the first hour tomorrowAMC is mooning in after hours
Great news!https://finance.yahoo.com/news/virgin-groups-vg-acquisition-corp-105400573.html - VGAC finally sets a date to convert to 23andme. Been sitting on this for what feels like forever.
Well nevermind.T has been a nice surprise this year spinning off businesses that others can probably run better
Cramer thinks the dividend will be cut in half. A lot of current shareholders are there for the dividend.Well nevermind.
One of the MILFs on my kid's baseball team said you can make wine with a Instapot.Revenue of $11.3 million, up 35% from the fourth quarter of 2020 and up 234% from the first quarter of 2020. Projected '21 revenue growth of over 500%.
Accelerated customer adoption, adding more customers in the first quarter of 2021 than all of 2020 combined
Completed redemption of all outstanding public warrants
I mean, if you bought a company with $18M in '20 revenue for $15+, what were you expecting them to do in Q1 '21?