OT: Stock and Investment Thread
- Thread starter RU05
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Good luck hedging and watching all those returns pass you by. Happy to keep taking advantage of scared people like you! Hopefully you are not such a beta in real life. LOL.
T2K is starting a war in the stock and investment thread. I tend to ignore him since he attacked me at least 3-5 years ago about my investment strategy and thinking his buy and hold strategy was the only way to invest. He’s basically been investing after 2008 and only seen interest rates drop during most of that period. Everyone in the beginning of their investing starts with buying and holding mutual funds. Only when your assets grow, you start investing in individual stocks and change your strategy. Investing in 7 figure investments is difference that a couple hundred thousands. Even he is changing his investing the last year or so by investing in individual stocks.
There is no one investment strategy that works, there are plenty that works. I don’t criticize how other people invest but I might not agree with them. I mention the way I invest so that it might open others up to another way of investing.
There is no one investment strategy that works, there are plenty that works. I don’t criticize how other people invest but I might not agree with them. I mention the way I invest so that it might open others up to another way of investing.
I just pointed out over the years how much you were missing out, especially with what happened in March 2020. It wasn't just you, many people in that thread missed the rapid re-correction. I was right and tried to help people think differently.
While I have expanded into individual options (stocks and crypto) it has been with new money. The bulk of our investments are funds/ETFs and barely touched. I have been blessed to gain access to some amazing closed funds. This accounts for 94-95% of our retirement money. I would love to chat more about this, but most folks seem to only care about stocks. We have 14 stocks in our fun brokerage account and been building positions in those leveraged ETFs to maximize the future upswing.
Other than the leveraged ETF positions, the biggest investment change we made this year has been moving a large position in VTV into a managed fund (DODGX - Dodge & Cox Stock). I analyzed and researched this move for a shockingly long time before pulling the trigger. Besides reallocations, we don't make changes to our existing account often. Just keep buying!
Well, you know I was almost completely out of the market in the end of Feb 2020 (85-95% cash)and did move in after the drop, maybe not as fast as I should have but made more than being in the market for the March 2000 crash. I was also out before the 2008 crash but was able to retire in 2010. Before the 2008 crash, I was basically buy and hold mutual funds Investor. Generally, the average investor shouldn’t try to time the market but reallocating assets is allowed.
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We bought all the way down in 2008 and made out extremely well and then did the same in 2020 to a higher degree. That's when we truly reached financial independence and can retire anytime we want (mid-40s for me and early-40s for the wife).
I will admit, our strategy isn't for everyone. The key is to have large inflows of disposable money each month (beyond maxing out traditional retirement savings). This is why we can keep buying as we deem appropriate. Obviously, when we retire and these inflows stop, our investing strategy will change.
Now with leverage ETFs in the mix, this 2022 opportunity will be even better!
I took profits before the huge run up but am still happy with the results.
I had reached some financial goals so while getting more would be nice I did not need more I just had to protect what I had for my goals
I went back into the market in 2020 starting with an index fund and will dollar cost average into that fund. Once I reach my goals for that money I will most likely go to safety and really will not care what the market does from that day forward
I had reached some financial goals so while getting more would be nice I did not need more I just had to protect what I had for my goals
I went back into the market in 2020 starting with an index fund and will dollar cost average into that fund. Once I reach my goals for that money I will most likely go to safety and really will not care what the market does from that day forward
Edging pretty close to it's pre-covid levels. Maybe that signifies how expensive those stocks were at that point, never mind at this point. Should we expect support at those levels.?
Many of the stocks still haven’t turned a profit. It going be a few years before investors go full force into growth stocks that don’t have earnings. It might have support but don’t expect it to increase as in the past.
IIRC, ARKF is already below pre-COVID. ARKG is the one to watch, which is close to that level. It's a pretty nice and logical basket of innovative bio-techs in the spec range (i.e., no profit and some pre-revenue). HC and biotech is going to snap back quickly, especially since 2021 was meh for the sector.
Good article on the possible SEC delisting of some China stocks due to accounting standards:
Saw this headline from Friday, but it looks like the story goes back at least a week.
Does this have an effect on oil prices?
And is China the first of many to lean back towards fossil fuels?
I do think long term this all bodes quite well for renewables, and other green energy plays.
Does this have an effect on oil prices?
And is China the first of many to lean back towards fossil fuels?
I do think long term this all bodes quite well for renewables, and other green energy plays.
Yes Mother.
Dividend plays to think about:
Dealing with one war is enough at the moment…
Locking down seemed like a great idea in the beginning, but nations need herd immunity via vaccines and inflections. Look at what is happening in NZ. Sooner it later, cases will blow up, especially in populations with limited protection. China is a ticking time bomb for COVID.
Germany looking to buy F-35 fighters from LMT.
Others are far more informed than me, but this creates opportunities for more variants (maybe they would happen either way) that will keep hitting us every fall. Hindsight, but seems like you are 100% correct that herd immunity is needed.
Always like a good chat board fight. Strong personalities, differing views. My pet peeve is investors who are overly confident in their abilities. It is extremely hard to beat the broad indexes over the LT. We had people day trading in the late 90's who really had no clue of the risk that they were taking on. Mister Market ended that. Others only mention their wins and ignore their losses. I'm conservative and don't really need to take excessive risk, especially as I age. But I fully acknowledge that I have under performed since the financial crisis. Held too much cash but my job is tied to the markets. I'm comfortable with that. Younger people can be much more aggressive and they have been rewarded over the last decade.
In Europe, covid is starting to increase again, I believe it another variant and also cutting all the precautions out like eliminating mask.
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Yeah, not surprising because 3 weeks ago I bought MU instead of LMT…
Never worry about performing to the market, just interested in increasing my asset balance. Most of the older investors on this board appear to have done well during their years of investing and are definitely more cautious than the younger investors.
COVID please visit the Russian troops…and make a trip to Moscow while you are at it.
Personally, I always have cash regardless of market crashing around me or the market is skyrocketing to the moon. No doubt rate of return is bad with rates being so low and even worse now with inflation going up. I think I've mentioned here before that it's serving its purpose for me and my conservative psychology. It's a security blanket so it's doing it's job so I'm good with it. I say often you got to be self aware, know your own psychology and risk tolerance and your knowledge base as well.
I've been trading since my 20s til and now I'm in my 40s but I largely stay in large/megacap names. It's "safer" for me and suits my risk tolerance. I rarely participated or even read much of this thread early on because the names mentioned and crazy valuations didn't interest me. I think it's important to be real with yourself in how much risk you really can handle and how much you actually know. Index funds or other mutual funds run by people smarter than me can handle the rest.
One thing no one is discussing is the spread of Covid by the refugees. Also, there are a lot more anti vax people in Europe
China COVID news finally going to exacerbate the cracks in AAPL and bring it line with FAANG and tech. 140s not far off now.
I always have cash because my wife is overly cautious to the point she creates risk
It allows me to be more aggressive especially now that some major financial objectives have been met
My dad is very conservative with investing and like @tom1944 , he essentially stopped or move to fully fixed income once he reached his goal. He also gave me the best advise ever! Regarding investments - stocks, funds, ETFs. He always said that you don't have X dollars in these, but rather X amount of shares. The value will go up and down, but that you own stays the same. This has kept me grounded during downturns. My goals is to acquire more and more shares (more so that having X dollars in a particular fund). To this day, I know the amount of shares that I own for my big investments more than the actual dollars.
Over the past 10 years, I have beat the S&P 500, not sure of year by year, but this is likely due to my growth lean. Obviously, I talk a big game with crypto, stocks, and leveraged ETFs, but 95% or so of our investments are funds and ETFs. The account we do the most buying in is our E-Trade brokerage account. We dump a ton into here since our retirement accounts are maxed out. This account is a set of 8 ETFs. In order of size: VONE, IWF, VTV, VIG, IGM, SOXX, VO, VB.
Perhaps it is time for Putin to reconsider his actions. This is also a nice warning for China (who is actually more dependent on western finances).
Thanks, sold some of my AMZN after the split announcement when it hit about 3, 150, and GOOG and brought some back today about 200 points lower. Got to lower my stock price.
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AAPL breached the 200DMA today. Mention a bit ago felt like that was coming but didn't know when. A close below and more importantly if it spends any appreciable time below it convincingly and it'll likely be firm resistance. Same things have happened to MSFT, GOOGL, AMZN, FB
The whole tech space is down on fear and sentiment. Nothing to do with 200DMA. If these emotions continue, the stocks will go down more. When it changes, they will go up. That's my TA. LOL!
I mentioned recently I thought resistance for AMZN imo is somewhere in the 2900-3000 area. Currently I'd only consider buying near the lows of the year in the high 2600s-low 2700s like last week when it actually had broken prior year lows. Then use a stop to limit losses if it goes lower or have a target of another place to add if you want to average down. I wouldn't be surprised for a drift to the mid 2000s or lower over time.
SBUX in the high 70s a place I mentioned it could go. NKE also down a bit. China COVID news probably hitting them inordinately.