A spilt just worked wonders for NDVA (and of course TSLA 2 years ago). Why not do it again?
OT: Stock and Investment Thread
- Thread starter RU05
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I did an quick estimate sometime last year (prior to buying the stock directly). May be posted somewhere in this thread. It's tough to be exact since fund allocations change, but best guess was $60-75k at the time.
Not gambling or investing.....it's called behavioral science! Something I deal with at work.Is that gambling or investing? Asking for a friend
Don't really care about a split. Makes no difference to me, but if I'm being honest, this trail of breadcrumbs (allegedly), has me intrigued.I would’ve never guessed that you are a Elon fan.
T Rowe's Growth Stock Fund:
Very good fund. Similar to my T Rowe Blue Chip Growth Fund, which I have been in for a very long time.
I've been looking through this thread a little bit, and some of you guys are so adventurous and venturing. You're so comfortable with the fact that you might lose money if your bets or investments don't pan out. For me, it's safer to invest in real estate. I prefer the focus on the modest returns with security, and I'm completely fine with it. I used to keep my money in a bank account, but I got the idea that money must work one day. I've learned some things about finances services here https://www.humaninvesting.com/financial-planning, and I hope it all works for me.
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The problem is that so many people dove into the market right after COVID and are now under the impression that the Market can only go up and it doesn’t matter where you buy into stocks. All it takes is a painful lesson like past corrections to reset expectations.
FYI - great video. Worth watching, at least via the 9 min mark. The history of the everything bubble!
.....https://www.youtube.com/watch?v=N8FJf-_rRvc&list=WL&index=20
Not linking, cut and paste without the "....."
Manage your own risk. I have conservative investments- beach house, 401k, etc. What I talk about on here isn’t insignificant, but is what I’m comfortable losing. Everyone’s risk is different
+1
The vast majority of chatter on this thread is about "fun" money or our accounts that we take more risk with. Personally, 95%+ of my investments are via funds and ETFs. Stocks and crypto is a very small portion of our holdings.
Yeah, maybe lockdown stocks and certain sectors, but just about every single asset class is pushin ATHs. I’m not a fan of Chamath Palihapitiya but he’s no dummy. I was surprised to see him selling to raise cash but sky high valuations and 30-year high for inflation creates highly unusual investing environment and most retail traders don’t appreciate the risk.
Sorry, I didn’t make up the security guard character for the post. You must not get out much. Go talk to people. Three twenty-somethings at my gym the other day were talking about how they own Tesla stock. Sounded like they made $$$ on it so good for them but these guys have entry level jobs making peanuts and live at home. My co-workers’s son just graduated from BU last year and she said he’s borrowing money from anyone that will give it to him to buy coins. The retail trader and new investing guard is real. Which is good and bad.
Forgot to mention on Friday, ATH for the Daq. Based on the video/link that I posted above, it has been fun looking back at all the hysterical "the crash is coming" articles since 2014. Pretty comical how wrong the bears have been for so long.
Will we have a down year eventually? Of course. Will it be 2022? Maybe. However, remember that the market isn't about facts or reality. It's about expectations. Everyone and their mothers expect rates to go up soon. We recently saw this with the tamper announcement. Everyone expected it, so the market actually went up on that day. Will the market freak-out and correct next year if the Feds raise rates a few quarters? Not sure about that.
Stay away from the crazy specs for now and steady as you go.
See sig below:
Will we have a down year eventually? Of course. Will it be 2022? Maybe. However, remember that the market isn't about facts or reality. It's about expectations. Everyone and their mothers expect rates to go up soon. We recently saw this with the tamper announcement. Everyone expected it, so the market actually went up on that day. Will the market freak-out and correct next year if the Feds raise rates a few quarters? Not sure about that.
Stay away from the crazy specs for now and steady as you go.
See sig below:
Here he goes again. The picture in the tweet is from the Viking attack on Iona in 1209. More 12/09 trolling
I work retail in a small shop with about 400 customers a day. I talk to people plenty.
Your stories sound as phony as a rainbow pony.
There's a difference between handling a purchase transaction and a conversation between two people working out next to each other.
It's a small shop, I know many of the customers personally.
But sure, let's talk stocks with the security guard, and then belittle his opinion, and his hourly wage, on a message board.
Because you know there is some stupid cliche about barbers and cab drivers from 50 years ago. Been hearing that one for over a year now.
Is that what you ride - a rainbow pony? T2K said use a little more hand action next time. Clown.
Been hearing it for close to 50, and sometimes it's true. But close your eyes, stamp you're feet and chant "na, na, na, na, na " if you want.
It's not about closing my eyes to anything. It's about calling dudes out for acting like they are better then someone else in a story that sounded like BS to begin with.
Keep living in your bubble. There’s a world out there and if you look and listen hard enough you may actually learn something. Anybody that doesn’t realize the retail investor is one of the main reasons (aside from Fed policy) the market has ripped doesn’t have a clue. There are people in the market now that 2 years ago had no clue GameStop was even a publicly traded company. And while I appreciate the high level of market participation because I’ve benefited greatly, investment fundamentals no longer exist thanks to the RH traders and Wall Street money riding the retail wave.
Yeah, I made up the security guard story. Right. Sure. What makes it even more amusing (for the believers) is the guy is a retired cop from Upstate NY collecting his pension and yet he asks just about anyone that walks in the door about crypto. He’ll be the first to admit he’s not looking for singles. He wants to retire for good. Made money off BTC but got smoked in a few rug-pulls. Regardless, the point is that a few years this scenario did not exist as far as I know. Same goes for twenty-something’s talking stocks at the gym. Whole different ball-game.
But with the amount of information out there, and the accessibility to trading doesn't it make sense that more everyday folk are investing?
That dude is on ignore again. Not because he is a douche, but since he is a complete waste of time. I have learned a lot from every regular poster in this thread.....except him.
So he is officially gone. LOL!
…said the guy pumping ARKK at $160. We should just call you ATH instead of T2K since you pump every stock no matter what the price, while assuming what goes up can never come down.
I don’t disagree. Access to info has helped bring people into the Market and that’s not a bad thing, especially when Wall Street no longer has a distinct advantage (at least there is an appearance of equal access). My main point is that the security guard, gym-rats, etc. seem to have this impression that the stock market and asset classes like crypto are simply ways to make a fast buck and not an investment vehicle for long term wealth creation. They hear people are getting rich off BTC so they buy BTC. They hear people are getting rich off GME so they buy GME.
Add, and it's now cool to do. IMHO that was the motivation behind a lot of the meme mania, But "cool" doesn't belong in investment decisions.
Here he goes again. The picture in the tweet is from the Viking attack on Iona in 1209. More 12/09 trolling
The Iona Abbey was first attacked by Viking raiders in 795, with subsequent attacks taking place in 802, 806, and 825.
In my brief search, the 1209 attack is a bit sketchy in the historical records.
Still, all in good fun. The days leading up to 12/9 are going to be entertaining.
Yet, Tesla fans wonder why so many investors think the stock is smoke and mirrors. Name another great company that does or need to do this?
Silly post. It's not the "company" doing this, it's Elon. He is a unique person and does unique things. But remember, at the end of the day no company has come remotely close to doing what TSLA has done with profitable mass production of EVs.
You mean technoking of Tesla or Master of coin? LOL. You are right that no company has done what TSLA has done with EVs. But there are a lot of companies that are much more profitable than Tesla.