*Investors Blog*
- Thread starter Warstud
- Start date
Lemme finish lunch!
Well, I pulled the trigger. My intention if ever given the chance will be to buy back. Who knows.
GM roughly 22% gain in 60 days.
Purchase 29.60 sold 36.275
Funny thing is I think it will go higher but been down that road, need a rest.
I still think it's a bargain but the public needs to be onboard. Wont hesitate to buy it back, I mean where is the risk? 5 times earnings I just think based on nothing what so ever the market has climbed a bit too fast.
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Congrats @alarmguy. Bring home the groceries!Well, I pulled the trigger. My intention if ever given the chance will be to buy back. Who knows.
GM roughly 22% gain in 60 days.
Purchase 29.60 sold 36.275
Funny thing is I think it will go higher but been down that road, need a rest.
2023 is proving to be quite a year. I hope you are in the game. All time highs. If you can't make money in this market, well I don't know what to tell you. It's like free money...
Still want to put my VXX hedge on, but I think we melt up into at least early January. I feel like I am being greedy?Next Stop - deflation
Not sure - is being 2 weeks ahead of Cathie Woods good or bad?
Secular bull market continues through thick and thin and the driver seems to be the same. I have a lot less skin in the game, but I collect a lot more interest that I used to.
When people start saying "free money" dough, time to bail!
Whatever she does, do the opposite! Her fund is down $100 a share in less than 3 years and it needs to go back up almost 300% to get back to its high! Now she brings up Meta? Why didnt she when is was $70 a share a short while ago. (I do still like the company though)
She is nothing more than a mass media darling. Beware of them. Dont worry, sooner or later she will be right, just flip a coin.
Ps, where was she one year ago?
Yes, I was referring to her comment on deflation in the bottom of the screen since to your point she is always wrong so maybe I am wrong on that.
I don't know much about the magnificent 7, other than seldom does the same sector overperform two years in a row, so odds are against them in 2024 - for overperformance, not a comment on them keeping up with the market. Purely past trend, not a forecast.
Meta was one of my should have could haves... and I REALLY dont have many... but I still did well, just not like that. Sometimes it takes guts to jump in a stock when the whole world thinks it's wrong. Only recently now that our move to the new house is settled in am a a little more focused on my (lack of better words) trading Roth. Anything goes, long term and short.
Heck, I'll be tickled pink if GM gets slammed a little bit more to buy it back. The new Blazer EV software thing is a disaster. But they will work it out... maybe soon, maybe in a year or two? *LOL*
- Joined
- Jul 15, 2023
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I’m selling like crazy. Don’t want to be a bag holder.
Well there is absolutely no volume, so you must be the one that just pushed it negative
I learned a long time ago not to fight the market so I no longer do. I try to be reasonably "conservative" whatever that means now a days. (as lower range P/E ratios, again, whatever that means now a days)
To me, there is no economy, hasn't been one for a long time. It's all fake, more fake then ever so I only think it will end once we, as a nation are forced into not adding more to the national debt or the national debt being so expensive to finance that it all comes down.
What am saying, my personal opinion and I know nothing because I thought/think we are past due but "I learned not to fight the market"
With that said, there will be a time, within the decade (?) or year (gulp) where the Federal Government will no longer be able to borrow money to make the taxpayers feel good about themselves.
Good god, well over THIRTY TRILLION dollars (and climbing rapidly!) in borrowed money (like hello?) because we are too lazy to support ourselves and suck wind, work hard when times get tough.
It will come tumbling down in a bad way, in the meantime, "I learned not to fight the market" because we are still in a place that they will keep running the debt up and living on borrowed money (all of us) at this point the American people could care less how much we borrow, UNTIL the day they do care and that day will come, once the crash comes and we can no longer borrow our way out because we have been since 2008. IT will be a great reset recorded in history "but I learned not to fight the market" Then again, I KNOW NOTHING>
To me, there is no economy, hasn't been one for a long time. It's all fake, more fake then ever so I only think it will end once we, as a nation are forced into not adding more to the national debt or the national debt being so expensive to finance that it all comes down.
What am saying, my personal opinion and I know nothing because I thought/think we are past due but "I learned not to fight the market"
With that said, there will be a time, within the decade (?) or year (gulp) where the Federal Government will no longer be able to borrow money to make the taxpayers feel good about themselves.
Good god, well over THIRTY TRILLION dollars (and climbing rapidly!) in borrowed money (like hello?) because we are too lazy to support ourselves and suck wind, work hard when times get tough.
It will come tumbling down in a bad way, in the meantime, "I learned not to fight the market" because we are still in a place that they will keep running the debt up and living on borrowed money (all of us) at this point the American people could care less how much we borrow, UNTIL the day they do care and that day will come, once the crash comes and we can no longer borrow our way out because we have been since 2008. IT will be a great reset recorded in history "but I learned not to fight the market" Then again, I KNOW NOTHING>
Best investment advice of all time, except maybe for, "Always make you money work for you, regardless of conditions."
I won't say what 2023 did for my portfolio, but I ain't complaining.
I also had a nice 2023 and all accounts at all time highs.
JP has officially made a very soft landing and we are now pulling up to jetway.
I had some peaks and troughs through the year. I'm also at my high, but not not much higher than Feb 2. The increase from Jan 2 to Feb 2 is straight up. Then I took a dump in March. Good in August. I was rotten in October and then came right back. So in summary I had 3 nice peaks and 3 valleys. I'm not going to look back though I'm fine as a whole with the performance of my picks as the difference from the peak and worst valley is only $200K.
Greed is good. Take whatever the market will give; it has no problem taking from you!
Yes, well today it would have given me a 4% loss, so greed wins for another day.
No way volatility stays here for long, IMHO. But its santa's rally so it will likely continue to melt up.
To win big….. you have to bet big.
