*Investors Blog*
- Thread starter Warstud
- Start date
The market WILL go down at some point. 100%.
With that said, I regret so many have missed out on the rally the past two years. Go back and look at the threads.
With that said, I regret so many have missed out on the rally the past two years. Go back and look at the threads.
I know lots of people who were absolutely sure we were going into recession for the past 2 years and they pulled out and have been sitting in cash. In that time I’m up 50%. If that’s not a lesson on why you don’t time the market, then I don’t know what is.
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DOW was about $20K 4 years ago; it's $41K today.
S&P 500 was about $3K 4 years ago; it's $5.6K today.
Chicken Little lives.
Personally I am tech heavy, mainly because of my working days. Results are mind blowing. Sometimes you get lucky.
I am rockin' with the small caps.
Oh yeah, the tech heavy NASDAQ was about $9K 4 years ago; it's $17.7K today.
Bring home the groceries.
Bring home the groceries.
Keep saying those Hail MarysLet’s keep it rolling. Nice to see all time highs.
Messin' around with NVDA, like millions of other computers.
Yeah, darn it, killing me though I am glad at this point that I sold at a slight loss last month. I could buy it back right now but, I dont know, feel like I am gambling even though the company is kicking A__
Then the Blackwell delay, yet strong guidance and unreal amount of upgrades from analysts which sometimes makes me even more nervous.
But Im watching it, I would think long term is a safer bet but that isnt me with any technology (sadly) I dont have enough years in my life to sit something out for "long" term ... maybe.
I cant help but feel one or two things today. A strong move up or a strong move down, which one is it? *LOL*
SO who is right?
Here is the counter argument, sort of
https://finance.yahoo.com/news/the-biggest-challenge-for-nvidia-stock-in-one-chart-142146081.html
I dunno the magic answer to NVDA, but dang the premiums on covered calls were sweet. Almost like they tell the story.
Great buying opportunity. Just enter a reasonable limit order and sit back. Plus I already bought back my covered calls for pennies on the dollar. Sweet deal. I have a low ball order in now. Even if you enter at $122 or something and go long, it's OK in my book. No this is not investment advice*.
*You can and will lose money if you do as I say. Current predictions are no reflection on past mistakes. Options are for fools with too much money. Stock and bond markets are casinos for small minded people who don't smoke. Don't eat red meat. Bandaids smell of phenols and might actually kill you. Don't sleep well? Buy CD's.
Great buying opportunity. Just enter a reasonable limit order and sit back. Plus I already bought back my covered calls for pennies on the dollar. Sweet deal. I have a low ball order in now. Even if you enter at $122 or something and go long, it's OK in my book. No this is not investment advice*.
*You can and will lose money if you do as I say. Current predictions are no reflection on past mistakes. Options are for fools with too much money. Stock and bond markets are casinos for small minded people who don't smoke. Don't eat red meat. Bandaids smell of phenols and might actually kill you. Don't sleep well? Buy CD's.
Ok, so I am not disappointed I got rid of all my NVDA at a small loss a month or two ago. I kept META and of course I will always keep WMT...
My regret in this less than perfect world was getting rid of GM. If I had the NVDA cash on the side from the sale when GM was $39 I would have bought in. Im kind of hoping for a scary downturn again, short lived to pick something up I HATE being in 1/3 cash (rough number) in this account.
Im sure I am wrong, but very short term NVDA reminds me of Tesla. NVDA Revenue increases I believe have been declining. Im sure a great stock, just not sure of its multiple short term and scary for me because I dont do or have long term *LOL*
Full disclosure, I could change my mind tomorrow but most likely avoid this one, after all, who needs the money? or the loss or the stagnation until the long promised chip comes out and a better feel for competition. I find it scary when EVERYONE on Wall Street and the financial media love a stock
My regret in this less than perfect world was getting rid of GM. If I had the NVDA cash on the side from the sale when GM was $39 I would have bought in. Im kind of hoping for a scary downturn again, short lived to pick something up I HATE being in 1/3 cash (rough number) in this account.
Im sure I am wrong, but very short term NVDA reminds me of Tesla. NVDA Revenue increases I believe have been declining. Im sure a great stock, just not sure of its multiple short term and scary for me because I dont do or have long term *LOL*
Full disclosure, I could change my mind tomorrow but most likely avoid this one, after all, who needs the money? or the loss or the stagnation until the long promised chip comes out and a better feel for competition. I find it scary when EVERYONE on Wall Street and the financial media love a stock
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I guess I'm confused by your post.
Yes NVDA is down, normal. No worries and not my reason for responding. And I'm pretty darn sure everyone doesn't love NVDA.
Anyway - my question is: Why are you so limited on your stock choices? NVDA, GM, WMT, META. Maybe I'm missing something and I know I am too much the other direction. Across all my accounts, wife's included we have over 100 stocks and decent number of funds. Many are obviously set and forget and many people would freak, but seeing you only mention a couple companies has me curious.
Because I have a limited attention span, limited time and cannot follow nor care to follow many more stocks
If you remember, this is a short term Roth spec account.
I don’t see any reason to have to follow more stocks. You brought up those four but previously, I also owned now sold T-Mobile and Wells Fargo, which by the way still do well.
The only stock in this account that I have not traded was Walmart because it never gives me a reason to. For the past five years, it is a bit of a safety net and just steadily goes higher. I have sold off some shares not too long ago, but that was just a result of a stock split and I kept most of the split though.
Being I am older, although this might be considered risky I look for socks that I firmly believe have limited downside potential and feel that I could sell at a decent profit and then go back and pick up again all over at a lower price with market moves.
Am I crazy maybe but it’s been working for me pretty nicely.
As far as my 401(k) and my wife 401(k), I guess you could say we have hundreds of stocks as well in the form of index funds which are strictly hands off unless I see an impending crash couple of course
@Pablo I just edited and updated this post, I was driving on route 17 in Carolinas and now I’m sitting in Lowes home-improvement store parking lot
By the way, I am sure you are dealing with boatloads more money than I am. I do have tangible property assets which is another form of investing obviously, but not cash.
Still, I’m very happy the way my wife and I investments are going, then again most of the other population until this crashes
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Fair enough. I certainly didn't focus or remember what type of account.
For the record my focus is on less than 20 stocks, and it's kinda my butt time hobby in retirement. Speaking of which headed off to teach PB this afternoon.
Cripes NVDA down to $117. hahahaha
For the record my focus is on less than 20 stocks, and it's kinda my butt time hobby in retirement. Speaking of which headed off to teach PB this afternoon.
Cripes NVDA down to $117. hahahaha
Just stocks or funds or bonds? You mean in % of portfolio or gain?
Driving now will be home this evening?
From a equities standpoint, there are only like 10 different sectors in the S&P 500, and since 58% of the holdings are indexed, unless something unique happens they seem to move in pretty close formation. I used to trade a lot more stocks than I do. Now, if I just want to rotate sectors, I just buy the best in class or maybe 2 of what I want to rotate into.
Been trying very hard over the last couple years to understand banks. I may start making some picks in that sector soon - it seems like there could definitely be benefits of picking winners vs loosers there.
Bonds on the other hand, vary much more.
Been trying very hard over the last couple years to understand banks. I may start making some picks in that sector soon - it seems like there could definitely be benefits of picking winners vs loosers there.
Bonds on the other hand, vary much more.
