*Investors Blog*

Pablo said:
There is only a single braggart in this thread making dough day and night. The other blokes are fairly humble.

Dude, you never lose. That's not possible.
Click to expand...
Actually compared to my lady friends comments and abuse your kind abuse is addicting and appreciated.... we all get hung up but we don't lose unless we bail...

In the early years I got stuck in junk stocks but waited them out and it was painful.... I was in that crap because I had very limited funds and that was my only a avenue to get in the game...make a few bucks..

I'm sure you are doing exceptionally well as many others here... I guess I better back off my bloviating 😁

We all start somewhere right...
 
xspeedy said:
Another reason to hold is so that your kids can get a step up in capital gains. In Astro's example above, that would be a huge tax savings. I have a large sum of MSFT from my mom that has appreciated a bunch and I plan to hold and pass to my kids so they get the advantage. I shudder at the tax bill if I dump it.
Click to expand...
Capital gains is a much better deal than income tax brackets.
 
Let's face when you have all your money in play, you screwed yourself.
I want to have a big reserve incase i get stuck. If you are careful and do your homework you can engineer an escape route....Buy yourself out of it... if you're all in you are a bag holder and the escape may never happen...
 
Zee09 said:
Let's face when you have all your money in play, you screwed yourself.
I want to have a big reserve incase i get stuck. If you are careful and do your homework you can engineer an escape route....Buy yourself out of it... if you're all in you are a bag holder and the escape may never happen...
Click to expand...
I end up on this road sometimes, but there is no way waiting always works, or double or tripling down always works.

Multi-discipline diversification, cash on hand, buying quality, learning, patience and not repeating mistakes eventually works pretty good.
 
You short term players are just that; players. Brave! I'm chicken...
My best $$ is my oldest $$. I started at Lam Research in the late 80's I think.
As a hot tip for ya, I'm pretty sure Silicon ain't going away any time soon... SEMI for the win!

1776346476342.webp
 
Pablo said:
I end up on this road sometimes, but there is no way waiting always works, or double or tripling down always works.

Multi-discipline diversification, cash on hand, buying quality, learning, patience and not repeating mistakes eventually works pretty good.
Click to expand...
Absolutely....and it ain't no video game....
 
JHZR2 said:
Thinking to take profits on glw. Has increased a ridiculous amount. But I don’t want to sit in cash assuming a correction or drop.

What to do… what to do…
Click to expand...
Tough call, been there many times with META. I guess it depends if you are in it like I am with Walmart which is long term.
I know nothing about Corning except wow, what a run.

Sometimes I ask myself would I pay the current price for the stock?
Not related but for me. I have noticed a constant pattern of META running up and then caving at each earnings announcement.
So literally right before the last earnings, as much as I love the company and the PE ratio isnt bad at all, the revenue coming in is amazing. Anyway, I sold it at 730 a share. After earnings, along with the market it tumbled to the high 500s. I said to my wife I should buy it back as I have done in the past.
However, I got nervous with the world events and the fact that it got trashed because they are spending a MASSIVE amount of money on AI and why the crash, AI still not proven as a cash cow. I didnt buy it back = mistake *LOL* as it is now up to 671 a share... and once again, because I love the company I am asking myself, do I want to buy back in at this price... ? I think I am going to wait.

Have no idea why I am typing this. Oh wait I do know ... I am sure you know GLW earnings come out before the open on April 28th
I wont give an opinion just my experience with another company.
 
Pablo said:
And circular weakness it takes at least a 2-3 meg$ portfolio to do this. To get there SAVE AND DISCIPLINE AND PATIENCE AND NO FIDDLING. Just save 25% of EVERYTHING and buy the whole market with low cost wide ETFs every two weeks.
Click to expand...
And never sit and think about how many dollars you are investing compared to your returns...that can really screw up your game.....

My brain often reminds me i am nuts 🙃 🤪 😅
 
You must log in or register to reply here.

Similar threads

G
Map of single-family housing stock owned by large investors
2 3
Replies
49
Views
2K
Oldwolf
Pablo
Conduent Breach
2
Replies
24
Views
652
Pablo
V
Are Birds Flying Lizards?
2
Replies
35
Views
489
CleanSump
G
  • Locked
I think the economy needs a recession
17 18 19
Replies
376
Views
6K
Astro14
G
Texas doesn't require sales price of a real estate transaction be made public
2
Replies
30
Views
377
alarmguy
Back
Top Bottom