Investors....come in please!

4WD

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15,950
Location
Texas
Originally Posted by JeffKeryk
Why didn't I buy TSLA? Sheesh.
Guess they are never on your mind, Jeff 🤓
 
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24,384
Location
Central Florida
Originally Posted by Ws6
Originally Posted by Mr Nice
Originally Posted by Ws6
I took Warren Buffet's advice. I bought a strong company that I believe is run well, has good balance sheets, projects positive cashflow for 2020 and 2021, and has good leadership.
Sounds like AMZN.
No, I ALSO bought the trend, lol! So far my $2635 has turned into $4289. In the next 1-5 years I am projecting $20-50K out of it. Not a bad investment for such a small sum of seed money! AMZN just doesn't have that much room to grow t hat fast, and I also happen to be a tiny bit impatient, wanting a pay-off/cash out in the 1-2 year range, ideally.
How's your account doing today ? When Mr P said there will definitely be "hand holding" from the Fed.... I immediately put some money in leveraged 3X ETFs. I'm really not into picking individual companies. Many folks are doing very well picking companies that got beat up a few weeks ago.
 
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1,397
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Not here
Jeff and Tesla. I'm betting money Elon has planted him here. Holy mackerel that's all you ever talk about Jeff. Tesla Tesla Tesla Elon Elon Elon.
 
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6,052
Location
Los Gatos, CA
Originally Posted by P10crew
Jeff and Tesla. I'm betting money Elon has planted him here. Holy mackerel that's all you ever talk about Jeff. Tesla Tesla Tesla Elon Elon Elon.
Ok ok ok. Anything to make the team happy!

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Messages
612
Location
FL
Originally Posted by Ws6
Originally Posted by Mr Nice
Originally Posted by Ws6
I took Warren Buffet's advice. I bought a strong company that I believe is run well, has good balance sheets, projects positive cashflow for 2020 and 2021, and has good leadership.
Sounds like AMZN.
No, I ALSO bought the trend, lol! So far my $2635 has turned into $4289. In the next 1-5 years I am projecting $20-50K out of it. Not a bad investment for such a small sum of seed money! AMZN just doesn't have that much room to grow t hat fast, and I also happen to be a tiny bit impatient, wanting a pay-off/cash out in the 1-2 year range, ideally.
How's your account doing today ? When Mr P said there will definitely be "hand holding" from the Fed.... I immediately put some money in leveraged 3X ETFs. I'm really not into picking individual companies. Many folks are doing very well picking companies that got beat up a few weeks ago.


Very smart decision on these 3X leveraged technology ETFs. I’m sure you made a little money since June 9th..... exactly 5 months ago.

Very smart choices. (y)

.
 
Messages
6,156
Location
Santa Barbara, CA
Continuing to get rich slowly by investing in low-cost index funds. We also added some EE and I bonds to the portfolio in the last month. Seeing as I can't predict which stock will go up when, I prefer to own the whole market. Stock picking is more akin to gambling, than investing.
I guess all the posters in this thread are above average, of course.
 
Messages
10,302
Location
MA
Continuing to get rich slowly by investing in low-cost index funds. We also added some EE and I bonds to the portfolio in the last month. Seeing as I can't predict which stock will go up when, I prefer to own the whole market. Stock picking is more akin to gambling, than investing.
I guess all the posters in this thread are above average, of course.
That's why they're the only ones posting. The ones that are below average don't have any stocks/mutual funds so they have nothing to post about.
 
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6,156
Location
Santa Barbara, CA
That's why they're the only ones posting. The ones that are below average don't have any stocks/mutual funds so they have nothing to post about.
I mean the "average" investor, not average American. This thread is full of the top-end investors that only pick winners! Someone should start an investment newsletter based on all of these winning strategies!!!
This thread is like my brother who seems to only win when playing blackjack. The casinos just give money away.
 
Messages
10,302
Location
MA
I mean the "average" investor, not average American. This thread is full of the top-end investors that only pick winners! Someone should start an investment newsletter based on all of these winning strategies!!!
This thread is like my brother who seems to only win when playing blackjack. The casinos just give money away.
It's easy to win when the entire market is going up. I'm doing ok, but there are funds that attempt to return 2x-3x what the S&P 500 does and if people had jumped on Tesla last year they would be up multiple times instead of maybe just 14% like the S&P 500 index year to date. Of course the drawback with those funds that attempt to multiply the S&P 500 returns, in a down market they're actually much worse than 2-3x losses.

But yeah, I see your point, it's always out there, people just like to talk about their winners and not their losers. Had some losers in the past like bonds, international. Just have to learn from your mistakes, I dumped them.
 
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