Stocks and Trading Thread - Channeling your inner Mono

Started by MadImmortalMan, December 21, 2009, 04:32:41 AM

Previous topic - Next topic

Admiral Yi

So far I have bought Google, Skechers (Nike knock off manufacturer), and added to Canopy Growth (pot) and Tesla.

I would like to buy some Visa if I could figure out how to open a Roth on the suddenly very hinky Etrade platform.

Habbaku

Quote from: alfred russel on April 04, 2020, 09:56:45 AM
I got screwed by that...like a moron I had been contributing the max to my HSA for years but just leaving it in cash. I never use the HSA, and when this started I realized I had about $30k in it.  :hmm:

I moved it to an index fund, on a friday morning. The market went up 10% that day after the great orange leader spoke at the end of the day. The money was invested at the end of the day. The market opened 12% down the following Monday. $3k gone in a poof of smoke, while the market was really at about the same level it was when I pushed the buy button.

I'm guessing you aren't screwed by this any more.  :P
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

Habbaku

Quote from: Admiral Yi on April 09, 2020, 10:29:19 AM
So far I have bought Google, Skechers (Nike knock off manufacturer), and added to Canopy Growth (pot) and Tesla.

I would like to buy some Visa if I could figure out how to open a Roth on the suddenly very hinky Etrade platform.

Your lack of diversification scares the bejesus out of me, but I also do the same with fun money, so what the fuck do I know?

Why Etrade instead of Vanguard or someone else for the Roth?
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

Admiral Yi

Quote from: Habbaku on April 09, 2020, 10:56:38 AM
Why Etrade instead of Vanguard or someone else for the Roth?

I guess I could.  I've been with Etrade for 11 years and I like to be a loyal customer. :sleep:

alfred russel

Quote from: Habbaku on April 09, 2020, 10:55:48 AM
Quote from: alfred russel on April 04, 2020, 09:56:45 AM
I got screwed by that...like a moron I had been contributing the max to my HSA for years but just leaving it in cash. I never use the HSA, and when this started I realized I had about $30k in it.  :hmm:

I moved it to an index fund, on a friday morning. The market went up 10% that day after the great orange leader spoke at the end of the day. The money was invested at the end of the day. The market opened 12% down the following Monday. $3k gone in a poof of smoke, while the market was really at about the same level it was when I pushed the buy button.

I'm guessing you aren't screwed by this any more.  :P

It is still $3k gone...that will never change.
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.

There's a fine line between salvation and drinking poison in the jungle.

I'm embarrassed. I've been making the mistake of associating with you. It won't happen again. :)
-garbon, February 23, 2014

Admiral Yi

Quote from: Habbaku on April 09, 2020, 10:56:38 AM
Your lack of diversification scares the bejesus out of me, but I also do the same with fun money, so what the fuck do I know?

Just to be clear, that's just what I bought this dip, not all my holdings.

Habbaku

Quote from: Admiral Yi on April 09, 2020, 11:19:57 AM
Quote from: Habbaku on April 09, 2020, 10:56:38 AM
Your lack of diversification scares the bejesus out of me, but I also do the same with fun money, so what the fuck do I know?

Just to be clear, that's just what I bought this dip, not all my holdings.

:cheers:
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

crazy canuck

I have given the green light to my guy to start investing.  So probably best to run for the hills.

Tamas

Quote from: crazy canuck on April 09, 2020, 11:25:36 AM
I have given the green light to my guy to start investing.  So probably best to run for the hills.

Don't worry. I could not convince myself to pull the trigger this week, so a massive rally is imminent :p

Habbaku

Is imminent, has already happened, is happening...

The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

Tamas

That is very much depends on the time frame you look at :p


Habbaku

I'm mostly just poking fun at the hemming and hawing over buying after such a downspot in the market. You know everything's down 20-30% from the top, but are still hesitant? Even if it went down another 10% tomorrow, I'd consider the price good, long-term.  :P
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

DGuller

Quote from: Habbaku on April 09, 2020, 06:47:37 PM
I'm mostly just poking fun at the hemming and hawing over buying after such a downspot in the market. You know everything's down 20-30% from the top, but are still hesitant? Even if it went down another 10% tomorrow, I'd consider the price good, long-term.  :P
This kind of thinking would not work out well in Japan exactly 30 years ago.

Habbaku

The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

crazy canuck

Quote from: Habbaku on April 09, 2020, 06:47:37 PM
I'm mostly just poking fun at the hemming and hawing over buying after such a downspot in the market. You know everything's down 20-30% from the top, but are still hesitant? Even if it went down another 10% tomorrow, I'd consider the price good, long-term.  :P

Yeah, that was my logic.  If the market drops over the next 6 months and then increases I am ok with that.  I don't want to try to time the bottom perfectly.