Author Topic: New To Investing Thread (Read 333623 times)

0.42 · « **Reply #1750 on:** July 11, 2017, 09:15:09 AM »

Quote from: michigancat on April 19, 2013, 01:19:11 PM

The problem with your barber comparison is that it's unlikely the advisor could show you a 1% improvement over an index or target retirement fund and will probably be more difficult and take up more of your time. other than that it's spot on. oh, and you didn't see my fangs, buddy. No siree. I only go "Central Texas" on folks when I'm angry.

chum1 · « **Reply #1751 on:** July 11, 2017, 09:25:07 AM »

Wow. This thread used to be way more exciting than it is now.

The Big Train · « **Reply #1752 on:** July 11, 2017, 06:10:12 PM »

https://seekingalpha.com/article/4086771-litecoin-equally-good-better-bitcoin

catastrophe · « **Reply #1753 on:** July 11, 2017, 06:40:27 PM »

Quote from: wetwillie on July 10, 2017, 06:30:26 PM

Quote from: The Big Train on July 10, 2017, 04:18:07 PM
Are you counting the current year or starting over?

Starting over, I don't think you will get a challenger though.

I'm not sure there is any good way to do it, really. If you go buy actual value it is biased in favor of whoever has more money invested. If purely based on return then someone who buys $1 of an obscure crypto and sells it for $3 would be almost unbeatable.

That said, I'm happy to play because I have nothing to lose. Normies have already lost control.

wetwillie · « **Reply #1754 on:** July 11, 2017, 06:47:42 PM »

It would be hypothetical $1000 invested. You put your buys ITT and so does TBT, whoevers return is greater on a percentage basis wins. Chum1 will be the referee.

Tobias · « **Reply #1755 on:** July 11, 2017, 09:30:34 PM »

excited for this, good luck competitors

The Big Train · « **Reply #1756 on:** July 11, 2017, 09:43:14 PM »

Quote from: wetwillie on July 11, 2017, 06:47:42 PM

It would be hypothetical $1000 invested. You put your buys ITT and so does TBT, whoevers return is greater on a percentage basis wins. Chum1 will be the referee.

So hypothetically I just bought $1000 worth of LTC at $42.48.

wetwillie · « **Reply #1757 on:** July 11, 2017, 09:46:48 PM »

i think the normies are trying to

Quote from: The Big Train on July 11, 2017, 09:43:14 PM

Quote from: wetwillie on July 11, 2017, 06:47:42 PM
It would be hypothetical $1000 invested. You put your buys ITT and so does TBT, whoevers return is greater on a percentage basis wins. Chum1 will be the referee.

So hypothetically I just bought $1000 worth of LTC at $42.48.

noted. congrats on your 23.54 lite coins. the normies are probably faxing in their order so give them a few days.

The Big Train · « **Reply #1758 on:** July 12, 2017, 07:03:35 AM »

Already over $46 again

Mikeyis4dcats · « **Reply #1759 on:** July 12, 2017, 09:05:09 AM »

you can do it in a real time simulator like this

http://www.marketwatch.com/game/

Tobias · « **Reply #1760 on:** July 12, 2017, 09:05:59 AM »

any idea who your competitor is gonna be TBT?

The Big Train · « **Reply #1761 on:** July 12, 2017, 09:28:14 AM »

I really wouldn't call whoever it will be a competitor but it should be fun regardless!

catastrophe · « **Reply #1762 on:** July 12, 2017, 09:24:19 PM »

Ok, just bought:

10 shares of VXUS @ 52.56 = 525.60
2 shares of VTI @ 125.47 = 250.94
3 shares of VNQ @ 82.16 = 246.48

Not sure if the prices will change when these go through tomorrow, but right now the total comes to $1,023.02.

I of course encourage any other investors (normie or crypto) to join in on the fun.

wetwillie · « **Reply #1763 on:** July 12, 2017, 09:35:40 PM »

Game on bitches!

The Big Train · « **Reply #1764 on:** July 12, 2017, 10:12:13 PM »

Tobias · « **Reply #1765 on:** July 12, 2017, 10:59:06 PM »

aww yeah

ben ji · « **Reply #1766 on:** July 12, 2017, 11:24:29 PM »

I'm just going to keep socking away 20% into tax advantaged accounts then try and match the market while minimizing the fee's I pay.

puniraptor · « **Reply #1767 on:** July 13, 2017, 05:10:06 AM »

Are you guys having an investment tournament?

wetwillie · « **Reply #1768 on:** July 13, 2017, 06:33:50 AM »

It's the first annual TBT vs Normie 365 day investing challenge.

The Big Train · « **Reply #1769 on:** July 13, 2017, 10:45:00 AM »

Quote from: wetwillie on July 13, 2017, 06:33:50 AM

It's the first annual TBT vs Normie 365 day investing challenge.

https://www.godaddy.com/domains/searchresults.aspx?checkAvail=1&tmskey=&domainToCheck=Investoff

wetwillie · « **Reply #1770 on:** July 13, 2017, 08:12:00 PM »

Still bullish on lite coin tbt? Think it could go to $50 by end of summer?

The Big Train · « **Reply #1771 on:** July 13, 2017, 08:15:29 PM »

Quote from: wetwillie on July 13, 2017, 08:12:00 PM

Still bullish on lite coin tbt? Think it could go to $50 by end of summer?

what?

It's been over $50 5 of the past 10 days.

wetwillie · « **Reply #1772 on:** July 13, 2017, 08:20:05 PM »

so I should still buy at $45?

The Big Train · « **Reply #1773 on:** July 13, 2017, 08:28:39 PM »

Quote from: wetwillie on July 13, 2017, 08:20:05 PM

so I should still buy at $45?

For me, yes.

Quote from: The Big Train on June 19, 2017, 12:39:19 PM

I bought several times the past 2 days in the $41-$45 range.

I have bought and sold when the dips have gone into the $30's and back into the $50's to buy again when it gets in that range.

Phil Titola · « **Reply #1774 on:** July 13, 2017, 08:30:35 PM »

I'm just holding for awhile....I've got what I'm comfortable with and spread out among XRP, ETH, and LTC bought at different levels throughout my short dip into the crypto pool.