Author Topic: New To Investing Thread  (Read 327253 times)

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Offline chum1

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Re: New To Investing Thread
« Reply #3000 on: January 06, 2021, 08:24:19 AM »
I am getting absolutely hammered this week. First time I've had anything remotely like this before!

DJIA +1.1%
S&P +1.3%
chum1 -25%

Seem to have bottomed out at -35% (including Monday) about an hour ago. Free fall in the first hour of trading. I was starting to ask myself if I should consider throwing in the towel and selling off everything.

Recovered to 83% of pre hammering this week. Almost all yesterday. So weird.

For the record, I am an idiot and was frazzled, but I WAY overstated the losses. That was a percentage of the amount invested at that time, which was less than half of the account balance. Rest was cash.

Offline steve dave

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Re: New To Investing Thread
« Reply #3001 on: January 06, 2021, 01:16:36 PM »
The markets really like this Dem sweep


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Offline star seed 7

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Re: New To Investing Thread
« Reply #3002 on: January 06, 2021, 01:20:06 PM »
The texags maqas are panic selling today, how do I use that to my advantage?
Hyperbolic partisan duplicitous hypocrite

Offline kim carnes

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Re: New To Investing Thread
« Reply #3003 on: January 06, 2021, 01:59:36 PM »
The texags maqas are panic selling today, how do I use that to my advantage?

Well, you can take advantage of the minor dip caused by the rioters

Offline kim carnes

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Re: New To Investing Thread
« Reply #3004 on: January 06, 2021, 02:02:06 PM »
The markets really like this Dem sweep


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Ya everyone’s assuming the new regime will have the moderate flavors that markets crave (and huge spending on infrastructure of course!)

Offline steve dave

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Re: New To Investing Thread
« Reply #3005 on: January 06, 2021, 02:05:21 PM »
:lick:


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Offline chum1

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Re: New To Investing Thread
« Reply #3006 on: January 06, 2021, 02:06:34 PM »
Haha

Offline kim carnes

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Re: New To Investing Thread
« Reply #3007 on: January 07, 2021, 10:49:54 AM »
BABA is really pissing me off you guys.

Offline Kat Kid

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Re: New To Investing Thread
« Reply #3008 on: January 07, 2021, 12:13:27 PM »
kim, I am right there with you, I think you hold, maybe add a half position. But that this is going back to $300 this year


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Offline treysolid

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Re: New To Investing Thread
« Reply #3009 on: January 07, 2021, 06:46:25 PM »
BABA is really pissing me off you guys.

Well, get off your ass and find Jack Ma. His disappearance is the cause for this.

Offline Kat Kid

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Re: New To Investing Thread
« Reply #3010 on: January 07, 2021, 07:41:46 PM »
Folks the new 60-40 portfolio is 60% TSLA 40% BTC


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Offline steve dave

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Re: New To Investing Thread
« Reply #3011 on: January 07, 2021, 08:20:59 PM »
Until proven wrong this is the way


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Offline DaBigTrain

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Re: New To Investing Thread
« Reply #3012 on: January 11, 2021, 01:43:35 PM »
Josh Brown should be on CNBC every day as a main analyst.  He is on fire today LOL
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Offline steve dave

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Re: New To Investing Thread
« Reply #3013 on: January 11, 2021, 03:26:16 PM »
Josh Brown should be on CNBC every day as a main analyst.  He is on fire today LOL
He is on every day


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Offline steve dave

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Re: New To Investing Thread
« Reply #3014 on: January 11, 2021, 03:26:33 PM »
Until proven wrong this is the way


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Folks, it was not the way


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Offline cfbandyman

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Re: New To Investing Thread
« Reply #3015 on: January 11, 2021, 03:29:26 PM »
Until proven wrong this is the way


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Folks, it was not the way


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I know you were setting up for that, but yeah, that was coming
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Offline DaBigTrain

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Re: New To Investing Thread
« Reply #3016 on: January 11, 2021, 03:50:59 PM »
Josh Brown should be on CNBC every day as a main analyst.  He is on fire today LOL
He is on every day


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Maybe you aren't a regular CNBC viewer(and that's fine) but today his capacity was different than it normally is.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Offline ben ji

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Re: New To Investing Thread
« Reply #3017 on: January 21, 2021, 10:58:36 PM »
Just started reading "The Psychology of Money" and this stat at the start of chapter 4 is crazy.


Offline IPA4Me

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Re: New To Investing Thread
« Reply #3018 on: January 22, 2021, 05:59:26 AM »
That's an incredible number.

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Offline wetwillie

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Re: New To Investing Thread
« Reply #3019 on: January 22, 2021, 06:27:48 AM »
He’s like 140 isn’t he?
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Offline KITNfury

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Re: New To Investing Thread
« Reply #3020 on: January 22, 2021, 06:59:21 AM »
That is crazy. Reminds me of an example I heard somewhere, maybe from rough ridin' Dave Ramsey lol, but anyway if you invest x amount of dollars per month from ages 18 to 28 it would be more at age 65 than doing the same from ages 28 to 65.

Basically shining light on the importance of time in the compounding interest equation. But I'm also betting Buffet made some really smart moves after age 65.




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Offline steve dave

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Re: New To Investing Thread
« Reply #3021 on: January 22, 2021, 08:26:11 AM »
I mean, a billion isn't what it used to be either

Offline catastrophe

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Re: New To Investing Thread
« Reply #3022 on: January 22, 2021, 08:26:41 AM »
Yeah regular compounding wouldn’t get you all the way there I don’t think. That’s either including leveraging or deemphasizing the fact he’s incredible at choosing how to invest what he has.

Offline 'taterblast

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Re: New To Investing Thread
« Reply #3023 on: January 22, 2021, 08:28:11 AM »
well i didn't WANT to regret the amount i invested in my 20's but now i am. i did some (401k 10% basically) but didn't emphasize it nearly enough.

Offline IPA4Me

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Re: New To Investing Thread
« Reply #3024 on: January 22, 2021, 08:46:24 AM »
10% in your 20s? You'll be flush in your late 50s. Great job!

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