LETSGOBROWNIES Posted October 24, 2018 Share Posted October 24, 2018 28 minutes ago, ramssuperbowl99 said: Still haven't checked it since the first drop. Lol good for you, it ain’t pretty. Quote Link to comment Share on other sites More sharing options...
mission27 Posted October 25, 2018 Share Posted October 25, 2018 On 7/10/2018 at 9:45 PM, mission27 said: Here it is boys... we've officially hit the top of the market... when the smug money comes in, its time to run Called it Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted October 25, 2018 Share Posted October 25, 2018 5 hours ago, mission27 said: Called it You said the same **** like a year earlier tbh. Quote Link to comment Share on other sites More sharing options...
MWil23 Posted October 25, 2018 Share Posted October 25, 2018 LOL My portfolio is down almost 15%. Quote Link to comment Share on other sites More sharing options...
theJ Posted October 26, 2018 Share Posted October 26, 2018 13 hours ago, MWil23 said: LOL My portfolio is down almost 15%. Everything's on sale? Gonna have to jump on my account tomorrow and move some of my cash into something. Quote Link to comment Share on other sites More sharing options...
mission27 Posted October 26, 2018 Share Posted October 26, 2018 On 10/25/2018 at 6:33 AM, ramssuperbowl99 said: You said the same **** like a year earlier tbh. AndI was right Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted October 26, 2018 Share Posted October 26, 2018 57 minutes ago, mission27 said: AndI was right The S&P was at like 2300 on January 1, 2017 and people were predicting a crash like crazy. It's still at 2700. 10 hours ago, theJ said: Everything's on sale? Gonna have to jump on my account tomorrow and move some of my cash into something. You moving the emergency fund in temporarily or do you just have some cash laying around? Quote Link to comment Share on other sites More sharing options...
theJ Posted October 26, 2018 Share Posted October 26, 2018 2 hours ago, ramssuperbowl99 said: You moving the emergency fund in temporarily or do you just have some cash laying around? I just have some cash lying around. I try to steadily invest every month, but there are quite a few months where the money goes into the account and i forget to put it in one of my investments. So it's just in my brokerage account lying there as cash. Quote Link to comment Share on other sites More sharing options...
theJ Posted October 26, 2018 Share Posted October 26, 2018 2 hours ago, ramssuperbowl99 said: The S&P was at like 2300 on January 1, 2017 and people were predicting a crash like crazy. It's still at 2700. If you look at the 3, 5 and 10 year charts, this is a minor blip. It's slightly below where it started the year, but just barely. Quote Link to comment Share on other sites More sharing options...
Shockwave Posted October 26, 2018 Share Posted October 26, 2018 Weeks like this I am greatful for being a daytrader. Puts ... puts... puts galore. I made so much riding AMD down. Also you guys that are long term investors should really be selling calls on any holding you have with 100 shares or more. Especially if they are div paying stocks. Easy money as you wait for the market to rip again. Quote Link to comment Share on other sites More sharing options...
mission27 Posted October 27, 2018 Share Posted October 27, 2018 17 hours ago, ramssuperbowl99 said: The S&P was at like 2300 on January 1, 2017 and people were predicting a crash like crazy. It's still at 2700. I’d rather get out 400 points before the top than 1000 points after tbh Quote Link to comment Share on other sites More sharing options...
Shockwave Posted October 27, 2018 Share Posted October 27, 2018 17 hours ago, mission27 said: I’d rather get out 400 points before the top than 1000 points after tbh If Apple reports a bleak 4th quarter guidance on Thursday the S&P is going to plummet and the nextr area of support isn't pretty. Add in the possibility of the dems taking over the house threatening the tax cuts rd 1 and 2, plus rolling back the deregulation that has inflated so many equities, brexit, fed rates, tariffs... just so many reasons for the market to keep selling off right now. I wouldn't be long much other then solid div paying equities. Sell calls on what you own and use the proceeds to average down on your holdings and ride out the storm... or go cash or reverse ETF's. Cause IMHO it's more likely to get more ugly. 1 Quote Link to comment Share on other sites More sharing options...
mission27 Posted October 27, 2018 Share Posted October 27, 2018 2 minutes ago, Shockey1979 said: If Apple reports a bleak 4th quarter guidance on Thursday the S&P is going to plummet and the nextr area of support isn't pretty. Add in the possibility of the dems taking over the house threatening the tax cuts rd 1 and 2, plus rolling back the deregulation that has inflated so many equities, brexit, fed rates, tariffs... just so many reasons for the market to keep selling off right now. I wouldn't be long much other then solid div paying equities. Sell calls on what you own and use the proceeds to average down on your holdings and ride out the storm... or go cash or reverse ETF's. Cause IMHO it's more likely to get more ugly. I liquidated everything last December, feeling pretty good about it. Just hold cash or treasuries and wait it out. Will be safe to get back in in 6-12 months when the world has burned down. 1 Quote Link to comment Share on other sites More sharing options...
Dome Posted October 28, 2018 Share Posted October 28, 2018 (edited) I’m good at saving money... 100% unsure on wtf this thread is about. I know my money isn’t being put to its best use Investing seems like the next step to being an adult with my finances, rather than just stashing it away. What’s everyones favorite resources for beginners? I opened up a Robinhood account for the free stocks and referral stocks, but not locked in obviously as I have no idea what I’m doing. That and the M1 both seems like solid place for beginners to get a feel for things. Any advice here? Been reading a bunch of finance news and taking a closer look at a lot of the stocks some of those places mention. Getting my feet wet. Any sites I should be paying more attention to for news and learning? Any good YouTubers who’s info can be trusted as far as learning fundamentals and smart practices? What else can I be doing other than immersing myself in the finance sections of sites and newspapers? Edited October 28, 2018 by Dome Quote Link to comment Share on other sites More sharing options...
Malfatron Posted October 28, 2018 Share Posted October 28, 2018 3 hours ago, Dome said: I’m good at saving money... 100% unsure on wtf this thread is about. I know my money isn’t being put to its best use Investing seems like the next step to being an adult with my finances, rather than just stashing it away. What’s everyones favorite resources for beginners? I opened up a Robinhood account for the free stocks and referral stocks, but not locked in obviously as I have no idea what I’m doing. That and the M1 both seems like solid place for beginners to get a feel for things. Any advice here? Been reading a bunch of finance news and taking a closer look at a lot of the stocks some of those places mention. Getting my feet wet. Any sites I should be paying more attention to for news and learning? Any good YouTubers who’s info can be trusted as far as learning fundamentals and smart practices? What else can I be doing other than immersing myself in the finance sections of sites and newspapers? this post makes me feel bad because i just like to spend everything 1 Quote Link to comment Share on other sites More sharing options...
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