| Board List | |
|---|---|
| Topic | Best Buy sucks. |
| Zachnorn 02/11/22 11:52:04 AM #3 | You're trying to buy a video card, aren't you? --- <D |
| Topic | How many of your GRANDPARENTS are still alive??... |
| Zachnorn 02/04/22 11:31:06 AM #12 | Last one passed away in 1996 when I was 6. She was the only one that was still living when I was born. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 02/03/22 8:07:12 PM #402 | Looks like TD Ameritrade will let me if I try, but with a $7 commission for each buy/sell order. I didn't try as I feel like I'm done with playing with individual stocks aside from adding to positions I already have open. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/31/22 4:01:19 PM #322 | Today was a good day. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/29/22 4:56:30 PM #312 | red sox 777 posted... Does anyone here actually use SOFI? Trying to do a sanity check.I have $100 in their automated investing platform. I don't use them much. Apparently they're good for mortgages and I have a partial application with them as well, but I think they didn't qualify me or something based on my situation. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/28/22 4:49:44 PM #308 | Bull trap. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/28/22 1:28:03 PM #304 | No wonder why, when I started a year ago (literally a week before the GME stuff), I almost gave up because I lost like $100 and I felt there's no money for me in the stock market. I can announce that I kept investing and I'm down about $2,000-3,000 now! --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/28/22 1:13:25 PM #302 | I'm expecting March to be pretty bad if the Fed actually raises rates. Right now, we're only dealing with talk of them doing it. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/28/22 11:47:52 AM #300 | It really all depends on what you're buying. I'm down a grand on SOFI and just a few months ago I was up a grand. Similar with other stock picks I've made, but not as much money (I just really believed in SOFI). Meanwhile, while I'm down on my ETFs, they're not that far down. If you're buying ETFs, those are best for long term holds. Companies being bought and sold quickly is perfectly valid, especially if they're speculative. Like, that's what I should have done with SOFI. But I probably wouldn't do that with companies more established and "boring" like KO if I believe in them. But you buy those anyway if you're buying an ETF like SPY/VOO. So might as well just buy those. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/28/22 10:58:42 AM #295 | The biggest gains tend to come after big losses. If you're swing trading or day trading, this is a horrible time to do it unless you know what you're doing with shorting. If you're investing for the long term, stocks are on sale right now. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/28/22 10:15:15 AM #292 | Moonroof posted... Yeah, diamond hands wouldve been great about two years ago. Now? Im not so sure. The bear market fear is real. You could be down for years. I heard bear markets typically last 15 months on average.And this is why I believe dollar cost averaging is the way to go right now. I did a lump sum investment of 6k in my Roth IRA on January 3rd and I regret it. The time horizon is there, I can't take any gains out for a few decades, just that I would have had more gains if I waited. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/28/22 9:45:14 AM #291 | Nanis23 posted... I wish I had the same diamond hands I have now back when the market was bullishWhat I've done is get an M1 Finance account. It's like a robo-advisor except you can set up a "pie" that has an allocation of stocks and ETFs you select (or premade ones) and you just put money into it and it buys them for you. I set it up to throw in some money every week. The bad thing about it is that you can only buy/sell stocks and only do market orders during 9:30-10 am and 3-3:30 Eastern. It has no option for limit orders. Options aren't an option. It's a limited brokerage, but it's good for people like me that say "screw this, I'm done" but still want to invest regularly anyway. I've lost the most money on regular brokerages where I play with stock picking and limit orders and honestly, options scare me so I haven't bought any. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/27/22 6:49:04 PM #279 | red sox 777 posted... Oh interesting. Guess I've misunderstood the term for ages!Pretty much. I had been saving for a year's worth of expenses until I figured that that's too long. So it turned into a down payment fund, and now I'm just putting it in gradually into stocks because I still can't buy a home in LA and I'm not moving out of my mom's house until I can afford to buy; I refuse to be a renter. So, I have a lump sum I can invest, but I'm too risk adverse to actually drop it in at once. I'm dropping in $1,000 per week until it's down to my emergency fund (I'm putting more into investments than my income each moth currently), plus whatever I feel like betting on in another brokerage. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/27/22 6:07:48 PM #275 | red sox 777 posted... I am pretty sure dollar cost averaging means only buying when it lowers your average cost. The other one you are referring to is what is typically recommended (just put all your money save an emergency fund in the market at all times).https://www.investopedia.com/terms/d/dollarcostaveraging.asp --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/27/22 5:53:59 PM #273 | red sox 777 posted... Isn't dollar cost averaging the same as buy the dip?"Buying the dip" is trying to time the market to buy at a low. "Dollar cost averaging" is buying at regular intervals regardless of market conditions. Easily confused with "averaging down" which is buying the dip to get a lower cost per share. Dollar cost averaging only lowers the cost per share when the stock is down but it can increase it if the value of the stock has gone up. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/27/22 5:29:38 PM #270 | I think buy the dip is over and now it's dollar cost averaging or holding cash. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/26/22 10:03:22 AM #219 | Bull trap today? --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/25/22 9:02:33 AM #206 | Premarket isn't looking great. --- <D |
| Topic | Do you still usually wear a watch? |
| Zachnorn 01/24/22 10:00:21 AM #10 | Smartwatch, but yes --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/24/22 9:43:34 AM #185 | I bought the dip on Disney and it keeps on dipping Anyway, I'm dropping a grand into my ETF portfolio weekly. I may also drop a grand this week into my stock picking portfolio. Though this is feeling quite painful because overall I've now lost two grand. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/24/22 9:14:08 AM #183 | The market hasn't even opened yet but ow my portfolio I wonder when the pain will end --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/21/22 9:53:27 AM #167 | Ow my portfolio --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/21/22 1:11:03 AM #165 | Oh, I know that those are all long term holds. Swing trading is fun and I've made money doing that. I reinvested it and lost those gains because I don't have the energy or time like I did before to monitor the market. That's why I bought those companies. I believe in them in the long term. Disney isn't going anywhere, and I think they'll be fine once COVID is over. I believe in Five Below because their stores have managed to get their target audience (preteens) yet also attract adults and I notice both in the stores. SOFI is a weird one. I believed they would go far long ago when I heard about them in like 2015, and so I was excited when they IPO'd. It's a long term hold in a sense, but also a good stock to swing trade. I think it might get more recognition as the Super Bowl comes closer for two reasons: Current hype with the bank charter, and because the Super Bowl is at SoFi Stadium which helps for name recognition. Beyond Meat...I've accepted that I made a bet and lost. I'm holding because I need to avoid capital losses since my income is currently too low as it is to do my real goal of buying a home. That said, I think they have name recognition, despite competitors. They have good products, and if the McPlant continues to test well and become a permanent item, that will be huge. I believe they're undervalued, they are being over-shorted, and have potential to do well. I just think it will be years before my more expensive shares become profitable, or it might never happen (my most expensive share was $185, stock is at $61.42 now). Part of me wants to buy more in case the McPlant happens, but part of me also wants to stop buying and hold it until I need the money or I can accept realized losses. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/20/22 6:47:43 PM #163 | Nanis23 posted... Oh so I am not the only one?All I had to do was throw money in SCHD and VOO and other good ETFs instead of playing with individual companies. Though I bought those when they were a bit high, so my ETF accounts have also lost money (but not as much as my mostly individual company stocks). My losers are the likes of Beyond Meat, Disney, Five Below, and, despite its performance today, SOFI. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/20/22 5:51:25 PM #160 | I'm officially in overall losses since I started playing with stocks 1 year ago today. Fun times. I need to focus more on it, but work has been taking up a lot of time and mental energy lately for me to think carefully about buying and setting up stop losses and it's biting me hard. Oh well. Hoping my long term strategy of doing DCA into a set of funds with percentages will work long term. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/19/22 12:48:16 PM #146 | woah, SOFI doing well Still under my average though Still, it's progress! --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/14/22 11:16:29 AM #104 | ow my portfolio, my completely manual account is now at an overall loss since I started it almost a year ago this is a bad day and I am sad --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/13/22 11:34:14 AM #88 | Moonroof posted... Nice! That stock is crazy.Looks like this was a good move. I didn't add much to my ACI, but now I wish I did! --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/11/22 6:16:23 PM #75 | So far, it's my best performer. I bought in at around $18 and it was almost double that at one point. I want to put more into ETFs and sell some of my individual companies, but I plan to hold ACI for a while. I also genuinely like SOFI even though it's a big loser for me currently. I think it's a good long-term hold. I heard about them years ago and thought they would do well. I expect the stock to do well, but likely months or years from now. I don't know of short term gain stocks, honestly. I don't have the time to play the market as I did before. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/11/22 5:35:03 PM #73 | The market makes no sense. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/11/22 4:55:36 PM #71 | I think ACI is slightly undervalued. They beat earnings expectations and the stock went down almost 10% today? What? They peaked at around $35 a while back and it trading at $28.79 currently. I'm holding long term because I think they're a good company in general and they also pay dividends. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/10/22 12:52:33 PM #62 | I feel like we're getting to the point that we're going to have to look at intrinsic value of assets. I remember the bubble with Dot Com stocks and collectibles. Things like Funko Pops are too similar to Beanie Babies, and Pokemon cards are...well, still Pokemon cards. As we have less free money and accessible debt available, we may see the value of those things fall. I'm considering getting into gold or other commodities now. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/10/22 12:27:25 PM #57 | Nanis23 posted... Wherr all the memr stocks going to? Crypto is down tooPeople are running out of extra money to play with investments. The tapering isn't helping. Now is probably a good time to buy if you have cash. I have cash and I have margin and I'm considering using both. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/10/22 12:18:08 PM #54 | Bought more SOFI. I'm hoping I'm not making a BYND style mistake here. They are currently my biggest losers (in dollars).though SOFI, before it crashed, was my biggest (though sadly unrealized) gain. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/10/22 10:17:05 AM #50 | ow my portfolio --- <D |
| Topic | Is your employer requiring proof of covid vaccination? |
| Zachnorn 01/06/22 7:35:25 PM #18 | Yes, even for those working from home like myself. They provide paid time for taking vaccines and boosters as well. They also require weekly COVID tests, again even for people working from home. I also get paid to do them. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/04/22 10:42:28 AM #21 | ow my SOFI BYND and AMC are also hurting I need to stop stock picking and go full ETF --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 01/03/22 11:57:54 AM #18 | I should have invested in a Roth IRA sooner. Anyway, I put in 12k last year (for 2020 and 2021) and I already maxed out contributions for this year. I've never invested this much at once, but I imagine it's the best move for retirement purposes. My Roth IRA is a mix of various ETFs and I decided to put more into dividend ETFs (which is what I want to do across my accounts). I feel like with inflation, getting dividends that should hopefully grow with inflation and reinvesting them is the way to go. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 12/30/21 11:28:54 AM #5 | That has always been my intention with SOFI. I believe it is undervalued. Only reason I don't want to buy more is due to my risk tolerance and time horizon. --- <D |
| Topic | Stock Topic 35 |
| Zachnorn 12/30/21 11:18:14 AM #3 | Knew I should have bought SOFI yesterday. I'm still at a loss on it, but I'm holding. --- <D |
| Topic | Stock Topic 34 |
| Zachnorn 12/29/21 1:58:08 PM #488 | Moonroof posted... Always put stop gains on stocks youre up in!I always thought I'd just be experiencing a temporary dip! Anyway, I do follow Warren Buffett's advice of "If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes." All companies I buy are companies I'd be willing to hold for years, so if they fell, I'd still be okay with holding them because they'd go back up eventually or pay me a dividend. --- <D |
| Topic | Stock Topic 34 |
| Zachnorn 12/29/21 10:24:05 AM #485 | Crazy how, without even buying or selling, I was +$1,000 on SOFI and now I'm -$415 on it. I'm going to average it down and then try to at least break even. I believe it's still undervalued. I've placed a sell order after dividends for T, once I get to the break even level for that. I don't like how they're screwing retirees and breaking promises. I don't like to invest in companies that treat workers, current or former, unfairly. If I wasn't down on T, I would have sold. In general though, I kinda feel like it's time for me to stop messing with individual stocks and go for ETFs. My ETF accounts are overperforming my individual stock account. It's mostly because I didn't have time to really swing trade due to work picking up and me wanting to spend less time doing this. It's been a fun year, but maybe I shouldn't let myself get so focused on this. --- <D |
| Topic | What Is Any Of This? |
| Zachnorn 12/27/21 1:10:33 AM #49 | This topic is overrated. --- <D |
| Topic | Only one of these GIMMICKS is not used by mrduckbear! Which one is it????? |
| Zachnorn 12/23/21 10:21:09 AM #14 | But how many y/o is he? --- <D |
| Topic | Stock Topic 34 |
| Zachnorn 12/20/21 2:36:33 AM #464 | I wanted to sell some stocks in November but I got lazy. Big mistake. I was up $1000 on SOFI and now I'm down $300. Thankfully, I believe in that company long term. Still, sad that I lost a few grand by not selling. I have a substantial cash position since I've been wanting to buy a home and I might just toss several grand into the market while the bloodbath happens. --- <D |
| Topic | Stock Topic 34 |
| Zachnorn 12/19/21 10:07:25 PM #462 | These futures are looking pretty bad. --- <D |
| Topic | You think you'll ever get married? |
| Zachnorn 12/17/21 1:15:19 AM #15 | Unlikely to ever marry. All my financial planning is making the assumption that I will never get married. This is simply because I'm asexual and unless I find another person that is also ace, I don't see a marriage lasting. I'm okay with being single as long as I have good friends to socialize with. --- <D |
| Topic | Do you trust cops? |
| Zachnorn 12/15/21 11:57:16 PM #6 | Lopen posted... Voted option 2 --- <D |
| Topic | Hey, my new car I bought a year ago is now worth 4000 more |
| Zachnorn 12/15/21 6:28:42 PM #32 | I checked the value of my car when it was nearly totaled in 2019. It was worth around $8,500 I believe (assuming repairs would be performed), and repairs were about $8,000. They fixed it. I recently checked and despite it being two years and many more miles over what it was, it is now worth about $12,000. I bought it 7 years ago for $17,400. Okay I've lost $5,400 in depreciation, but that's still not bad. --- <D |
| Topic | Stock Topic 34 |
| Zachnorn 12/15/21 3:25:31 PM #444 | This has been a wild ride. --- <D |
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