Current Events > Any of you buying stocks now?

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Squall28
06/03/19 2:36:22 PM
#1:


I buy about once a month, but I'm not sure if I should hold off. On one hand, it's cheap. On the other hand, we might be dropping for much longer
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Turbam
06/03/19 2:37:21 PM
#2:


Nobody tells me what to buy so I never do
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John_Galt
06/03/19 2:39:29 PM
#3:


Added to some consumer staple positions the last few days, nothing major
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AlephZero
06/03/19 2:44:10 PM
#5:


buy high sell low that's my motto
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1337toothbrush
06/03/19 2:46:26 PM
#6:


I ain't touching shit. It's one thing when developments/earnings/etc affect stocks, but when the president can write a single tweet and wipe his ass with your positions, it's just too stressful to think about.
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AlephZero
06/03/19 2:47:10 PM
#7:


sell strangles
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Squall28
06/03/19 2:54:27 PM
#8:


1337toothbrush posted...
I ain't touching shit. It's one thing when developments/earnings/etc affect stocks, but when the president can write a single tweet and wipe his ass with your positions, it's just too stressful to think about.


He might be gone by next year though.
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Smashingpmkns
06/03/19 2:56:10 PM
#9:


Probably not the best place to ask for stock advice. I'd recommend TradingView if you want an active community. Careful though with any online stock community, you're bound to run into some dummies loose with their money.
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AlephZero
06/03/19 2:56:39 PM
#10:


all the top trading minds congregate on wallstreetbets
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CloudChaser462
06/03/19 2:58:17 PM
#11:


Yes, I like medical and tech companies to invest in
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SK8T3R215
06/03/19 4:21:52 PM
#12:


Don't try to time the market.
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1337toothbrush
06/03/19 4:22:25 PM
#13:


Squall28 posted...
1337toothbrush posted...
I ain't touching shit. It's one thing when developments/earnings/etc affect stocks, but when the president can write a single tweet and wipe his ass with your positions, it's just too stressful to think about.


He might be gone by next year though.

The question was "any of you buying stocks now?" not "any of you buying stocks more than a year from now?"
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EndOfDiscOne
06/03/19 4:24:00 PM
#14:


Sell now to mitigate your losses. Buy back in when things are looking hot.
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spudger
06/03/19 4:27:27 PM
#15:


i add funds to my ETF's but that's it.
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Krojen
06/03/19 4:30:45 PM
#16:


Just starting to build an actual position in Tesla.
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Solid Snake07
06/03/19 4:40:03 PM
#17:


Yeah. I bought into a position in wynn today and picked up some shares of alibaba. Will proabably buy some shares of 3m if it drops a bit more.

That said I was sitting at around 40% cash and I maybe deployed about 5% of my cash today. If you aren't sitting cash heavy I would probably reccomend holding off for now.
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Squall28
06/03/19 4:49:05 PM
#18:


Solid Snake07 posted...
Yeah. I bought into a position in wynn today and picked up some shares of alibaba. Will proabably buy some shares of 3m if it drops a bit more.

That said I was sitting at around 40% cash and I maybe deployed about 5% of my cash today. If you aren't sitting cash heavy I would probably reccomend holding off for now.


I'm stock heavy, but I got enough cash in reserves to last me a year if I lose my job.
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Solid Snake07
06/03/19 5:16:09 PM
#19:


Squall28 posted...
Solid Snake07 posted...
Yeah. I bought into a position in wynn today and picked up some shares of alibaba. Will proabably buy some shares of 3m if it drops a bit more.

That said I was sitting at around 40% cash and I maybe deployed about 5% of my cash today. If you aren't sitting cash heavy I would probably reccomend holding off for now.


I'm stock heavy, but I got enough cash in reserves to last me a year if I lose my job.


Well, this drop has created some attractive valuations. That said I plan to sit at atleast 30% cash until things get truly ugly. I'm putting money in the market but I'm not going crazy

A year of expenses is a pretty deep emergency fund though.

Mine's like 3 months
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