Current Events > Stock Market General #39

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E_S_M_Z
09/03/21 12:01:38 PM
#453:


TheChariot posted...
It's been a month and this topic hasn't hit 500. Where is everyone? Did they all go to r/WSB and then died or something?

Personally speaking, my portfolio is basically all long-term now. Two I'm simply waiting to pop but don't know when it'll be, but the rest I'm all waiting to reverse losses lmao, so I really don't want to even look at it. I check it daily now just out of morbid curiosity, but I probably shouldn't even do that because it'll make me do stupid things, lol.

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C6Driver
09/03/21 12:03:38 PM
#454:


Anyone else have GSAT ?
I picked up a small amount back in June, like 300 shares it's up 62% since then.
Hoping for more news.

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Simp
09/03/21 5:41:26 PM
#455:


Things are a little duller now that I've got almost everything in boring index funds. But I'm already up 2.85% in only like a month, so I suppose it's working out about as well as possible. I know it swings wildly year-to-year, but my dream is to out-earn my job so I can splurge and take a year's vacation to travel all over the world. Probably a few years off.

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fohstick
09/04/21 2:12:28 PM
#456:


it's a bad time to jump into the stock market, right? im looking at the lifetime SP500 and DOW charts, and they are awfully steep recently. I have a feeling that some huge correction or recession is about to come
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CE_gonna_CE
09/04/21 2:16:14 PM
#457:


Maybe there will be a correction? Maybe there wont be? Its anyones guess at this point. Wouldnt surprise me if there were soon, but I also wouldnt be surprised if things keep going up for quite some time before we have one.

Im a firm believer in getting in whenever you can just to get started and you are planning on holding on for the long term. But maybe just dont dump your life savings in at this point or anything crazy like that.

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littlebro07
09/04/21 5:04:31 PM
#458:


Isnt there a saying that the best time to start investing is right now

even if shit crashes its always gonna recover eventually, just never invest more than you can afford to lose. Like always have an emergency fund and no debt you cant handle, etc

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1337toothbrush
09/04/21 5:47:22 PM
#459:


That's the common advice, but I feel like they're aggressively pushing everyone to put their money in for the greatest rug-pull of all time. Literally everything is telling you "put money in, keep money in, always buy the dip, the market will always rise, you have nowhere else to put your money because of the low interest rate" that I'm very suspicious of this.

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Dat_Cracka_Jax
09/04/21 8:33:40 PM
#460:


fohstick posted...
it's a bad time to jump into the stock market, right? im looking at the lifetime SP500 and DOW charts, and they are awfully steep recently. I have a feeling that some huge correction or recession is about to come
You could have said that months ago. Market timing is bad imo

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theAteam
09/04/21 8:39:07 PM
#461:


fohstick posted...
it's a bad time to jump into the stock market, right? im looking at the lifetime SP500 and DOW charts, and they are awfully steep recently. I have a feeling that some huge correction or recession is about to come

It's impossible to gauge exactly what the future entails. I'm in a bunch of smaller cap companies and they've been correcting since February/March. Most experts say to slowly accumulate during market dips because in the long run the market always trends upward. You might be down for a while but it always comes back eventually.

People have been calling for a crash basically since the last (real) one in 2007. Maybe it will, but more likely if you got in now it will continue to run long enough that you'd still be in the green after a correction by the time it comes, vs. waiting for it before buying. In any case always keep some cash on hand and buy when it does correct.

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krazychao5
09/05/21 7:13:53 PM
#462:


doomcrusader posted...
But I'll introduce a new conversation. Best performing stocks for you in the last year?
I've been talking about SPG the past 9 months, but no one cared lol. Wish i got more. I own 59.2 shares and my position is up 50.6%. $6 annual dividend is nice too with DRIP

I also went in on RWT at same time as SPG. own almost 150 shares and it is up 41% in same time frame. IRM i bought in months later, and somehow it is up 46% in like 6 months since i got and own almost 50 shares. the REIT markets were down and i went in on it.

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LastTomorrow
09/05/21 8:06:08 PM
#463:


Should I buy nokia stock?

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krazychao5
09/05/21 10:43:17 PM
#464:


LastTomorrow posted...
Should I buy nokia stock?
not a financial planner, but probably not.

why you thinking of buying it?

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lilORANG
09/05/21 10:45:49 PM
#465:


Should I sell my tesla and buy Amazon? Is that safer?
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Tyranthraxus
09/06/21 10:01:33 PM
#466:


lilORANG posted...
Should I sell my tesla and buy Amazon? Is that safer?
As an owner of Amazon I wish I bought Google instead

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lilORANG
09/06/21 10:06:44 PM
#467:


Tyranthraxus posted...

As an owner of Amazon I wish I bought Google instead

Why?
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Tyranthraxus
09/06/21 10:07:52 PM
#468:


lilORANG posted...
Why?

Look at the price history for the past few months. Google has only gone up. Amazon is a sine wave.

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Mearcstapa
09/07/21 12:07:57 AM
#469:


So apparently there is some heavy shit going down with this Chinese firm Evergrande. Big big player in the Chinese real estate market, from what Im reading.

Im seeing folks on Reddit saying it could be the first domino in a 2008-style market collapse over there (take with a grain of salt). Which of course would result in serious effects upon the rest of the globe.

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after years of waiting
nothing came
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1337toothbrush
09/07/21 12:17:27 AM
#470:


Please... not before I can exit out of my position...

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TheChariot
09/07/21 9:11:44 AM
#471:


Mearcstapa posted...
So apparently there is some heavy shit going down with this Chinese firm Evergrande. Big big player in the Chinese real estate market, from what Im reading.

Im seeing folks on Reddit saying it could be the first domino in a 2008-style market collapse over there (take with a grain of salt). Which of course would result in serious effects upon the rest of the globe.
A China stock market collapse?

YAAAAAAAAAAAAAAAAAAAAAYYYYYYYYYYYYYYYY!

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One of life's greatest blessings is the freedom to pursue one's goals." -Arcana VII The Chariot
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TheGoldenEel
09/07/21 10:50:01 AM
#472:


am I still the only one here with TNDM? I recommended it here when it was in the $70s

Hit a many-year high today



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TheGoldenEel
09/07/21 5:41:48 PM
#473:


update: damn what a day for TNDM



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Legato-and-Vash
09/07/21 5:45:43 PM
#474:


Not sure why I haven't jumped into Google before today.

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#475
Post #475 was unavailable or deleted.
Simp
09/07/21 6:55:28 PM
#476:


The impossible happened. The last of my stupid meme purchases from when I was starting out became profitable. Go Clover, to the moon! Now I'm gonna sell that junk and I'll be down to pretty much only index funds.

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Tyranthraxus
09/07/21 7:16:54 PM
#477:


I closed my TLRY position today. I will be closing SNDL soon.

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krazychao5
09/08/21 10:38:10 AM
#478:


Tyranthraxus posted...
I closed my TLRY position today. I will be closing SNDL soon.
closing in green or red? and do you think there is no upside or see it too far out?

well today turned into a dump

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Simp
09/08/21 10:51:25 AM
#479:


lol I'm glad I dumped Clover when I could, nosediving back down as expected
seeing some heavy red today, time to dump another $25,000 in!
rich when?

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Trumpo
09/08/21 10:53:37 AM
#480:


Simp do you have your entire networth tied into the market?
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E_S_M_Z
09/08/21 10:55:16 AM
#481:


Simp posted...
lol I'm glad I dumped Clover when I could, nosediving back down as expected

I made a ton of money with Clover, got greedy and invested more, and ended up in the red, lmao.
I've done the same thing about 3 times, but I think I finally learned to cool my jets, lol.


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Simp
09/08/21 11:00:19 AM
#482:


Trumpo posted...
Simp do you have your entire networth tied into the market?
Nah, only like 55% so far. I'm DCA against all recommendations because I'm noob and don't know what I'm doing. Looking to put pretty much everything in other than a small stash for emergency savings because I wanna be rich someday.

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krazychao5
09/08/21 11:36:06 AM
#483:


Simp posted...
Nah, only like 55% so far. I'm DCA against all recommendations because I'm noob and don't know what I'm doing. Looking to put pretty much everything in other than a small stash for emergency savings because I wanna be rich someday.
DCA is a legitimate strategery. Especially with the markets as high as they are now.

I just bought $1k enzc at .125 in my gf's portfolio. here's to hoping lmao

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CE_gonna_CE
09/08/21 11:39:30 AM
#484:


Im only DCAing with my 401k paycheck investments and a couple of individual picks, but yeah its a decent strategy.

Takes the guesswork and emotion out of things, which is key.

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Dat_Cracka_Jax
09/08/21 11:47:55 AM
#485:


Simp posted...
I'm DCA against all recommendations because I'm noob and don't know what I'm doing.
This is what you should be doing

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Tyranthraxus
09/08/21 12:00:05 PM
#486:


krazychao5 posted...
closing in green or red? and do you think there is no upside or see it too far out?

well today turned into a dump

I can't remember I bought it as APHA and sold as TLRY. I was definitely in the green at one point but it reset my average purchase price to $0 so I have to dig through my history to find out. I think I'm in the green. I think my average price was around $11 when it was APHA.

Should have closed all my positions with what today looks like.

SNDL I'm straight losing money.

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krazychao5
09/08/21 12:01:28 PM
#487:


Tyranthraxus posted...
I can't remember I bought it as APHA and sold as TLRY. I was definitely in the green at one point but it reset my average purchase price to $0 so I have to dig through my history to find out. I think I'm in the green. I think my average price was around $11 when it was APHA.

Should have closed all my positions with what today looks like.

SNDL I'm straight losing money.
remember, you only lose when you sell. but if you have an idea of a better place to put that money, do it.

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Tyranthraxus
09/08/21 12:14:39 PM
#488:


krazychao5 posted...
remember, you only lose when you sell. but if you have an idea of a better place to put that money, do it.
Literally not doing anything with it is a better place to put the money.


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lilORANG
09/08/21 6:07:18 PM
#489:


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TheChariot
09/09/21 8:04:51 AM
#490:


Let's hope today will be a good day.

Spoilers: It won't be.

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"The Arcana is the means by which all is revealed...
One of life's greatest blessings is the freedom to pursue one's goals." -Arcana VII The Chariot
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CE_gonna_CE
09/09/21 10:48:15 AM
#491:


Whats this, an actual Green Day perhaps?

Thanks, phone, for capitalizing Green Day there. Not my intent but Ill keep it I guess

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littlebro07
09/09/21 10:55:34 AM
#492:


CE_gonna_CE posted...
Whats this, an actual Green Day perhaps?

Thanks, phone, for capitalizing Green Day there. Not my intent but Ill keep it I guess

iphone?

I noticed mine doing that when I got it earlier this year lol

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CE_gonna_CE
09/09/21 10:58:58 AM
#493:


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Tyranthraxus
09/09/21 11:01:31 AM
#494:


Things are looking better now than they were this morning but I'm still not doing great.

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vbty3
09/09/21 11:50:48 AM
#495:


Bought back into ENZC

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Tyranthraxus
09/09/21 3:21:02 PM
#496:


AMC making some pretty impressive EPS recovery




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littlebro07
09/09/21 3:41:12 PM
#497:


vbty3 posted...
Bought back into ENZC

shouldve waited a few hours lol

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Tyranthraxus
09/09/21 4:01:54 PM
#498:


Well it started out rough but I ended the day green

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Legato-and-Vash
09/09/21 4:21:34 PM
#499:


Up $14 for the day. Down $5 afterhours.

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Legato-and-Vash
09/09/21 4:21:44 PM
#500:


500

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