Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Are you a long-term investor (i.e. buy and hold for decades), or a trader? It might matter if you're trading, but if you're investing, you won't care 20+ years from now if you paid $115.50 or $115.52 a share for Walmart.

 

yep same here. Although RH really needs to make setting up/ executing limit buy/sells a little less.. clunky

 

who all's buying natural gas at these low prices?

 

I’m still trying to figure out what I want to do, I have one of my stocks set to sell if it goes over a certain price (possible, but not likely) but that’s because it doesn’t pay dividends.
My dividend stocks I plan on keeping.

I don’t have stocks that cost that much, I have a total of $270 in 19 stocks, my most expensive share is around $80 (I only have 1 share of it) 4 shares around $25 and the others are $10 or less.

The shares that I were buying were $4.76/share so the 2 cents increase is large percentage compared to $100+/share cost.

 

I would suggest getting a strategy formed and sticking to it. You're probably doing that right now, which is good.

I lost a lot of money, like a whole lot, because I didn't really have a strategy when I started investing. Since I figured out what I want to do, I have recovered the loss and and up quite a bit.

I think investing without a plan is just going to get someone's money transferred to patient hands. You gotta be the patient hands!

 

My strategy is 2 sided, the main side is slowly put money into the account for shares in large companies such as F,T, GE, C, KDP, and others when they appear to be a decent or better buy.
The other side is to keep ~$50 in smaller stocks that aren’t (in my opinion) long term and buy low, sell high (assuming they make it high) or have a stop loss setup.
The buy low sell high is mainly a “keep busy” type of deal, at work we can have lots of dead time so I can sit and watch the stocks, Unlike my co-workers I don’t play the lotto so short stocks are like my version of the lotto but with (theoretically) higher chances of break even or gain even though the gain is slight (pennies) at the volume/cost I deal with.

But I do want to continually evolve my strategy.

I’m really disappointed that I didn’t invest in AMD a year ago when I told my parents to, I figured I was too young (22) to get into stocks but if I had invested just $200 I would be up quite a bit today.

 

That sounds good actually.

I bet if you track the 2 sides, the boring one where you just bought more and more will highly outperform the fun side. That's just something I have found out over the last few years, the more boring and less transactions, the better it will probably do. A portfolio is like a bar of soap, the more you mess with it, the smaller it will become.

I know many disagree so there will always be short sellers and traders. I figure they're the ones that give me the gains!

 

I also believe that my “fun” side won’t be very productive but I see it as learning potential as well as a good way to stay busy during business hours.
I could also be very lucky and hit the next Ebay or Amazon but I think there are low odds of that with the current market strength (as well as consumer strength) of Amazon.
Without looking at their stocks I think Ebay is already on its way out with the influx of FB marketplace, Letgo, and OfferUp.

 

bloodbath today. Closed at its low for the day and its low since 2016 - $1.996

 

Buying opportunity or falling knife?

 

Wish I knew the answer

 

Yea dumb question. You know more than I do about that so figured I’d ask anyway.

 

I've been averaging down, so I'm really hoping we are finally at "buying opportunity" but I somehow remain cautiously optimistic considering the warmer weather trends and lackluster demand this year. There are a lot of short bets as well as long bets so there's a lot of drama right now

 

Is there a specific ticker you use?

 

UNG, UGAZ and DGAZ are all natgas related

 

Would you be able to point me in the direction of buying commodities? I am not sure where to look or go to.

 

I'm unsure what you're asking?

 

I usually go ETFs instead of going to Forex or something of that nature.

 

Btw, Customers Bank Ascent account has 2.25% APY locked in until June 30 2020.

https://www.customersbank.com/ascent/

In the age of QE and ZIRP, this is about the best you'll get for a savings acct..

 

So I decided to grab some shares of QYLD Friday for my Roth IRA and I'm glad I did, because the monthly dividend was announced today instead of tomorrow like I thought it was going to be. This fund is a little higher risk but the yield is around 9-10% so I want to give it a shot for a while. The price was higher than I would have liked but rolling over some 401K into the Roth in January gives me a full year of dividends before I have to pay the income tax on it.