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

With regular stock trades sure. Do that with options and you'll empty your account in a week. lol

 

Yea those people are nuts IMO!!

 

Some calling it catching a falling knife, others call it averaging down.

 

Long term investing vs day trading.

I Agree and disagree. It is a small version of gambling, but gambling is a game of chance (usually), like roulette or slot machines. I'd say the stock market is like poker, there's some luck/chance, and some skill. It's a gamble but it forces you (in theory) to research and know about the world. In researching stocks, you'll learn about parts of the world having crises that you wouldn't otherwise know about that affect a company stock unrelated to everyone else on the market. Or you'll learn about drug companies and their testing, their methods, etc.

Once my truck is paid off I'm going to start looking at maybe +200$/mo into this "gambling", as a "day trader" sort of scenario. It's investing, but active investing, so long as my 401k/roth stay at their normal levels, not planning to "play" with those.

Considering my MTB hobby is way more expensive and yields 0% ROI (other than fun), this can at least keep my entertained in the winter

 

I would buy 100 shares of Ford right now just to get access to X-plan pricing.

 

I work for Eaton, we get X-plan. At least when I was looking, and at the ranger, it was decent but meh. The sales guy I talked to even said there's a more than likely chance that they can beat or match the x-plan setup at the dealership (which I think they get an additional commission the x-plan doesn't give them, so it does benefit them to do it).

Now they're talking potential ~33% unemployment. I wonder how many are temp while their gig is suspended. Weird times.

 

Gambling in the sense that there are a lot of factors outside your control that can affect the outcome of your investment is what I meant. I'm a lifelong investor and yes it does force you to learn about companies if you dont want to lose your ass.

 

Oh for sure. Like I said, it's like poker. Still gambling, just some skill is involved too. (And the high rollers are different than us plebs )

 

We got toyota employee pricing at my last company, and I was able to beat the quoted employee price by a few grand with some emails, and I suck at negotiating.

Weird times indeed, it will be interesting to see if those out of work will even have an employer to come back to at the other side of this mess.

 

Toyota is notoriously marked up, where Ford is notoriously not marked up, from what I've heard, so that might be part of it.
Unfortunately TNA is the only maker I don't get discounts on. Nissan, Mazda, Volvo, Ford, GM, Dodge, bunch more too. But not Toyota.

Which is sad, so many of them are good vehicles but I've always wanted a Tacoma, so no matter what else I got I knew I'd trade it in within a few years. I might trade in my current truck within 5-10 years, but this was the lowest chance of that happening.

 

Yea we got a bunch of other mfrs as well, but we are a toyota household. We got cost pricing on subarus which got me excited until I saw in the fine print not applicable to STI, sad face.

 

MTB well that hobby bled me pretty good this month and i currently have a deposit on a custom frame

 

And I thought BMX was expensive. And then I got a road bike and thought that was expensive.

I have a hardtail stock bike, looking to build that up a little bit more purpose built for trails, and then get a second gravel bike. If I keep the BMX that puts the household at 4 bikes (1 for the wife...), down from 7, so it's still progress!

 

I try to only keep one bike these days. I have had as many as four in college. A fixed gear, a road bike and two hardtail mountain bikes.

 

I have (had) 7. Wifes bike and then me: BMX, Mountain, Road, Gravel, junker road, and old junker MTB. Sold off the junkers the past few weeks, selling my road, and the gravel isn't what I want in a gravel bike. Too nice. So I want to pitch that, and get me down to potentially just the MTB and gravel. I run the dog on the bike so I don't want to be using the MTB for that. SO I could in theory be down to two, would be nice.


The heck happened with ADSK (Autodesk) today?? I'm still new to this, seemed out of left field that they posted gains today.

 

I wonder if the new rapid testing combined with the approved treatment will calm people down and lead to people getting back in to the market sooner than later. Things could pick up speed this week and if the mortality rate goes down it could put people at ease. The lack of employment will be a bigger problem that could delay things though.

 

Even the worst case scenarios they’re predicting aren’t much worse than a bad flu season. And those are worst case scenarios. I think people are starting to see that.

 

the problem is nobody wants to say that. Nobody wants to say sorry gam gam we’re gonna gamble with your well-being. Gam gam gets the flu shot so she’s relatively safe from the known strands of the flu. This can get anyone anywhere anytime. So it’s a bit different.

There’s definitely two sides to this. And I do think once this dies down we’ll see a steady but slow increase in economy back up to February levels. Thing is the entire workforce right now hit pause, when we hit play everyone is going to be prepped to run at their same rate pre shit show, where as in 2008 we had a dramatic slow down and it took a while to get back going again.

we’ll see. I’m no expert and it’s silly for me to think I can foresee all.

edit: I think the navy ship coming into nyc today also helped turn down the worry meter a notch. Just the symbolism of it not even what it’s doing.

 

Yea it really is just the flu.