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

Discussion in 'Stocks & Investments' started by ThunderOne, Feb 1, 2018.

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  1. Jun 5, 2020 at 9:59 AM
    #12801
    uhplifted

    #12801
    uhplifted The Hopfather

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    Well, I exited DKNG today. Thinking about taking half and putting it in to GAN. Also picked up some PIXY
     
    uhplifted, Jun 5, 2020
    #12801
  2. Jun 5, 2020 at 9:59 AM
    #12802
    pdaddy

    #12802
    pdaddy WeLl-KnOwN mEmBeR

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    I’m still waiting for today’s dip, I guess I’ll have to wait till Monday?
     
    pdaddy, Jun 5, 2020
    #12802
  3. Jun 5, 2020 at 10:01 AM
    #12803
    rmorse

    #12803
    rmorse Well-Known Member

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    For what it’s worth, I have a little over 100 shares of NCLH at about $12.50 and I don’t plan on selling until $40. I don’t know how realistic that is but that has always been the plan.
     
    rmorse, Jun 5, 2020
    #12803
    pdaddy, TWTaco[QUOTED], rmepilot and 1 other person like this.
  4. Jun 5, 2020 at 10:02 AM
    #12804
    rmepilot

    #12804
    rmepilot Well-Known Member

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    Not unrealistic, but not sure how long it will take. You're capital gains tax rate will be much lower though.
     
    rmepilot, Jun 5, 2020
    #12804
    rmorse[QUOTED] likes this.
  5. Jun 5, 2020 at 10:03 AM
    #12805
    memario1214

    #12805
    memario1214 Hotshot Offroad Moderator Vendor

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    Lol. I only squirrelled in like another $4k over my normal contributions, but I did take advantage of the situation and convert just over $30k from Trad IRA to Roth IRA at a nice discount when it was near its bottom :cool:
     
    memario1214, Jun 5, 2020
    #12805
    rmepilot and Boyk1182[QUOTED] like this.
  6. Jun 5, 2020 at 10:04 AM
    #12806
    rmorse

    #12806
    rmorse Well-Known Member

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    STONKS!

    30150DA6-CB3E-4CEE-90FD-E54668E9940C.jpg


    How much are lambos
     
    rmorse, Jun 5, 2020
    #12806
    indoomitable, pdaddy, 95 taco and 2 others like this.
  7. Jun 5, 2020 at 10:05 AM
    #12807
    Boyk1182

    #12807
    Boyk1182 Well-Known Member

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    That's more than tripling your money, and it would take the market (on average) about 14 years to do that, something like that. Anything short of 14 years and you beat the market.
     
    Boyk1182, Jun 5, 2020
    #12807
    rmorse[QUOTED] likes this.
  8. Jun 5, 2020 at 10:05 AM
    #12808
    TacomaSport86

    #12808
    TacomaSport86 2010 Tacoma/2016 4Runner Pro

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    Lol smh
     
    TacomaSport86, Jun 5, 2020
    #12808
    pdaddy and Boyk1182[QUOTED] like this.
  9. Jun 5, 2020 at 10:05 AM
    #12809
    rmepilot

    #12809
    rmepilot Well-Known Member

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    More than $17.80...
     
    rmepilot, Jun 5, 2020
    #12809
  10. Jun 5, 2020 at 10:05 AM
    #12810
    memario1214

    #12810
    memario1214 Hotshot Offroad Moderator Vendor

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    Haha! Cookie cutter! I have about 180 shares of NCLH that I bought around $11. I was planning on holding till $40 myself. :thumbsup:

    I'll bail at $30 though and roll the funds into my other diversification avenues if my litmus test of the market doesn't lead me to believe it's on a steady climb.
     
    memario1214, Jun 5, 2020
    #12810
    Boyk1182, rmorse[QUOTED] and rmepilot like this.
  11. Jun 5, 2020 at 10:06 AM
    #12811
    ThunderOne

    #12811
    ThunderOne [OP] Well-Known Member

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    market is forward looking - your chance was in Feb
     
    ThunderOne, Jun 5, 2020
    #12811
  12. Jun 5, 2020 at 10:06 AM
    #12812
    rmorse

    #12812
    rmorse Well-Known Member

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    I always liked you
     
    rmorse, Jun 5, 2020
    #12812
    Tacoodan67 and memario1214[QUOTED] like this.
  13. Jun 5, 2020 at 10:07 AM
    #12813
    rmorse

    #12813
    rmorse Well-Known Member

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    $17.80 is actually 10x what I have in that stock lmao
     
    rmorse, Jun 5, 2020
    #12813
    rmepilot[QUOTED] likes this.
  14. Jun 5, 2020 at 10:07 AM
    #12814
    ThunderOne

    #12814
    ThunderOne [OP] Well-Known Member

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    we all had plenty of time to anticipate COVID hitting our shores, like at least a month. That's why I de-risked the moment the waters in the market started to ripple in the US. I don't regret that decision one bit. Did not anticipate a V bottom but still got back in at a discount.
     
    ThunderOne, Jun 5, 2020
    #12814
  15. Jun 5, 2020 at 10:08 AM
    #12815
    TacomaSport86

    #12815
    TacomaSport86 2010 Tacoma/2016 4Runner Pro

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    hindsight is always 20/20
     
    TacomaSport86, Jun 5, 2020
    #12815
  16. Jun 5, 2020 at 10:08 AM
    #12816
    memario1214

    #12816
    memario1214 Hotshot Offroad Moderator Vendor

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    Complimenting a mod won't help drive your portfolio value higher... :p

    At least I dont think it will :rofl:
     
    memario1214, Jun 5, 2020
    #12816
    theredofshaw, rmepilot and rmorse[QUOTED] like this.
  17. Jun 5, 2020 at 10:10 AM
    #12817
    Iwilltaco

    #12817
    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    I am glad we maxed our Roth’s out when markets were near the bottom. That has done very well also.
     
    Iwilltaco, Jun 5, 2020
    #12817
    ThunderOne[OP] likes this.
  18. Jun 5, 2020 at 10:12 AM
    #12818
    ThunderOne

    #12818
    ThunderOne [OP] Well-Known Member

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    I know of a few people who have timed their buy-ins right, or bought more at those levels. Kudos! Moments like these are where real money can be made
     
    ThunderOne, Jun 5, 2020
    #12818
  19. Jun 5, 2020 at 10:14 AM
    #12819
    Beef Nachos

    #12819
    Beef Nachos Here for a good time, not a long time

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    I heard it as the market was responding to a health crisis, not a financial crisis like the housing bubble. It was bending under pressure, not inherently broken and needing repair. They expected a quick bounce back with a full recovery within 9-12 months, albeit not at all time highs like previous

    What’s your reasoning behind PIXY?
     
    Beef Nachos, Jun 5, 2020
    #12819
    Boyk1182[QUOTED] likes this.
  20. Jun 5, 2020 at 10:16 AM
    #12820
    uhplifted

    #12820
    uhplifted The Hopfather

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    Just a tip from a friend really. He’s only lead me to gains in the past, so figured I’d throw in some. Plus with places starting to open up and places having had a bunch of layoffs could lead to a good potential. He thinks it’ll go to $10
     
    uhplifted, Jun 5, 2020
    #12820
    not_nick and Beef Nachos[QUOTED] like this.
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