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

I bought some last week, and as you can see just felt today's slump.

My overall market stance right now is that I am continuing to contribute to my accounts, but I am just accumulating cash at the moment. I'm not interested in trying to catch this falling knife. I'm going to let the markets stabilize a bit before diving back in.

 

Precisely. I'm waiting to see when I interpret we have found a bottom (at least temporarily) before I tie up any more cash.

 

I bought in at a certain number that I perceived to be a discount on the stock. With market fluctuations I run the very real risk of the stock falling further, as you can see here. I purchased AAPL as a long position so seeing a market drop like this is not going to make me panic and sell which instantly secures a loss. I'll just ride it out, and use the equity that I do have in the stock as leverage for my options positions and margin values elsewhere within my account. No fear here.

 

I saw the Santa Claus rally as just that... An end of year run up. I personally (certainly no professional) think that we are in for a long and bumpy road further down yet. I am waiting for another little rally to get out of some positions that I have gotten lopsided in so that I can use those funds elsewhere, but I'm long on the stock market overall. Hell, I've lost over $500/share on some of my Amazon positions, but I won't be rolling out of them anytime soon. I just happen to be short on the 1-year or so time horizon. There's a lot of geopolitical variables that remain up in the air, and it keeps me held back. In the meantime I will enjoy my bear call spreads as I cheer the stock market lower. Just my .02

 

And this is why the long game is the best way. You and I have polar opposite opinions as to the direction of the market. Both of which have sources to support them. It might end up that neither of us are right, and the stock market remains range bound for the next 6 months...

 

Yeah I bust my trading account into 3 relatively even buckets: Stable stocks (generally) that pay me dividends, growth stocks that I believe will make a run up, and stocks that I trade monthly and leverage for options trading.

If you asked me though I am a dividend investor. That is essentially my long term position.

 

Are you a 5 stock portfolio kind of guy, or are you one that has positions in dozens of stocks?

 

Yeah I'd say never post up numbers on here. I run about 15-20 positions, and then I generally have another 5-6 options positions on depending on the game that I am playing at the time.

 

I could probably teach you a couple of things. Once you get the concept it's easy. I'm not about to type that novel out on here though.