Stock Advice Thread
- Thread starter dgtatu01
- Start date
So here's my question: Isn't there timing involved in "buying low, and selling high"? It's high right now, so by this theory, I should look at selling off a bit, correct? Or rather, if I have $1,000 to invest, should I not buy high and wait a bit to buy low?
I get your point about not timing the market and trying to get too crazy, but shouldn't everyone be looking to the future, at least in part?
Glad to see someone made some cash on AMD. Wish I just went for it. It may be capped for now, but AMD is poised to cut more into NVIDIA (for GPU) and Intel (for Datacenter/Infrastructure).
the new Nvidia GPU's are topping off at $1,200 and people are pissed at the cost. They're able to do this because over the years NVIDIA emerged as the choice for graphic cards.. actually, the ONLY choice. AMD fell to the wayside with a lack of quality.. but they appear to be changing that.
It's kind of in AMDs hands at this point. Two avenues they can make up serious ground in..
Yes, that’s what it is. I was being sarcastic.
As IZ mentioned you never know perfectly when it’s high or low. You may feel it’s high now and you may be correct this time. Eventually somebody will be correct about the market has reached its peak and I’m not saying it hasn’t. Just think about how many people have said the market is high or has peaked over the last ten years and been incorrect and missed out on gains. I know I can’t predict it (no one can long term consistently) so I’m going go stay in the market and continually invest in upturns and downturns given a longterm investment horizon.
I’d agree with that, but I do lower my contribution during so called high times. Right now I only contribute 6% but the last 2 years I contributed 10%.
Of course my 6% this year in dollars is 1.5x what I put in last year too.
As a company we already hit our goals for the year, so we get an 84% match, which means I’ll be increasing for the rest of the year.
Of course my 6% this year in dollars is 1.5x what I put in last year too.
As a company we already hit our goals for the year, so we get an 84% match, which means I’ll be increasing for the rest of the year.
Exactly, and another money maker: even though one may miss the beginning of trends, such as owning AMZN, AAPL, etc, early, you can still make good money off them with careful observance of their movements. I bought 10 sh of AMZN at a high price thinking I was insane, added until I reached 30 sh, still hold 15 sh at $1,436. I avoided cannabis stocks, but once STZ seemingly over paid to get in, I bought 300 sh of TLRY 3 weeks ago, sold half of it after a double, now it’s tripled and headed for a four bagger....runaway freight train right now, so I’ll sell another half at that point, total profit close to $30,000 in a month possibly. Probably my best move ever short term and I’m not holding an over priced stock this time like I did for dot com stocks.
Will you invest the same for an upturn and downturn? Similar to Krazy, do you take a different approach with one and the other?
I have quite a bit pouring into my 401k (10% with a 6% match) and maxing my Roth IRA. But with other shorter term goals in mind (you can't just save EVERYTHING for a future date) I don't think I need to add much more right now. I need to work towards a large down payment, emergency fund and still buy booze.
Buckets probably has a better answer for you (sounds like he wisely stays the course good or bad times), but having gone through those wars, don’t overdo, a person needs cash flow to also enjoy daily life. I would only invest 6%, the match, in a 401K, and since you’ve wisely maxed a Roth, enjoy that 4% or use some of it to play the market in a taxable discount brokerage account....over time I accumulated enough in a taxable, fun account to survive several years in retirement before dipping into the 401K, which I converted to an IRA in retirement so I could buy my own stocks and occasional etfs.
I would like some opinions on what I read this morning, these Canadian stocks have bounced back somewhat already:
Incredible rule in the US! Are we nuts, and how long has this been a law? I don’t use the stuff, but reminds of prohibition, one of the largest US alcoholic beverage companies, STZ, bought 38% recently of one of the big Canadian cannabis companies:
https://www.marketwatch.com/story/c...ace-lifetime-bans-from-entering-us-2018-09-13
Sent from my iPad
Incredible rule in the US! Are we nuts, and how long has this been a law? I don’t use the stuff, but reminds of prohibition, one of the largest US alcoholic beverage companies, STZ, bought 38% recently of one of the big Canadian cannabis companies:
https://www.marketwatch.com/story/c...ace-lifetime-bans-from-entering-us-2018-09-13
Sent from my iPad
I'm calling BS on the pot investor stuff coming from Sessions I guess until the first high profile guy gets arrested at the border. Possession is one thing but this is just stoopid policy. Nothing new with these guys. Remember when The Donald campaigned on states rights? What if an investor crosses in to Maine, Vermont or Washington State?
Careful, they’ve already bounced back about 60% of their loss early morning. The shorting companies have been warning all week and it will be “sell on the news” once this goes legal mid Oct or so in Canada. The story I showed you wasn’t even mentioned on yahoo or CNBC today, no need to totally overreact. More money to be made after a correction on these stocks, IMHO.
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I’m stunned that rule has been there, wonder for how long? I imagine with the pressure to bear re: Canadian tariffs, etc, the admin wanted this publicity (as you are saying). Yes, wait until some of their family members get in trouble or Canadian relatives can’t even visit because they bought 10 shares of a cannabis company.
The point to be made is does enforcement of this policy supersede state law that has legalized it? If Jeff Sessions says yes, what happened to all the campaign rhetoric about states rights? Some issues be decided at the state level and fewer at the federal level etc? OR does this administration continue to use antiquated policies as political footballs when it suits the president?I’m stunned that rule has been there, wonder for how long? I imagine with the pressure to bear re: Canadian tariffs, etc, the admin wanted this publicity (as you are saying). Yes, wait until some of their family members get in trouble or Canadian relatives can’t even visit because they bought 10 shares of a cannabis company.
Will sniffing dogs come to my house in Tn now that I traded TLRY, ban me to another country?
I respect your opinion but let's just say we will disagree on many of the things that were campaigned, reported, tweeted or enforced.
Football game with my bread and water, I hope!
I see what you’re saying better from this article (I hate politics, but this is an investment thread):
https://www.thestar.com/vancouver/2...ed-by-us-border-guards-for-lifetime-bans.html
I suspect CNBC has already picked up on this or will soon, so no, you’ve helped me understand the issue better!
A hedge fund got after TLRY this afternoon, made it go down more, its turn to get attacked this week...dilly dilly, I’m staying.
“This Has to Be the Dumbest Reason Ever for a Pullback in Marijuana Stocks” per Motley Fool:
https://finance.yahoo.com/news/dumbest-reason-ever-pullback-marijuana-183200440.html
https://finance.yahoo.com/news/dumbest-reason-ever-pullback-marijuana-183200440.html
I’d agree, but CGC is more in line with my price range especially seeing a lot of the growth already take place for TLRY.
Also they may have lost the race to distribute to Germany first, but they have a bigger German market already(how does that work) so I think they can out perform TLRY too, maybe, probably not but hell im sure crossing my fingers.
Just need those funds available ASAP.
Also they may have lost the race to distribute to Germany first, but they have a bigger German market already(how does that work) so I think they can out perform TLRY too, maybe, probably not but hell im sure crossing my fingers.
Just need those funds available ASAP.
Why is their glucose monitoring mostly for patients in Europe? It’s a Maryland company.Hilltop holdings just reported the bought into SENS, the very personal to me investment I made last week, for $394K and I have no clue how to read that.
I’m hoping for![[cheers]](https://ct.yimg.com/mr/uploads/891/5628.gif "Cheers [cheers]")
It’s not about who outperforms whom, it’s about me making money with the one I’ve bought, that is only one holding of about 20 I have currently. Hope you have some lower risk investments mixed with the stocks you’ve mentioned in your portfolio?
-You know I’m not sure, but right now in America Dexcom has the market covered but they suck from my personal experience!
My wife really looked into it and thinks it the product may not be approved by the FDA yet.
-Then they have a new product out that I see on TV but the monitoring is still on the external.
My wife really looked into it and thinks it the product may not be approved by the FDA yet.
-Then they have a new product out that I see on TV but the monitoring is still on the external.
that’s just my personal gamboling money honestly. But EVOP is the majority of personal investment and again I can personally attest for this group!
My training to sell their product starts on Tuesday, and I already have 11 clients begging me to hurry up. But then being in Dallas and me having a job already makes it more complicated.
My training to sell their product starts on Tuesday, and I already have 11 clients begging me to hurry up. But then being in Dallas and me having a job already makes it more complicated.
Good luck with the selling, precarious time pre next tariff and pre election for any of us investing in individual stocks, IMHO.
What is going on here?
EVOP is in Dallas, I live in KY, no watch parties as I hate watches.
The guy that wants to bring EVO to KY is from here but moved to Louisiana for this company and reached out to me.
They don’t offer stock options so I bought in myself in a way betting on me to at least help expand them.
lz very nicely let me know I’m basically gamboling with my investments as he and I’m sure others really do analysis where my investments are more personal in nature and if I piss the money away, well I’ve done worse!
But EVOP is making me great money and hopefully I can help them successfully expand into my market. Which everyone I’ve mentioned it to as a credit card processing device for them have been blown away by the annual savings they will be keeping in their pocket just to process card payments!
EVOP is in Dallas, I live in KY, no watch parties as I hate watches.
The guy that wants to bring EVO to KY is from here but moved to Louisiana for this company and reached out to me.
They don’t offer stock options so I bought in myself in a way betting on me to at least help expand them.
lz very nicely let me know I’m basically gamboling with my investments as he and I’m sure others really do analysis where my investments are more personal in nature and if I piss the money away, well I’ve done worse!
But EVOP is making me great money and hopefully I can help them successfully expand into my market. Which everyone I’ve mentioned it to as a credit card processing device for them have been blown away by the annual savings they will be keeping in their pocket just to process card payments!
You said it’s gambling money you’re using, so gamble away, none of my business. I try to analyze companies, but a few stocks I buy aren’t exactly safe blue chippers, such as TLRY, for example.
