Ghost of Igloi wrote:
^You forgot another Socrates quote: “An Unexamined life is not worth living.”
Seems more appropriate for you.
Ghost of Igloi wrote:
^You forgot another Socrates quote: “An Unexamined life is not worth living.”
Seems more appropriate for you.
Ghost of Igloi wrote:
^You forgot another Socrates quote: “An I examined life is not worth living.”
Seems more appropriate for you.
You display your ignorance because if you knew the context and meaning, you never would have used that quote. Alas, you wear it now.
Racket wrote:
seattle prattle wrote:
Okay, i bought a little Advanced Micro Devices ahead of their earnings announcement next week instead. It's run up enough to be a little risky, but there you have it.
Just so you know, AMD is an overpriced penny stock. Look at the volume it trades at each day. It's insane given their market cap and various institutions have taken them for a ride in both directions over the past several years. It honors nothing even remotely close to fundamentals or technicals.
Thx. Comparing the trading volume to the market cap yes, it is being really actively traded. Checked it against the ratios of some other companies, and it is highly skewed. Will think that one through over the weekend....
Fact checker wrote:
Ghost of Igloi wrote:
^You forgot another Socrates quote: “An I examined life is not worth living.”
Seems more appropriate for you.
You display your ignorance because if you knew the context and meaning, you never would have used that quote. Alas, you wear it now.
You’re so wise. Too bad your weirdness overwhelms everything else.
Well gents, happy weekend. The US is breaking out to new highs. The rest of the world...not so much.
This really shows how the US is more of an island than other countries...supertanker USA just keeps sailing on as wind and currents slap its sides but don't knock it off course much.
As I write this I'm the richest I've ever been and I have the housing and stock markets to thank for that. And thank the lord for that since I only made any real money for around a 4 year span a while ago. I managed to mess up that good situation but billions of people working for my companies bailed me out and made me a rich man. All thanks to them.
Cheers DGTD.
agip wrote:
Well gents, happy weekend. The US is breaking out to new highs. The rest of the world...not so much.
This really shows how the US is more of an island than other countries...supertanker USA just keeps sailing on as wind and currents slap its sides but don't knock it off course much.
As I write this I'm the richest I've ever been and I have the housing and stock markets to thank for that. And thank the lord for that since I only made any real money for around a 4 year span a while ago. I managed to mess up that good situation but billions of people working for my companies bailed me out and made me a rich man. All thanks to them.
Cheers DGTD.
Congrats to you, AGIP. Please be sure to cash out soon as Igy is predicting a market collapse not seen in many, many years. ( I say this with a smile on my face).
Sally Vix wrote:
agip wrote:
Well gents, happy weekend. The US is breaking out to new highs. The rest of the world...not so much.
This really shows how the US is more of an island than other countries...supertanker USA just keeps sailing on as wind and currents slap its sides but don't knock it off course much.
As I write this I'm the richest I've ever been and I have the housing and stock markets to thank for that. And thank the lord for that since I only made any real money for around a 4 year span a while ago. I managed to mess up that good situation but billions of people working for my companies bailed me out and made me a rich man. All thanks to them.
Cheers DGTD.
Congrats to you, AGIP. Please be sure to cash out soon as Igy is predicting a market collapse not seen in many, many years. ( I say this with a smile on my face).
Glad you are all happy and back slapping yourself. However, make sure you understand that all of the above is underwritten by central bank monetary policy. And if you doubt that please refer to Q4 2018. I added to my short position today.
Yeah, that's a lot to be thankful for, Agip. And this site - it just cracks me up. The constant background noise of the squablling, interpersed with some some red hot stock analysis.
FWIW, the markets have treated me better than i would have ever imagined. I keep saying i am going to get out, but....
I never total my networth until the maket closes, but with todays run up, i am either at the point i said i would or super close.
Do any of you check the markets while you run? Trying to get today's run in before the temps creep up to high, so it looks like i'll be doing exactly that.
Have a great weekend, all.
Way back on page 1 of this thread in 2013, I was told to enjoy the ride down and that I had been warned.
Well, that was BS of course, and the market has done very well since then as I said it would of course.
Doom and Gloom with regard to the stock market is for men with small members.
The stock market isn't a place to bet. It isn't a place to compete with others. It is ONLY a place for you to put money that you don't need today so that you will have money in the future when you do want or need it.
It is the wrong attitude of most people which either makes them think of the stock market in the wrong way and therefore not invest as they should, or makes them not invest at all or makes them frequently take money OUT of the market and not be in as they should for long stretches.
This thread is one of many that I have conquered, so I don't plan to post here much. Every once in a while though you people need to know who the top dog of personal finance and investing is, and that is Flagpole. Am I trolling you with that? Maybe, but maybe not.
I sacrificed about one degree farenheit for that?!
Flagpole,
You also said sometime ago that you would reduce your risk when you hit a certain level because you didn’t want to be stupid. Did you ever do that? And if not, could you ever envision that being a mistake?
Igy
Ghost of Igloi wrote:
Flagpole,
You also said sometime ago that you would reduce your risk when you hit a certain level because you didn’t want to be stupid. Did you ever do that? And if not, could you ever envision that being a mistake?
Igy
Good question. I will tell you that I wrote a big long response and then decided it was just too much and came across as braggy even though I didn't mean it to be (either seriously or jokingly), so I deleted it and wrote just what is here.
I am still all in stocks within mutual funds as far as my investments go. I do not have any CDs or bonds. What I have done and what I plan to have in retirement is 3 years of expenses saved liquid (I might increase it a bit in retirement even, but 3 years minimum). The idea of course is that if the market were to take a long and extended down turn, I could use the money in my emergency fund to live on for 3 years while I wait for the stock market to go back up. If that were to happen after I start taking Social Security (as early as age 62), then I could go even longer without taking from my stocks.
So, that's where I am now. Things could change if I see a fundamental change to the stock market or Social Security gets taken away or something like that.
seattle prattle wrote:
I sacrificed about one degree farenheit for that?!
I guess so.
Flagpole,
OK. Buy and hold is not the best strategy for someone your age, You will compound at a faster rate if you limit your exposure to stock well in advance of any downturn. Good luck with your plan.
Igy
Flagpole wrote:
seattle prattle wrote:
I sacrificed about one degree farenheit for that?!
I guess so.
Well, it didn't kill me, so whatever...
Thanks for sharing your subsequent post about retirement strategy, which i find very informative.
I hope it works out for you. It's more of a plan than i really have figured out. Probably something fairly similar.
Ghost of Igloi wrote:
I added to my short position today.
I wonder if you have the cojones to put your mouth where your money is and tell us exactly what you bought. My bet is that you don’t.
PSSAX
wondering wrote:
Ghost of Igloi wrote:
I added to my short position today.
I wonder if you have the cojones to put your mouth where your money is and tell us exactly what you bought. My bet is that you don’t.
You have a really low threshold for what takes balls.
Not surprising.
Ghost of Igloi wrote:
Flagpole,
OK. Buy and hold is not the best strategy for someone your age, You will compound at a faster rate if you limit your exposure to stock well in advance of any downturn. Good luck with your plan.
Igy
I don't consider what I do to be Buy and Hold. I buy and buy and buy and buy and buy, and then I change holdings or holding percentages every once in a while. Usually I do that by adding new mutual funds, rather than selling shares in a specific mutual fund. Sometimes I will buy more than scheduled, though I have never taken a cash payout from my stocks, so if you want to dig in on "buy and hold", I won't disagree...though again, I do a little more than just that.
I have been investing in this manner since age 23, and it has not let me down.
I do not buy individual stocks.
Ghost of Igloi wrote:
wondering wrote:
I wonder if you have the cojones to put your mouth where your money is and tell us exactly what you bought. My bet is that you don’t.
You have a really low threshold for what takes balls.
Not surprising.
Well, he had to consider who he was dealing with. So, yes, not surprising.