The Unkle wrote:
Ghost of Igloi wrote:
You may want to consider the wisdom of investing in a auto company that was profitable last quarter by selling carbon credits. By the way, the stock was down another $12 in aftermarket.
An auto company that has returned over 100% on my investment in it this past few months.
And that is bouncing back nicely as I type this
Igy is known for being a contrarian indicator. Congratulations.
Ghost of Igloi wrote:
David Wowie wrote:
So that's the ahole who is killing my Tesla stock price
You may want to consider the wisdom of investing in a auto company that was profitable last quarter by selling carbon credits. By the way, the stock was down another $12 in aftermarket.
Tesla was at $52 two years ago. It is up to around $400 today. You maybe missed on this too, Igy? Were you shorting this?
Sally Vix wrote:
Ghost of Igloi wrote:
You may want to consider the wisdom of investing in a auto company that was profitable last quarter by selling carbon credits. By the way, the stock was down another $12 in aftermarket.
Tesla was at $52 two years ago. It is up to around $400 today. You maybe missed on this too, Igy? Were you shorting this?
Dow 30,000 by August.....2030......
Regarding, Tesla. I sold my holdings in a an IRA account yesterday, at about break even, if i remember correctly. Sill holding onto about an equal amount in a cash account, but that one is in the red by 10%.
I seem to time this stock consistently badly, except for a big run-up i had from an initial run i had last year, which keeps me generally in the plus side overall.
Ghost of Igloi wrote:
Sally Vix wrote:
Tesla was at $52 two years ago. It is up to around $400 today. You maybe missed on this too, Igy? Were you shorting this?
Dow 30,000 by August.....2030......
Dow WAS very very close to 30,000 by August 2020. It went from 18,500 to 29,000. An increase of close to 60% in 5 months. You ever had an investment that did anything close to that? And NO, CDs have never in a million years done anything close. CDs have an average real rate of return over the last 30 of less than 1%. Think about that! Less than 1%!
https://www.putnam.com/literature/pdf/II514-bee9d3d363e6964080e2056af9538b4a.pdfseattle prattle wrote:
Regarding, Tesla. I sold my holdings in a an IRA account yesterday, at about break even, if i remember correctly. Sill holding onto about an equal amount in a cash account, but that one is in the red by 10%.
I seem to time this stock consistently badly, except for a big run-up i had from an initial run i had last year, which keeps me generally in the plus side overall.
Seattle - you can't time it. If you are bullish on the stock buy and hold for the long-term. Buy and fuggedaboutit!
That worked poorly for Lucent in 2000, and Citigroup in 2008.
Sally Vix wrote:
seattle prattle wrote:
Regarding, Tesla. I sold my holdings in a an IRA account yesterday, at about break even, if i remember correctly. Sill holding onto about an equal amount in a cash account, but that one is in the red by 10%.
I seem to time this stock consistently badly, except for a big run-up i had from an initial run i had last year, which keeps me generally in the plus side overall.
Seattle - you can't time it. If you are bullish on the stock buy and hold for the long-term. Buy and fuggedaboutit!
Nasdaq is up about 600% since 2009 and the S & P is up around 400% in the same time frame. Buy and fuggedaboutit! (Mic drop)
Sally Vix wrote:
seattle prattle wrote:
Regarding, Tesla. I sold my holdings in a an IRA account yesterday, at about break even, if i remember correctly. Sill holding onto about an equal amount in a cash account, but that one is in the red by 10%.
I seem to time this stock consistently badly, except for a big run-up i had from an initial run i had last year, which keeps me generally in the plus side overall.
Seattle - you can't time it. If you are bullish on the stock buy and hold for the long-term. Buy and fuggedaboutit!
my failing with that stock is that i keep getting shaken out. I sell on the way down, and boy does it ever have some sell-offs. Sometimes to protect profits, and sometimes to minimize what i expect to be an even bigger loss.
I should do what you say, and everyone i don't, i soon come away with the feeling that i just got played. Probably because i almost never sell just to take profit while it's rising.
seattle prattle wrote:
Sally Vix wrote:
Seattle - you can't time it. If you are bullish on the stock buy and hold for the long-term. Buy and fuggedaboutit!
my failing with that stock is that i keep getting shaken out. I sell on the way down, and boy does it ever have some sell-offs. Sometimes to protect profits, and sometimes to minimize what i expect to be an even bigger loss.
I should do what you say, and everyone i don't, i soon come away with the feeling that i just got played. Probably because i almost never sell just to take profit while it's rising.
I have mentioned this before but there was a pretty well-known study done about 25 years ago that concluded that one's portfolio performance is 96% based on being well-diversified and only 4% on stock-picking and market-timing. Meaning you really can not time the market. For me, I rely heavily on Vanguard and Fidelity index funds which are the cornerstone of my portfolio. I like to tinker with some of the hot stocks some but will just buy and just hold. You would be surprised at how many of the "hot" stocks are in many of the index funds. Apple, Microsoft, Google and others are in many mutual funds.
I’m staying with my holdings for a while, including TSLA. A better day today, but still reeling from yesterday. Honestly, didn’t even look at my dashboard today, I figure that’s the best way.
Sally Vix wrote:
Sally Vix wrote:
Seattle - you can't time it. If you are bullish on the stock buy and hold for the long-term. Buy and fuggedaboutit!
Nasdaq is up about 600% since 2009 and the S & P is up around 400% in the same time frame. Buy and fuggedaboutit! (Mic drop)
Dow Jones underperforming bonds, gold, and even CDs since January 26, 2018.
You’re such a sucker, and more to come.
Sally Vix wrote:
seattle prattle wrote:
my failing with that stock is that i keep getting shaken out. I sell on the way down, and boy does it ever have some sell-offs. Sometimes to protect profits, and sometimes to minimize what i expect to be an even bigger loss.
I should do what you say, and everyone i don't, i soon come away with the feeling that i just got played. Probably because i almost never sell just to take profit while it's rising.
I have mentioned this before but there was a pretty well-known study done about 25 years ago that concluded that one's portfolio performance is 96% based on being well-diversified and only 4% on stock-picking and market-timing. Meaning you really can not time the market. For me, I rely heavily on Vanguard and Fidelity index funds which are the cornerstone of my portfolio. I like to tinker with some of the hot stocks some but will just buy and just hold. You would be surprised at how many of the "hot" stocks are in many of the index funds. Apple, Microsoft, Google and others are in many mutual funds.
Yeah. My TRBCX is almost 11% AMZN
Maserati wrote:
I’m staying with my holdings for a while, including TSLA. A better day today, but still reeling from yesterday. Honestly, didn’t even look at my dashboard today, I figure that’s the best way.
Keep swimming the next decade and you’ll be fine. ?
Ghost of Igloi wrote:
Sally Vix wrote:
Nasdaq is up about 600% since 2009 and the S & P is up around 400% in the same time frame. Buy and fuggedaboutit! (Mic drop)
Dow Jones underperforming bonds, gold, and even CDs since January 26, 2018.
You’re such a sucker, and more to come.
Love it ... your precision in picking dates is off the charts. You could have picked January 22 or January 30 but NO you went with January 26, 2018. Was that possibly the NADIR of the Dow at that time? When anyone looks up "Cherry-picking" in the dictionary I think everyone here can predict whose picture will be there.
Dow 30,000 August...... year 2030....
Rotten cherry picking ?!
I should have said apex.
Ghost of Igloi wrote:
Dow 30,000 August...... year 2030....
Rotten cherry picking ?!
Igy - I read this a few years ago. I know you have a Cayman. And this article was about how few of certain cars are sold worldwide. The number of Caymans sold worldwide at that time (maybe 2017) was like 1100. I found that really incredible.
Ghost of Igloi wrote:
Sally Vix wrote:
I should have said apex.
Your investment:
https://www.ytdreturn.com/dow/?
Dow is up about 400% since 2009. I will be cashing out in 20 years when the Dow is around 50,000.