Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[ghak99]

This is insane.

Anyone see a reason why this run won't last 60 more days?

[Rain Man]

Originally Posted by KCUnited

Talk to me about buying strategy.

Say you've grabbed a position in a stock using the funds available to you at the time. The stock has done well and seems to be rising. As more funds become available to you, do you a) keep purchasing the stock at the market price? b) hold the funds and set a limit order at a lower price and wait for a dip? or c) look for other opportunities with a different stock?

Also, do you have a max number of shares you strive to get to in something before you move on to a different stock?

My scenario is specific to making funds available with each pay period, every 2 weeks in my case, and I'm a little fuzzy on how to allocate after my initial (larger) purchase.

I mess around with different strategies all the time, and haven't found one that works in all weather. I had a good one a while back for a sideways stock market, but it does not work well in a market like we had last year.

I'm mostly a buy and hold guy in the big picture because I want to understand the stocks and how they move. But recently I've been chasing momentum. I look at the stocks in my portfolio that are down each day, and if one of them has been positive over the last X months, I'll buy a smidge more of it. Maybe a 1 percent add. I do that every couple of days since I've been sitting on some cash for a while.

I'll say too that having the "reinvest dividends" button on has worked well this past year. The computer bravely invested my cash payouts during the months when I was afraid to do so.

[Hammock Parties]

Originally Posted by ghak99

This is insane.

Anyone see a reason why this run won't last 60 more days?

The market sees stability and a vaccine.

I feel fine.

[patteeu]

Originally Posted by Rain Man

I mess around with different strategies all the time, and haven't found one that works in all weather. I had a good one a while back for a sideways stock market, but it does not work well in a market like we had last year.

I'm mostly a buy and hold guy in the big picture because I want to understand the stocks and how they move. But recently I've been chasing momentum. I look at the stocks in my portfolio that are down each day, and if one of them has been positive over the last X months, I'll buy a smidge more of it. Maybe a 1 percent add. I do that every couple of days since I've been sitting on some cash for a while.

I'll say too that having the "reinvest dividends" button on has worked well this past year. The computer bravely invested my cash payouts during the months when I was afraid to do so.

[EPodolak]

Originally Posted by Buehler445

The EV thing feels a lot like the .com bubble.

Even so much as total frauds (NKLA) getting run.

But NKLA is out so maybe we've learned.

I wouldn't own it, but it wouldn't surprise me if even NKLA get's back on track. They're bringing in experienced leadership (so I've read), that knows how to damage control what they've gone through.

[Buehler445]

Originally Posted by EPodolak

I wouldn't own it, but it wouldn't surprise me if even NKLA get's back on track. They're bringing in experienced leadership (so I've read), that knows how to damage control what they've gone through.

Right, but they have NOTHING.

No real IP, no deals in place.

They're basically a month old startup.

[Hog's Gone Fishin]

Originally Posted by DaFace

TSLA isn't far off from bitcoin in my mind these days. It's almost entirely a play for whether the hype can possibly go up even more.

It's hard to imagine that the bubble won't burst someday, but whether that's tomorrow or 10 years from now, who knows?

TSLA is headed back to 2400. Elon will announce a 5 for 1 stock split and he'll be worth 1.5 trillion

[Hog's Gone Fishin]

There was a guy interviewed on CNBC this morning ,I didn't catch his name but he's a billionaire. He said the government should give every person when they're born $2000 and it's put into an index fund and can't be touched until 65 and then the government could do away with Social security.

So I put that into a calculator at 10% and you would have 1,294,931 at age 65. Or $5395/month for 20 years if you don't count continued interest after 65.

At 12% it gives you $4,695,713. Which is $19,565/month

Just think how much that would save the government. One time payment of 2K versus 20 years of 2K a month.

[wheeler08]

Today was a good day. TAN is up 50% since I bought it in November. JETS is slowly climbing. I’m flying for the first time in a year, next month. I got in on NIO last week and it’s still climbing. And my good ole AMD keeps chugging along. I think it’s up
75% since I bought it couple years ago. I remember when I first started playing with Robinhood, AMD was my first stock I ever bought, this was close to 5 years ago maybe, and it was under $5/share I think. Got in and out several times since.

[Hammock Parties]

NIO strong like bull.

Slight sell off today and it's up 8%

[Buehler445]

Originally Posted by Hammock Parties

NIO strong like bull.

Slight sell off today and it's up 8%

Yeah, **** it. I bought some today.

[lewdog]

Originally Posted by Hammock Parties

NIO strong like bull.

Slight sell off today and it's up 8%

Let’s ride boys!

[Hog's Gone Fishin]

Came across two MONTHLY Dividend stocks but know nothing about.

SLVO pays at yield of 24.8%

REML pays a yield of 16.58%

[Hammock Parties]

Originally Posted by Hog's Gone Fishin

REML pays a yield of 16.58%

January 2021's dividend is the highest in the past 12 mos. a positive sign for the upcoming year

[Chargem]

Originally Posted by Hog's Gone Fishin

There was a guy interviewed on CNBC this morning ,I didn't catch his name but he's a billionaire. He said the government should give every person when they're born $2000 and it's put into an index fund and can't be touched until 65 and then the government could do away with Social security.

So I put that into a calculator at 10% and you would have 1,294,931 at age 65. Or $5395/month for 20 years if you don't count continued interest after 65.

At 12% it gives you $4,695,713. Which is $19,565/month

Just think how much that would save the government. One time payment of 2K versus 20 years of 2K a month.

You're compounding that monthly, which is bumping those figures up quite a bit compared to compounding annually.

I also don't think you're considering inflation. Just 2% inflation on a gross return of 10% brings the pot down to $297,560 after 65 years.

It's still not a bad idea though.