Money Investing megathread extravaganza - Page 440

**DaFace** · 06:35 PM

A place to talk about investing stuff.

wheeler08 · 01-09-2021, 07:13 AM

How long are we on NIO? Is this something we think is worth holding for years? I have $2500 in it, should I sell off some blue chip and add more?

Hog's Gone Fishin · 01-09-2021, 09:43 AM

Quote:

Originally Posted by wheeler08

How long are we on NIO? Is this something we think is worth holding for years? I have $2500 in it, should I sell off some blue chip and add more?

Ask "Stock Moe"

Edit: Was just thinking "NIO Day" is coming up , I Think Monday. Lots of people are saying it will pop. But when Tesla had its "Battery Day" there was a big sell off and a dip (when everybody said it would pop). I'd look for that Nio dip if I was going to add. JMO

Edit again: I'm a little confused. It looks like NIO released their new info this morning. Looks good. May get the pop Monday. Or Not.

Stock Moe

chiefnchopper · 01-09-2021, 07:42 PM

10K to be forgiven for those who took out students loans they haven't paid back.

**Buehler445** · 01-09-2021, 07:54 PM

What?

Hammock Parties · 01-09-2021, 07:58 PM

Quote:

Originally Posted by wheeler08

How long are we on NIO? Is this something we think is worth holding for years? I have $2500 in it, should I sell off some blue chip and add more?

I'm very close to cutting my losses on NAK and GNUS, taking that money and just riding NIO for a long time.

**Munson** · 01-09-2021, 08:21 PM

Tesla has been on fire lately.

Three weeks ago, it was around $620.

Now it's at $880.

Hog's Gone Fishin · 01-10-2021, 10:13 AM

This guy may have found a gem. (IFNNY)

You can skip to around 3:00 to miss some of the intro crap

neech · 01-10-2021, 11:11 AM

Quote:

Originally Posted by chiefnchopper

10K to be forgiven for those who took out students loans they haven't paid back.

Looks like he was banned, I didn't think it was a political statement.

Hog's Gone Fishin · 01-10-2021, 03:32 PM

Lots of hype on penny stock (ZOM) .49

Could be a quick play but I think it runs up huge in Premarket though.

up 85% right now. I guess Robinhood allows you to start premarket trading earlier than etrade because it had already run up 50% by the time I could have bought in.

**MahiMike** · 01-10-2021, 10:17 PM

Quote:

Originally Posted by KCUnited

Can someone explain, in an average CPer level lingo, year end tax strategy on investments?

I keep reading about markets being down at year end due to profit taking or other strategic sell offs and would like to better understand.

Get a self directed ira and do your trading there. I can't believe people don't do this.

**Buehler445** · 01-10-2021, 10:19 PM

Quote:

Originally Posted by MahiMike

Get a self directed ira and do your trading there. I can't believe people don't do this.

I only do mutual funds/Index funds in IRAs. But I'm a pussy.

SupDock · 01-10-2021, 10:29 PM

Quote:

Originally Posted by Buehler445

I only do mutual funds/Index funds in IRAs. But I'm a pussy.

Me too man. I keep thinking about taking a few thousand to try individual stocks with, but haven't yet

**Rain Man** · 01-10-2021, 10:31 PM

Quote:

Originally Posted by KCUnited

Can someone explain, in an average CPer level lingo, year end tax strategy on investments?

I keep reading about markets being down at year end due to profit taking or other strategic sell offs and would like to better understand.

I hear stuff about seasonal patterns, but they never seem to match reality. This link shows average returns by month, and December is actually the best month: https://www.investopedia.com/day-tra...-trade-stocks/

I find this a little confusing because I always hear that people sell some losses in December to get the tax writeoff. So maybe the difference is that people just move money from one stock to another so it makes no difference in the overall market.

As for me, I'll ponder selling some losers toward the end of the year, but I'm usually doing that over the course of the year anyway so it's not a different pattern for me than normal.

**lewdog** · 01-11-2021, 07:34 AM

NIO off and running. Personally my strategy is as follows.

I am swing trading stocks, holding a few days to a few months depending on how they move. My goal in this extended market is to find stocks on breakout and get 10-20% gains and limit losses to 5-10%. This allows me to only have to be only right 50% of the time and still make profit and grow my account size.

NIO is up 20% for me in a few weeks. I will sell 50% of my position this morning and put the rest of the shares with a stop market loss at Friday's high of $59. This will guarantee me a nice profit and avoid downside risk and capital loss, which I need to make more trades on stocks breaking out.

This book has revamped my thinking on individual stock investing. I recommend it highly.

https://www.amazon.com/Think-Trade-L...s%2C221&sr=8-5

Long term investing in my 401k and IRAs is a much different story. I simply rebalance 1-2x per year and don't do any of this.

Hammock Parties · 01-11-2021, 07:36 AM

****. Knew I should have bought last week.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-1633101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 53,117

01-09-2021, 07:13 AM	#6586
wheeler08 Veteran Join Date: Aug 2004 Location: Indiana Casino cash: $4151183	How long are we on NIO? Is this something we think is worth holding for years? I have $2500 in it, should I sell off some blue chip and add more?
Posts: 1,810

01-09-2021, 07:42 PM	#6588
chiefnchopper Banned Join Date: Jan 2021 Casino cash: $10000400	10K to be forgiven for those who took out students loans they haven't paid back.
Posts: 9

01-09-2021, 07:54 PM	#6589
Buehler445 Supporter Join Date: Apr 2007 Location: Scott City KS Casino cash: $-1345266	What?
Posts: 59,928

01-09-2021, 08:21 PM	#6591
Munson Roy E. Join Date: Sep 2005 Location: Olathe, KS Casino cash: $8419646	Tesla has been on fire lately. Three weeks ago, it was around $620. Now it's at $880.
Posts: 23,384

01-10-2021, 10:13 AM	#6592
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $-1419523	This guy may have found a gem. (IFNNY) You can skip to around 3:00 to miss some of the intro crap
Posts: 40,645

01-10-2021, 03:32 PM	#6594
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $-1419523	Lots of hype on penny stock (ZOM) .49 Could be a quick play but I think it runs up huge in Premarket though. up 85% right now. I guess Robinhood allows you to start premarket trading earlier than etrade because it had already run up 50% by the time I could have bought in. Last edited by Hog's Gone Fishin; 01-11-2021 at 10:10 AM..
Posts: 40,645

01-11-2021, 07:34 AM	#6599
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1338100	NIO off and running. Personally my strategy is as follows. I am swing trading stocks, holding a few days to a few months depending on how they move. My goal in this extended market is to find stocks on breakout and get 10-20% gains and limit losses to 5-10%. This allows me to only have to be only right 50% of the time and still make profit and grow my account size. NIO is up 20% for me in a few weeks. I will sell 50% of my position this morning and put the rest of the shares with a stop market loss at Friday's high of $59. This will guarantee me a nice profit and avoid downside risk and capital loss, which I need to make more trades on stocks breaking out. This book has revamped my thinking on individual stock investing. I recommend it highly. https://www.amazon.com/Think-Trade-L...s%2C221&sr=8-5 Long term investing in my 401k and IRAs is a much different story. I simply rebalance 1-2x per year and don't do any of this.
Posts: 46,294

01-11-2021, 07:36 AM	#6600
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $1050478	****. Knew I should have bought last week. __________________ Chiefs game films
Posts: 296,673