Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[scho63]

Originally Posted by MTG#10

Thinking about buying puts on AMC. It will be back to low 9's or high 8's before too long, then it will go back up to the 13's again...rinse and repeat.

If you still own the stock, write covered calls

[Hog's Gone Fishin]

Just buy more and HODL. Don't screw with the program.

[Rain Man]

Originally Posted by Hog's Gone Fishin

AMC only 99,987 more to 100K

A journey of a thousand miles begins with a single step.

[ghak99]

Arranging date #2 with a Dr. from a very wealthy family.

[neech]

I had a sell order on half my my AMC but missed it by 10 cents.

This is a GME wannabe stock.

[Peter Gibbons]

Originally Posted by Peter Gibbons

I have a boat anchor of a bank stock (FITB) that I’ve been carrying around for way too long with the misplaced hope it would finally get back to a level where I could break even. Over the past couple of weeks it’s made a nice run and I can now walk away not only whole but up $44k. I am glad to be free of it. The good/bad is that the payment will be via check and take a week or so to get to me. I think I am going to sit on the cash and wait for a good correction before buying something else.

Just a few months after dumping this stock that was sideways for about a decade for me, it has shot up by 30 some percent costing me tens of thousands in unrealized gains due to my early exit. I hate to second guess myself with 20/20
hindsight, but this one really hurts. I sold at $31.50. It’s been as high as $43 in the past couple of weeks. I feel admitting this loss publicly is part of my penance for the stupid way I handled this investment for over a decade. I am considering sewing a scarlet 5/3 onto my shirt. The shame. The shame. The shame.

[Buehler445]

That sucks man.

Whenever I sell the last of my grain I don’t even look at a market quote for a month. It’s a mental health thing.

[Perineum Ripper]

Originally Posted by lewdog

Well she has an IRA and ROTH from when she worked. I’m just wondering since now she isn’t, if I can put money in those accounts for her this year.

Don’t know if you ever found out anymore about this, but I crossed this on Charles Schwab




Yes, you can contribute to an IRA for unemployed non-working spouse that you file jointly with, but your total combined contribution can't exceed either your joint taxable income or double the annual IRA limit, whichever is less

[lewdog]

Originally Posted by Peter Gibbons

Just a few months after dumping this stock that was sideways for about a decade for me, it has shot up by 30 some percent costing me tens of thousands in unrealized gains due to my early exit. I hate to second guess myself with 20/20
hindsight, but this one really hurts. I sold at $31.50. It’s been as high as $43 in the past couple of weeks. I feel admitting this loss publicly is part of my penance for the stupid way I handled this investment for over a decade. I am considering sewing a scarlet 5/3 onto my shirt. The shame. The shame. The shame.

Things like that happen to everyone. Can't look back and hopefully wherever you moved the money gets you some gains.

Don't look back, there's always more stocks in the sea.

Originally Posted by mac459

Don’t know if you ever found out anymore about this, but I crossed this on Charles Schwab




Yes, you can contribute to an IRA for unemployed non-working spouse that you file jointly with, but your total combined contribution can't exceed either your joint taxable income or double the annual IRA limit, whichever is less

Thanks man! Appreciate knowing that.

[Hog's Gone Fishin]

Originally Posted by Peter Gibbons

Just a few months after dumping this stock that was sideways for about a decade for me, it has shot up by 30 some percent costing me tens of thousands in unrealized gains due to my early exit. I hate to second guess myself with 20/20
hindsight, but this one really hurts. I sold at $31.50. It’s been as high as $43 in the past couple of weeks. I feel admitting this loss publicly is part of my penance for the stupid way I handled this investment for over a decade. I am considering sewing a scarlet 5/3 onto my shirt. The shame. The shame. The shame.

Same here. Had a penny stock at .02 for years . Sold it. THE VERY NEXT ****ING DAY .16

[neech]

Interesting that the semiconductor sector stocks AVGO, TSM MU, QCOM, INTC and AMD are all down, perhaps a time to get into one of these stocks now?

[Halfcan]

Originally Posted by neech

Interesting that the semiconductor sector stocks AVGO, TSM MU, QCOM, INTC and AMD are all down, perhaps a time to get into one of these stocks now?

Yep, I have been following them and most were at All-time highs or close to it.

[philfree]

Originally Posted by neech

Interesting that the semiconductor sector stocks AVGO, TSM MU, QCOM, INTC and AMD are all down, perhaps a time to get into one of these stocks now?

I own some of those and they were way up but of course they have now taken a hit. They're still up pretty good and I'm just going to hang on and wait for the rebound.

[Peter Gibbons]

[QUOTE=Hog's Gone Fishin;15674875]Same here. Had a penny stock at .02 for years . Sold it. THE VERY NEXT ****ING DAY .16 [/

That is a bad beat for sure. Good to hear I am not alone. Between your story and Lew’s commiseration I do feel a bit better about it. Thanks!

[lewdog]

I am drinking but not screening for stocks this weekend. I am invested as much as I want to be. Tough trading environment with this whipsaw action and the truth is........

"The market doesn't beat traders. Traders beat themselves by failing to sit on their hands when market conditions are unfavorable." -Lewdog of CP.