|
08-18-2016, 01:26 PM | #331 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $1154127
|
Quote:
Note the higher low on the MACD vs. a lower low on the price. That's a strong indicator of a bottom. Along with the the MACD breaking above the 0 line as well. However, if the market stalls here as a whole, you probably are looking at the high of a trading range. On a short term basis AAPL is definitely overbought and hitting some resistance but that is also the behavior of a trend beginning too. I'd say if you break above $112 it will be a good sign of a strong run. Heading into Sept and Oct with an election coming up could stall the entire market though. |
|
Posts: 129,538
|
08-18-2016, 02:34 PM | #332 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4731637
|
|
Posts: 8,290
|
08-18-2016, 02:40 PM | #333 | |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4731637
|
Quote:
Probably about to become a slum lord again soon as I know that's a sustainable return. |
|
Posts: 8,290
|
08-18-2016, 02:46 PM | #334 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
|
Quote:
So is mindlessly investing in very low cost index funds (or ETFs, as you prefer) on a systematic basis. That approach gives you diversification and participation with relatively minimal effort. You're not trying to time the market, and you're not trying to outperform the market in general. Basically, market returns for as little cost as possible. https://www.amazon.com/Random-Walk-D...1553064&sr=1-1
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
|
Posts: 43,125
|
08-18-2016, 04:10 PM | #335 |
In Search of a Life
Join Date: Aug 2001
Location: Fayetteville, AR
Casino cash: $8950204
|
Curious what folks think about Robo-Advisors like Wealthfront?
__________________
In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican. - H. L. Mencken |
Posts: 21,778
|
08-18-2016, 04:20 PM | #336 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $1154127
|
Quote:
|
|
Posts: 129,538
|
08-18-2016, 04:21 PM | #337 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $386899
|
|
Posts: 52,386
|
08-18-2016, 05:15 PM | #338 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $291900
|
Agreed. People see something like a higher return and think it's worthwhile. If the fees you pay for that return make your net gain less than an index, it's simply not worth it. I have found that people have a hard time adjusting for fee cost into their return. A small re-occurring fee may not seem like a lot, but 1-2% on a total investment, really IS a lot.
__________________
2024 Royals game thread record 3-0 |
Posts: 46,097
|
08-18-2016, 06:51 PM | #339 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $168468
|
Logged back in here for the first time in a while, that said I love this thread.
I use wealthfront for some taxable; i think it's a reasonable deal for what's provided if you're comfortable with how aggressive they are (including Betterment, etc.). |
Posts: 6,348
|
08-18-2016, 07:20 PM | #340 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $1154127
|
Quote:
Fund Managers spend their entire career trying to beat the SP500.... Most cannot do it consistently... So an SP500 fund should be the core of any portfolio.... |
|
Posts: 129,538
|
08-19-2016, 06:53 AM | #341 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
|
Quote:
First thing you've ever said about investing that made any damn sense.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington Last edited by Amnorix; 08-19-2016 at 06:59 AM.. |
|
Posts: 43,125
|
08-19-2016, 07:32 AM | #342 |
Stroking to the SB Champs!
Join Date: Aug 2000
Location: Flatlands of Kansas
Casino cash: $1628962
|
__________________
|
Posts: 39,954
|
08-19-2016, 08:11 AM | #343 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4731637
|
|
Posts: 8,290
|
08-19-2016, 08:26 AM | #344 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $1154127
|
Well quit buying stocks based on solely analyst ratings. They are nice as a confirmation indicator but I would never buy or sell anything because some nut with a calculator says too. They don't know how to run AAPL. They most likely are working for a firm or have contacts with firms that are looking to dump AAPL so they put a "Buy" rating on it so the poor schleps will fork over their money to the bog boys as the big boys sell.
If you're going to trade or even invest in individual stocks you are going to have to either learn fundamental-based investing or technical-based (chart reading) investing and I would encourage you to do both. Otherwise you are just going with a gut feeling or otherwise a "hot tip". You don't have to have an MBA to trade based on fundamentals and you don't have to spend hours upon hours pouring over charts to trade based on technicals. What you do need to do is have a plan and some criteria and rules. Understand the more savvy side of things. Perhaps you should have bought a Put when you bought your AAPL as a hedge? Or perhaps you should have sold a long time ago using a Stop-Loss rule of 10% and took your lumps and walked away? These are the things I am talking about. If you're going to do it, then do it and do it right. Otherwise just $-cost average into mutual funds and call it a day. There is nothing wrong with doing that at all, it's just boring but often works out much better in the long run. |
Posts: 129,538
|
08-19-2016, 09:16 AM | #345 | |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4731637
|
Quote:
|
|
Posts: 8,290
|
|
|