|
02-25-2020, 09:22 PM | #3496 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1171110
|
My Apple CALL options are rotting on the coronavirus tree
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,239
|
02-25-2020, 09:28 PM | #3497 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $331900
|
|
Posts: 46,091
|
02-25-2020, 09:35 PM | #3498 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $714734
|
|
Posts: 57,743
|
02-25-2020, 09:49 PM | #3499 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1656869
|
Quote:
But if you've got a few hundred bucks laying around there are worse outlets for your money that don't provide for nearly the same upside a well timed & placed call option contract. It's just not very likely without sizing up inordinately to capitalize on a small spike in the underlying or being super duper right about a how big or how close a spike will be.
__________________
Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
|
Posts: 44,005
|
02-25-2020, 09:52 PM | #3500 |
Mahomes or GTFO
Join Date: Feb 2012
Location: KC
Casino cash: $4924282
|
Just getting dragged out here the past few days. The money I have in the market is disposable, so I’m not sick if I drop too much. Actually even bought a few aggressive dips today. I know that if I hold these discounts I’ll eventually see returns, but this thing just keeps looking more and more grim as we go here. Those returns may take a while. That’s assuming I don’t become a 70 year old chain smoker and die from the “slightly more inconvenient common cold” that is the coronavirus.
__________________
|
Posts: 13,231
|
02-26-2020, 09:26 AM | #3501 |
Starter
Join Date: Dec 2014
Casino cash: $8092356
|
401k dumb question of the day. I'm 34 and have my 401k 100% into a target date fund. Should I transfer this into large cap since I'm young and have time to ride it out?
|
Posts: 272
|
02-26-2020, 09:31 AM | #3502 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $426899
|
The whole idea of target date funds is that you don't have to touch them. You can consider making moves to have more control if you want, but I wouldn't do it in reaction to a short term downturn.
|
Posts: 52,370
|
2 0 |
02-26-2020, 09:43 AM | #3503 |
Starter
Join Date: Dec 2014
Casino cash: $8092356
|
I'm not really reacting to the downturn, just thinking more long term. It seems that i'd stand to gain more in large cap over the years compared to target date. However now that I'm reading more, target dates are a bit more steady in big downturns.
|
Posts: 272
|
02-26-2020, 10:14 AM | #3504 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $426899
|
Target date funds are diversified for you, so they'll naturally be more stable than going fully into stocks. That said, they can also be more conservative than some people need, so there are reasons not to use them. It's probably worth digging into the allocation of yours and comparing that to how aggressive you want to be.
|
Posts: 52,370
|
02-26-2020, 10:33 AM | #3505 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1718491
VARSITY
|
Quote:
My personal opinion is that target date funds will get too conservative as you get older (age 55+), but that's really a factor of the amount you have saved. If you think you're not able to weather a downturn, then stay in the target date fund. But I think something that gets overlooked is that a person who is 60 still has 25 years of investing ahead of him. If you go too conservative at age 60, then it'll hurt you when you're in your 80s.
__________________
Active fan of the greatest team in NFL history. |
|
Posts: 142,751
|
02-26-2020, 10:35 AM | #3506 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1718491
VARSITY
|
Quote:
See this post? This post right here? I put $5,000 in this company yesterday just because of this post, and I'm up $1,031.15 right now. I owe Hog's Gone Fishing a beer if it stays up like that.
__________________
Active fan of the greatest team in NFL history. |
|
Posts: 142,751
|
7 0 |
02-26-2020, 02:03 PM | #3507 |
Buddy Christ is a Chiefs fan
Join Date: Nov 2008
Casino cash: $369546
|
Has 3M been mentioned in here? Seems like maybe it is ready for a rebound possibly?
__________________
"You know, they lay down with their ugly wives in front of their ugly children and just look at their loser lives and then they look at me and say, "I CAN'T PROCESS IT!" Well, no, and you never will. Stop trying. Just sit back and enjoy the show .... You know?" Carlos Irwin Estevez |
Posts: 10,832
|
02-26-2020, 08:34 PM | #3508 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $331900
|
I check my credit history and credit score once a year.
Ringing in at 805. First time cracking 800 on my credit score. |
Posts: 46,091
|
02-26-2020, 09:23 PM | #3509 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $130477
|
Awesome! I'm on a beer break though. We can go fishin on your new boat soon????
|
Posts: 40,808
|
02-26-2020, 09:28 PM | #3510 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1718491
VARSITY
|
Perfect. And now that lewdog's credit score is above 800 he's eligible to go fishing with us, too.
__________________
Active fan of the greatest team in NFL history. |
Posts: 142,751
|
|
|