Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Hammock Parties]

Originally Posted by petegz28

Yeah, you go "double your money" in those plays. It might help offset the net losses you end up taking thinking you are smarter than the market.

The only real loss I've taken was that IQIYI bullshit some idiot here told me to play. I am absolutely killing it on pandemic stocks.

And you're an idiot if you think 15% is what someone would make. Since you are buying options you could easily walk away with a 200% to 500% return. But I wouldn't expect you to understand these complexities.

Please, do tell us how your election night tomfoolery goes. I eagerly await your gainz.

[Hog's Gone Fishin]

[petegz28]

Originally Posted by Hammock Parties

The only real loss I've taken was that IQIYI bullshit some idiot here told me to play. I am absolutely killing it on pandemic stocks.



Please, do tell us how your election night tomfoolery goes. I eagerly await your gainz.

The volatility tied to this election will be one for the record books. You saw how the overnights went when Trump won. Now if Trump wins you can expect at good 10% rally in a matter of days as a sign of relief and a continuation of business friendly policies.

If Biden wins you can expect at least 10% sell off in the blink of an eye on the expectation he is going to raise corporate tax cuts and roll back any regulation changes Trump made.

But that would take a sense of understanding the market. You seem to like playing these "get rich quick" stocks which means you have no ****ing idea of wwhat you are doing.

[petegz28]

Anyone who says "they are killing it" when the market just made a great run is like a DB talking shit after his QB and offense won a game 45-43.

[lewdog]

Originally Posted by petegz28

Anyone who says "they are killing it" when the market just made a great run is like a DB talking shit after his QB and offense won a game 45-43.

"Everyone's a savvy investor when the market is bullish."

I learned this from a few mistakes.

[petegz28]

Originally Posted by lewdog

"Everyone's a savvy investor when the market is bullish."

I learned this from a few mistakes.

Exactly. And unless you do some serious ****ing homework you are pretty much subjected to the Random Walk Theory. Or "a rising tide lifts all boats" if you will. I mean if it were so easy to pick out the next Apple or Netflix or Roku everyone would be ****ing rich as hell.

[Abba-Dabba]

NAIL over 31. Still riding it.

[petegz28]

I'll tell you now, if you think you are going to "get rich quick" picking stocks or even worse, penny stocks then you might as well go to the casino and play craps. You literally will have better odds.

[jdubya]

I do remember years ago reading "Beating the Street" by Peter Lynch and if memory serves, he showed a group of 10 year olds picking stocks that beat the "Street" lol.....

I`m not mocking anyone but that part of his book resonated with me.

[petegz28]

Originally Posted by RubberSponge

NAIL over 31. Still riding it.

Good chart pattern and home builders are getting a bid right now because sellers dropped out of the market so people are turning to new homes.

I would expect a run up to $45ish if things stay as they are.

[petegz28]

Originally Posted by jdubya

I do remember years ago reading "Beating the Street" by Peter Lynch and if memory serves, he showed a group of 10 year olds picking stocks that beat the "Street" lol.....

I`m not mocking anyone but that part of his book resonated with me.

Peter Lynch had a very simple yet very confusing (for some) approach. "Invest in what you know". Pier 1 Imports was an example he loved to use. You go to Pier 1 and you see it's packed. "Hmmm, perhaps I should buy this stock. They seem to be doing a lot of business".

[lewdog]

Originally Posted by RubberSponge

NAIL over 31. Still riding it.

I would never recommend holding a 3x leveraged fund very long but that chart has been super bullish.

[petegz28]

Originally Posted by lewdog

I would never recommend holding a 3x leveraged fund very long but that chart has been super bullish.

Agreed. Leveraged funds can kill you quick. Although I think there is room to own a leveraged SP500 fund.

[Hammock Parties]

Originally Posted by petegz28

But that would take a sense of understanding the market. You seem to like playing these "get rich quick" stocks which means you have no ****ing idea of wwhat you are doing.

Wrong as usual, Pete. I'm the Alex Smith of stocks. Only invested long term safe plays my whole life.

But because of PISS POOR CHIEFSPLANET ADVICE I'm now playing the pandemic to regain my losses. And nearly there.

Hell, I should have been a lot less conservative, I would have made all my money back on MARK and VTIQ already, instead of just half. Got out too early.

No matter. I'll make it back, and a far higher percentage than you will election night.

PROVE IT, CHUMP.

[petegz28]

Originally Posted by Hammock Parties

Wrong as usual, Pete. I'm the Alex Smith of stocks. Only invested long term safe plays my whole life.

But because of PISS POOR CHIEFSPLANET ADVICE I'm now playing the pandemic to regain my losses. And nearly there.

Hell, I should have been a lot less conservative, I would have made all my money back on MARK and VTIQ already, instead of just half. Got out too early.

No matter. I'll make it back, and a far higher percentage than you will election night.

PROVE IT, CHUMP.

Not from what I have seen. You can name call all you want but from what I have seen you post on here you seem to get your ass kicked a lot. If you're taking your advice from this message boar or using some excuse of "if I would have just bought more of this or that.." then you are just proving my point.