Money Investing megathread extravaganza - Page 355

**DaFace** · 06:35 PM

A place to talk about investing stuff.

Jenson71 · 06-10-2020, 09:48 PM

I’ve got plenty more completely worthless posts if ever needed.

While I’m here, how we feel about John Deere?

**Buehler445** · 06-10-2020, 09:49 PM

Quote:

Originally Posted by petegz28

I'd like to see some of you big talkers quit ****ing around and start trading futures. That's where the big dicks swing.

I’m not one of the big talkers but I have several thousand dollars in the futures markets.

Mines a different animal, but i still have quite a bit in.

**Buehler445** · 06-10-2020, 09:51 PM

Quote:

Originally Posted by Jenson71

I’ve got plenty more completely worthless posts if ever needed.

While I’m here, how we feel about John Deere?

What are you wanting to know?

**petegz28** · 06-10-2020, 09:57 PM

Quote:

Originally Posted by Buehler445

I’m not one of the big talkers but I have several thousand dollars in the futures markets.

Mines a different animal, but i still have quite a bit in.

Then you know that trading stocks and trading futures are a completely different game. It's like minor league and major league. Save maybe the FOREX markets which every Tom, Dick and Harry has a youtube video on how to get rich trading FOREX except none of them are rich.

The most successful Traders I have read about are one of three types:

Bank rolled out the ass to trade stocks

Trade Options

Trade Futures

Since most people don't have the bank to trade stocks the savy individual traders seem to trend towards options an futures.

Jenson71 · 06-10-2020, 09:58 PM

Quote:

Originally Posted by Buehler445

What are you wanting to know?

If I wanted to put 20% of my entire IRA (retirement in 30+ years) into one stock in the hopes that over 5-10years it will outperform the market, is DE a good investment for that purpose?

**petegz28** · 06-10-2020, 09:59 PM

Quote:

Originally Posted by Jenson71

If I wanted to put 20% of my entire IRA (retirement in 30+ years) into one stock in the hopes that over 5-10years it will outperform the market, is DE a good investment for that purpose?

I don't know a thing about Deere but the answer is a complete and utter "**** NO!"

WTF would you put 20% of your IRA into one ****ing stock? That's just plain ****ing idiotic no matter which stock it is!

Jenson71 · 06-10-2020, 10:00 PM

Quote:

Originally Posted by petegz28

I don't know a thing about Deere but the answer is a complete and utter "**** NO!"

WTF would you put 20% of your IRA into one ****ing stock? That's just plain ****ing idiotic no matter which stock it is!

10%?

**petegz28** · 06-10-2020, 10:02 PM

Quote:

Originally Posted by Jenson71

10%?

I wouldn't put more than 2% of your portfolio into any single stock. Not with your IRA. If you are talking about speculation $'s then that's different but your retirement $'s no. Absolutely not. Nothing more than 2%.

Jenson71 · 06-10-2020, 10:07 PM

Quote:

Originally Posted by petegz28

I wouldn't put more than 2% of your portfolio into any single stock. Not with your IRA. If you are talking about speculation $'s then that's different but your retirement $'s no. Absolutely not. Nothing more than 2%.

Alright. Just asking for a friend. I’m personally planning on dying before retirement so i just speculate entirely with my IRA. I call it tax free gambling.

**Rain Man** · 06-10-2020, 10:15 PM

Quote:

Originally Posted by Jenson71

Alright. Just asking for a friend. I’m personally planning on dying before retirement so i just speculate entirely with my IRA. I call it tax free gambling.

When doing retirement planning, people often don't consider the huge advantages of dying young.

scho63 · 06-11-2020, 01:45 AM

I own 180 put options at $33.50 strike on TWTR that expire Friday. I paid $9 a contract plus commissions. If today turns out to be as bad as the futures look right now, I may have hit a nice score.

**Buehler445** · 06-11-2020, 05:55 AM

Quote:

Originally Posted by Jenson71

If I wanted to put 20% of my entire IRA (retirement in 30+ years) into one stock in the hopes that over 5-10years it will outperform the market, is DE a good investment for that purpose?

You’re younger than me so there is no way to tell in that timeframe. Too much shit can change.

In the short/intermediate term probably not. Ag-everything right now is ass. I can’t imagine forestry is better. Commercial/Home turf doesn’t move enough dollars to move the needle.

I’d pick them over Agco or CNH, but expecting them to outperform the market is a big ask in their environment.

scho63 · 06-11-2020, 06:29 AM

Hog Farmer got out of pigs and pork too soon. The Chinese are buying every piece of swine they can find at ridiculous prices. Profits at all time high for hog farmers.

He coulda been a contender. LOL

neech · 06-11-2020, 06:52 AM

Quote:

Originally Posted by Jenson71

Alright. Just asking for a friend. I’m personally planning on dying before retirement so i just speculate entirely with my IRA. I call it tax free gambling.

I see you have a positive outlook on life.

**lewdog** · 06-11-2020, 07:12 AM

Big day coming!

Hope you guys timed it perfect and sold yesterday.

Some nice lessons in trying to time the market are being presented.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $86899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,542

06-10-2020, 09:48 PM	#5311
Jenson71 fides quaerens intellectum Join Date: Oct 2003 Location: United States Casino cash: $8330900	I’ve got plenty more completely worthless posts if ever needed. While I’m here, how we feel about John Deere?
Posts: 15,986	1 0

06-11-2020, 01:45 AM	#5321
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $831110	I own 180 put options at $33.50 strike on TWTR that expire Friday. I paid $9 a contract plus commissions. If today turns out to be as bad as the futures look right now, I may have hit a nice score. __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,846

06-11-2020, 06:29 AM	#5323
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $831110	Hog Farmer got out of pigs and pork too soon. The Chinese are buying every piece of swine they can find at ridiculous prices. Profits at all time high for hog farmers. He coulda been a contender. LOL __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,846

06-11-2020, 07:12 AM	#5325
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-8100	Big day coming! Hope you guys timed it perfect and sold yesterday. Some nice lessons in trying to time the market are being presented.
Posts: 46,146