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06-04-2021, 08:15 PM | #9901 | |||
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Quote:
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Posts: 53,803
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06-04-2021, 08:23 PM | #9902 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7264386
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What was your average price on GME?
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Posts: 11,434
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06-04-2021, 08:23 PM | #9903 |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $748196
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Lots of ****ery to be had still. I say the best chance it has for another big jump is June 18th. I'm not holding my breath, but if nothing by then I'm selling everything I've got left, which isn't a lot.
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Posts: 1,317
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06-04-2021, 08:25 PM | #9904 |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Why don't you start doing an in-depth financial analysis of the companies you are thinking about investing in?
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Posts: 43,200
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06-04-2021, 08:33 PM | #9905 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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06-04-2021, 08:49 PM | #9906 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $331900
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Quote:
I don’t think many new investors look at fundamentals or technicals though. |
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Posts: 46,091
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06-04-2021, 09:23 PM | #9907 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
It seems Dave and others are just trusting their money to a random post on social media. Scary. |
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Posts: 43,200
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06-04-2021, 09:29 PM | #9908 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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That's exactly what I did. And will not be doing again.
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Posts: 53,803
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1 0 |
06-04-2021, 09:36 PM | #9909 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $331900
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Quote:
I prefer funds/indexes for most of my long term investing. Again, much less risky than owning individual stocks long term. |
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Posts: 46,091
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06-04-2021, 09:41 PM | #9910 |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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If you don't want to analyze companies, then use your own instincts and observations. You would be better off than trusting internet scammers and trolls.
Example: Every day I see trucks for Iron Mountain. So I looked them up and found out they are into secure document disposal, file storage, etc. Very solid, so I invested in them. I am up 28% with a dividend that was reinvested this year so far. https://www.ironmountain.com/ Investors. https://investors.ironmountain.com/o...w/default.aspx https://finance.yahoo.com/quote/IRM?....tsrc=fin-srch Last edited by Halfcan; 06-04-2021 at 09:47 PM.. |
Posts: 43,200
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06-04-2021, 09:47 PM | #9911 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7264386
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A lot of people would argue (some very compelling) that technical analysis is pure bullshit.
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Posts: 11,434
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06-04-2021, 09:55 PM | #9912 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
I just started 10 ETF's and 5 Mutual funds in my Fidelity account where I have my Roth. My stock portfolio is modest compared to all the CP millionaires on here-lol It is basically a mutual fund I have built for myself. |
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Posts: 43,200
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06-04-2021, 10:05 PM | #9913 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
I spent 4 in college in Finance analyzing companies- which now seems like a obsolete way to invest. I had a string of 40 winners- but then temporarily ****ed myself by "diversifying" my investments into a few companies with great potential but lacking a solid base I look for. I sold a couple of dogs and cut my China stocks that had big gains to cover the losses. I have reinvested that money and have 8 straight in the green again. It is frustrating to set my price buys and then have the stocks take off. I missed a couple of big hitters- Roblox and Data Dog because I tried to save 5% off the front end. Live and learn I guess. |
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Posts: 43,200
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06-04-2021, 10:09 PM | #9914 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $331900
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It’s playing the game of averages and math. That’s it. Learn your boundaries and set risk management strategies. It doesn’t work for most people because they can’t define their own rules.
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Posts: 46,091
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06-05-2021, 01:38 PM | #9915 |
I’m a Mahomo!
Join Date: Aug 2004
Location: Mid-Missouri
Casino cash: $6771021
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Investing megathread extravaganza
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Last edited by KChiefs1; 06-05-2021 at 01:51 PM.. |
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