Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[lewdog]

Originally Posted by Buehler445

Mother of God. That's a giant ass gap. That's a huge mother****er.

I'd move your stop down. It's going to fill that.

If it fills my stops that’s fine. Moving it down could only create a larger loss for me as I’m not about to assume I know where this is going. I’m fine risking 1.3% on a loss for a possible rebound.

Stop at 3306 FYI. Slightly below intraday low.

[Buehler445]

Originally Posted by lewdog

If it fills my stops that’s fine. Moving it down could only create a larger loss for me as I’m not about to assume I know where this is going. I’m fine risking 1.3% on a loss for a possible rebound.

Stop at 3306 FYI. Slightly below intraday low.

Fair enough.

I'd just pull that specific trade out of your system and put it in a more intermediate term play just on the idea that it will fill the gap and be willing to hold it until it does. Definitely have a stop a buck below the top of the gap to get out.

That's a different technical chart than your system normally works with me thinks.

But I understand if you're hesitant to do it. That's how shit goes sideways for traders. I'm suggesting you put it in a different system, that's all.

[neech]

Originally Posted by BigBeauford

Last day of rent moratorium. Wonder how much mass evictions will affect the market.

Why would it effect the market.

[BigBeauford]

Originally Posted by neech

Why would it effect the market.

Let me introduce you to my friend Maslow.

[neech]

Maslow should understand that there are people who want to remain bottom feeders.

[Hog's Gone Fishin]

Originally Posted by Hog's Gone Fishin

What about (NSAV)

Currently trading at .05

Anybody have any thoughts on this one?

NSAV ANNOUNCES IT'S ON SCHEDULE FOR AUGUST 9, 2021 LAUNCH OF CRYPTOCURRENCY EXCHANGE
9:20 AM ET 7/26/21 | GlobeNewswire
Related Quotes


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Symbol Last % Chg
NSAV
0.05 0.00%
Real time quote.


NSAV ANNOUNCES IT'S ON SCHEDULE FOR AUGUST 9, 2021 LAUNCH OF CRYPTOCURRENCY EXCHANGE

NSAV DIRECTOR AND BITMART EXCHANGE MANAGING PARTNER, MR. YUEN WONG, TO PROVIDE VIDEO UPDATE TO SHAREHOLDERS NEXT WEEK

London, England, July 26, 2021 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company is on target for the August 9, 2021 launch of its wholly-owned Cryptocurrency Exchange. Mr. Yuen Wong, NSAV Director and Managing Partner of leading Cryptocurrency Exchange, Bitmart https://www.bitmart.com , will give a video address to shareholders next week, updating the status of the exchange, which will carry the NSAV brand name. The launch will officially mark the Company's entrance into the $2 trillion global cryptocurrency market and make NSAV only the second U.S. publicly traded company to own a Cryptocurrency Exchange, following the Coinbase https://www.coinbase.com/ IPO in April, which valued Coinbase at over $85 billion.

I never got any feed back from you knuckle draggers so I bought 10,000 shares and am up nearly 100%.

[eDave]

[KChiefs1]

Originally Posted by Hog's Gone Fishin

I never got any feed back from you knuckle draggers so I bought 10,000 shares and am up nearly 100%.

[Buehler445]

Originally Posted by Hog's Gone Fishin

I never got any feed back from you knuckle draggers so I bought 10,000 shares and am up nearly 100%.

Excellent work. GTFO a before it falls out of bed.

At least sell half so you’re gambling with profits.

[Hog's Gone Fishin]

Originally Posted by Buehler445

Excellent work. GTFO a before it falls out of bed.

At least sell half so you’re gambling with profits.

Meh, its chump change . I'm hanging in there for $10. It's got plenty of catalysts.

[Bill Brasky]

Is this thread only for stocks? I just learned I’m getting ridiculous commission this year and the wife and I are looking at real estate. I’m thinking a 2 bed 1.75 bath condo and classifying it as a second home.

[DaFace]

Originally Posted by Bill Brasky

Is this thread only for stocks? I just learned I’m getting ridiculous commission this year and the wife and I are looking at real estate. I’m thinking a 2 bed 1.75 bath condo and classifying it as a second home.

I don't think there's any formal boundaries on the thread. Similar to you, my wife and I are toying with the idea of buying a cabin in the woods. We could technically afford it, but there wouldn't be a ton of wiggle room (beyond our normal savings, investments, and other spending), so I'm guessing we'll end up holding off for now. That said, we're still just in our late 30s, so hopefully we can save a little more to do it in the near-ish future.

I do find it challenging to figure out how to view it in terms of an "investment." On the one hand, most of my net worth today can be attributed to appreciation on my house, but on the other, it's impossible to know how things will shift in the future. In addition, there are a ton of other costs to consider (taxes, utilities, HOA fees, etc.) that are a pretty significant drag on the amount you can expect to make off of it.

In short, I have no answers, but if you come up with any brilliant ways of thinking about it, let me know.

[scho63]

Originally Posted by DaFace

That said, we're still just in our late 30s.

Always thought you were late 40s early 50s. Not sure why.

[Bill Brasky]

Originally Posted by DaFace

I don't think there's any formal boundaries on the thread. Similar to you, my wife and I are toying with the idea of buying a cabin in the woods. We could technically afford it, but there wouldn't be a ton of wiggle room (beyond our normal savings, investments, and other spending), so I'm guessing we'll end up holding off for now. That said, we're still just in our late 30s, so hopefully we can save a little more to do it in the near-ish future.

I do find it challenging to figure out how to view it in terms of an "investment." On the one hand, most of my net worth today can be attributed to appreciation on my house, but on the other, it's impossible to know how things will shift in the future. In addition, there are a ton of other costs to consider (taxes, utilities, HOA fees, etc.) that are a pretty significant drag on the amount you can expect to make off of it.

In short, I have no answers, but if you come up with any brilliant ways of thinking about it, let me know.

We’ve been looking on Redfin but the HOA dues on a condo are insane. They can be upwards of $500/ month on top of the mortgage. We’re looking in Seattle, so the competition is fierce. I love the cabin in the woods idea. We toyed with getting a vacation style property but the appreciation just isn’t the same.

We’re in the same position where our net worth is all in our house but it’s appreciating at 40% yoy. It’s the best investment around.

[lewdog]

Originally Posted by DaFace

I don't think there's any formal boundaries on the thread. Similar to you, my wife and I are toying with the idea of buying a cabin in the woods. We could technically afford it, but there wouldn't be a ton of wiggle room (beyond our normal savings, investments, and other spending), so I'm guessing we'll end up holding off for now. That said, we're still just in our late 30s, so hopefully we can save a little more to do it in the near-ish future.

I do find it challenging to figure out how to view it in terms of an "investment." On the one hand, most of my net worth today can be attributed to appreciation on my house, but on the other, it's impossible to know how things will shift in the future. In addition, there are a ton of other costs to consider (taxes, utilities, HOA fees, etc.) that are a pretty significant drag on the amount you can expect to make off of it.

In short, I have no answers, but if you come up with any brilliant ways of thinking about it, let me know.

I guessed late 40's on you too.

But you're very smart and knowledgeable. Nothing is off boundaries in this thread if it involves money.