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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 11-04-2021, 10:33 PM   #11746
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Originally Posted by Hog's Gone Fishin View Post
My brother has a lot of money invested with Edward Jones . He's now 65 so I realize they want it to be conservative but his account has gained 39% over the last 5 years. TOTAL!

Just FYI
Would you believe that my IRA has had more than 39% growth each of the last three years? My account is up nearly 500% since Jan 2019. I'm not some kind of financial genius. I buy and hold. This market is INSANE right now. 8% annual growth seems to me like a missed opportunity.
Last edited by ReynardMuldrake; 11-04-2021 at 10:57 PM.. Reason: math is hard.
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Old 11-05-2021, 04:04 AM   #11747
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Would you believe that my IRA has had more than 39% growth each of the last three years? My account is up nearly 500% since Jan 2019. I'm not some kind of financial genius. I buy and hold. This market is INSANE right now. 8% annual growth seems to me like a missed opportunity.
Absolutely. I called him last night and told him he needed to make a phone call to them and get his money out.
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Old 11-05-2021, 06:57 AM   #11748
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PTON premarket looks brutal.
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Old 11-05-2021, 07:25 AM   #11749
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PTON premarket looks brutal.
Yikes. How bad was that earnings report?
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Old 11-05-2021, 07:28 AM   #11750
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One could buy on the dip, I thought about that on Zillow.
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Old 11-05-2021, 07:31 AM   #11751
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damn, already made back all the money i took out of my roth to help with paying for the house

IRAs rock!
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Old 11-05-2021, 08:25 AM   #11752
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damn, already made back all the money i took out of my roth to help with paying for the house

IRAs rock!
I've got a younger relative who is prudent with his money, but he's keeping his savings in a savings account at 0.1 percent interest. I'm trying to talk the guy into getting into stocks, but he's not familiar with them and is wary. It's killing me.
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Old 11-05-2021, 08:33 AM   #11753
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I've got a younger relative who is prudent with his money, but he's keeping his savings in a savings account at 0.1 percent interest. I'm trying to talk the guy into getting into stocks, but he's not familiar with them and is wary. It's killing me.
I'm not one to talk, I (up until I bought some land) had an uncomfortable amount of money in a savings account. But I was doing it for the aforementioned land purchase. I was close several times to putting it in SPY which would have been the move in hindsight, but I couldn't take the risk.

Can't you just knock out a compounding return spreadsheet in like 30 seconds comparing his return to even a conservative 5% return. I think the long term stock market return is 8. Or just convince him to open a brokerage account and put SPY in and see for himself?

I mean, you can get a little more intrusive since he's your relative.
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Old 11-05-2021, 08:39 AM   #11754
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One could buy on the dip, I thought about that on Zillow.
Buying a “dip” because a stocks looks on sale is dangerous without knowing a bottom. See if it trends sideways or shows a reversal pattern before guessing.
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Old 11-05-2021, 08:48 AM   #11755
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Buying a “dip” because a stocks looks on sale is dangerous without knowing a bottom. See if it trends sideways or shows a reversal pattern before guessing.
just buy AMC on dips!!!!!
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Old 11-05-2021, 11:20 AM   #11756
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Buying a “dip” because a stocks looks on sale is dangerous without knowing a bottom. See if it trends sideways or shows a reversal pattern before guessing.
Well you wait to see when the is chart going up you see.

Similar to how you purchase stocks.
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Old 11-05-2021, 11:23 AM   #11757
Hog's Gone Fishin Hog's Gone Fishin is offline
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just buy AMC on dips!!!!!
Next time it hits 34 I'm grabbin 100 shares to swing
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Old 11-05-2021, 11:28 AM   #11758
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Next time it hits 34 I'm grabbin 100 shares to swing
yeah i keep waiting for 30 and it never comes
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Old 11-05-2021, 12:17 PM   #11759
Hog's Gone Fishin Hog's Gone Fishin is offline
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Just bought some SBEA today. A SPAC that picked up "Black Rifle Coffee Company"

A little over $10 right now, Will be an $80 stock down the road in my opinion

Also grabbed some warrants too
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Old 11-05-2021, 01:07 PM   #11760
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Up 18% at the high point isn't even close to "what a short squeeze really looks like".

Do you even market bro?
You don't know what a short squeeze look like for a large cap because you trade shit

I was a broker back in 1987 - 1994. I've traded stocks, bonds, commodities, and options before you dribbled out of your Dad's dick.
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