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Painful
Painful
what about alphabet miss. hahabased on Microsoft earnings, I’m predicting a recovery tomorrow
thats a lot of risk for sure. if the deal collapses, we will likely see activision trade in 40s. the msft deal really protected them from their bad earnings quarter. its a downside of ~50%, for a upside of like 30%NASDAQ continuing to get crushed AH. I am not sure what this means to the overall economy with tech earnings playing out like this this week. Probably not good.
Agree, likely good long term buying opportunities, but I don't think we are there. At least I am not comfortable buying right now.
We know the problem of getting market timing wrong.
The other problem is what happens when you get market timing right and sell at highs you still need to figure out when to buy at lows. I sold and went all to cash last year. I bought back in with probably 25% of my cash and rode the bull rally back up a few months ago with shares and selling cash covered puts. I sold the shares and bought out the puts a little early, but made a profit, and have been all cash and a few puts since. The problem of getting the market timing correct is when to go back in and how. I guess a good problem to have. My portfolio is worth more than it was at the end of 2021, which puts me in a small club right now. Not a lot more but I'm not down.
Not right now. If there's a bounce and premiums become more reasonable then I may pick up some more with expirations later in the summer.
For an options play right now, I'm looking at selling cash covered puts on GDX. The sell off in gold seems overdone. Holding gold and GDX for a few years probably wouldn't be a horrible problem to be stuck with if you get assigned.
I bought some recently. I think the math works out that even if you sell them in exactly 1 year you still would get a 6ish percent return.I Bonds are looking OK on the non-equity side. Max $20K/year purchase though.
I Bonds are looking OK on the non-equity side. Max $20K/year purchase though.
Last Q earning I said Amazon cheated with so-called RIVN capital gain at the stock price of 100$. These Q it can't cheat anymore. RIVN is a huge capital loss at the price of 32$. Together with increased labor cost and fuel cost, it landed hard.
I keep buying dips like a crackhead! Down 120k in my first 9 months of investing… buying mostly tech stocks but now it’s an addiction!
I went in and bought some…I bought google, apple, Amazon, Tesla, Microsoft… etc etcThis is the way.
I am doing the same.
I think Amazon looks pretty inviting at current price point
I went in and bought some…I bought google, apple, Amazon, Tesla, Microsoft… etc etc
Fed meeting on Wednesday. If he comes out hawkish, I think there could be more downside.
In other words, don’t bet the farm quite yet
And, if you just bought VTSAX you would have gotten all of those, with way less effort and risk.I went in and bought some…I bought google, apple, Amazon, Tesla, Microsoft… etc etc
I look at these companies as value stocks in 10 years. I know they are all big cap tech names but it’s the only place I want to go now that all sectors appear vulnerable:
Contrarian Investing: Buy When There's Blood in the Streets
Nathan Rothschild said to buy when there is blood in the streets. See how contrarians find opportunities in the worst market conditions.www.investopedia.com
Right now the way to make money is shorting
Even with lot of knowledge, you cannot expect to get an edge over algo trading and AI driven stock prediction.
Wise man say, the market can stay irrational a lot longer than you can stay solvent.Right now the way to make money is shorting. But that is risky.
Having been through a few market cycles including the crash of 2000 my advice is to stay diversified with a tilt towards tech. A young investor needs exposure to to the volatile, but highly innovative sector of technology. The world has changed so much in my lifetime in terms of advancements. As a kid much of what seems normal today was science fiction. So, keep at it but tilt towards tech/growth despite these crashes/set-backs.
I didn’t buy any tech today (aside from activison—spread becoming wide enough to justify risk)
but I did go on a “buying spree” of sorts. Mostly financials, insurance companies industrials, and energy. I will have to wait to sell anything until next year, because as a med student, I will pay a much lower capital gains rate than I would now
Microsoft is planning to takeover the company for 95. Stock is currently trading at 77. If the deal goes through, it would be roughly 23% return for investors at these levels.
A high amount of risk is being priced in, as many believe that the deal will not go through. I am willing to take this risk, since the compensation for taking the risk is attractive enough for me, but also am being cautious and setting limits on the percentage of my portfolio that I will allocate to the stock
I think that the downside in the stock if the deal doesn’t go through is substantial but not
I think no more than 1/3 of your portfolio should be in tech. You can run an analysis of your portfolio using Morningstar X ray. Despite the market volatility tech is still the sector for many of you to truly turbocharge your portfolio. P/E matters so the tech sector really got ahead of itself (again) resulting in a massive correction which isn't over. But, GARP stocks can be bought and owned right here for the long term.Being a tech heavy investor can be worse than divorce. You lose half your assets and still have the same wife.
I’m learning how to control my behavior. I went from putting all my paycheck into the market when I first started investing to now around 20%. Last few weeks, I’ve been saving more. I still have other accounts, Roth (wife), a back door IRA and 401k I’ve maxed out every year since residency (ETF’s, mutual funds, bonds, REITS). I do some trading when I max out on a stock position I’m already in but see an opportunity with that stock (willing to hold if unable to make a profit) and also started to invest in crypto (defi-nodes and a few of the “big names (bitcoin, etherium, solana, avalanche).” I’ve actually made more (or loss less) on crypto then equities thus far.
I live within my means and make a good amount of money and although I’ve invested a little more over the past year, I have no debt except mortgage and no other major expenses except we do tend to use door dash more often then most people.
I think because of the time I got in, I always felt the need to “catch up” and buy in on a lot of growth stocks and some speculative ones, including mid size and small cap companies. But now since everything is down, I figured I’ll focus more on the big name large caps but maybe over the next few weeks I will add more to my savings (CD’s, High APY) and cash positions and just wait things out more.
I know the smart move would be to look at this time as an opportunity to buy which I will continue to do but sometimes you just want to have a “win” even if it’s only temporary. I’m so tired of hearing how great the stock market was a year ago and how over the last 10-15 years a lot of investors have yielded great returns when all I ever experienced is red!
The bad news is that with higher interest rates the norm for P/E ratios is more like 15-16 and not 20-22. But, with inflation and nominal returns on CDs Blue Chip Value or Blend stocks are still buys at even P/E of 18.Dude you are in the same situation as me. I never really thought about finances until a year or so ago and I also have th3 same thoughts and ideas in my mind about trying to catch up. And yes I'm hittinga lot of red lately.
agreeReal estate looks good if you already own it, but seems overpriced if you don’t.
@RadOncDoc21Dude you are in the same situation as me. I never really thought about finances until a year or so ago and I also have th3 same thoughts and ideas in my mind about trying to catch up. And yes I'm hittinga lot of red lately.
Blood on wall street today.
Nobody is safe from this gutting.
Only safe place right now is real estate.
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Stockpile cash then buy when it is lowDo we even care about company earnings anymore? I feel like no matter what, people are selling.
@RadOncDoc21
thats me too. people are saying you will give back some of the gains from the pandemic. and we've had an amazing bull run in the past 12 years, its time to give some of that back. im like i never experienced any of that. my accounts are red every where. im losing money!
Only safe place is cash and maybe some energy stocks. Recession is looking more likely and the stocks are reflecting it.