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it's about time to pull my money out and take these losses before i lose even more :x
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OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
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I suck at this game.
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Yea, so do I. My poor little Roth is getting crushed.
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CASH = KING
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I never, quite honestly, understood this kind of logic.
I obviously don't know the makeup of your portfolio, but I'm sure the fundamentals of each stock in your basket is ok. The point is, all this red we are seeing, the fault is not with your basket, but rather with the broader market. Everyone is seeing red right now. If you pull out now, you're simply guaranteeing and making your losses absolute. Assuming you have cash reserves, why not average down instead? It's a whole heck of a lot more profitable in the long run, i would think, than the alternative you're considering. No?
I'm just saying, if you got protection, don't pull out. Get you some timbs for traction and ride this ferocious ***** 'til you on top, and she's tapping out.
...
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- 53,222
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nah, i'm still holding stocks that i have for ages (jnj, ko, pfe, dis, t, etc), but cutting some of my losses and wait
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I think if you have a very long term portfolio then a buy and hold strategy is okay. When the blood is on the streets and everyone is scared to buy then add to your core positions. I do think we are going much lower from here but a bounce is probable this week or next imo
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How would averaging down have worked for you if you believed in GPRO?
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Yeah that's the key. Pick good companies that will most likely be around long term eg DIS
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i'm actually trying to buy more DIS while it's down this low, but need the cash to do so
fitbit and a few biotech stocks just bringing my portfolio way down
could be worse...linkedin :x
fitbit and a few biotech stocks just bringing my portfolio way down
could be worse...linkedin :x
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- 10,915
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Well, just be careful with DIS. Reporting after bell today. Star Wars should be a nice boost, but who knows with ESPN.
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Down goes TWTR. Hope a buyout happens sooner than later.
TSLA up despite missing on EPS and revs by a good amount.
TSLA up despite missing on EPS and revs by a good amount.
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Dunno if this is the right thread for this,
Opened a Roth IRA the other day, looking to put that cash balance into mutual funds....could I get any help?
Opened a Roth IRA the other day, looking to put that cash balance into mutual funds....could I get any help?
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- 10,915
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Do your due diligence. Plenty of resources out there. Put your money into what you're comfortable with risk wise
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Bought some shares of GoPro at $10 hoping it'll head back up to $65/share. It's holding steady.
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Uh... They're entire model is based on people buying more of their expensive cameras. Only see them being a M&A candidate for a company who wants their tech
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youll be lucky if it hits $20 without a M&A like dude above me said.
only way i see GPRO ever getting back to the $60's is with a new CEO.
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Only way to see 60 again is if they reverse split 1:6 lol
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Yikes...I've been looking for another stock to chase. Reckon I better reset my expectations.
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We are about to enter negative interest rates, smdh not a good look at all!
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until its banned
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finally started buying some stocks. As an international student i didnt think i could but i found out i could.
downloaded robinhood and started buying baby stock. some USO UCO MU and SCTY while they were down. It is exhilirating!
downloaded robinhood and started buying baby stock. some USO UCO MU and SCTY while they were down. It is exhilirating!
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As long as we don't end up like Japan.
That unexpected negative interest rate push =
