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02-25-2021, 09:32 PM | #7936 |
MVP
Join Date: Jan 2012
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Why does that sound similar to, "Here, hold my beer..."?
Macys red tag sale. Buyemup time. Dollar cost average |
Posts: 6,155
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02-25-2021, 09:48 PM | #7937 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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One of the single biggest mistakes individual stock investors make is holding on to a stock too long because they've convinced themselves the stock is a "good" stock or that it's going to do big things....simply for no other reason than because they bought it and convince themselves they're right.
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Posts: 46,067
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02-25-2021, 10:17 PM | #7938 |
I'll be back.
Join Date: Nov 2002
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lol i might get my 150/share dream
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Posts: 286,011
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02-25-2021, 10:28 PM | #7939 |
In Search of a Life
Join Date: Aug 2005
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All this shady stock manipulation is going to end up tanking the entire market.
Stocks that are losing money are being pushed to 35 times sales and into multi-billion dollar valuations. This is not sustainable. Last edited by Halfcan; 02-25-2021 at 11:04 PM.. |
Posts: 43,200
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02-25-2021, 10:38 PM | #7940 |
In Search of a Life
Join Date: Jan 2010
Location: L.A.
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Steam really annoys the crap out of me. I'd be all in for a better solution. Haven't tried Origin. Does it work on macs?
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Posts: 27,471
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02-25-2021, 10:41 PM | #7941 |
In Search of a Life
Join Date: Jan 2010
Location: L.A.
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Posts: 27,471
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1 0 |
02-25-2021, 10:57 PM | #7942 |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
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Posts: 11,924
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02-25-2021, 10:59 PM | #7943 |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
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Posts: 11,924
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02-25-2021, 11:08 PM | #7944 | |
MVP
Join Date: Mar 2019
Location: KC
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Quote:
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Posts: 7,496
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02-25-2021, 11:09 PM | #7945 |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
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I learned my lesson with a Datek online trading account in January of 2000. We had been married two years and were saving up to buy our first home. We had $30,000 saved up. "everyone" was making a killing on tech stocks.
I put $10,000 into an account. (hey honey it's only 1/3 of our savings) bought NVDA, YHOO, CNET, HD, and a few others. If you look at the stock Market crash of January 2000 I opened my account like two days before that day it started crashing. I also started moving money around lot. This is back when you woke up at 6am turned on your computer and Nescape "dialed in" to the internet with that screechy computer sound in the modem before you were connected. My buddy gave me a "sick tip" on ELOT -- an online lottery company that used to be a telephone conference hardware company. I put most in there at $1.50 a share because it was "for sure going to hit $10 or more once the regulations for online lotteries opened up." Nope. Three years later I had 3,000 shares worth less than a penny a share. Selling them wasn't even enough to cover the $9.99 transaction fee. I called Datek and asked them if they could just accept the sale amount as the fee. They said "Oh yeah we do this all the time" Closed the account. Mutual funds and 401K ever since. until this year. I'm still doing OK since moving some bond money into a brokerage account in September, Long plays. I will be OK but damned if I'm going to repeat 2000 with the meme stocks or SPACS. |
Posts: 11,924
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02-26-2021, 03:07 AM | #7946 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Deere is up pretty hard after their earnings report. Contemplating getting out.
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Posts: 57,702
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02-26-2021, 06:16 AM | #7947 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Everything down premarket again, GME up 16%.
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Posts: 11,432
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02-26-2021, 06:38 AM | #7948 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,067
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02-26-2021, 06:42 AM | #7949 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,067
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02-26-2021, 07:17 AM | #7950 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Quote:
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Posts: 11,432
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