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04-21-2022, 08:36 PM | #12826 |
MVP
Join Date: Mar 2019
Location: KC
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My portfolio was Mike Tysoned.
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Posts: 7,286
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04-21-2022, 11:25 PM | #12827 |
MVP
Join Date: Oct 2006
Location: West of the Equator
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Powell is the most mealy-mouthed POS since...
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Posts: 13,658
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04-21-2022, 11:49 PM | #12828 |
Veteran
Join Date: Aug 2015
Location: Oak Harbor, WA
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Posts: 2,579
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04-23-2022, 07:57 AM | #12829 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Here's a look at some favorite growth stocks that have taken a beating. These are weekly charts going back to the start of 2018. Some back to 2018 levels.
NFLX PYPL ROKU SQ |
Posts: 45,755
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04-23-2022, 08:50 AM | #12830 |
Fish are scared of me
Join Date: Nov 2001
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My brother always says just buy a stock and forget about it. Look at it in 10 years. This shows exactly why that's not a good approach. AAPL and MSFT you could get away with it but not these so much. Lot's of profit got left behind here.
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Posts: 40,492
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04-23-2022, 09:59 AM | #12831 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
These names are roughly down 71%, 78%, 64%, 69%. This is the danger/risk of owning individuals stocks. |
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Posts: 45,755
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04-23-2022, 10:20 AM | #12832 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Just look at Cathy Wood. She risked everything in growth.
She's down like 60%. That's a crime for a money manager. |
Posts: 51,057
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04-23-2022, 11:09 AM | #12833 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Everybody is trying so hard to get on the ground floor of the next Amazon they just don’t look at the business or the finances. Maybe some of these tech stocks will roll. But like the Netflix one, anyone with half a brain would know they were reaching saturation. |
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Posts: 57,037
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04-23-2022, 12:02 PM | #12834 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
They suspended service on 1 million subscribers https://variety.com/2022/digital/new...on-1235197390/ |
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Posts: 40,492
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04-23-2022, 12:09 PM | #12835 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
So they lost money and did less business. That’s a pretty major shift from where they needed to be. |
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Posts: 57,037
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04-23-2022, 12:28 PM | #12836 |
Fish are scared of me
Join Date: Nov 2001
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I also wonder how many subscriptions they lost in Ukraine. I imagine people were cancelling their subscriptions after their homes were blown up .
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Posts: 40,492
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04-23-2022, 12:29 PM | #12837 |
Fish are scared of me
Join Date: Nov 2001
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Yet morons like me are still paying DTV $250 a month for 300 channels I'll never watch.
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Posts: 40,492
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04-23-2022, 02:31 PM | #12838 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
401k/IRA are separate. I don't have the apps and only look once or twice a year. |
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Posts: 5,955
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04-27-2022, 07:03 AM | #12839 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Damn, look at some of those average member drawdowns! This chart seems like an incredible quick look argument for indexing lol |
Posts: 5,955
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04-27-2022, 07:15 AM | #12840 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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FB down another $7 today. Hard to believe the beating it's taken.
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Posts: 51,057
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