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01-08-2017, 11:50 PM | #541 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
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Coke and Pepsi are always talked about in investment books. Intellegent Investor and such.
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Posts: 54,560
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01-08-2017, 11:51 PM | #542 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,644
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01-09-2017, 01:06 AM | #543 |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Sometimes, it's better to be lucky than good. I got tired of the performance of an index fund in February and started investing on my own. Since February, I have roughly doubled my Roth.
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Posts: 18,594
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01-09-2017, 01:20 AM | #544 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,644
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01-09-2017, 01:28 AM | #545 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
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Posts: 54,560
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01-09-2017, 01:34 AM | #546 |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Net of contributions, a little over doubled, depending on the day. After five years of virtually no growth on my maxed out Roth contributions, I started playing with some call options and picking specific stocks. I haven't really refined my trading strategies with options yet, but you learn some expensive and valuable lessons.
The rule I am currently trying is to make a prediction, buy the position, and see it through. I actually left a huge amount of money on the table by exiting positions ahead of my predictions because I had tidy gains and was living by the "Pigs get fat, hogs get slaughtered" thought process. The great thing about options though, is that you can make sufficient returns for your whole portfolio using just 5% of your actual account value. I have been sitting on roughly 60% cash since June and still making good gains. (I also have ~25-30% of my portfolio in stocks I have selected individually.) |
Posts: 18,594
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01-09-2017, 08:30 AM | #547 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
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Posts: 52,064
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01-09-2017, 09:04 AM | #548 |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Posts: 18,594
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01-09-2017, 09:23 AM | #549 | |
Grand champ
Join Date: Sep 2007
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Quote:
And what's the monthly payment on an $85k mortgage if you don't mind me asking? I'm guessing it's over 30 years? |
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Posts: 45,358
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01-09-2017, 10:17 AM | #550 |
MVP
Join Date: Jan 2007
Location: Missouri
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Posts: 8,641
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01-09-2017, 10:26 AM | #551 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Quote:
And do the math, if my stupid ass can see it everyone else can too. EDIT: I'd GTFO of any health care stocks. Maybe not pharmaceuticals, but certainly health care and health insurance stocks. If Obamacare gets repealed, it may be UGLY. |
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Posts: 57,698
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01-09-2017, 10:37 AM | #552 | |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Quote:
Health insurance is interesting. I guess I tend to think that every time the insurance companies get a chance to lobby, they twist the legislation to make them money and the cost of health care rises. I am pretty cynical though. |
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Posts: 18,594
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01-09-2017, 11:13 AM | #553 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 52,064
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01-09-2017, 11:18 AM | #554 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
I think home builders will do better in the next 4 years |
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Posts: 52,064
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01-09-2017, 11:52 AM | #555 | |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Quote:
When you purchase puts and calls, you have a limited potential loss of your initial investment. |
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Posts: 18,594
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