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Stocks

I also bought during the panic after 9/11.

...when everyone else was selling.
 
I bought rail transportation, in case there was an extended cessation of air traffic.

Didn't really matter as almost everything was down around 20-25% for 2 weeks.
 
I sold all my lifetime investments in October and put it into a cash acct. it really pissed off my manager for some reason but seemed unreasonable for me to stay in and weather what I thought was coming. So,,,, I guess now I will wait for it to bottom out and go again. With a new Manager!

You don’t need a manager either. Start your own trading account, Save the fee’s and buy balanced etf’s that mimic the equities markets. You’ll pay from .1 to .45 ish percent in MER and it perform your Old manager every time.
 
I bought ford during the 08-10 recession because I knew they had a plan, a high profile CEO and didn't take bailout money.

More than tripled my money. Best deal I ever made.

Bought about a half dozen before money ran out.

The AT&T I bought then is still up 25% even after the past few days losses (and it pays 4%)

The Canadian oil stock I bought in 2010 is up 143% (and pays 5%)

The others were sold to finance purchases I thought were more lucrative.
 
...so I will kindly ask that the red X be removed because I did in fact make "the most" on trades resulting from the 08-12 financial situation.
 
...so I will kindly ask that the red X be removed because I did in fact make "the most" on trades resulting from the 08-12 financial situation.
relax I hit the wrong freaken' button,
so damn sensitive

it was actually supposed to be a like button

but I think I'm gonna' leave it now
 
Looks like people are pretty passionate in this thread.
 
Most of us, aside from the mega-wealthy, are usually a market passenger not a driver. Firms buy & sell billions of stocks in a day computer generated in milli-seconds to make millions in a matter of seconds, sell it then buy another stock. Hedge fund guys drive million dollar cars, have 10 million dollar yachts, and wear $100k Rolex's playing with money in the markets that include ours. We're on the wrong side of this circus train. Some do well as some have posted here; friend of mine retired going all in to learn about the stock market and turned $50k into $300k in a year. For most, like me, we ride along and at the advice of brokers just stay the course during the up's and down's as it's too little to risk selling down stocks to take a loss expecting history to repeat itself to the next upturn. A form of legal gambling is all it is...like poker where there's some skill involved; but then matters not if ya got the wrong cards...
 
Stay your course if you’re in for long term, I don’t try to guess the bottom and I don’t try to guess the top.
If with a 401, remember that your contributions this week are buying your portfolio choices at a lower price
We’d have seen some volatility over this, but the media (as always) through gas on this
 
Investing is long term. We took a beating, but I'm diverse...so biotech worked hard to balance out.....funny how that works. Hold.
 
To add to my gist, the market is nothing what it used to be now with computer generated buying and selling from the big dudes. This is why we're enduring the immediate market tanking as there's zero tolerance for low's with these guys leaving the rest of us in their dust holding stocks they vacated. They get in and out faster than the blink of an eye and works nice when the market is fine. 25-30 years ago this sort of tanking would be occurring over weeks or longer, not a few days - maintaining some market stability and ahh - stock value until the storm is over. I keep thinking now, at my age, to just get out of the market and throw it all in cash to keep what I got and earn .15% interest on it. Too late again...should a done this a week ago.
 
Cramer is saying monday will be worse. I'll be buying som shorts for apple and tesla because they can get products out, and buy some stocks mon tues, hopefully that is the low, if not when the bottom is finally found.
....last dudes that shorted Tesla, are looking for change at the bus stop....hehe
 
If I buy $300k in scratch-off lotto tickets what are the odds of breaking even? lol
 
I was selling at every up tick to gather about 40 percent in cash. I think this will go on for a bit . Three of my favorites showed some strong by the end of trading today AAPL AMZN and NVDA. I just going to be patient before I start nibbling again.
 
The stock market & investments for US piss-ants
is to be in it for the long haul
(don't be stupid either)
don't sweat the day trader BS,
or the obvious fear driven or speculation
driving the ups & downs
it doesn't really effect the overall that much

this market shift in big $$$ market speculations
selling off or buying low

truth is this is the effects of globalism,
peoples fears from corona-virus
China not producing cheap **** for the market or Apple etc.
for a time, effects the global market
profits & speculation on the bottom line/profits (will be down)
especially on co.'s over dependence of products from China etc.

even some of the investors are driven by Political Pundits
pushing a bias agenda,
some is that the country & it's 47% is heading down the socialist path, fears

just like the market went ballistic (up pretty much ever since)
right after Trump was elected Nov. 2016 :usflag:
it's been up some 17%-20%, all time highs from then,
IT'S DOWN SOME, 5%-7%-ish right now, it's still up overall
it's bound to adjust some, in both direction
it always does

don't panic
don't get swept up in the BS
don't buy stocks or bonds that drops to cheap or junk status either
there's a reason why they're so cheap today
especially after an event like the past 2 weeks,
over dependency on cheap goods/cheap labor
from China or where ever
(they probably weren't good long term investments to begin with)
especially after something like what's happening now

you can blame the media in part too,
don't get swept up in it
don't get swept up in the BS/lies/spin/speculation either
they have an agenda of their own,
they also have huge $$$ investments of their own too
don't buy into or fall for it

don't buy high risk stocks or bonds,
especially if you are prone to panic, sell at any drop or down turn

Just do your due diligence, talk to an investment professional
not some dude on an open public access internet forum
with obvious bias or an agenda or even for their own profit
some (even on here)

:soapbox:
be smart with your $$$/investments
I love the way think and well said!!
 
You can do much better than .5% money market or savings just by buying preferred shares.

I have some paying 8% that don't get called until 2025.

The replacements have already been issued at 4%, but even that is better than .5%

Not quite as stable as savings, but pretty darn stable if big name company.

Most of mine are financials. JPM for example.

However, the common JPM is up 130% since I first bought it and it pays pretty well (3.75% IIRC) too.
 
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