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      12-04-2020, 05:29 PM   #2663
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So how did you all do who sold before the election?

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      12-04-2020, 06:38 PM   #2664
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So how did you all do who sold before the election?

Murf
I did pretty good! I closed all my positions before election and bought back in after. Up 33% for whole portfolio since then. Thanks to EVs and Tesla Ofcourse
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      12-04-2020, 07:21 PM   #2665
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Originally Posted by TheRussski View Post
I did pretty good! I closed all my positions before election and bought back in after. Up 33% for whole portfolio since then. Thanks to EVs and Tesla Ofcourse
Good for you, Russski!
I asked the experts on this board in June if I should sell my Tesla, and they said yes!
F-me, I did.

Murf

PS: Anyway, I went a little conservative, but rode it out, and +++ (Moderna!)
Wall St. finds a way to deal with politics, and thus make $$.

Last edited by Littlebear; 12-04-2020 at 07:29 PM..
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      12-05-2020, 08:16 AM   #2666
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Originally Posted by Littlebear View Post
Good for you, Russski!
I asked the experts on this board in June if I should sell my Tesla, and they said yes!
F-me, I did.

Murf

PS: Anyway, I went a little conservative, but rode it out, and +++ (Moderna!)
Wall St. finds a way to deal with politics, and thus make $$.
Same “experts” were probably saying Tesla is trash when it was at $10 a share years back
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      12-05-2020, 08:39 AM   #2667
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My 401(k) is up about 20% since election day. My brokerage account, not so much...but still positive for the same period.

On the bright side, my "net financial assets" went from below zero to +$46K since 11/2019. With only $48K left on our mortgage, I am on target to be 100% debt-free by the end of 2024.....
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      12-05-2020, 01:00 PM   #2668
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You guys should look into $SE. They destroyed their Q1 earnings report and are aggressively growing their E-Commerce platform in new emerging markets (SE Asia and Latin America). Lots of room to grow and are heavily diversified between E-Commerce, Digital Entertainment, and E-Payments. This could be a good stock to diversify your portfolio with all the manipulation that is going on in the US right now...
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I hope y'all bought in. It's still not too late... So much potential here.
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      12-05-2020, 05:34 PM   #2669
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$50,000/$3.91 (REML price on 07/30/20) = 12,787 shares

12,787 x $5.68 = $72,630.16

$72,630 - $50,000 = $22,630 profit in 5 months ; a 45% profit
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      12-05-2020, 06:07 PM   #2670
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Quote:
Originally Posted by iminhell1 View Post
$50,000/$3.91 (REML price on 07/30/20) = 12,787 shares

12,787 x $5.68 = $72,630.16

$72,630 - $50,000 = $22,630 profit in 5 months ; a 45% profit
$50,000 on Black at the casino. About the same odds if you are going to do a single stock bet like above. Only you have a 100% return if you get it right.
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      12-06-2020, 01:31 AM   #2671
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Quote:
Originally Posted by Joekerr View Post
Quote:
Originally Posted by iminhell1 View Post
$50,000/$3.91 (REML price on 07/30/20) = 12,787 shares

12,787 x $5.68 = $72,630.16

$72,630 - $50,000 = $22,630 profit in 5 months ; a 45% profit
$50,000 on Black at the casino. About the same odds if you are going to do a single stock bet like above. Only you have a 100% return if you get it right.
I'll take my odds on black lol
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      12-06-2020, 04:11 PM   #2672
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Can you guys point me to a a couple stocks as I am very new to this. I'm NOT looking at 50k. I am just gonna put 1k in and add funds over time. Any stocks you would pick up right now. I know its not a lot but as I said I'm a newbie at this and not gonna risk a ton of money right now. I'm ok with long term waiting on hoping a stock grows or even some lower priced ones that may have hopes. Thanks guys.
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      12-06-2020, 09:06 PM   #2673
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Originally Posted by Dlpfcb View Post
Can you guys point me to a a couple stocks as I am very new to this. I'm NOT looking at 50k. I am just gonna put 1k in and add funds over time. Any stocks you would pick up right now. I know its not a lot but as I said I'm a newbie at this and not gonna risk a ton of money right now. I'm ok with long term waiting on hoping a stock grows or even some lower priced ones that may have hopes. Thanks guys.
SPYG then probably. Or something similar.
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      12-07-2020, 07:17 AM   #2674
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SPYG then probably. Or something similar.
Thanks I will take a look at it.
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      12-07-2020, 08:51 AM   #2675
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Quote:
Originally Posted by NorCalAthlete View Post
SPYG then probably. Or something similar.
Yup. It seems the most common investment advice for newbies is to buy an index fund that mirrors the S&P 500.....
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      12-07-2020, 11:01 AM   #2676
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SPYG is lame, go VGT instead...if you're gonna be invested in those top ~10 holdings anyway, go full boat to maximize the gains:
https://www.askfinny.com/compare/VGT-vs-SPYG
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      12-07-2020, 11:11 AM   #2677
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Quote:
Originally Posted by Dlpfcb View Post
Can you guys point me to a a couple stocks as I am very new to this. I'm NOT looking at 50k. I am just gonna put 1k in and add funds over time. Any stocks you would pick up right now. I know its not a lot but as I said I'm a newbie at this and not gonna risk a ton of money right now. I'm ok with long term waiting on hoping a stock grows or even some lower priced ones that may have hopes. Thanks guys.
The best way is to not ask complete strangers on the internet.
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      12-07-2020, 11:15 AM   #2678
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Quote:
Originally Posted by FCobra94 View Post
SPYG is lame, go VGT instead...if you're gonna be invested in those top ~10 holdings anyway, go full boat to maximize the gains:
https://www.askfinny.com/compare/VGT-vs-SPYG
Didn't know about VGT, thanks for the heads up. Yeah looks like the better bet then.
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      12-07-2020, 02:48 PM   #2679
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Quote:
Originally Posted by TheRussski View Post
I love Tesla! I keep buying more and more shares...should see over $500+ next week woohooo!!!
....... and $600 . . . . .
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      12-07-2020, 02:57 PM   #2680
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Originally Posted by kb2wji View Post
It took me a long time, but I've read this entire thread. I admit I skimmed through much of the specific stock price replies, but there was a ton of useful info, so thank you all who contributed!

Anyone care to give me a critique on what i'm working with? I'll be collecting a pension in another 15 years (68-75% of my salary depending on how long I stay). I also started a 457b (it's like a 401k for gov't employees - my employer does not match anything). I contribute a few hundred / month to it and I have Nationwide manage it. They charge me 1% / year but the way I look at it they are probably 1% better at this stuff than I am so why not.

Here's where I may take a beating from you guys... Approximately 30% of my total investing is in cryptocurrencies. 70ish % of which is in Litecoin, Bitcoin and Ethereum - with about 30% in about a dozen different "alts". I've been in the crypto market about 5 years now and i'm just shy of doubling my total investment.

The way I see it, i've got a long way until I retire. I have a pension and a 457b that are quite safe (slow and steady wins the race?). Since I have a minimum 15-20 working years left I figured the high risk stuff like crypto may pay off. Time will tell. What do you guys think?

Do you have a choice at managers for your 457B - 1% is too high. That will cost you over $100K by the time you retire.

Pensions are solid. Rare these days but it's worth more than most people think.

Way too high in crypto (IMO). Even if it's fun money investing I'd cut back and invest in larger tech.
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      12-07-2020, 03:42 PM   #2681
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Quote:
Originally Posted by Habs11 View Post
Quote:
Originally Posted by kb2wji View Post
It took me a long time, but I've read this entire thread. I admit I skimmed through much of the specific stock price replies, but there was a ton of useful info, so thank you all who contributed!

Anyone care to give me a critique on what i'm working with? I'll be collecting a pension in another 15 years (68-75% of my salary depending on how long I stay). I also started a 457b (it's like a 401k for gov't employees - my employer does not match anything). I contribute a few hundred / month to it and I have Nationwide manage it. They charge me 1% / year but the way I look at it they are probably 1% better at this stuff than I am so why not.

Here's where I may take a beating from you guys... Approximately 30% of my total investing is in cryptocurrencies. 70ish % of which is in Litecoin, Bitcoin and Ethereum - with about 30% in about a dozen different "alts". I've been in the crypto market about 5 years now and i'm just shy of doubling my total investment.

The way I see it, i've got a long way until I retire. I have a pension and a 457b that are quite safe (slow and steady wins the race?). Since I have a minimum 15-20 working years left I figured the high risk stuff like crypto may pay off. Time will tell. What do you guys think?

Do you have a choice at managers for your 457B - 1% is too high. That will cost you over $100K by the time you retire.

Pensions are solid. Rare these days but it's worth more than most people think.

Way too high in crypto (IMO). Even if it's fun money investing I'd cut back and invest in larger tech.
thanks for the input - I do hate the fee. Adds up fast. My 457 options are 1% to have them manage it or I do it myself for free. I'm really going to consider doing that. I initially figured that they would do a 1% per year better job than I could although my return for the past year has been roughly 7%. In this market 7% is absolutely unacceptable. Luckily my crypto is just shy of 350% now Of course I could lose all that by dinner
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      12-07-2020, 03:59 PM   #2682
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Quote:
Originally Posted by Habs11 View Post
....... and $600 . . . . .
....and $648.


Who was the dude here that kept calling Tesla a trash stock?
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      12-07-2020, 04:33 PM   #2683
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I'm up $55K since March, primarily trading and cost averaging on AAPL, VTI and VOO. I'm not a trader/risk taker so I take small gains and selling, a small profit here and there has added up. I'm all in right now, so will have to cost average down with margin from this point forward, looking to take some principal out by EOY, however.
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      12-07-2020, 04:51 PM   #2684
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I'm up $188k since Mar doing absolutely nothing. I do know a guy who is up $3M on TSLA and AMD.
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