BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BIMMERPOST Universal Forums Off-Topic Discussions Board Stock market tips and experiences

Post Reply
 
Thread Tools Search this Thread
      10-04-2021, 09:51 AM   #6777
BMW F22
Major General
BMW F22's Avatar
United_States
3562
Rep
9,787
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

So many “cheap” stocks to buy. Which ones??

Put some money into VOO last week for long term.
Appreciate 0
      10-04-2021, 12:02 PM   #6778
XKxRome0ox
e90noob
XKxRome0ox's Avatar
United_States
1588
Rep
1,857
Posts

Drives: '08 E90 M3
Join Date: Mar 2012
Location: Los Angeles, CA

iTrader: (4)

Quote:
Originally Posted by BMW F22 View Post
So many “cheap” stocks to buy. Which ones??

Put some money into VOO last week for long term.
all of them

i'm waiting like 2 more days to buy more SOFI
i had sold some shares so i'm waiting out the wash sale period
(i don't really understand it fully but i'm trying to avoid it since i've had many wash sales this year)
__________________
2008 E90 M3 / LCI trunk + euro tail swap

Production date - 2008-04-22
Appreciate 1
BMW F223561.50
      10-04-2021, 12:29 PM   #6779
e90335e36m3
M3
1426
Rep
725
Posts

Drives: M3s
Join Date: Nov 2013
Location: Earth

iTrader: (4)

I bought lots of fruit today.
Appreciate 1
      10-04-2021, 12:47 PM   #6780
BMW F22
Major General
BMW F22's Avatar
United_States
3562
Rep
9,787
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

Quote:
Originally Posted by e90335e36m3 View Post
I bought lots of fruit today.
Put some money into Apple as well.
Appreciate 1
      10-04-2021, 01:22 PM   #6781
XKxRome0ox
e90noob
XKxRome0ox's Avatar
United_States
1588
Rep
1,857
Posts

Drives: '08 E90 M3
Join Date: Mar 2012
Location: Los Angeles, CA

iTrader: (4)

Quote:
Originally Posted by e90335e36m3 View Post
I bought lots of fruit today.
i bought too many bananas ...

oh did you mean apples??
__________________
2008 E90 M3 / LCI trunk + euro tail swap

Production date - 2008-04-22
Appreciate 1
BMW F223561.50
      10-04-2021, 02:01 PM   #6782
e90335e36m3
M3
1426
Rep
725
Posts

Drives: M3s
Join Date: Nov 2013
Location: Earth

iTrader: (4)

Quote:
Originally Posted by XKxRome0ox View Post
Quote:
Originally Posted by e90335e36m3 View Post
I bought lots of fruit today.
i bought too many bananas ...

oh did you mean apples??
I mean 1,100 apples, bought them in crates.
Appreciate 0
      10-04-2021, 11:14 PM   #6783
Noneya
Second Lieutenant
252
Rep
236
Posts

Drives: '21 X5MC, '14 X1 35i M sport
Join Date: Aug 2020
Location: US

iTrader: (0)

Garage List
2021 X5MC  [0.00]
Quote:
Originally Posted by antzcrashing View Post
Let's say you have 1000 to put to work, buy 500 or so now and wait on the remainder in case it dips again. The risk: it bounces back fast and you only put half to work. Then you sit and wait for the next one
It needs to go below current price during the hypothetical future dip for that to be better than investing all now.
Appreciate 0
      10-05-2021, 11:42 PM   #6784
antzcrashing
Brigadier General
antzcrashing's Avatar
United_States
1904
Rep
3,212
Posts

Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA

iTrader: (1)

Garage List
Quote:
Originally Posted by Noneya View Post
Quote:
Originally Posted by antzcrashing View Post
Let's say you have 1000 to put to work, buy 500 or so now and wait on the remainder in case it dips again. The risk: it bounces back fast and you only put half to work. Then you sit and wait for the next one
It needs to go below current price during the hypothetical future dip for that to be better than investing all now.
Yes of course
Appreciate 0
      10-06-2021, 07:23 AM   #6785
Noneya
Second Lieutenant
252
Rep
236
Posts

Drives: '21 X5MC, '14 X1 35i M sport
Join Date: Aug 2020
Location: US

iTrader: (0)

Garage List
2021 X5MC  [0.00]
Quote:
Originally Posted by antzcrashing View Post
Yes of course
Do you not see that's a very strong prediction? Estimate the likelihood of that and then reevaluate your suggested strategy.
Appreciate 0
      10-06-2021, 07:21 PM   #6786
antzcrashing
Brigadier General
antzcrashing's Avatar
United_States
1904
Rep
3,212
Posts

Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA

iTrader: (1)

Garage List
Quote:
Originally Posted by Noneya View Post
Quote:
Originally Posted by antzcrashing View Post
Yes of course
Do you not see that's a very strong prediction? Estimate the likelihood of that and then reevaluate your suggested strategy.
The likelihood that it goes down more than it did at a dip? Pretty much 50/50 in my eyes. Do you have research that shows after a dip a stock must go up forever over some time horizon? Bc that would be fascinating to me

Have you ever heard the expression dont try to catch a falling knife? Bc you will get cut. Buying dips before they bottom or even just after they turn up is effectively catching a falling knife… so a hedge against it going down (which is not at all unlikely) is to put some fraction of what you want in that stock or fund into it and watch for some short term. You could "miss the boat" but that's the downside you take to hedge the risk of it falling further.

But please tell me why I should always go all in on a stock after it bottoms and please help me define bottom by some metric, curve, or technical indicator.
Appreciate 0
      10-06-2021, 07:46 PM   #6787
2one3E90
Lieutenant Colonel
2one3E90's Avatar
2422
Rep
1,770
Posts

Drives: Bmw 330i and Bmw 328i
Join Date: Dec 2020
Location: Los Angeles

iTrader: (0)

Garage List
2010 BMW 328i  [10.00]
2004 BMW Z4   [9.67]
2006 BMW 330i  [10.00]
How do youbsell this pen
Appreciate 2
      10-06-2021, 10:59 PM   #6788
Noneya
Second Lieutenant
252
Rep
236
Posts

Drives: '21 X5MC, '14 X1 35i M sport
Join Date: Aug 2020
Location: US

iTrader: (0)

Garage List
2021 X5MC  [0.00]
Quote:
Originally Posted by antzcrashing View Post
The likelihood that it goes down more than it did at a dip? Pretty much 50/50 in my eyes. Do you have research that shows after a dip a stock must go up forever over some time horizon? Bc that would be fascinating to me

Have you ever heard the expression dont try to catch a falling knife? Bc you will get cut. Buying dips before they bottom or even just after they turn up is effectively catching a falling knife… so a hedge against it going down (which is not at all unlikely) is to put some fraction of what you want in that stock or fund into it and watch for some short term. You could "miss the boat" but that's the downside you take to hedge the risk of it falling further.

But please tell me why I should always go all in on a stock after it bottoms and please help me define bottom by some metric, curve, or technical indicator.
You entirely missed the point I was making. I don't know what the stocks are going to do, which is why I just put ALL the money I intend on investing into various indices the moment I can. Whereas if you decide to wait and not put it all in at ANY given time, that means that you're making a non-trivial prediction about where the market is going to go.
Appreciate 0
      10-07-2021, 06:15 PM   #6789
antzcrashing
Brigadier General
antzcrashing's Avatar
United_States
1904
Rep
3,212
Posts

Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA

iTrader: (1)

Garage List
Quote:
Originally Posted by Noneya View Post
Quote:
Originally Posted by antzcrashing View Post
The likelihood that it goes down more than it did at a dip? Pretty much 50/50 in my eyes. Do you have research that shows after a dip a stock must go up forever over some time horizon? Bc that would be fascinating to me

Have you ever heard the expression dont try to catch a falling knife? Bc you will get cut. Buying dips before they bottom or even just after they turn up is effectively catching a falling knife… so a hedge against it going down (which is not at all unlikely) is to put some fraction of what you want in that stock or fund into it and watch for some short term. You could "miss the boat" but that's the downside you take to hedge the risk of it falling further.

But please tell me why I should always go all in on a stock after it bottoms and please help me define bottom by some metric, curve, or technical indicator.
You entirely missed the point I was making. I don't know what the stocks are going to do, which is why I just put ALL the money I intend on investing into various indices the moment I can. Whereas if you decide to wait and not put it all in at ANY given time, that means that you're making a non-trivial prediction about where the market is going to go.
Good for you.


And yes, I make non-trivial market predictions (also know as hedges against what I think could happen). The market is complex and unpredictable, basically all decisions even if "safe", "hedged", or "what the experts recommend" are non-trivial and consequential
Appreciate 1
2000cs3489.00
      10-13-2021, 06:35 AM   #6790
BMW F22
Major General
BMW F22's Avatar
United_States
3562
Rep
9,787
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

Is Dogecoin a solid investment? Not sure about crypto in general but expecting Dogecoin to spike again.
Appreciate 0
      10-13-2021, 07:12 AM   #6791
medphysdave
Brigadier General
medphysdave's Avatar
United_States
4548
Rep
4,658
Posts

Drives: M2 CS | 85 of 592
Join Date: Apr 2015
Location: Charlotte, NC

iTrader: (3)

Quote:
Originally Posted by BMW F22 View Post
Is Dogecoin a solid investment? Not sure about crypto in general but expecting Dogecoin to spike again.
In my opinion it is not, but I do think it will go up. My limited experience would suggest that doge is better transactional currency. However, something needs to be done to stabilize it's price point for this to occur. No one once to buy doge with a dollar at . 40, only to have it be worth . 20 two days later. Crypto is interesting. Some are value storage and others are banking on utility. In general, the crypto market is in its infancy and only recently coming into public view. As more equity looks to get into this market I think it will lift the entire system. I'm not a fan of Bitcoin, but I believe it's going much much higher than it is today. I'm also not a fan of holding gold. In my view they are the same.
Appreciate 1
      10-13-2021, 08:13 PM   #6792
antzcrashing
Brigadier General
antzcrashing's Avatar
United_States
1904
Rep
3,212
Posts

Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA

iTrader: (1)

Garage List
Quote:
Originally Posted by BMW F22 View Post
Is Dogecoin a solid investment? Not sure about crypto in general but expecting Dogecoin to spike again.
I cant say its a solid investment, but if you have some spare money to invest it could have legs in the future. Bitcoin is the better investment in the crypto space, because of its limited supply. Even that is questionable and cryptos are very volatile
Appreciate 0
      10-13-2021, 08:40 PM   #6793
BMW F22
Major General
BMW F22's Avatar
United_States
3562
Rep
9,787
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

Quote:
Originally Posted by antzcrashing View Post
I cant say its a solid investment, but if you have some spare money to invest it could have legs in the future. Bitcoin is the better investment in the crypto space, because of its limited supply. Even that is questionable and cryptos are very volatile
That is something I don’t get: if it’s supposed to be currency of the future, why is it a limited amount? It doesn’t make much sense. That means not everyone can use it.
Appreciate 0
      10-13-2021, 08:42 PM   #6794
BMW F22
Major General
BMW F22's Avatar
United_States
3562
Rep
9,787
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

Quote:
Originally Posted by medphysdave View Post
In my opinion it is not, but I do think it will go up. My limited experience would suggest that doge is better transactional currency. However, something needs to be done to stabilize it's price point for this to occur. No one once to buy doge with a dollar at . 40, only to have it be worth . 20 two days later. Crypto is interesting. Some are value storage and others are banking on utility. In general, the crypto market is in its infancy and only recently coming into public view. As more equity looks to get into this market I think it will lift the entire system. I'm not a fan of Bitcoin, but I believe it's going much much higher than it is today. I'm also not a fan of holding gold. In my view they are the same.
I agree on volatility. Thought many times about jumping into Bitcoin when it dipped in the past year but always caught myself thinking “if I don’t believe in something I shouldn’t invest in it.” It has gone up after every dip though.
Appreciate 0
      11-06-2021, 02:41 PM   #6795
antzcrashing
Brigadier General
antzcrashing's Avatar
United_States
1904
Rep
3,212
Posts

Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA

iTrader: (1)

Garage List
What moves people making of late? I am moving new cash into my brokerage, anticipating a market mini flip-out due to inflation, rising rates, and debt ceiling concerns
Appreciate 0
      11-06-2021, 02:58 PM   #6796
upstatedoc
I'll get back to you
upstatedoc's Avatar
7556
Rep
2,132
Posts

Drives: blue streak
Join Date: Dec 2009
Location: not downstate

iTrader: (2)

Quote:
Originally Posted by antzcrashing View Post
What moves people making of late? I am moving new cash into my brokerage, anticipating a market mini flip-out due to inflation, rising rates, and debt ceiling concerns
I'm moving all my money into gold
__________________
2018 Stinger GT
2009 E90 N51 /Active Autowerke Stage 2 tune/BMW Performance Exhaust/
Countermeasure enthusiast.
Appreciate 1
      11-06-2021, 06:31 PM   #6797
chassis
Colonel
chassis's Avatar
6479
Rep
2,301
Posts

Drives: 9Y0 Cayenne S
Join Date: Mar 2019
Location: Einbahnstraße

iTrader: (0)

Garage List
Debt ceiling is a non-issue.

The 2/10 Treasury spread suggests inflation view is 1%. Most commodities are showing signs of having peaked. I see inflation risk as neutral to slight tailwind. To be clear, prices of goods are not going down. I see lower rates of inflation ahead.

Rising rates will be priced into the market, if they aren't already priced in.

I want to put new money in, but in a holding pattern. After year end earnings I will take a hard look at 1 or 2 problem children in my portfolio. Overall I like my holdings.
Appreciate 0
      11-06-2021, 07:35 PM   #6798
antzcrashing
Brigadier General
antzcrashing's Avatar
United_States
1904
Rep
3,212
Posts

Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA

iTrader: (1)

Garage List
Quote:
Originally Posted by chassis View Post
Debt ceiling is a non-issue.

The 2/10 Treasury spread suggests inflation view is 1%. Most commodities are showing signs of having peaked. I see inflation risk as neutral to slight tailwind. To be clear, prices of goods are not going down. I see lower rates of inflation ahead.

Rising rates will be priced into the market, if they aren't already priced in.

I want to put new money in, but in a holding pattern. After year end earnings I will take a hard look at 1 or 2 problem children in my portfolio. Overall I like my holdings.
So you are in a holding pattern waiting for a pullback, any thoughts on what the catalyst is then if not the things you said are neutral
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:33 AM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST