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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
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Old 07-01-2020, 05:36 PM   #5566
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Old 07-01-2020, 05:50 PM   #5567
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Demonpenz View Post
I have lost on all my investments ever.
Go with mutual funds. AKREX,HGICX, QQQE. Takes the worry away because some other jerk is managing your money but he gets paid for doing that.
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Old 07-01-2020, 05:52 PM   #5568
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by rydogg58 View Post
I think it was Lewdog that talked about this a few pages back and it sort of made sense for me. You are essentially buying the stock for the same value no matter the price. And if someone is willing to buy Amazon for $2000 then they will buy it at $5000.
OK but I don't agree. If the stock is at 2500 and it goes to a 100/1 split it just makes sense people are going to bail in on Amazon at $25 /share and everybody that got the split gets to enjoy the ride back to 2500 times 100
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Old 07-01-2020, 06:25 PM   #5569
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I have lost on all my investments ever.
You should change your strategy to short selling.
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Old 07-01-2020, 06:38 PM   #5570
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Probably a little late in the year to do this but I went ahead and implemented the "Dogs of the Dow" strategy this morning. Of course all 10 stocks I bought went down.
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Old 07-01-2020, 07:38 PM   #5571
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Originally Posted by petegz28 View Post
Probably a little late in the year to do this but I went ahead and implemented the "Dogs of the Dow" strategy this morning. Of course all 10 stocks I bought went down.
And that is why they are the dogs of the Dow.

I'm not quite sold on the strategy though I've talked to people who have done that.
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Old 07-01-2020, 07:53 PM   #5572
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And that is why they are the dogs of the Dow.

I'm not quite sold on the strategy though I've talked to people who have done that.
It's been rather proven. I think you have to let it play out to so the dividends can play a big part. I should have done it in January.
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Old 07-02-2020, 05:59 AM   #5573
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Originally Posted by petegz28 View Post
It's been rather proven. I think you have to let it play out to so the dividends can play a big part. I should have done it in January.
Yes I've seen some data on it, I guess it's just not for me is all.

Good luck with it though.
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Old 07-02-2020, 11:12 AM   #5574
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Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%

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Opening up too fast/too early might make a bad situation worse. I don't expect to see an economic recovery for a very long time.
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You will be very wrong once again. We will see a powerful "V" shaped recovery in spite of you and all the Dems hoping things stay shitty until the election.
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Old 07-02-2020, 11:21 AM   #5575
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DOCU is up another 9% today. TSLA is killin it as well.
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Old 07-02-2020, 11:52 AM   #5576
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Old 07-02-2020, 03:29 PM   #5577
Hog's Gone Fishin Hog's Gone Fishin is offline
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DOCU is up another 9% today. TSLA is killin it as well.
I went ahead and bought it on the open. 20 shares and am up 198 Bucks. Prepare for the crash now. It's what I do.
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Old 07-03-2020, 01:59 PM   #5578
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Old 07-03-2020, 02:48 PM   #5579
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Bought my first home. I got a 2.5% mortgage rate on a 30 year fixed conventional and a 5K first time home buyer grant which I can apply to down payment or closing costs. Boom boom pow.
But why the mult?
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Old 07-03-2020, 04:54 PM   #5580
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Bought my first home. I got a 2.5% mortgage rate on a 30 year fixed conventional and a 5K first time home buyer grant which I can apply to down payment or closing costs. Boom boom pow.
How do you go about getting the 5K first time grant?
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