Going short. All in

Teflon Don said:
How was today for you?
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Not good, but great for those funds I took out yesterday.

Im in for the long haul so, days like today don't bother me. Especially when they occur the day after I took profits and put them in a safe place.
 
Teflon Don said:
Selling COP one day and buying the next is not fundamental analysis
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You working is not being retired.
If my goal is 10 ish percent capital gains for the year and I get 2 percent in a day or a week I often sell.
I'm buying 100,000 of jpm in the morning, it was down 3 percent today.
I hope I don't own it a year, but I might own it for 10 years
 
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The Dude said:
You working is not being retired.
If my gosling is 10 ish percent capital gains for the year and I get 2 percent in a day or a week I often sell.
I'm buying 100,000 of jpm in the morning, it was down 3 percent today.
I hope I don't own it a year, but I might own it for 10 years
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Too funny. Nothing objective about that at all

BTW I don't buy individual stocks. I buy ETFs so I don't have to bother with fundamental analysis

The difference between you and me is that for some reason you don't understand there is more than one way to invest. I am not saying your way is wrong, but you think it is the only way
 
How can anyone invest in Apple when the company's history was success under Jobs, failure in the 90s without Jobs, and then a decade plus of success after he returned? Isn't that kind of a pattern?
 
Teflon Don said:
Too funny. Nothing objective about that at all

BTW I don't buy individual stocks. I buy ETFs so I don't have to bother with fundamental analysis

The difference between you and me is that for some reason you don't understand there is more than one way to invest. I am not saying your way is wrong, but you think it is the only way
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I understand plenty
I'm just telling you I do what the most successful in vectors do
 
Yeah, I started-up with Scottrade, but then my budget got tighter and I haven't touched it in over a year. All I really did was grab some Starbucks and Microsoft, and then tossed some change at a couple of emerging alt energy companies in the event that either of them went anywhere. One of them, Lime Industries is probably bankrupt by now. Hmm, I'll have to Wiki it to see...
 
Get in and stay in your 401k if you have one, if not Ira. It's like passing up salary of you don't.
Apple is the most profitable company in the world, and it's not close.
They are hated and harsher on, like a celebrity.
Those two you picked are great, add new ones as you go.
I believe in going blue chip like you did
You won't wake up and they are bankrupt
 
Yeah, LOL, I can't find any mention to Lime, so it's probably a goner. I had read a while back that it's executives were at each others throats and the situation was stark.

I have a Roth-IRA account with Northwestern. I also have a program similar to IRAs/Roths called TSP as an Airman. A couple of the indexes are pegged to the performance of the S&P and Nasdaq respectively. I stopped contributions a while back, but I will probably start putting something back into it this summer when I can better afford to. After the military, when I can no longer contribute, I will probably take it and roll it into another Roth account and be able to add to it instead of it being idle.
 
Yeah man, drive a cheaper car go to bars less, Ira can make you wealthy without much pain!
As young as you are, doing an index of the s&p would be a great choice if you don't plan on reading the WSJ daily.
75 percent of fun managers can't beat the index.
 
The Dude said:
Get in and stay in your 401k if you have one, if not Ira. It's like passing up salary of you don't.
Apple is the most profitable company in the world, and it's not close.
They are hated and harsher on, like a celebrity.
Those two you picked are great, add new ones as you go.
I believe in going blue chip like you did
You won't wake up and they are bankrupt
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Your first statement is incorrect. It is only correct if the company matches. There is no match on an IRA. One should be accurate.

As for Apple, nobody denies it is a very profitable company, but right now the market doesn't think it is worth $700 like you did when you bought it. So you are hanging on to paper losses waiting for it to go up. Will it? Maybe, but that money could have been used better elsewhere.

You don't do what the billionaires do or you would be a billionaire. Case close.
 
Teflon Don said:
Your first statement is incorrect. It is only correct if the company matches. There is no match on an IRA. One should be accurate.

As for Apple, nobody denies it is a very profitable company, but right now the market doesn't think it is worth $700 like you did when you bought it. So you are hanging on to paper losses waiting for it to go up. Will it? Maybe, but that money could have been used better elsewhere.

You don't do what the billionaires do or you would be a billionaire. Case close.
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Ira gets you a min 15 percent return or higher if you make any money
And and index fund will average 8 percent that's 22 min
 
The Dude said:
Ira gets you a min 15 percent return or higher if you make any money
And and index fund will average 8 percent that's 22 min
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You don't know what you are talking about

You can't just make a blanket claim that any ole IRA returns 15%. That is idiotic
 
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