930 Forums
=> GENERAL DISCUSSION => Topic started by: hutch on December 04, 2024, 10:14:56 pm
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Dow closed above 45,000 today. It went from 40k to 45 quick!
Obviously when it comes to finance Sidefi is unchallenged but feel free to opine.
Good luck!
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Jan 21
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Wait. What did I win?
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February 32nd.
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Obviously when it comes to finance Sidefi is unchallenged but feel free to opine.
Did someone say opine....
Had to lament yesterday when I looked at some stock I held 2010 and sold for a middling profit
I'd invested $1000 in Netflix at 13 a share
If I'd held until today it'd be worth around $90k
alas
the only saving grace is I bought much bigger amount of BERKSHIRE HATHAWAY in 2005 and still hold today
That made up for it
My advice to anyone is ETFs
If you had picked some plain vanila ones 10 years ago, you would have easily tripled your money if not more
I wouldn't recommend individual stocks or Mutual funds (too much risk/fees/and ETFs typically do better than MFs with almost no fees)
and 401ks....often they suck really bad
if you look at how they work and how much the fees and poor selection have a huge impact on returns
The only people making money in 401ks are financial institutions
the only good thing for most is the automatic pay roll deduction
if your employer does a good match, that does change things, as that can really increase your 'profits'...but again you are in a shitty vehicle with poor options
It's a shame you can't just take that match and invest on your own
although my perspective is from working at SMBs and they rarely match at all
in that case run away and buy an ETF in a Roth IRA....and DON'T LOOK or TOUCH IT for decades
The wild card here is Trump and his team could upturn our economy so badly that it could tank the stock market for a while
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put 25% in dia. put 25% in qqq. put 25% in s+p500. put 25% in russell 2000.
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^sound recommendations
although QQQ/DIA spent a decade (2001-2010) pretty much flat
but if you bought in 2010, you'd be up 800% or more
while not a crypto thread...bitcoin cleared 100k today
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Ok… got a great tip to put all your savings in
The hawk tuah girl has a meme coin!
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If I played fantasy sports -- and I don't and won't -- I'd strongly consider Hawk Tuah Tagovailoa as a team name.
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Assuming it stays down today, longer Dow losing streak since the Carter administration.
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Assuming it stays down today, longer Dow losing streak since the Carter administration.
this story is click bait for those who don't understand markets and math
the blue chips are up by 16% so far this year.
also....Instead, Saglimbene said, the recent losses represents some profit-taking after steep gains in recent weeks.
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Do we need a different thread to predict when it goes back under 40K?
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smart money would be sitting on the sidelines and buying if it goes under 40K
I doubt it will go that low, but stranger things have happened
even with this weeks decline...it's up 12.3% YTD
and we are back to where we were on 11/5
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please tell me when i should start buying again. i think i will put some money in tomorrow.
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please tell me when i should start buying again. i think i will put some money in tomorrow.
not to split hairs here, but sounds like you don't need any help with timing.