Who wants to post their daily portfolio performance? Trying to comprehend how it's so exiting to be in the red. Normally the 3 main posters are chirping like birds and dancing like little girls. Road to anywhere, is talking about selling off his losing account to go QQQ and VOO, that speaks volumes about this thread. This is more fun than watching the 3 stooges.
According to zuckthecuck I entered the market last year. How do I screenshot a Schwab account to show performance to date.
Who said anything about losing? The point of this thread is to invest long term, something that is anathema to you. Most of the stocks I own are already industry leaders. The rest are bets on promising futures. I am aiming for simplicity so I can spend more time with my family. Probably a foreign concept to you, as meaningless one night stands are not exactly conducive to that. Watching paint dry is more fun than that drek, so have at it.
Hey asshole... send me your username and password.. I’ll post it for everyone Do it in the next hour tho I’m busy (Watch how he’s ACTUALLY gonna do it)
Maybe you fellers can see a little green for a day or 2. Inflation numbers spooked the markets, the 10 year yield is spiking, next up is interest thingy. The premium on S&P puts are exploding " if any of you know what that actually means" Buy the dip boys, to da moon. Maybe we will see more than 3 people start posting in this very popular thread.
Gee....I can read between the lines and see that everyone is having fun today. You guys would be a lot better off if you did not FEED THE TROLL. There is a good reason for the "ignore" button.
I am off to a rehearsal so I will check in with the markets today when I get back. Speaking of music...two good shows this weekend....both little road trips......one about 120 miles away and the other about 60 miles away. They should pay for our food for the rest of the month. With our kids grown we eat out every day.
And a fun day it was... The market taking a dive, not surprisingly, as there’s such great volatility and fear around the world quite frankly, what with the civil unrest in Israel, the high taxation fears, unemployment increase, asset/product shortages and inflated rates across the board. Yes, I am HAPPY that the market is FINALLY recognizing REALITY. IT SHOULD. I quite frankly am more worried about our world today than I was at this time last year. Thank you Wall Street for reflecting LIFE more or less accurately.
Despite my sedentary, boring, approach to investing, there are times when I feel I should pay attention to what is going on. Even my approach requires input every once in a long while. This is not one of those times. I am here for entertainment and to learn what I have been doing wrong all these years.
Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining https://www.marketwatch.com/story/t...ted-due-to-energy-usage-of-mining-11620858326 And so the realization that this is all bullshit has begun
I'm in the same boat Captain. " I welcome the red" is a new term in the investment world " unless I'm playing the put side" I have never heard a longterm investor coin the phrase before. Just a week ago, these fellers were posting daily gains and comparing those to the S&P, made me proud of them. NOW, even zuckthecuck is preaching the "glad I'm down today/this week phrase". I must admit,its a little confusing, maybe I have been wrong all these years. I am glad to see you become more active in this thread, it was down to a couple regulars, I was getting concerned. With the buy n hold mentality dying out with the BUFFETTS and MUNGERS and most going to trading and crypto, it seemed like a fish out of water. Thanks for the entertainment. Buy high, hope for lower. GOTCHA.
hey ASSHOLE Your ship is sinking not even 10 hrs after you posted your blather You know back where I come from, if you gave someone wrong information about a horse you’d be sleeping with some vital organs in your mouth right about now... Lucky for you there’s not much to cut
I mean I’m serious this jerkoff comes here from his moms basement and literally TRASHES over everyone here and spreads misinformation. I do believe that there are innocent investors that take him at his word. You don’t do that in a place that aggregates such credible information... W really puts his heart into this and mr numbnuts comes here and pisses all over his Cheerios The amount of disrespect is staggering
A VERY smart little article. Opinion: This selloff in tech is irrational — even more so than last year’s climb https://www.marketwatch.com/story/t...an-last-years-climb-11620846928?siteid=yhoof2 (BOLD is my opinion OR what I consider important content) "The past 14 months have generated some of the wildest market swings that many investors can remember. As the U.S. all but shut down in March 2020 over COVID-19, the Dow Jones Industrial Average DJIA, -1.99% plunged 6,400 points, or roughly 26%, in barely four trading days. Perhaps more shocking was the meteoric rise that followed. The entire tech industry swelled as the FAANG names along with Microsof t MSFT, -2.94%, Tesla TSLA, -4.42%, Zoom ZM, -3.51% and others shot far higher than pre-pandemic levels well before investors were anything but certain about the long-term certainty of the economy. Despite limited company guidance, it quickly became evident that tech had a far more robust immune response to COVID-19 than the economy. Fast forward to May of 2021. The retracements in tech have felt almost as dramatic, with indexes like the PHLX Semiconductor Index SOX, -4.20% showing semiconductors entering correction territory. In addition, many tech names that rose rapidly throughout the pandemic have fallen well below their highs in the fall of 2020, including Zoom (roughly 40%), Twilio TWLO, -3.19% (roughly 40%), Tesla (roughly 30%), AMD AMD, -2.85% (roughly 20%) and Netflix NFLX, -2.04% (about 10%). The oddest thing, though, isn’t the fall. It is the meteoric rise that took place in the middle of the pandemic. When the economy was being propped up by stimulus and recessionary monetary policy, it was no secret that the U.S. government was printing extraordinary amounts of money, or that inflation would be a risk, or that our debt was going to soon exceed our national GDP. These indicators were clear as day–all you had to do was look. Now it seems we are finally in the late innings of the pandemic. More than half of Americans have received at least one dose of a COVID vaccine. We see hospitality, travel, retail, schools and offices starting to reopen. Unemployment is quickly dropping and has returned to a more manageable 6.1%, and we have arguably more demand for labor than we can fill. Tech, too, is arguably doing better than ever, with big names reporting their best results in years. Apple’s AAPL, -2.49% most recent quarter may be its best in its history. Microsoft had its largest year-over-year revenue growth in percentage terms since 2018. Qualcomm QCOM, -2.92%, AMD, Amazon AMZN, -2.23% and Alphabet (Google’s parent) GOOG, -3.02% GOOGL, -3.08% all blew out expectations, while NVIDIA raised its guidance just ahead of earnings. Furthermore, there is little indication based upon what company executives are saying that the demand for tech will slow anytime soon. With growth for semiconductors, PCs, Cloud, AI, 5G, and electric vehicles all robust, it’s hard to suggest a selloff is a sign that investors are being forward-looking. Yet tech now finds itself under pressure in favor of names in retail, energy, real estate and other sectorsas well as in cryptocurrencies. Cathie Wood’s high-profile ARK Innovation Fund ARKK, -3.73% has seen its value fall around 35% from its February high (although the fund is still well higher over 12 months). She recently said she now expects a return of 25% to 30% as a result of the recent fall in prices. Over the next 12 to 24 months, tech is almost certain to outperform value. The pullback wasn’t logical based upon current or future performance. This presents an opportunity for investors to consider that names like Microsoft, NVIDIA NVDA, -3.83% and Apple, which have outperformed throughout the pandemic and show little indication of tapering, and should yield outsized returns versus value and rotation plays. Also, stay-at-home tech names like Zoom have significant upside based upon recent retracements. Zoom’s business growth may level-off slightly from triple-digit-percent year-over-year growth, but the remote-work trend that caught fire during COVID isn’t going away. It’s easy to get caught up in the emotional fall of tech and the headlines that ensue, but tech hasn’t fallen. Tech will continue to perform. As a society, we are committed to it. It influences our work and our personal lives. This attachment to tech will drive even more need for chips, devices, cloud, AI, and connectivity, and this is why it isn’t hard to make this call, even in a dark moment for tech. As the market rose, some pundits liked to call it a rational exuberance– excitement about where the market is heading and a willingness to look past the cataclysmic events of March 2020. Now, as it falls, it is nothing but an irrational retracement of such exuberance that arguably sent stocks far higher than they ever should have gone amid the pandemic. That required a pullback and consolidation to pave the way for another run for tech names." MY COMMENT There is BENEFIT to owning the greatest business names in the world. There is a REASON that companies like....Microsoft, Google, Apple, Amazon.....are WAY OVERWEIGHT in the SP500. It is because these are the most DOMINANT companies in the American business environment.
