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Re: Investing is So Much Fun... [Re: Irishguy] #4298907
03/14/25 10:08 AM
03/14/25 10:08 AM
Joined: Oct 2017
Posts: 1,412
Georgia
howl Offline
8 point
howl  Offline
8 point
Joined: Oct 2017
Posts: 1,412
Georgia
That's not investing. That's gambling. With those numbers you could have invested in some safe high yield corporate bonds and held pace with the S&P 500.

ETA: I'm guilty also, but I do it with small amounts I don't mind losing. ("Real money" is all bonds and index funds.) Current example is a I bought a ride on Spirit Airlines. .gov barred their attempts to save themselves with merger. So they filed bankruptcy, leaving stockholders with a value of zero.

Last edited by howl; 03/14/25 10:10 AM.
Re: Investing is So Much Fun... [Re: Irishguy] #4298910
03/14/25 10:09 AM
03/14/25 10:09 AM
Joined: Apr 2003
Posts: 3,780
Autaugaville
T
trailertrash Offline
10 point
trailertrash  Offline
10 point
T
Joined: Apr 2003
Posts: 3,780
Autaugaville
My patience keeps remembering 2020 and how Trump allowed Faucci to burn down the economy. Ya'll keep trusting the tarriff riddler, I'll buy gold.


"We aren't here to justify your feelings and give you self worth" - Aldeer Welcome Center
Re: Investing is So Much Fun... [Re: Kelly_123] #4298912
03/14/25 10:16 AM
03/14/25 10:16 AM
Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
Irishguy Offline OP
a.k.a. Dingle Johnson
Irishguy  Offline OP
a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
Originally Posted by Kelly_123
have Patience, it will all work out.



It will. I know. I'm just being funny. I have plenty of money in the market long term in our 401k's and I won't need to touch it until Uncle Sam makes me start taking RMD's, plus We have a bunch of money in high interest CD's that we really don't need to touch either unless we have an emergency, plus we have a bunch of cash just in a high interest savings in case we come across an investment opportunity like some land or a second home.

I just wanted to take a few dollars and play around with it. I just wish I had waited a few weeks before I bought.

Trying to time the stock market is for fools or people who think they are experts.

Re: Investing is So Much Fun... [Re: howl] #4298913
03/14/25 10:18 AM
03/14/25 10:18 AM
Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
Irishguy Offline OP
a.k.a. Dingle Johnson
Irishguy  Offline OP
a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
Originally Posted by howl
That's not investing. That's gambling. With those numbers you could have invested in some safe high yield corporate bonds and held pace with the S&P 500.

ETA: I'm guilty also, but I do it with small amounts I don't mind losing. ("Real money" is all bonds and index funds.) Current example is a I bought a ride on Spirit Airlines. .gov barred their attempts to save themselves with merger. So they filed bankruptcy, leaving stockholders with a value of zero.


Trust me, I'm not worried. I have about many more times that amount in stable investments for long term growth.

Last edited by Irishguy; 03/14/25 10:28 AM.
Re: Investing is So Much Fun... [Re: Ben2] #4298916
03/14/25 10:19 AM
03/14/25 10:19 AM
Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
Irishguy Offline OP
a.k.a. Dingle Johnson
Irishguy  Offline OP
a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
Originally Posted by Ben2
Only down 3000, you are doing great!!!



No that's just a tiny amount that I pulled out to play in the stock market.

Re: Investing is So Much Fun... [Re: Irishguy] #4298925
03/14/25 10:43 AM
03/14/25 10:43 AM
Joined: Jul 2011
Posts: 37,832
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 37,832
Boxes Cove
If you can't pull the trigger on retirement under a bad President , bad economy , you're not positioned well enough to do it at all. Betting on the economy to fail is one thing , hoping it fails is wrong IMO.



"Why do you ask"?

Always vote the slowest path to socialism.







Re: Investing is So Much Fun... [Re: Irishguy] #4298926
03/14/25 10:43 AM
03/14/25 10:43 AM
Joined: Jan 2018
Posts: 5,479
Michigan
S
Sasquatch Lives Offline
12 point
Sasquatch Lives  Offline
12 point
S
Joined: Jan 2018
Posts: 5,479
Michigan
Originally Posted by Irishguy
So for grins and giggles a few weeks ago I decided to do a little investing on the side with some play money. I invested about $20k in:

AMD
Norwegian
SPDR S&P 500
Vanguard S&P 500

If you want any advice on how to turn $20k into $17k really quickly shoot me a PM. grin

The Good Lord is telling me I should have just blown that money on a 250 enduro bike like I wanted to.

Yeah but think of all the medical bill $ you saved by NOT getting that dirt bike.

Re: Investing is So Much Fun... [Re: cartervj] #4298928
03/14/25 10:50 AM
03/14/25 10:50 AM
Joined: Feb 2019
Posts: 5,060
Montgomery,al,usa
Davyalabama Offline
12 point
Davyalabama  Offline
12 point
Joined: Feb 2019
Posts: 5,060
Montgomery,al,usa
Originally Posted by cartervj
I’m get the gist of staying the course but I definitely dislike the buy/drop/comeback phase. You lose time and should count for something



You wouldn't be looking at aldeer for those types of tips. You need a better source than even Chatgpt will give you. You have to know enough about all the thresholds, how to set them up properly using advanced math skills, annnnnndddddddd be in the elite of getting the information before everyone else. Other than that, the stock market is ebs, flows, gains, and drops.


“If you do not conquer self, you will be conquered by self.” Napoleon Hill
The most difficult thing to understand during conversation is silence. Thoreau
Re: Investing is So Much Fun... [Re: Irishguy] #4298938
03/14/25 11:03 AM
03/14/25 11:03 AM
Joined: Jun 2012
Posts: 25,414
Awbarn, AL
CNC Offline
Dances With Weeds
CNC  Offline
Dances With Weeds
Joined: Jun 2012
Posts: 25,414
Awbarn, AL
[Linked Image]


“Buy the ticket, take the ride...And if it occasionally gets a little heavier than what you had in mind….well, maybe chalk it up to forced consciousness expansion…..Tune in, freak out, get beaten”....Hunter S. Thompson
Re: Investing is So Much Fun... [Re: Irishguy] #4298958
03/14/25 11:57 AM
03/14/25 11:57 AM
Joined: Dec 2014
Posts: 8,463
Boaz,AL
CarbonClimber1 Offline
14 point
CarbonClimber1  Offline
14 point
Joined: Dec 2014
Posts: 8,463
Boaz,AL
Well..ima broke piecuh chit🤷🏻


"I dont quit.. And ill fight alone if i have to"
Re: Investing is So Much Fun... [Re: CarbonClimber1] #4298963
03/14/25 12:29 PM
03/14/25 12:29 PM
Joined: Nov 2012
Posts: 1,051
AL
S
sw1002 Offline
6 point
sw1002  Offline
6 point
S
Joined: Nov 2012
Posts: 1,051
AL
Originally Posted by CarbonClimber1
Well..ima broke piecuh chit🤷🏻


Me too bud, but I sure do enjoy this life I have been given

Re: Investing is So Much Fun... [Re: Sasquatch Lives] #4298967
03/14/25 12:39 PM
03/14/25 12:39 PM
Joined: Feb 2007
Posts: 22,229
colbert county
cartervj Offline
Freak of Nature
cartervj  Offline
Freak of Nature
Joined: Feb 2007
Posts: 22,229
colbert county
Originally Posted by Sasquatch Lives
Originally Posted by Irishguy
So for grins and giggles a few weeks ago I decided to do a little investing on the side with some play money. I invested about $20k in:

AMD
Norwegian
SPDR S&P 500
Vanguard S&P 500

If you want any advice on how to turn $20k into $17k really quickly shoot me a PM. grin

The Good Lord is telling me I should have just blown that money on a 250 enduro bike like I wanted to.

Yeah but think of all the medical bill $ you saved by NOT getting that dirt bike.



“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
Re: Investing is So Much Fun... [Re: Irishguy] #4299072
03/14/25 03:53 PM
03/14/25 03:53 PM
Joined: Jan 2013
Posts: 20,077
Pelham
B
Ben2 Offline
Freak of Nature
Ben2  Offline
Freak of Nature
B
Joined: Jan 2013
Posts: 20,077
Pelham
Originally Posted by Irishguy
Originally Posted by Ben2
Only down 3000, you are doing great!!!



No that's just a tiny amount that I pulled out to play in the stock market.

Right but that's better than the 5 digits I am currently down with my play stock matket funds

Last edited by Ben2; 03/14/25 03:54 PM.
Re: Investing is So Much Fun... [Re: Irishguy] #4299077
03/14/25 04:03 PM
03/14/25 04:03 PM
Joined: Jan 2001
Posts: 27,447
Fayetteville TN Via Selma
jawbone Offline
Freak of Nature
jawbone  Offline
Freak of Nature
Joined: Jan 2001
Posts: 27,447
Fayetteville TN Via Selma
I wish I had a chunk to invest right now because I'm positive Trump will get it going in the other direction and some people will make tons of money.


Lord, please help us get our nation straightened out.
Re: Investing is So Much Fun... [Re: Irishguy] #4299125
03/14/25 06:13 PM
03/14/25 06:13 PM
Joined: Jul 2005
Posts: 19,325
Chelsea, AL
straycat Offline
Old Mossy Horns
straycat  Offline
Old Mossy Horns
Joined: Jul 2005
Posts: 19,325
Chelsea, AL
I've missed out on 2 great opportunities because I have a flip that hasn't sold as expected. Misjudged the market or overvalued the end result. Hopefully it'll sell soon. Keep dropping price a little each 30 days and pull then relist it. Not thrilled. Need to recapture my investment to reinvest so I'm stalled.

Last edited by straycat; 03/14/25 06:13 PM.

"The grass withers, the flower fades, But the word of our God stands forever." Isaiah 40:8

"Neither the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt.� Samuel Adams
Re: Investing is So Much Fun... [Re: jawbone] #4299176
03/14/25 07:45 PM
03/14/25 07:45 PM
Joined: Jun 2016
Posts: 1,939
lauderdale co
B
brushwhacker Offline
8 point
brushwhacker  Offline
8 point
B
Joined: Jun 2016
Posts: 1,939
lauderdale co
This


Brushwacker
Re: Investing is So Much Fun... [Re: jawbone] #4299194
03/14/25 08:16 PM
03/14/25 08:16 PM
Joined: Mar 2018
Posts: 11,629
Northwest Bama
R
Ridge Life Offline
Booner
Ridge Life  Offline
Booner
R
Joined: Mar 2018
Posts: 11,629
Northwest Bama
Originally Posted by jawbone
I wish I had a chunk to invest right now because I'm positive Trump will get it going in the other direction and some people will make tons of money.

Where would you throw it?

Re: Investing is So Much Fun... [Re: Irishguy] #4299396
03/15/25 08:11 AM
03/15/25 08:11 AM
Joined: Jan 2015
Posts: 222
Tuscaloosa
Kelly_123 Offline
4 point
Kelly_123  Offline
4 point
Joined: Jan 2015
Posts: 222
Tuscaloosa
I am not a fan of holding individual stocks, got burned bad back in 1987 and now only hold ETF's, CD's, some precious metals and cash.

Moved some stuff around a few weeks ago because when I took a deep dive into the holdings in the mutual funds that I had, many had the same top 7 and I felt it was too overloaded and risky.

It is really hard to get some of the holding information for many of the Mutual funds, so it is one more reason why I switched to ETF's where the holding information is more transparent. I was really too over concentrated in the Mag 7 to suit my personal risk tolerance.

Now days, Tech is the big component. See chart in the link. Ben Carlson also has some reasonable advice that is easy to understand.

top 10 Companies in the S&P 500 over time

The dude that I use for my Retirement funds thought I was a bit spreadsheet crazy, (I am!) saw that I was indeed overleveraged and we made changes to spread out the risk. Is is perfect, heck no, probably a bit less return, however I fell like I am better prepared for the downside than I was before. We simplified the number of ETF's to get a reasonable mix and while still generally 60/40 equities to bonds, the mix is much less concentrated in the Mag 7.

I then made up two portfolios in google finance, one with the holding before and another with the holdings after and the difference is now about $10K, which only means that I lost less than I would have had I not changed up the mix that I had invested in different funds.

I am a huge believer in the ETF's as they have much lower cost and performance is as good or better than mutual funds. To each their own...

Warren Buffet, holding all that cash should be a lesson for all investors to heed.

I do not believe it is over yet and more ups and downs to come before it settles and starts again. Be ready to take advantage if you can....
Stay aware and ready...

Last edited by Kelly_123; 03/15/25 08:16 AM.

If you can't laugh at your mistakes, go home.
Re: Investing is So Much Fun... [Re: Irishguy] #4299406
03/15/25 08:30 AM
03/15/25 08:30 AM
Joined: Jul 2020
Posts: 779
Wilcox County
H
hamma Offline
4 point
hamma  Offline
4 point
H
Joined: Jul 2020
Posts: 779
Wilcox County

I'll take broke & humble instead of being an arrogant bragging punk..

Re: Investing is So Much Fun... [Re: trailertrash] #4299407
03/15/25 08:33 AM
03/15/25 08:33 AM
Joined: Oct 2009
Posts: 6,265
Somewhere in the Milkyway
C
coldtrail Offline
12 point
coldtrail  Offline
12 point
C
Joined: Oct 2009
Posts: 6,265
Somewhere in the Milkyway
Originally Posted by trailertrash
My patience keeps remembering 2020 and how Trump allowed Faucci to burn down the economy. Ya'll keep trusting the tarriff riddler, I'll buy gold.

And it came back


"And the days that I keep my gratitude
Higher than my expectations
Well, I have really good days" Ray Wylie Hubbard
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