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Investing is So Much Fun... #4298789
03/14/25 04:59 AM
03/14/25 04:59 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
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.

Re: Investing is So Much Fun... [Re: Irishguy] #4298795
03/14/25 05:32 AM
03/14/25 05:32 AM
Joined: Aug 2001
Posts: 72,710
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 72,710
Luverne, AL
Gold just went over $3000.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
Re: Investing is So Much Fun... [Re: Irishguy] #4298798
03/14/25 05:54 AM
03/14/25 05:54 AM
Joined: Mar 2015
Posts: 5,436
FL
mw2015 Offline
12 point
mw2015  Offline
12 point
Joined: Mar 2015
Posts: 5,436
FL
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.


rofl Or at the casino rofl


Michael Warren CPIA Your trusted insurance advisor.
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OUTDOORS/RECREATIONAL HUNTING LEASE LIABILITY(50 STATES) BUSINESS & LIFE INSURANCE IN FL AL & TX
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Agency phone (954)884-8253
Re: Investing is So Much Fun... [Re: Irishguy] #4298805
03/14/25 06:37 AM
03/14/25 06:37 AM
Joined: Apr 2010
Posts: 3,368
leeds,al
G
geeb1 Offline
10 point
geeb1  Offline
10 point
G
Joined: Apr 2010
Posts: 3,368
leeds,al
Been buying, maxed out 2024 Roth and started on 2025 Roth. Have about 8-10 more years before I can retire, so hopefully it pays off.

Re: Investing is So Much Fun... [Re: Irishguy] #4298808
03/14/25 06:48 AM
03/14/25 06:48 AM
Joined: Jan 2015
Posts: 222
Tuscaloosa
Kelly_123 Offline
4 point
Kelly_123  Offline
4 point
Joined: Jan 2015
Posts: 222
Tuscaloosa
have Patience, it will all work out.


If you can't laugh at your mistakes, go home.
Re: Investing is So Much Fun... [Re: Irishguy] #4298812
03/14/25 06:56 AM
03/14/25 06:56 AM
Joined: Aug 2016
Posts: 3,462
IN
P
ParrotHead89 Offline
10 point
ParrotHead89  Offline
10 point
P
Joined: Aug 2016
Posts: 3,462
IN
I turn 55 this summer and going to retire. I have lost over 100,000 in the last several weeks. Like Kelly said I do think it will all work out once Trump gets these other countries and tariffs worked out so its fair to everyone. but still sucks now.

Re: Investing is So Much Fun... [Re: Irishguy] #4298814
03/14/25 07:04 AM
03/14/25 07:04 AM
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
Only down 3000, you are doing great!!!

Re: Investing is So Much Fun... [Re: Irishguy] #4298829
03/14/25 07:50 AM
03/14/25 07:50 AM
Joined: Apr 2020
Posts: 2,699
Greene County, Ala
H
Happysappy Offline
10 point
Happysappy  Offline
10 point
H
Joined: Apr 2020
Posts: 2,699
Greene County, Ala
Patience……..Once the dust settles with Trumps economy, you’ll double your money before he leaves office.


If at first you dont succeed, You may not want to try parachuting
Re: Investing is So Much Fun... [Re: Irishguy] #4298840
03/14/25 08:11 AM
03/14/25 08:11 AM
Joined: Feb 2007
Posts: 22,236
colbert county
cartervj Online content
Freak of Nature
cartervj  Online Content
Freak of Nature
Joined: Feb 2007
Posts: 22,236
colbert county
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.



I see I have your abilities

This time I’m still sitting on my playing money which isn’t much. Been buying pews pews instead

Our portfolio (mostly American funds since we’re close to retirement) I’m scared to look at right now. Took 5 years to get back what we lost last time and what I had was gone. I’m xtremely gun shy


“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] #4298843
03/14/25 08:12 AM
03/14/25 08:12 AM
Joined: Jul 2011
Posts: 37,834
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 37,834
Boxes Cove
I took some profit twice on about 7 different stocks in Jan and Feb . I used that $ to buy more Berkshire Hathaway B shares . I'm up on the Berk B shares I just bought about 5-6%. I did buy some KKR shares yesterday. Last couple of weeks have been rough , not a bad time to buy. Now it's wait on all this tariff dust to settle , making the Trump tax cuts permanent and it should take off . That 401k and IRA $ is always pouring in and the big boys are sitting on the sidelines ready to buy if we don't totally tank.

Wrap your heads around this , Berk is sitting on about 335 billion in cash! They did buy a huge chunk of OXY bout a month ago.

Last edited by 2Dogs; 03/14/25 08:23 AM.


"Why do you ask"?

Always vote the slowest path to socialism.







Re: Investing is So Much Fun... [Re: Irishguy] #4298850
03/14/25 08:18 AM
03/14/25 08:18 AM
Joined: Apr 2000
Posts: 3,900
Camden, AL
S
SwampHunter Offline
10 point
SwampHunter  Offline
10 point
S
Joined: Apr 2000
Posts: 3,900
Camden, AL
I've seen the market drop many many times. It will come back. Trump is causing some hurt right now so we will prosper in the future. Stay the course and don't worry too much about the week to week swings.

Re: Investing is So Much Fun... [Re: Irishguy] #4298852
03/14/25 08:22 AM
03/14/25 08:22 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
I've been buying tech stocks since it hit that huge drop, I don't think it has bottomed out yet, but it is low enough to add some stocks. Yeah, I've lost some money in the past month, I'll gain it and more in 6 months.


“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: Davyalabama] #4298854
03/14/25 08:24 AM
03/14/25 08:24 AM
Joined: Mar 2014
Posts: 2,995
Florida
P
Peach Online content
10 point
Peach  Online Content
10 point
P
Joined: Mar 2014
Posts: 2,995
Florida
Originally Posted by Davyalabama
I've been buying tech stocks since it hit that huge drop, I don't think it has bottomed out yet, but it is low enough to add some stocks. Yeah, I've lost some money in the past month, I'll gain it and more in 6 months.

This

Re: Investing is So Much Fun... [Re: Davyalabama] #4298860
03/14/25 08:29 AM
03/14/25 08:29 AM
Joined: Jul 2011
Posts: 37,834
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 37,834
Boxes Cove
Originally Posted by Davyalabama
I've been buying tech stocks since it hit that huge drop, I don't think it has bottomed out yet, but it is low enough to add some stocks. Yeah, I've lost some money in the past month, I'll gain it and more in 6 months.


thumbup

CRWD and SMCI have bounced back some from their March 10th lows. Progressive Insurance hasn't missed a beat during this down turn, I've had it about two years. It's one of my super stars .

Last edited by 2Dogs; 03/14/25 08:36 AM.


"Why do you ask"?

Always vote the slowest path to socialism.







Re: Investing is So Much Fun... [Re: Irishguy] #4298861
03/14/25 08:30 AM
03/14/25 08:30 AM
Joined: Feb 2007
Posts: 22,236
colbert county
cartervj Online content
Freak of Nature
cartervj  Online Content
Freak of Nature
Joined: Feb 2007
Posts: 22,236
colbert county
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



“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] #4298863
03/14/25 08:40 AM
03/14/25 08:40 AM
Joined: Jul 2010
Posts: 9,865
B'ham
Goatkiller Offline
14 point
Goatkiller  Offline
14 point
Joined: Jul 2010
Posts: 9,865
B'ham
If you retire on a house built of cards that's not anyone else's fault. We all have been saying it for years. The economy has been propped up by massive Governement spending really since Obama. Trump didn't get responsible in his 1st term either.

Retiring under Biden was a decision that you gotta own. Everyone knew it was sketchy.

Hope this market takes a massive dump. America needs it.




No government employees were harmed in the making of this mess.
Re: Investing is So Much Fun... [Re: Irishguy] #4298864
03/14/25 08:41 AM
03/14/25 08:41 AM
Joined: Mar 2005
Posts: 5,062
Bama
B
Bulls eye Offline
12 point
Bulls eye  Offline
12 point
B
Joined: Mar 2005
Posts: 5,062
Bama
Investing, especially in Mutual Funds is a long term process. Im buying as much as I can right now. Prices are low.

Re: Investing is So Much Fun... [Re: Irishguy] #4298877
03/14/25 09:07 AM
03/14/25 09:07 AM
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
It’s all on sale sale right now . Wish I waiting few week to fund my Roth for this yr . But it’s gonna be good after the fear of tariffs goes away . Have patience.


Brushwacker
Re: Investing is So Much Fun... [Re: Irishguy] #4298897
03/14/25 09:41 AM
03/14/25 09:41 AM
Joined: Dec 2002
Posts: 12,663
Kennedy, al
G
globe Offline
Booner
globe  Offline
Booner
G
Joined: Dec 2002
Posts: 12,663
Kennedy, al
Speaking of stocks, I think LKNCY Luckin coffee is going to overtake starbucks in the next 4-5 years. I’ve been watching their stock since early last year. Should have bought at 19.00.
Once they come to the U.S., it’s over for Starbucks imo.



Everything woke turns to shit
Re: Investing is So Much Fun... [Re: Irishguy] #4298906
03/14/25 10:01 AM
03/14/25 10:01 AM
Joined: Feb 2015
Posts: 7,675
Meridianville
DryFire Offline
14 point
DryFire  Offline
14 point
Joined: Feb 2015
Posts: 7,675
Meridianville
With the exception of some "play" money in my 401k, I invested all mine in dividend paying stocks. As long as the check gets written every three months, I no longer care about the stock price.

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