Fucking eh'
Shouldn't have some my Chipotle stock. Went in today to pickup a togo order and it is just fucking flooded with nonstop to go orders. There were at least 8 employees there as well.
I hadn't heard this until you posted it here. I'm now nervous about the S&P 500 - it's failed at least twice to break its record price. So I sold a little.You don't sell when the barrier is broken. You sell when it can't break the barrier and is turned back. Once it breaks though, you hold or add if you're aggressive trader because it's likely going even higher on another breakout. This is basic trading 101.
I wouldn't give up on the S&P 500 not breaking through so quick. But if you're nervous or don't have the confidence, it could mean your position size is too large. It's nice to be in the position to take profit. Sometimes we have to actually see the money in order to fully grasp the insane numbers we see on our screen. Enjoy your profit and buy something fun for yourself.I hadn't heard this until you posted it here. I'm now nervous about the S&P 500 - it's failed at least twice to break its record price. So I sold a little.
And this TSLA stock split move up is just a taste to what's to come when the S&P 500 announces TSLA inclusion. That's going to be the mother of all fireworks. Get your sunglasses ready and fasten your seatbelt. TSLA is about to take off to Mars.I literally choked on my coffee when I saw TSLA up another 8% this morning.
Buffett watch. Some very interesting news came out after the close today regarding Warren Buffett and Berkshire Hathaway. Berkshire established brand new position in Barrick Gold (GOLD) worth little over half a billion dollars or 20.9 million shares. This is interesting because Buffett has always been very vocal about his dislike for gold and how he thought gold had no utility. So seeing Berkshire Hathaway take position in gold mining company is like hell froze over IMO. Granted, the purchase could've been done by someone other than Buffett at Berkshire Hathaway but it's still strange to see his company buying stock In gold miner play.
Berkshire also completely sold out its remaining position in Goldman Sachs. And cut its holding in JPMorgan Chase and Wells Fargo by 61% and 26% respectively. JPMorgan and Wells Fargo moves are kind of surprising to me because the size of those reductions. Those are pretty large decreases. These are all super defensive plays and it's clear Buffett sees some rough times and future ahead for the US and possibly the world. It's strange to see him this bearish about the US and the world future.
I sold decent amount of my physical gold and silver holdings early on Monday. Received $32.66 /oz for 1 oz silver eagles. $31.66 /oz for 1 oz silver maples. $29.66 /oz for generic 1 oz silver. $2,065 for 1 oz gold eagle. It was my first sell ever, and I sold to large online dealer in one easy transaction. Hopefully Buffett buying Barrick Gold news will cause further rally in the precious metal space and I can continue to sell off more of my gold and silver.
I have three rounds of options expiring on Friday. I have to get off of my ass and do some research to figure what puts to sell next.
I got lucky with the ABBV. There was some sort of negative buzz surfing the company back then and I was able to sell 75 puts for decent money (ABBV hasn't dropped below 90 in a long time). I'd sell them again but I think at the point they're going to be pretty much worthless.
I don't feel comfortable going out past maybe 10/23. I have BAC puts due in Dec that I'm seriously thinking about buying back. Well, maybe not seriously but I'm toying with the idea.
Holy shit! The retards over at /r/WSB figured out what Elon Musk meant when he tweeted "Tesla stock price too high imo" earlier this year.
You guys remember that tweet? I remember it very well because it happened on Friday which was option expiration day. That tweet tanked TSLA stock price that day and costed me over $70,000 in losses. I was so pissed at Elon for tweeting that I sold all my TSLA trading shares first thing Monday morning in disgust. Well that turned out to be a huge mistake and I ended up buying all the shares back and more at much higher prices. Live and learn. That's not the first time I screwed up by selling TSLA and won't be the last.
Anyway, the autists over at WSB on Reddit figured out that Elon was playing 4D chess. If you look at Elon's tweet, he tweeted TSLA stock price too high on 5/1 at 11:11 am. Well, Elon is in California so he's on Pacific time or 3 hours behind Eastern time. So Elon tweeted that on 5/1 at 8:11 am his time. On 8/11 after the market closed, Tesla announced the 5/1 split. So Elon was hinting that he was going to split TSLA stock and not that the actual price of TSLA stock was too high. 4D chess.
I want to start an investment mix of stocks or ETFs this year to use prior to tapping into my retirement funds. Basically, I want to have the account available in case I need cash, but the real goal is for a bankroll for fun a few years down the road.
What should I be looking at? Should I stick to ETFs or particular stocks in the current market? I previously bought a few stocks, but out of the 2-3 where I've made money, I've had 2-3 positions I ditched with losses. (opportunity cost was worth more than 10-30% losses I faced) Anyhoo...I'm trying to jump in and figure index ETFs or dividend stocks are what I should look at. Any suggestions? I'm going to be continually investing in this account moving forward and have around $10k ready to drop in the market..just trying to decide if I should do it now or save more cash up and hold it for after November.
Dividend stocks and taxable accounts aren't a great combination.I want to start an investment mix of stocks or ETFs this year to use prior to tapping into my retirement funds. Basically, I want to have the account available in case I need cash, but the real goal is for a bankroll for fun a few years down the road.
I'm trying to jump in and figure index ETFs or dividend stocks are what I should look at..and have around $10k ready to drop in the market.
I don't have the cashflow at the moment to max out my Roth and do the savings plans I'm wanting to do. I'm focused all on getting 2 small short term loans paid in full and saving the cash for investments I'll want access to (before I'm 59 1/2).My philosophy:
In the last few years I've recently been at my happy spot where I can safely max out all of our retirement benefits (401k x2, ROTH IRA x2, and an HSA). Then on top of that, I would say my next priority has been monthly consistent contributions to an Index fund for my kid's 529 college savings funds.
After that with some still leftover, I put another dedicated amount (e.g. $200/month) into After-tax normal investment account to Index funds. This is there partway just for my savings pool to increase, but also there as cash to sell if I were ever in a big enough crunch.
With those consistently growing through automatic month-to-month continuous contributions, I then use any of my extra funds for "fun money" to do stuff like individual stocks. As far as which stocks... well, that's one question everyone would love to have the answer to.
I don't have the cashflow at the moment to max out my Roth and do the savings plans I'm wanting to do. I'm focused all on getting 2 small short term loans paid in full and saving the cash for investments I'll want access to (before I'm 59 1/2).
I should have my mortgage paid in full in the next couple of years. Once that goes down, I'm going to have a lot more liquidity from month to month and will have a decent amount of cash to save annually.
Should I throw all my money in the market today or wait? Should I look at index funds or individual stocks? The turmoil and rebound from March until now has me really confused about valuation. Despite what the indexes say, I think we're still down significantly from where we were in February. My guestimate is that the market confidence is about 30%-40% below where it was prior to then...so there's money to be made...but potential for scares and big dips (especially around the election outcome)