Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    0% chance
     
    dukebuckeye and Stagger Lee like this.
  2. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Companies that this pandemic directly affects are way up. Companies that are built to thrive during this are down. Is everybody suddenly convinced we’ve overreacted?
     
    texasraider likes this.
  3. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    I was thinking about you on that. I had a buy order in on Schwab at $18.01. The price got down to $17.80 when the circuit broke, but I order never executed. Still have no idea how.
     
    Baseballman86 likes this.
  4. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    May get out after this positive push.
     
  5. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Reeks of market manipulation but people who wrote options co tracts on the fucked companies

    a great day to buy puts if you have money
     
    momux and Baseballman86 like this.
  6. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelseaFormula 1

    So this would have been quite effective.
     
  7. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    We gonna fall off a cliff in the next 4 hrs or rocket up? Staying flat seems like the only thing that can’t happen
     
  8. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    going to have to wait until the parade of cucks is over
     
    Fusiontegra and Baseballman86 like this.
  9. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    the fall off a cliff happens monday
     
  10. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    Bought carnival 3/27 $10 put @ $1
     
    texasraider likes this.
  11. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    bought 3/25 $220 SPY puts @$4.90
     
  12. Drunkle Tom

    Drunkle Tom Well-Known Member
    Donor
    Florida State SeminolesAtlanta BravesAtlanta HawksTennessee TitansNashville PredatorsMiddle Tennessee State Blue RaidersGrateful DeadLiverpool

    Well, we're down 200 points since today's presser started.
     
    Gallant Knight likes this.
  13. Arliden

    Arliden Well-Known Member
    Donor

    Hes just berating reporters at this point.
     
    Bricktop the white likes this.
  14. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    PENN went up 55% this morning on nothing. They have zero revenue right now. Lol.
     
    texasraider likes this.
  15. Arliden

    Arliden Well-Known Member
    Donor

    Keep going up CMG
     
  16. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    Not technically zero since they own a third of barstool and barstool is still making money. Bigly hit to their revenue though obviously.
     
    dukebuckeye likes this.
  17. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    Options trading is going to be a heavy portion of my learning over the next month. I wish I knew more now.....have plenty of cash but am only willing to dip my toe right now.
     
    High Cotton, dukebuckeye and Sportfan like this.
  18. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    Here goes carnival. Trump talking about them now.
     
  19. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Did he just name drop them?
     
  20. Drunkle Tom

    Drunkle Tom Well-Known Member
    Donor
    Florida State SeminolesAtlanta BravesAtlanta HawksTennessee TitansNashville PredatorsMiddle Tennessee State Blue RaidersGrateful DeadLiverpool

    GM gonna get the Trump Bump
     
  21. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    he did. Talked about them offering ships for hospitals. Name dropped the ceo but then said we don’t need the ships right now.
     
  22. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Mickey Arison must’ve bought 30 years worth of stays in Trump properties this week
     
  23. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    their stock bumped a fraction then dropped right back down. Really not much of an effect.
     
  24. Josey Wales

    Josey Wales Well-Known Member
    Donor

    They’re comfortable living on SS and pension, but one of their accounts with stocks they’re being recommended to put half in a money market for the time being.

    Love having to worry about old people in my life both health wise and financially, while Senators are moving around millions of dollars before the corona collapse. What a world.
     
    #13724 Josey Wales, Mar 20, 2020
    Last edited: Mar 20, 2020
    Ty Webb and billdozer like this.
  25. BrickTamland

    BrickTamland You're not Ron...
    Donor
    Florida State Seminoles

    Let’s assume hypothetically I’ve got fifty I’m willing to put into the market. I buy mutual funds, no single stocks.

    Let’s also assume we’re not at the bottom.

    Ten now, then another ten per week for the next month seems to be solid risk mitigation?
     
    High Cotton, momux, Ty Webb and 3 others like this.
  26. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    That’s been my strategy for the past month or so.
     
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  27. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Looks like everyone is getting ready for the weekend
     
    Louis Holth likes this.
  28. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    If they can live off of SS and pension, then any stocks are just gravy and probably for your inheritance.
     
    #13728 billdozer, Mar 20, 2020
    Last edited: Mar 20, 2020
    Josey Wales and construxboy like this.
  29. Arliden

    Arliden Well-Known Member
    Donor

    I might elongate that time frame, tie it to actual bench marks (-30, -40, etc), or reduce the amount ie 2,500 per week for the next 20 weeks instead of 10k for the next 5.

    I think there’s some long term ramifications that haven’t shown themselves in the current prices and may not show up for 3-6 months. Shooting your wad early might not be the best thing.
     
  30. Speirs

    Speirs Of Topmost Class
    Florida Gators

    This is my situation. Why mutual funds over index funds?

    Would like to get some extra cash into the market, but admittedly, I don't know much about it.
     
    Josey Wales likes this.
  31. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Live look at me watching the SPXS chart as everyone gets out of their long positions for the weekend

    [​IMG]
     
    The Banks, momux, letan and 3 others like this.
  32. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Had a little runback there, but headed back up now.
     
  33. BrickTamland

    BrickTamland You're not Ron...
    Donor
    Florida State Seminoles

    You can buy mutual funds that have outperformed the market. Index funds will exactly mirror the market.
     
    Josey Wales and Speirs like this.
  34. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    Also, selling out of stocks at this point is likely not going to save them that much. Might as well let it ride to capture the upside.
     
    Matt Foley, Josey Wales and billdozer like this.
  35. Josey Wales

    Josey Wales Well-Known Member
    Donor

    Obviously a million variables but thank you for the slight peace of mind.
     
    billdozer likes this.
  36. Josey Wales

    Josey Wales Well-Known Member
    Donor

    But even if you slowly add to index funds, you’re capturing the low points, just not gaining as much as a mutual fund they may presumably continue to outperform?
     
  37. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    Is it bad to hold options through the weekend?
     
  38. BrickTamland

    BrickTamland You're not Ron...
    Donor
    Florida State Seminoles

    I understand this to be the case, yes.

    There’s nothing inherently wrong with buying indices. They’re just going to mirror the overall performance of the market, by definition.

    You can choose mutual funds though that have demonstrated higher returns over market averages.
     
    High Cotton, Speirs and Josey Wales like this.
  39. Josey Wales

    Josey Wales Well-Known Member
    Donor

    I had a modest amount of money in savings that I was being chastised for by friends in the market for letting on the sideline. I’d considered doing research and putting some in slowly in January but things up and never did. In hindsight, that was quite fortunate. I’m hoping to be able to make some gains at this point without being too risky.
     
    PAHokie and Speirs like this.
  40. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    Most actively managed funds do not outperform indexes over time. Asset allocation is also important.

    Honestly one of the best options for people looking for active management is probably BRK.B. Has obviously outperformed longterm, is trading at a tremendous discount, and you know Warren is going to pick up some sweetheart deals coming out of this like he did during/after the great recession. He is sitting on a fuckload of cash. My only concern is what happens when he retires/passes. Even then his current portfolio is pretty damn solid.
     
  41. BrickTamland

    BrickTamland You're not Ron...
    Donor
    Florida State Seminoles

    Hasn’t Berk.B been down for a few years?
     
  42. BrickTamland

    BrickTamland You're not Ron...
    Donor
    Florida State Seminoles

    Check that, I haven’t really followed it since the last market downturn, Q4 2018 I think?
     
  43. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    Yes it is down (the entire market is down) - that's why it is a great opportunity. Buffet is sitting on ~$128 billion in cash in the middle of a recession. His management is free. Who do you like better?
     
  44. Ralph

    Ralph Well-Known Member
    Donor

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  45. BrickTamland

    BrickTamland You're not Ron...
    Donor
    Florida State Seminoles

    I'm going to give you a little advice. There's a force in the universe that makes things happen. And all you have to do is get in touch with it, stop thinking, let things happen, and be the ball.
     
  46. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Brk typically does underperform relative to the market in big bull years, right? But they make up the difference in times like right now? That’s what i though I’ve always read anyway
     
    construxboy likes this.
  47. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Clearing firm Ronin Capital unable to meet capital requirements at CME. And so it begins.
    [​IMG]
    https://www.cnbc.com/2020/03/20/cle...meet-capital-requirements-at-cme-sources.html

    'In yet another a sign that the turmoil in financial markets is putting extreme stress on some firms, one of the CME Group’s direct clearing firms was unable to meet its capital requirements, according to sources.

    The move forced the exchange to step in and invoke its emergency protocols to auction off the portfolios. Ronin Capital, based in Chicago, was confirmed to be the firm in question, according to sources.'
     
    HuskerInMiami and Gallant Knight like this.
  48. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Ooooof

    Can’t wait for the r/wallstreetbets post about how they wrote too many calls against the VIX and lost their company over it
     
  49. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Additional sources said Ronin’s problems stemmed from positions in futures tied to the CBOE Volatility Index, or the security that tracks market volatility.
     
    letan likes this.
  50. Wendel Clark

    Wendel Clark Gambling God
    Staff Donor

    Maybe Im crazy, but I think Im going to buy a ton of 3m stock when I think its the lowest.
     
    PAHokie and construxboy like this.