Official Investing Thread

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

  1. kinghill

    kinghill Well-Known Member
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami Heat

    When will we see a significant dip in the market? This year right?
     
  2. burnttatertot

    burnttatertot Super Necessary
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    When they raise interest rates I imagine.
     
    NothingIsOT and kinghill like this.
  3. kinghill

    kinghill Well-Known Member
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    Miami HurricanesMiami MarlinsMiami DolphinsMiami Heat

  4. dblplay1212

    dblplay1212 Well-Known Member
    Donor TMB OG
    Alabama Crimson TideNew York YankeesJacksonville JaguarsSneakers

    lol at a substitute teacher buying 6 properties without a loan or help from daddy.
     
  5. dblplay1212

    dblplay1212 Well-Known Member
    Donor TMB OG
    Alabama Crimson TideNew York YankeesJacksonville JaguarsSneakers

    Still laughing at a substitute teacher acquiring 6 properties with cash in a couple years. Even at $30k, that's $180k, more than a substitute teacher makes in a couple years. Come up with a better story.
     
  6. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    I didn’t buy and hold six at once you fucking idiot, also you’re fat.
     
    #25106 Chumbolone, May 4, 2021 at 1:28 AM
    Last edited: May 4, 2021 at 2:17 AM
  7. jorge

    jorge Founder of Post ITT if your team sucks
    Donor
    Penn State Nittany Lions

    Seems like a nerve was struck
     
  8. ohhaithur

    ohhaithur e-Batman
    Donor

    Glad you thought to edit your original diatribe but fyi you can get some good therapists for $5m.

    Between your thirst for approval for being "self-made" and your implosion when rejected by your first woman it might be your best investment ever
     
    dblplay1212, The Blackfish and Tug like this.
  9. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

  10. dukebuckeye

    dukebuckeye P.G.I.T
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    $5mm in properties is cool, but have you ever been in line to wear the Northeast Ohio Arby's Crown? I think not. Peasant.
     
    Hatfield, Bo Pelinis and Tug like this.
  11. BUstang

    BUstang Lawyer

    Made 53% on that RKT trade. AMD not looking so hot.
     
  12. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    It was unnecessary, I don’t need to circle jerk my history in detail like you, Bo, and Lyrtch, but point stands and applies to you as well… it’s easier to rationalize other’s success as a product of privilege bc it makes you feel better about your lack of. It’s cute that you’ve added little addendums to your life story of struggle so you don’t look like a complete buffoon to people who’ve really had it bad.
     
    #25112 Chumbolone, May 4, 2021 at 11:48 AM
    Last edited: May 4, 2021 at 11:53 AM
  13. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Why the FRICK are all my stocks red???

    Also maybe I should have sold DKNG when it was like 70+ a share...
     
    jorge and Tug like this.
  14. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    When is this expected? Last I saw JP said like 2023
     
  15. Arliden

    Arliden Well-Known Member

    Depends on what inflation does the next 6-12 months.
     
    The Hebrew Husker likes this.
  16. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Thanks Biden
     
    The Hebrew Husker likes this.
  17. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    My dad's christmas gift this past year was $500 in Visa gift cards he got from redeeming reward points through his company. I just received the actual gift cards last month. New money haters are furious at my come up.
     
    Smuggy and Tug like this.
  18. Bo Pelinis

    Bo Pelinis WE GO HARD ON EARTH
    Donor TMB OG
    Nebraska CornhuskersBig 8 Conference

    Oh, I've had a wonderfully privileged life. It just irritates me when jackoffs who talk about old money claim self-made status when they don't really know poverty, though. I was poverty adjacent and have never been in here or any other thread talking about bootstrapping myself to my net worth. Because that's preposterous as a white male middle class or up guy who got to go to public school and had parents who would help me out if I failed. And it's what douche bags do.
     
    jorge likes this.
  19. Rusty Shackleford

    Rusty Shackleford Dale 1 - Rats 0
    Donor
    Auburn TigersSan Antonio Spurs

    Any time you drop your salary or net worth in an argument it is generally going to be a bad look.
     
    Corky Bucek, Lyrtch, jorge and 6 others like this.
  20. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    The old money comment was clearly a joke.
    Your use of the term “poverty adjacent” was not. Get a fucking grip.
     
  21. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    I’d buy that narrative if it weren’t for the reaction that burnttatertot elicited for screenshotting his trading account balance… in a thread about trading/investing. He wasn’t in argument with anyone.
     
  22. kinghill

    kinghill Well-Known Member
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    Miami HurricanesMiami MarlinsMiami DolphinsMiami Heat

  23. dukebuckeye

    dukebuckeye P.G.I.T
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    I'm somehow up .3% today. NUE has been a horse for me the past few months
     
    fish likes this.
  24. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Your assumption that people giving you shit aren't successful, whatever your definition of that is, is also very fitting and funny.
     
    and Tug like this.
  25. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    Hardly an assumption to assume what motivates totally well adjusted stable successful people from reacting to a screenshot of a trading account the way they did, overreacting to a less than subtle joke/bit the way they did, then unironically sharing a bullet point narrative of how they were “poor adjacent”, generationally just achieved escape velocity from being poor, etc. to cement their salt of the earth bonafides.

    It is what it is.
     
  26. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    *you made a weird assumption*

    "oh yeah well let me make a bunch more!"
     
  27. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    *Based on evidence itt.

    Why are assumptions okay for you to make?
     
  28. BUstang

    BUstang Lawyer

    Hey guys - we want probably bad stock tips itt not bro bickering. Thanks.
     
  29. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i sold all my ETH at like 2950
     
    kinghill likes this.
  30. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    If you didn’t rotate to commodities/value in the last 12mos, you’re prob better off stashing cash for the crash.
     
  31. Corky Bucek

    Corky Bucek Placeholder for a Custom Title
    Staff Donor TMB OG
    Auburn TigersLos Angeles LakersLos Angeles RamsAnaheim DucksManchester UnitedLos Angeles Angels of AnaheimPoker

    Let’s quit fucking around and skip to posting tax returns.

    Where’s soonergrad when you need him?
     
  32. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    GUSH & VALE
     
  33. burnttatertot

    burnttatertot Super Necessary
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    TDOC down another 3%, I've officially started a position at 156 and some change, if this doesn't pan out I'm holding all of you responsible. Spent 20k today, back in on INTC (trash) and started with some ABNB (also trash).
     
    dukebuckeye likes this.
  34. CaneKnight

    CaneKnight Well-Known Member
    Donor

    I've lost pretty much my entire YTD earnings in a matter of days. Anyone know what's causing this?
     
    Sportfan likes this.
  35. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    you still had earnings to lose?
     
    CaneKnight likes this.
  36. CaneKnight

    CaneKnight Well-Known Member
    Donor

    I was actually doing quite well :laugh:
     
  37. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    Still up like $12.5k this year despite the las month and a half of shit
     
    BUstang and CaneKnight like this.
  38. Struggler

    Struggler Well-Known Member
    Donor
    Ohio State BuckeyesCincinnati RedsCincinnati Bengals

    Shitcoins >E*TRADE >401k >Roth YTD
     
    brolift likes this.
  39. BUstang

    BUstang Lawyer

    I knew I should have bought RKT puts yesterday. $20p up 1000% today.
     
    letan likes this.
  40. Gritty Badger

    Gritty Badger Well-Known Member
    Donor
    Miami HurricanesPhiladelphia PhilliesPhiladelphia 76'ersPhiladelphia EaglesPhiladelphia Flyers

    SNOW getting waxed again
     
  41. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    I got my bonus in March and put a bunch into growth and tech stocks. great timing. That's down like 35% now. My crypto gains offset some, but not all of those losses.

    At least this time I'm holding shares and havent YOLOd into too many options, so I can still recover in the future
     
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  42. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Long live commodities and crypto.
     
    Chumbolone and Hatfield like this.
  43. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    I'm still up 11% for the year, but I'm just a boring index investor for the most part.
     
    kinghill, The Blackfish, fish and 2 others like this.
  44. NothingIsOT

    NothingIsOT Fuller is a sarcastic asshole
    Donor
    Miami DolphinsFlorida PanthersDetroit TigersMiami Heat

    I just don’t get why Viacom isn’t working. It’s at a 10x P/E. Paramount plus had 65% growth.
     
  45. CaneKnight

    CaneKnight Well-Known Member
    Donor

    Sir you mean smart, not boring
     
    dukebuckeye, brolift and billdozer like this.
  46. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    It just was parabolic for like 13 months what more do you want?
     
    Tug likes this.
  47. CaneKnight

    CaneKnight Well-Known Member
    Donor

    Apparently the key is to just ignore your portfolio. Now I'm up a very good amount today. Weird ass market
     
    Sportfan likes this.
  48. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    You make way more money doing nothing than trying to catch bounces and falling knives.
     
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  49. CaneKnight

    CaneKnight Well-Known Member
    Donor

    I mean I've been holding these positions since January. I don't do very much movement except for a separate amount of money I use to chase OTC jackpots.
     
  50. NothingIsOT

    NothingIsOT Fuller is a sarcastic asshole
    Donor
    Miami DolphinsFlorida PanthersDetroit TigersMiami Heat

    What more do I want? For it to go back up?

    I bought it a month ago on the archegos fire sale.