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Off-Topic Stock Market & Crypto Discussion

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Who's mad they sold GME :ROFLMAO: Ride the L all the way to 0 or the W to 400... Not sure what's up with tech stocks... I'm gonna have palpitations by the end of this week
 
Cribby said:
I’m somewhat new to the stock game but it was a blood bath for me the last few trading days.
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Yeah I'm very new as well, and obviously very late. The period between the 'rona crash and now - how did I miss out on this? Regardless - the pain continues for me today. I'm learning lessons the hard way, obviously. I did so much research and fake money investing before jumping in - apparently it was all for nothing. No matter how much I tell myself not to panic at what has happened over the last week - I find that it is really difficult to be disciplined enough to avoid the panic sell. And here I thought I was investing in relatively safe securities LOL.
 
AutoCANE said:
Yeah I'm very new as well, and obviously very late. The period between the 'rona crash and now - how did I miss out on this? Regardless - the pain continues for me today. I'm learning lessons the hard way, obviously. I did so much research and fake money investing before jumping in - apparently it was all for nothing. No matter how much I tell myself not to panic at what has happened over the last week - I find that it is really difficult to be disciplined enough to avoid the panic sell. And here I thought I was investing in relatively safe securities LOL.
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On days like today (and others this week), you can research and do whatever, you're probably going to be in the red. I guess unless you are riding the GME rocketship on relaunch. In any case, it happens and there are days like today. Invest in companies you believe in, diversify, and stay the course.
 
AutoCANE said:
Yeah I'm very new as well, and obviously very late. The period between the 'rona crash and now - how did I miss out on this? Regardless - the pain continues for me today. I'm learning lessons the hard way, obviously. I did so much research and fake money investing before jumping in - apparently it was all for nothing. No matter how much I tell myself not to panic at what has happened over the last week - I find that it is really difficult to be disciplined enough to avoid the panic sell. And here I thought I was investing in relatively safe securities LOL.
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We should be set for life but in my typical form I procrastinated forever about getting in.
 
As long as your portfolio isn't heavy in meme stocks, you're probably going to be just fine in the long run. Remember, it can go up just as fast as it went down, and you don't lose anything unless you sell.
 
George84 said:
As long as your portfolio isn't heavy in meme stocks, you're probably going to be just fine in the long run. Remember, it can go up just as fast as it went down, and you don't lose anything unless you sell.
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Being a total novice - I am steering completely clear of that insanity LOL. Reading WSB is entertaining for sure but those folks literally don't give an F if they lose everything they have. The rush of the potential parabolic gain outweighs the risk for them I guess. I have 4 kids that will likely want to go to college at some point - I don't have that luxury...or the risk tolerance.
 
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AutoCANE said:
Being a total novice - I am steering completely clear of that insanity LOL. Reading WSB is entertaining for sure but those folks literally don't give an F if they lose everything they have. The rush of the potential parabolic gain outweighs the risk for them I guess. I have 4 kids that will likely want to go to college at some point - I don't have that luxury...or the risk tolerance.
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My risk tolerance is not as high as others. To me, and especially in times like this, I think ETFs are your friend. Built in diversification in a variety of ways. In massive growth times they may lag, but there is a bit more peace of mind. Even my whole market and S&P 500 etfs are weighted a little heavy in big tech for my liking right now.

The finance, materials, and dividend ETFs are looking nice for the next little while.
 
Guys, "hold the line." Kidding aside, you really don't want the market going up in a straight line. A little pull back is healthy. I'm taking a little breather and then put all my funds (ETF) back on line here shortly.
 
Check Florida unclaimed property every once in a while. Found 500$ owed to me last week.
 
Bird4um said:
We stilll buying pltr here?
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I held mine from a week or two ago. I need to get more comfortable swing trading and sometimes paying the higher tax rate.

edit - ARK has been LOADING up on it and she is big on them long term.
 
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Rocket seems to have woken up from its slumber... or the public is finally realizing how absurdly low its market cap is for its top line revenue, net income, and yoy growth.
 
wspcane said:
Rocket seems to have woken up from its slumber... or the public is finally realizing how absurdly low its market cap is for its top line revenue, net income, and yoy growth.
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It's been getting pumped by WSB for a few days now due to short interest over 40%.
 
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