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Dog-faced pony soldier
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DOW sucks eggs today
Down 320 points? F*ck!
Glad I don't hold index shares. Some of my stuff is taking a hit today, but overall I think it'll be fine. Mostly energy company stuff, some tech. I bet Wayne's kicking himself for not holding those short positions for a few more days. ![]()
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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Glad I'm holding AAPL...
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techweenie | techweenie.com Marketing Consultant (expensive!) 1969 coupe hot rod 2016 Tesla Model S dd/parts fetcher |
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Too big to fail
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I sold off everything not in my IRA back in May, all I'm holding right now is PNIS, on which I have a long position.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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Oh, are your PNIS holdings up today?
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techweenie | techweenie.com Marketing Consultant (expensive!) 1969 coupe hot rod 2016 Tesla Model S dd/parts fetcher |
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Too big to fail
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I wish - more like PG-9.5...
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Dog-faced pony soldier
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That ain't bad if it's girth.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Everyone of my funds is down, alot. I think riight now I've lost all my gains for the last six months.
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Hugh |
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Checking your stocks every day is like telling time with the second hand. Relax.
Jim
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down to jap bikes that run and a dead Norton |
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Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
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Not checking your stocks every day (or every hour, or minute, depending on what you own) is like driving with tape over your oil pressure gauge! Just as you want to keep an eye on how your motor is running, so too should you want to be keeping on eye on how your investments are doing. How much you check does depend on exactly what you own, why you bought what you own and what parameters you are watching for that will make you decide to sell what you own. For some investment portfolios, checking once a month might be fine, for others, watching every trade, might be the appropriate action. |
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only stocks I have are what TIAA-CREF has invested in for my retirement. My 911 is my nestegg.
If we can keep down these engine block eggs we'll be sitting pretty... |
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Join Date: Jun 2005
Location: Hamburg & Vancouver
Posts: 7,693
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Only shares I own are Porsche and Apple. I said this before in another thread - but there is much to be said for buying shares in companies whose products you enjoy and in which you believe.
Just think for example, of all of the boomers that will retire in the next few years. First they'll switch from PC's (which they had to use at work) to Apple. And then they'll buy a Porsche. It may be a Cayenne. It may be a Cayman. It may even be a Boxster. But it will be a Porsche. And please: before you flame me check out what these two stocks have done in the past two years.
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_____________________ These are my principles. If you don't like them, I have others.—Groucho Marx |
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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And I hear that Thom's shares are due for a major correction. Something about overstating assets and performance...
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
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Friends of Warren
Join Date: Feb 2004
Location: Surrey, UK
Posts: 3,133
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I trade the markets for a living....
My personal savings are either in cash (CDs), real estate or with professionals. I believe the mkts are fairly efficient. If not in a trading room you are the last one to know the news. You should make money investing in stocks unless you are not good or unlucky. By investing in stocks you are taking a risk and markets reward risk with return. If your return are very good you are either lucky or are takin excessive (as in high, not too high) risk. Trading your own portfolio is addictive, stressful and dangerous as the stop loss limits are always larger than the taking profit levels.... |
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