Investing General Discussion

Khane

Khane

Got something right about marriage
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Zog said:
Guess you missed this part.

I'm glad you could eventually agree with me and still remain the better of us. It's quite an accomplishment.
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People like you should be ridiculed in this thread, and for good reason. You believe you've cracked the code and give nebulous, factually ignorant advice.

Most of the people in this thread who speculate and trade on the regular are honest about their thought process, the risk and the potential downside.

You, on the other hand, are pretending that institutional investors are fucking robots and don't trade on insider research, information, data, actuarial science, and teams of people modifying their software analysis on a daily basis. It's just psychological breakpoints bros!
 
S

sliverstorm

Trakanon Raider
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Fun fact: Year to date, if you sold SPY on any random day, there is a ~75% chance that you could buy back lower within the next 20 trading days. Those are pretty good odds!

But if you missed and accidentally sold at a local minimum, your average loss from watching the market leave without you would have been -3.8%. Which is basically you subjecting your portfolio to an extra recession year. In 20 days.

Like juggling chainsaws--not impossible, you can see other people do it, but not the type of thing to just hop into without a good sense of the risks, I'd imagine.
 
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Seananigans

Seananigans

Honorary Shit-PhD
<Gold Donor>
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Creslin said:
This actually depends alot on tax implications as mentioned above by a couple guys. Triggering a short term capital gain of 20% on an investment and then buying back in 2-3% lower might very well be worse than holding in the higher brackets.

unless you need the money and really for some reason think the economy is on a long term downswing it is not worth day trading, you will probably lose. Now if you are risk averse and sell high because you get worried and then hold in bonds or something until you feel more financially secure and ready to reinvest, go for it but your timeline if you are timing macro trends should usually imo be intending to exit for a year or so and not look back, not for a week or two.
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Yeah you caught me in the 30 seconds before I edited to add the tax disclaimer.

My reference point also tends to be my 401k where there's no tax implication of moving the money from one thing to another.
 
Khane

Khane

Got something right about marriage
20,328
13,990
The starting and closing tags don't match. I'm never playing your game.
 
Khane

Khane

Got something right about marriage
20,328
13,990
Blazin said:
I fixed it, didn't realize you were a faggotry expert and thought I could slip it by you
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Well at least you realized your mistake and will never question my olympic level understanding of faggotry again.
 
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Foler

The_Black_Log Foler

PalsCo CEO - Stock Pals | Pantheon Pals
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Tmac said:
Blazin Blazin seems to time things quite nicely 😭
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His entry into SNOW was poor and I followed him. Not knocking my boy Blazin Blazin . Just be careful thinking anyone here always bats a 100.
 
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Gravel

Gravel

Mr. Poopybutthole
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It's weird people calling this "Japan's black Monday." Like words don't mean anything anymore.

Markets dropped over 20% in a day on Black Monday. And that's after a fucking brutal week before that.

6% Friday and 6% today is nothing.
 
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