Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,620
125,514
Won't surprise me, I think we will see the broad strength morph back into the concentrated strength and I think it's at that point it rolls over. What I'm considering is my ability to time that to eek out that additional gain. It's an issue of $12-20k more gain being possible, which look I'd love to get that just another peg towards goal. There is a danger in trying to get the last 2-3% that part of the rally is lost in one afternoon so it's a tricky one to time.
I don't envy you doing this for a living. As much as I love the market, I don't know that I could just grind on it everyday to feed myself. Its a level of stress I don't want to feel. At least in the business I own, I feel some measure of control. Working for Mr. Market? Fuck that. You are a better man than I.
 

Blazin

Creative Title
<Nazi Janitors>
7,159
36,706
I don't envy you doing this for a living. As much as I love the market, I don't know that I could just grind on it everyday to feed myself. Its a level of stress I don't want to feel. At least in the business I own, I feel some measure of control. Working for Mr. Market? Fuck that. You are a better man than I.
It's not so bad because I have enough wealth for my lifestyle to not feel any pressure from need. If you had to trade a certain return to pay a bill that would be highly stressful. Only thing I can do is fuck this up is destroy capital, under performance is meaningless to my daily life.

We talk about living off 3-4% of a portfolio but have to remember that I could just hide it under a mattress and it would take me 50 years to run out of money . This is important concept and the more its understood the more capital preservation becomes a priority versus people in the building phase.
 
  • 2Like
Reactions: 1 users

Mist

REEEEeyore
<Gold Donor>
31,544
24,164
1737560162118.png
 

Kiroy

Marine Biologist
<Bronze Donator>
35,522
102,787

Ya this is really silly lol - maybe altman broke the singularity and knows he’s going to be able to create infinite resources soon or something. Maybe stargate is really to wall in an unstoppable ai that’s already loose or invest in it’s futuristic ideas and theories. It’s such an odd announcement.
 

Burnem Wizfyre

Log Wizard
12,584
22,185
So PLTR is almost back up to the $80, I bought $10k worth (150 shares) at $66 thinking I should take my tendies at $80 as that’s a good return for a small fish like me who only has $20k total invested not counting retirement.

Am I being retarded?
 

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,620
125,514
So PLTR is almost back up to the $80, I bought $10k worth (150 shares) at $66 thinking I should take my tendies at $80 as that’s a good return for a small fish like me who only has $20k total invested not counting retirement.

Am I being retarded?
I sold my day 1 shares in the mid 50s so my advice is worthless.