Oh, I think I'm doing pretty good. At least that's what my account gains tell me.
God, that guy is such a fucking clown.
I get more from the trades he hints he'd make...and he's paid for himself many times over already in those. The research does help.
But according to Blazin, no one listening to Cramer will ever be successful. I forgot how condescending people used to be on this board.
We haven't seen much of that yet, honestly(obviously surcharges and shit have gone up for stuff like fuel). It's mostly just coming in the form of capped capacities. I'm not saying that price increases won't eventually happen, but UPS and FEDEX actually end up keeping each other in check fairly well, since they know a major shipper can take their business to the other if prices get too insane(also, since Amazon has started to handle a ton of their own last-mile, that's adding yet another wrinkle).end result will be price increases to compensate across the industry. Or that is my take.
All this Cramer and Lee talk. Buncha simpletons around here. I miss when we shared tweets from investment visionaries like Dave Portnoy. Oh how this place has gone astray.
Did you buy SPIR last week at $9 when I told you it was about to short squeeze? It hit $19.50 yesterday on the squeeze.I'd listen to our 3 pros over just about any talking head or sub service
Is this the Finance thread, or screenshots. No one cares.So we can ignore you, post action alerts directly, and save ourselves a layer of interpretation?
Prolly the best advice you have ever posted
Are we in a bull market?Portfolio +1.58% today. Aint gonna lie, it feels good.
Right when CNBC said that LUV reported that covid was having declining negative effects, I bought every recovery play I could. So 2.48% for me today. I don't like buying in premarket, but I did. It was my second best day in the last two months. JETS went up in a straight line.Portfolio +1.58% today. Aint gonna lie, it feels good.
Are we in a bull market?
Pure genius with just a tiny bit of help from my uncle J "Money" Powell
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I fucking hope the gubmint shuts down and we slam downward 15% or 20%. I will be like a fat kid in a candy store with dad's credit card.Some of the bears are out in full effect saying a shutdown would tank the market.
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Will another government shutdown hurt the stock market?
Goldman Sachs just crunched some numbers on the potential impact to stocks from another government shutdown. Should you be worried?finance.yahoo.com
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Always look at beta and drawdowns. Absolutely nothing wrong with market beating you for a period but only if you took less than market risk. Maximum draw down vs market, vol vs the market. That is what is a fair comparison. When I'm ahead of the market it's normally a signal for me to reevaulate that I may be taking too much risk. My goal is always to maximize return while also controlling and limiting drawdown. Vanguard use to have a tool that showed you historical returns for hypothetical portfolios of different allocations, and studying that can help a person learn their individual risk tolerance.Oh so we are playing the whip it out game, huh?
I would have beat you butFogel shamed me into overpaying for SPACs that were dogs and ended up tanking my returns. Thats my story and I am sticking to it.
Seriously though, I will gladly take 30%/year for the rest of my life.
edit: I just realized I failed to beat the S&P 500. My only thought is those periods I was holding too much cash cost me returns. Timing the market is for fools, or so they say. Shame on me. I have to remember to never let my cash be sitting idle.
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Did you buy SPIR last week at $9 when I told you it was about to short squeeze? It hit $19.50 yesterday on the squeeze.
Thank you for the info. We just aquired another company and have 3 more acquisitions in the pipe so its looking more than likely my time is going to be crushed. Better than 50/50 I end up taking my cash position and stuffing it into FTEC or something similar and auto-pilot my accounts for a good while. I am having less and less time at work and my days are getting longer and longer.Always look at beta and drawdowns. Absolutely nothing wrong with market beating you for a period but only if you took less than market risk. Maximum draw down vs market, vol vs the market. That is what is a fair comparison. When I'm ahead of the market it's normally a signal for me to reevaulate that I may be taking too much risk. My goal is always to maximize return while also controlling and limiting drawdown. Vanguard use to have a tool that showed you historical returns for hypothetical portfolios of different allocations, and studying that can help a person learn their individual risk tolerance.
For example just asking people to pick from the following just arbitrarily:
4% return 7% max drawdown
6% return 10% max drawdown
12% return 35% max drawdown
15% return 60% max drawdown
I know I'm a turtle not a hare, so I try to build a portfolio that gets me the maximum return I can while not exceeding the max drawdown I'm comfortable with. Sometimes that means a good bit of exposure and at other times really cutting back. The challenge is learning how to feather that accelerator and break successfully.