Author Topic: Stocks  (Read 400531 times)

Offline NJNYA

  • DansDeals Copper Elite
  • *
  • Join Date: Nov 2018
  • Posts: 1
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: United States
Re: Stocks
« Reply #3675 on: January 22, 2020, 04:21:49 PM »
Hi all.

I do not know more than the very basics regarding stocks/funds/etfs, etc. For tax purposes I opened and funded a solo 401K. I am looking to split the money between 2-4 stocks/funds/etfs etc. and let it sit for the next 30 years.

I am willing to take moderate risk in exchange for growth.

Looking for some picks.

All suggestions welcome.


Thanks.

Offline Mikeoracle

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2008
  • Posts: 1925
  • Total likes: 26
  • DansDeals.com Hat Tips 4
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Stocks
« Reply #3676 on: January 22, 2020, 05:14:37 PM »
Shorted @ 587.50  (Bought a Jan 31 Put)
I was looking at Puts, the premiums are very expensive. What strike price did you buy?

Offline Scmcodes

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Aug 2014
  • Posts: 420
  • Total likes: 22
  • DansDeals.com Hat Tips 12
    • View Profile
Re: Stocks
« Reply #3677 on: January 22, 2020, 11:18:12 PM »
There is a WhatsApp group with some mentors on it with 20 years of trading experience if anyone is interested

Offline Boruch999

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2014
  • Posts: 1890
  • Total likes: 136
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3678 on: January 23, 2020, 02:10:28 AM »
I was looking at Puts, the premiums are very expensive. What strike price did you buy?

I bought ATM, 587.50 when it was trading at 587.50

Offline ltttc

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: May 2019
  • Posts: 505
  • Total likes: 95
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3679 on: January 23, 2020, 10:17:53 AM »
There is a WhatsApp group with some mentors on it with 20 years of trading experience if anyone is interested
You can also try seekingalpha.com

Offline Mikeoracle

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2008
  • Posts: 1925
  • Total likes: 26
  • DansDeals.com Hat Tips 4
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Stocks
« Reply #3680 on: January 23, 2020, 01:38:46 PM »
I bought ATM, 587.50 when it was trading at 587.50
Whats your exit strategy- waiting for earnings or get out earlier if the price is right?

Offline Boruch999

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2014
  • Posts: 1890
  • Total likes: 136
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3681 on: January 23, 2020, 04:30:47 PM »
Whats your exit strategy- waiting for earnings or get out earlier if the price is right?

Get out pre earnings if price is right, otherwise hope for post earnings decline.

Offline CountValentine

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 8335
  • Total likes: 1750
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #3682 on: January 27, 2020, 11:06:28 AM »
There is always a trigger for a crash.  Coronavirus?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline yos9694

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2012
  • Posts: 867
  • Total likes: 83
  • DansDeals.com Hat Tips 6
  • Gender: Male
    • View Profile
  • Location: Not Brooklyn
Re: Stocks
« Reply #3683 on: January 27, 2020, 11:35:58 AM »
There is always a trigger for a crash.  Coronavirus?

Dow needs to be down 4 digits before the word crash even comes up. You need to readjust your training, Dow is not at 10,000 anymore. Even a 500 point drop is just ~1.7%

Offline CountValentine

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 8335
  • Total likes: 1750
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Stocks
« Reply #3684 on: January 27, 2020, 11:49:20 AM »
Dow needs to be down 4 digits before the word crash even comes up. You need to readjust your training, Dow is not at 10,000 anymore. Even a 500 point drop is just ~1.7%
No one said the DOW is crashing. Many are predicting a crash for sometime now. If one does happen there is always a trigger to point to.

Maybe you need to readjust your reading comprehension?  ;)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Mordyk

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2013
  • Posts: 3193
  • Total likes: 319
  • DansDeals.com Hat Tips 3
  • Gender: Male
    • View Profile
  • Programs: Hilton Diamond, SPG Gold and whatever
Re: Stocks
« Reply #3685 on: January 27, 2020, 12:46:16 PM »
No one said the DOW is crashing. Many are predicting a crash for sometime now. If one does happen there is always a trigger to point to.

Maybe you need to readjust your reading comprehension?  ;)
i imagine that at some point they will be right. but for now they move up their predictions every time they see the market is getting better and better

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8077
  • Total likes: 1905
  • DansDeals.com Hat Tips 10
    • View Profile
  • Location: 770
Re: Stocks
« Reply #3686 on: January 27, 2020, 02:12:07 PM »
Interestingly GDX is down despite GLD being up.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Boruch999

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2014
  • Posts: 1890
  • Total likes: 136
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3687 on: January 27, 2020, 03:53:44 PM »
Get out pre earnings if price is right, otherwise hope for post earnings decline.

Rolled down from 587.5 to 545, reducing my risk by ~60%

Offline ltttc

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: May 2019
  • Posts: 505
  • Total likes: 95
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3688 on: January 27, 2020, 03:58:19 PM »
Hi all.

I do not know more than the very basics regarding stocks/funds/etfs, etc. For tax purposes I opened and funded a solo 401K. I am looking to split the money between 2-4 stocks/funds/etfs etc. and let it sit for the next 30 years.

I am willing to take moderate risk in exchange for growth.

Looking for some picks.

All suggestions welcome.


Thanks.
Wait for May

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8077
  • Total likes: 1905
  • DansDeals.com Hat Tips 10
    • View Profile
  • Location: 770
Re: Stocks
« Reply #3689 on: January 27, 2020, 09:53:56 PM »
Wait for May

Which is when the time tested strategy of "sell in May and go away" might be employed. ;)
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan