OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[based mod]

Travel companies and airlines getting hit HARD. I'm still not seeing the correlation between traveling and Brexit. If anything I'm thinking about planning a trip to England now with my greenbacks in tow.

Finish Line in the meantime flourishing with +22%

Hope that's a good sign for NKE come ER

 

[noskey]

My portfolio :x

The market being on sale

 

[Olympus]

Should i just cash out? Down $60, 5 shares of FB and 4 of AAPL.

 

[(*Fin)]

Should i just cash out? Down $60, 5 shares of FB and 4 of AAPL.

Na, you should be buying right now or wait for it to drop more and buy.

 

[Top Boy]

Should i just cash out? Down $60, 5 shares of FB and 4 of AAPL.

Nah fam... Sit on it

Look for good opportunities to buy more, it'll rebound

Doubled down on DUST when it was in the upper $7 range to significantly lower my average.

Lesson learned: Never bet against gold

 

[frankmatthews]

Should i just cash out? Down $60, 5 shares of FB and 4 of AAPL.

Nah fam... Sit on it

Look for good opportunities to buy more, it'll rebound

Doubled down on DUST when it was in the upper $7 range to significantly lower my average.

Lesson learned: Never bet against gold

Wasnt it just a month ago you were asking for books for beginners? Now you giving advice? Chill fam.

 

[Top Boy]

 

 

Should i just cash out? Down $60, 5 shares of FB and 4 of AAPL.

Nah fam... Sit on it

Look for good opportunities to buy more, it'll rebound

Doubled down on DUST when it was in the upper $7 range to significantly lower my average.

Lesson learned: Never bet against gold

Wasnt it just a month ago you were asking for books for beginners? Now you giving advice? Chill fam.

But was it wrong, or are you just looking for ****** to give you reps for a quick jab?

 

[dman14]

buying opportunities or wait? can the markets go any lower?

 

[1 9 9 6]

buying opportunities or wait? can the markets go any lower?

You should always scale into a position in times like this. Say you want to buy 100 shares, pick up 25 now.

Usually a bottom is signaled by high volume capitulation selling, which we haven't seen yet. 

Pay attention to the news coverage over the weekend, because if CNN/CNBC is reporting the end of the world, Monday morning will be a fire drill for dumb money.

The market can always go lower.

 

[frankmatthews]

 

 

Should i just cash out? Down $60, 5 shares of FB and 4 of AAPL.

Nah fam... Sit on it


Look for good opportunities to buy more, it'll rebound


Doubled down on DUST when it was in the upper $7 range to significantly lower my average.


Lesson learned: Never bet against gold

Wasnt it just a month ago you were asking for books for beginners? Now you giving advice? Chill fam.

But was it wrong, or are you just looking for ****** to give you reps for a quick jab?

Wasnt trying to jab at you my man, but its highly irresponsible to be commenting on what folks should do with their investments when you are not well versed in the complexities of the market. Right or wrong is irrelevant, unless you have something concrete to support your statement. I mean, u dont even know his investment objectives.

Additionally i should add if you are coming in this thread asking what to do with your investment you probably shouldnt have gotten into in the first place. Know your exit strategy before you make a purchase.

 

[slighted]

buying opportunities or wait? can the markets go any lower?

No one knows, fam.

It's only been a day since the Brexit vote. Ideal game plan is to wait and see how the next few weeks go.

Regardless, I have dry powder ready to go.

 

[franco23x]

Watched mad money before with the god Jim Cramer

European banks still in dissary

He thinks next week is going to be shaky and now is not the time to get in, especially with so much uncertainty

Plus Spain is having an election next week (monday or tuesday) which can make them leave the EU as well.

 

[slighted]

Can you guys imagine 2 years of this market uncertainty?

UK should really get this exit strategy done ASAP if they're really 'bout it.

 

[Olympus]

Additionally i should add if you are coming in this thread asking what to do with your investment you probably shouldnt have gotten into in the first place. Know your exit strategy before you make a purchase.

I hear you. I did basic research for a minimal understanding and dove in. Taking my lumps for it and deservedly so, but I'm trying to learn from it at the same time.

 

[frankmatthews]

Watched mad money before with the god Jim Cramer

European banks still in dissary

He thinks next week is going to be shaky and now is not the time to get in, especially with so much uncertainty

Plus Spain is having an election next week (monday or tuesday) which can make them leave the EU as well.

Additionally i should add if you are coming in this thread asking what to do with your investment you probably shouldnt have gotten into in the first place. Know your exit strategy before you make a purchase.

I hear you. I did basic research for a minimal understanding and dove in. Taking my lumps for it and deservedly so, but I'm trying to learn from it at the same time.

You can learn without spending money. Don't let the allure of the money cause you make bad decisions. Buying stocks with basic research and minimal understanding is definitely a bad decision. One needs to develop a strategy, backtest it, and proceed with caution from there. Throwing money to the wind will not help you do this. And if you do happen to make money, and it's not a strategy that is repeatable, you'll just loose it back on the next one.

Honestly, unless you have an algorithm, the stock market is one big casino, no matter how much research anyone does.

 

[sole searchin]

Anyone involved with any type of retirement funds? IRAs and in particular with Vanguard?

 

[Top Boy]

Anyone involved with any type of retirement funds? IRAs and in particular with Vanguard?

Got a Roth IRA through my employer, not Vanguard though.

 

[based mod]

Vanguard is good. Low fees expense ratios and no fees for their funds

 

[tennhouse2]

I work for american funds so thats where i have everything

 

[captaincrown3]

My portfolio is taking a beating today much worse than Friday.

 

[penny1folarin]

i got amerifunds

 

[based mod]

My portfolio is taking a beating today much worse than Friday.

I'm scared to even log in man.

If we get another gap down tomorrow, I'm gonna do something rash like go all in on a 3x airline bull ETF

 

[crod6926]

Before I never really understood why people panicked and shorted their stocks when a large dip would occur. However, I realize my ignorance came from not thinking big! as in, I only have a couple hundred dollars in stocks and not thousands. I guess the more money the bigger these economic impacts are felt in the portfolio.

Anyways, been looking hard at INSY, and some cheaper biotech/medical marijuana stocks. Anyone mess with these? When I began investing I was looking at GWPH but didn't want to pull the trigger at 35 dollars, then one night it jumped to 90. That was a deep pain I felt my entire day. If you have any, care to share some info?

 

[Bert.]

Is VGZ worth holding onto or just sell off at the point?

 

[based mod]

Boooo, NKE missed on revs