[TheFanatic]

man this went strait into a pissing match the last two pages.

[antzcrashing]

Originally Posted by XKxRome0ox

i bought a few shares in the $200's and $300's so i know his pain
thankfully my average is under $200
i averaged down as much as i could in the past couple of weeks
152 shares ... not sure if I can stomach adding any more to my position

You are in the green right now, what's your move here?

[antzcrashing]

Originally Posted by TheFanatic

man this went strait into a pissing match the last two pages.

Please provide sound financial advice. Let me know which mutual funds, bonds, and annuities to buy to ensure guaranteed wealth in my 35 years to retirement.

[XKxRome0ox]

Originally Posted by antzcrashing

You are in the green right now, what's your move here?

i daytraded shares the past week when it was slowly bouncing up and down to bring down my avg some more.
i sold some shares yesterday and this morning so i can cover a part of my initial buy in

i'm still holding 158 shares at the moment with some limit sells at various price points
when the dust settles, i would not mind buying back in or holding some of the shares

[XKxRome0ox]

Originally Posted by antzcrashing

Please provide sound financial advice. Let me know which mutual funds, bonds, and annuities to buy to ensure guaranteed wealth in my 35 years to retirement.

no financial advice here
we're just sharing our experiences and war stories

[bimmer pleaser V2]

Originally Posted by premier3is

Straw man. 'Fair value' and the stock market being fair is 2 different things. Obviously it's manipulated by the big boys and fundamentals is thrown out the window these days, but thats clearly not what I'm referring to.

What are you referring to? The value of GameStop stock with respect to GameStop business model? The short (no pun intended) answer is: GME is not worth anywhere near $240. But this is not what this is all about. This is day-trading not long term investing.

[antzcrashing]

Originally Posted by XKxRome0ox

no financial advice here
we're just sharing our experiences and war stories

I dont mean to threadjack, but I would like to know what some of these thread complainers would put as sound advice, since they are taking such issue with the war stories and comments here.

Anyway, my war story is bought moderna puts a few days back and made 1400 bucks in 3 days. I also made vix calls which net me over 1000. I lost money on SQQQ puts. Can't win em all. Disclaimer: options are inherently risky, but obviously and your broker agreement would tell you this too, lol. Take your own risks, do separate research blah blah obviously

[Noneya]

Originally Posted by antzcrashing

Please provide sound financial advice. Let me know which mutual funds, bonds, and annuities to buy to ensure guaranteed wealth in my 35 years to retirement.

90% VOO, 5% MUB, and 5% whatever scratches your gambling itch. It's not global variance or tax or dollar optimal, but is going to be miles, sorry, dollars better than almost any other strategy.

[antzcrashing]

Originally Posted by Noneya

90% VOO, 5% MUB, and 5% whatever scratches your gambling itch. It's not global variance or tax or dollar optimal, but is going to be miles, sorry, dollars better than almost any other strategy.

Vanguard S&P500, voo, is a solid stock pick and I own it in my retirement account. Its been up 41% yoy, but in that same timeframe I am up 50% on my portfolio on average, that with only 85% invested (the rest in cash). So in this battle of safe vs 'risky', I am sticking with risky.

[Noneya]

Originally Posted by antzcrashing

Vanguard S&P500, voo, is a solid stock pick and I own it in my retirement account. Its been up 41% yoy, but in that same timeframe I am up 50% on my portfolio on average, that with only 85% invested (the rest in cash). So in this battle of safe vs 'risky', I am sticking with risky.

This is not about variance (what is typically meant by safe vs risky). It's about expected value/winnings.

[NorCalAthlete]

Originally Posted by Noneya

This is not about variance (what is typically meant by safe vs risky). It's about expected value/winnings.

Do you go to casinos and tell the guys at the craps table that they’re idiots for playing?

Do you go hang out at the blackjack table and just constantly say “well, the house always wins eventually!” to every hand?

I mean if you’re only concerned about ratios of portfolios I made it pretty explicitly clear earlier in this thread to not put in anything you’re not willing to light on fire and lose if it goes sideways. I’m not YOLOing 100% of my portfolio on GME. I thought we had all already established that as the baseline of conversation but you don’t seem to have moved beyond it.

[TheFanatic]

Originally Posted by antzcrashing

I dont mean to threadjack, but I would like to know what some of these thread complainers would put as sound advice, since they are taking such issue with the war stories and comments here.

I am not one of the people who came in here and started bitching. This is a discussion forum, for you to think that we all owe you

Originally Posted by antzcrashing

"Please provide sound financial advice. Let me know which mutual funds, bonds, and annuities to buy to ensure guaranteed wealth in my 35 years to retirement."

is stupid.

Do you expect the same from everyone you talk to in real life? It's the stock market, nothing is guaranteed. If you choose to trust what other people are doing on the internet without due diligence than that's on you. Some people make millions and others loose millions.

[Noneya]

Originally Posted by NorCalAthlete

Do you go to casinos and tell the guys at the craps table that they’re idiots for playing?

Do you go hang out at the blackjack table and just constantly say “well, the house always wins eventually!” to every hand?

I mean if you’re only concerned about ratios of portfolios I made it pretty explicitly clear earlier in this thread to not put in anything you’re not willing to light on fire and lose if it goes sideways. I’m not YOLOing 100% of my portfolio on GME. I thought we had all already established that as the baseline of conversation but you don’t seem to have moved beyond it.

They asked for "financial advice" so I gave one. I don't go to casinos, but if I did and someone playing craps asked me for advice, I'd recommend not playing. If someone playing blackjack asked me for advice I'd recommend learning how to count. Hope that helps.

[premier3is]

Originally Posted by bimmer pleaser V2

What are you referring to? The value of GameStop stock with respect to GameStop business model? The short (no pun intended) answer is: GME is not worth anywhere near $240. But this is not what this is all about. This is day-trading not long term investing.

you proved my point. GME is not worth nowhere near its current price. It is gambling, not investing. You also mentioned it is for daytrading and not long term, once again proving my point. We on the same page lol.

That is why I asked what people see in the company originally and not to give me the typical 'Ryan Cohen turned chewy into a multi billion dollar company' bullshit, because those are the long term GME investors I want to hear from to understand what they see in the company.

[jmg]

Originally Posted by Bongoxxx

Anyone else been investing in Lithium?

I figured the “smart” money has been moving into renewable and out of fossil, so starting looking into supply, transmission, storage etc. for electricity.

Switched a good chunk of my portfolio into lithium stocks about a year ago and it’s been a great run. Today was a bit of a bath, but still up significantly.

I invested in LAC awhile ago when it was $5. I'm up 180% now. PLL is one I invested in last year and it's up 97%. Both up over 10% just today but that's just a correction from yesterday.

[premier3is]

Originally Posted by jmg

I invested in LAC awhile ago when it was $5. I'm up 180% now. PLL is one I invested in last year and it's up 97%. Both up over 10% just today but that's just a correction from yesterday.

QS is one I've been hearing a lot about too.

[Bongoxxx]

Originally Posted by jmg

I invested in LAC awhile ago when it was $5. I'm up 180% now. PLL is one I invested in last year and it's up 97%. Both up over 10% just today but that's just a correction from yesterday.

Same, I’m invested in LAC, bought last year in March at around $5.
Also invested in PLL, LTHM, ENPH and ALB - again all invested in March last year.
They all have been great, but PLL has been fantastic for the portfolio

Just checked and they are all up again nicely today.

[2one3E90]

Its pretty simple man. Put your money in Apple, Micorsoft, Oracle, and Chase bank. They always make money for you!

[antzcrashing]

Originally Posted by TheFanatic

I am not one of the people who came in here and started bitching. This is a discussion forum, for you to think that we all owe you

is stupid.

Do you expect the same from everyone you talk to in real life? It's the stock market, nothing is guaranteed. If you choose to trust what other people are doing on the internet without due diligence than that's on you. Some people make millions and others loose millions.

Exactly my point. It is assumed that advice you get from anons on the internet is questionable advice. So you have to do your own do diligence. Everyone knows this. You guys are implying that simply by giving advice (or my people reading that advice) that we are jeopardizing people's savings. The do-your-homework is implied.

[NorCalAthlete]

Not even implied. I was pretty explicit right off the bat. Start at post #133 when this thread got bumped.

[BMW F22]

Hopefully every averaged down on GME and diamond handed it!

[Our03z4]

Bought NIO, LI, TGT and LOGI while on sale last week. Coming back nicely. Also bought VXX today and will do my normal avg down for a quick 10% spike or hold for a hedge if things go south. Sell VXX when stocks are oversold and load up on stocks like the above, rinse and repeat. Going for just 5-10% each time. I do at least 90% gain in account value this way, year after year. I know it isn't crazy gains compared to something like gamestop but it's safer and I don't have to be worried about being locked out by brokers.