bimmerpost/
BMW M2 and 2-Series Coupe
BMW Garage BMW Meets Register Today's Posts
home
BIMMERPOST Universal Forums Off-Topic Discussions Board

Post Reply
 
Thread Tools Search this Thread
      12-04-2020, 07:38 PM   #2663
NeverL8
Captain
NeverL8's Avatar
527
Rep
743
Posts

Drives: Slow
Join Date: Mar 2017
Location: SD

iTrader: (0)

Quote:
Originally Posted by Littlebear View Post
So how did you all do who sold before the election?

Murf
I did pretty good! I closed all my positions before election and bought back in after. Up 33% for whole portfolio since then. Thanks to EVs and Tesla Ofcourse
Appreciate 0
      12-04-2020, 08:21 PM   #2664
Littlebear
Banned
United_States
3521
Rep
2,044
Posts

Drives: ...the Mods crazy.
Join Date: Oct 2017
Location: Not here, apparently....

iTrader: (2)

Quote:
Originally Posted by TheRussski View Post
I did pretty good! I closed all my positions before election and bought back in after. Up 33% for whole portfolio since then. Thanks to EVs and Tesla Ofcourse
Good for you, Russski!
I asked the experts on this board in June if I should sell my Tesla, and they said yes!
F-me, I did.

Murf

PS: Anyway, I went a little conservative, but rode it out, and +++ (Moderna!)
Wall St. finds a way to deal with politics, and thus make $$.

Last edited by Littlebear; 12-04-2020 at 08:29 PM..
Appreciate 1
      12-05-2020, 09:16 AM   #2665
NeverL8
Captain
NeverL8's Avatar
527
Rep
743
Posts

Drives: Slow
Join Date: Mar 2017
Location: SD

iTrader: (0)

Quote:
Originally Posted by Littlebear View Post
Good for you, Russski!
I asked the experts on this board in June if I should sell my Tesla, and they said yes!
F-me, I did.

Murf

PS: Anyway, I went a little conservative, but rode it out, and +++ (Moderna!)
Wall St. finds a way to deal with politics, and thus make $$.
Same “experts” were probably saying Tesla is trash when it was at $10 a share years back
Appreciate 2
      12-05-2020, 09:39 AM   #2666
vreihen16
Recovering Perfectionist
vreihen16's Avatar
20970
Rep
1,016
Posts

Drives: BMW-less :(
Join Date: Jun 2019
Location: Orange County, NY

iTrader: (0)

Garage List
My 401(k) is up about 20% since election day. My brokerage account, not so much...but still positive for the same period.

On the bright side, my "net financial assets" went from below zero to +$46K since 11/2019. With only $48K left on our mortgage, I am on target to be 100% debt-free by the end of 2024.....
__________________
Currently BMW-less.
Appreciate 6
      12-05-2020, 02:00 PM   #2667
overfreeze
Banned
169
Rep
91
Posts

Drives: 18' BSM M4 ZCP
Join Date: Dec 2019
Location: Seattle

iTrader: (1)

Quote:
Originally Posted by overfreeze View Post
You guys should look into $SE. They destroyed their Q1 earnings report and are aggressively growing their E-Commerce platform in new emerging markets (SE Asia and Latin America). Lots of room to grow and are heavily diversified between E-Commerce, Digital Entertainment, and E-Payments. This could be a good stock to diversify your portfolio with all the manipulation that is going on in the US right now...
Quote:
Originally Posted by overfreeze View Post
I hope y'all bought in. It's still not too late... So much potential here.
Appreciate 0
      12-05-2020, 06:34 PM   #2668
iminhell1
C2H5OH
iminhell1's Avatar
United_States
4055
Rep
2,150
Posts

Drives: 2010 SG 135i auto
Join Date: May 2015
Location: Darwin, MN

iTrader: (1)

$50,000/$3.91 (REML price on 07/30/20) = 12,787 shares

12,787 x $5.68 = $72,630.16

$72,630 - $50,000 = $22,630 profit in 5 months ; a 45% profit
Appreciate 1
vreihen1620970.00
      12-05-2020, 07:07 PM   #2669
Joekerr
Banned
7922
Rep
1,923
Posts

Drives: 2017 Audi S6
Join Date: Jan 2008
Location: Toronto, ON

iTrader: (0)

Quote:
Originally Posted by iminhell1 View Post
$50,000/$3.91 (REML price on 07/30/20) = 12,787 shares

12,787 x $5.68 = $72,630.16

$72,630 - $50,000 = $22,630 profit in 5 months ; a 45% profit
$50,000 on Black at the casino. About the same odds if you are going to do a single stock bet like above. Only you have a 100% return if you get it right.
Appreciate 2
premier3is1649.50
slcook541868.00
      12-06-2020, 02:31 AM   #2670
premier3is
Major
premier3is's Avatar
1650
Rep
1,011
Posts

Drives: 2019 BMW 330i M-Sport
Join Date: Jul 2019
Location: CA

iTrader: (0)

Quote:
Originally Posted by Joekerr View Post
Quote:
Originally Posted by iminhell1 View Post
$50,000/$3.91 (REML price on 07/30/20) = 12,787 shares

12,787 x $5.68 = $72,630.16

$72,630 - $50,000 = $22,630 profit in 5 months ; a 45% profit
$50,000 on Black at the casino. About the same odds if you are going to do a single stock bet like above. Only you have a 100% return if you get it right.
I'll take my odds on black lol
Appreciate 0
      12-06-2020, 05:11 PM   #2671
Dlpfcb
Captain
489
Rep
646
Posts

Drives: AW E92 M3
Join Date: Aug 2017
Location: Idaho

iTrader: (1)

Can you guys point me to a a couple stocks as I am very new to this. I'm NOT looking at 50k. I am just gonna put 1k in and add funds over time. Any stocks you would pick up right now. I know its not a lot but as I said I'm a newbie at this and not gonna risk a ton of money right now. I'm ok with long term waiting on hoping a stock grows or even some lower priced ones that may have hopes. Thanks guys.
Appreciate 0
      12-06-2020, 10:06 PM   #2672
NorCalAthlete
Lieutenant Colonel
NorCalAthlete's Avatar
3302
Rep
1,683
Posts

Drives: '23 M4CX - Tanzanite / Tartufo
Join Date: Aug 2014
Location: Bay Area, CA

iTrader: (0)

Quote:
Originally Posted by Dlpfcb View Post
Can you guys point me to a a couple stocks as I am very new to this. I'm NOT looking at 50k. I am just gonna put 1k in and add funds over time. Any stocks you would pick up right now. I know its not a lot but as I said I'm a newbie at this and not gonna risk a ton of money right now. I'm ok with long term waiting on hoping a stock grows or even some lower priced ones that may have hopes. Thanks guys.
SPYG then probably. Or something similar.
Appreciate 1
vreihen1620970.00
      12-07-2020, 08:17 AM   #2673
Dlpfcb
Captain
489
Rep
646
Posts

Drives: AW E92 M3
Join Date: Aug 2017
Location: Idaho

iTrader: (1)

Quote:
Originally Posted by NorCalAthlete View Post
SPYG then probably. Or something similar.
Thanks I will take a look at it.
Appreciate 0
      12-07-2020, 09:51 AM   #2674
vreihen16
Recovering Perfectionist
vreihen16's Avatar
20970
Rep
1,016
Posts

Drives: BMW-less :(
Join Date: Jun 2019
Location: Orange County, NY

iTrader: (0)

Garage List
Quote:
Originally Posted by NorCalAthlete View Post
SPYG then probably. Or something similar.
Yup. It seems the most common investment advice for newbies is to buy an index fund that mirrors the S&P 500.....
__________________
Currently BMW-less.
Appreciate 0
      12-07-2020, 12:01 PM   #2675
FCobra94
Guest
0
Rep
n/a
Posts

Drives:


SPYG is lame, go VGT instead...if you're gonna be invested in those top ~10 holdings anyway, go full boat to maximize the gains:
https://www.askfinny.com/compare/VGT-vs-SPYG
Appreciate 0
      12-07-2020, 12:11 PM   #2676
corn18
Captain
corn18's Avatar
1723
Rep
618
Posts

Drives: 2020 X3 M40i
Join Date: Jul 2019
Location: SW OH

iTrader: (0)

Garage List
2014 Jeep Wrangler 2D  [0.00]
2015 Chevy 2500HD  [0.00]
2015 Z4  [0.00]
2020 X3 M40i  [0.00]
Quote:
Originally Posted by Dlpfcb View Post
Can you guys point me to a a couple stocks as I am very new to this. I'm NOT looking at 50k. I am just gonna put 1k in and add funds over time. Any stocks you would pick up right now. I know its not a lot but as I said I'm a newbie at this and not gonna risk a ton of money right now. I'm ok with long term waiting on hoping a stock grows or even some lower priced ones that may have hopes. Thanks guys.
The best way is to not ask complete strangers on the internet.
__________________
stultorum criminis reus erit
Appreciate 3
vreihen1620970.00
premier3is1649.50
      12-07-2020, 12:15 PM   #2677
NorCalAthlete
Lieutenant Colonel
NorCalAthlete's Avatar
3302
Rep
1,683
Posts

Drives: '23 M4CX - Tanzanite / Tartufo
Join Date: Aug 2014
Location: Bay Area, CA

iTrader: (0)

Quote:
Originally Posted by FCobra94 View Post
SPYG is lame, go VGT instead...if you're gonna be invested in those top ~10 holdings anyway, go full boat to maximize the gains:
https://www.askfinny.com/compare/VGT-vs-SPYG
Didn't know about VGT, thanks for the heads up. Yeah looks like the better bet then.
Appreciate 1
      12-07-2020, 03:48 PM   #2678
Habs11
Private First Class
United_States
162
Rep
181
Posts

Drives: 2015 X5 35i
Join Date: May 2017
Location: Rochester, NY

iTrader: (0)

Quote:
Originally Posted by TheRussski View Post
I love Tesla! I keep buying more and more shares...should see over $500+ next week woohooo!!!
....... and $600 . . . . .
Appreciate 0
      12-07-2020, 03:57 PM   #2679
Habs11
Private First Class
United_States
162
Rep
181
Posts

Drives: 2015 X5 35i
Join Date: May 2017
Location: Rochester, NY

iTrader: (0)

Quote:
Originally Posted by kb2wji View Post
It took me a long time, but I've read this entire thread. I admit I skimmed through much of the specific stock price replies, but there was a ton of useful info, so thank you all who contributed!

Anyone care to give me a critique on what i'm working with? I'll be collecting a pension in another 15 years (68-75% of my salary depending on how long I stay). I also started a 457b (it's like a 401k for gov't employees - my employer does not match anything). I contribute a few hundred / month to it and I have Nationwide manage it. They charge me 1% / year but the way I look at it they are probably 1% better at this stuff than I am so why not.

Here's where I may take a beating from you guys... Approximately 30% of my total investing is in cryptocurrencies. 70ish % of which is in Litecoin, Bitcoin and Ethereum - with about 30% in about a dozen different "alts". I've been in the crypto market about 5 years now and i'm just shy of doubling my total investment.

The way I see it, i've got a long way until I retire. I have a pension and a 457b that are quite safe (slow and steady wins the race?). Since I have a minimum 15-20 working years left I figured the high risk stuff like crypto may pay off. Time will tell. What do you guys think?

Do you have a choice at managers for your 457B - 1% is too high. That will cost you over $100K by the time you retire.

Pensions are solid. Rare these days but it's worth more than most people think.

Way too high in crypto (IMO). Even if it's fun money investing I'd cut back and invest in larger tech.
Appreciate 1
      12-07-2020, 04:42 PM   #2680
kb2wji
Private
186
Rep
90
Posts

Drives: '11 128 convertible 6MT
Join Date: Oct 2017
Location: Chattanooga TN

iTrader: (0)

Quote:
Originally Posted by Habs11 View Post
Quote:
Originally Posted by kb2wji View Post
It took me a long time, but I've read this entire thread. I admit I skimmed through much of the specific stock price replies, but there was a ton of useful info, so thank you all who contributed!

Anyone care to give me a critique on what i'm working with? I'll be collecting a pension in another 15 years (68-75% of my salary depending on how long I stay). I also started a 457b (it's like a 401k for gov't employees - my employer does not match anything). I contribute a few hundred / month to it and I have Nationwide manage it. They charge me 1% / year but the way I look at it they are probably 1% better at this stuff than I am so why not.

Here's where I may take a beating from you guys... Approximately 30% of my total investing is in cryptocurrencies. 70ish % of which is in Litecoin, Bitcoin and Ethereum - with about 30% in about a dozen different "alts". I've been in the crypto market about 5 years now and i'm just shy of doubling my total investment.

The way I see it, i've got a long way until I retire. I have a pension and a 457b that are quite safe (slow and steady wins the race?). Since I have a minimum 15-20 working years left I figured the high risk stuff like crypto may pay off. Time will tell. What do you guys think?

Do you have a choice at managers for your 457B - 1% is too high. That will cost you over $100K by the time you retire.

Pensions are solid. Rare these days but it's worth more than most people think.

Way too high in crypto (IMO). Even if it's fun money investing I'd cut back and invest in larger tech.
thanks for the input - I do hate the fee. Adds up fast. My 457 options are 1% to have them manage it or I do it myself for free. I'm really going to consider doing that. I initially figured that they would do a 1% per year better job than I could although my return for the past year has been roughly 7%. In this market 7% is absolutely unacceptable. Luckily my crypto is just shy of 350% now Of course I could lose all that by dinner
Appreciate 0
      12-07-2020, 04:59 PM   #2681
NeverL8
Captain
NeverL8's Avatar
527
Rep
743
Posts

Drives: Slow
Join Date: Mar 2017
Location: SD

iTrader: (0)

Quote:
Originally Posted by Habs11 View Post
....... and $600 . . . . .
....and $648.


Who was the dude here that kept calling Tesla a trash stock?
Appreciate 0
      12-07-2020, 05:33 PM   #2682
e90335e36m3
M3
1437
Rep
725
Posts

Drives: M3s
Join Date: Nov 2013
Location: Earth

iTrader: (4)

I'm up $55K since March, primarily trading and cost averaging on AAPL, VTI and VOO. I'm not a trader/risk taker so I take small gains and selling, a small profit here and there has added up. I'm all in right now, so will have to cost average down with margin from this point forward, looking to take some principal out by EOY, however.
Appreciate 1
      12-07-2020, 05:51 PM   #2683
corn18
Captain
corn18's Avatar
1723
Rep
618
Posts

Drives: 2020 X3 M40i
Join Date: Jul 2019
Location: SW OH

iTrader: (0)

Garage List
2014 Jeep Wrangler 2D  [0.00]
2015 Chevy 2500HD  [0.00]
2015 Z4  [0.00]
2020 X3 M40i  [0.00]
I'm up $188k since Mar doing absolutely nothing. I do know a guy who is up $3M on TSLA and AMD.
__________________
stultorum criminis reus erit
Appreciate 1
      12-07-2020, 06:39 PM   #2684
FCobra94
Guest
0
Rep
n/a
Posts

Drives:


Quote:
Originally Posted by corn18 View Post
I'm up $188k since Mar doing absolutely nothing.
Correct me if I'm wrong, but aren't you fairly well aged?

I imagine the later in life you are, the more you've accumulated, the more you have invested, the higher the gains you'll see during market upswings, etc.
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 01:31 AM.




g87
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST