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Talking stocks, trading, and investing in general - Page 113

post #1681 of 4980
Quote:
Originally Posted by mikeman View Post

God, I hate myself for selling my measly 17 shares of AAPL around 350. I thought I learned my lesson about taking profits, then I get screwed! Have you guys all had those shoulda coulda woulda thought about stocks you held?
Also, do you guys think we will see some sort of huge market correction this year?
Also, would it be dumb to start putting like 300 a month back in to Apple, as thats all I can afford for investing? Or should I just/ wait for something else? Part of me feels like Apple can't keep going up at this rate.
Sorry for all the random questions

My shoulda coulda stock was definitely AAPL. I had a chance at around 350 as well, but as an avid apple hater, I didn't want to compromise my personal (irrational) vendetta against Steve Jobs and co. But looking back, definitely should have ate crow and bought the 50k worth of stock. Live and learn, pride is for losers.

I've been feeling a huge market correction, but like idfnl said, its not in the technicals. With the shitstorm in Europe you would thing we'd crash, but its just been going upupup. Perhaps people who were invested into Europe are putting their money into the US.

Ill probably put a small amount (10-15k) into aapl, for a little bit of safeish growth, but Im not expecting a double or anything like that.
post #1682 of 4980
AAPL has been one of my best investments. Bought in at a several levels (85, 150, 250, 315) and have not sold any yet, although i contemplate doing so.
post #1683 of 4980
Quote:
Originally Posted by Saltricks View Post

My shoulda coulda stock was definitely AAPL. I had a chance at around 350 as well, but as an avid apple hater, I didn't want to compromise my personal (irrational) vendetta against Steve Jobs and co. But looking back, definitely should have ate crow and bought the 50k worth of stock. Live and learn, pride is for losers.
I've been feeling a huge market correction, but like idfnl said, its not in the technicals. With the shitstorm in Europe you would thing we'd crash, but its just been going upupup. Perhaps people who were invested into Europe are putting their money into the US.
Ill probably put a small amount (10-15k) into aapl, for a little bit of safeish growth, but Im not expecting a double or anything like that.

My fuckup was at age 17 with $5,000 and MSFT. Could have bought it in 1989 for $0.30 in what is split adjusted for today's price. I'd have been a millionaire at 28 in 2000 selling in the 50's.

The reason the US market is doing well is earnings are good and economic signals are turning up. World economy is a headwind but not enough to derail a move that has been building for years.

If I were you I'd buy the 550 call option for Oct or Jan. Only a $7 premium on share price a few days ago and you'll control 100 shares.
post #1684 of 4980
Thread Starter 
Thanks guys, hearing that you have all made those "mistakes" makes me feel a bit better. I just think about what could have been too much...As you say, "you live and learn".

I honestly only think the market is being help up as it is an election year. I just don't see us staying up with all the world worries. not to mention all of the fricking money printing. I think it was Jim Rogers who said that come 2013-14 we will see some major worries.
post #1685 of 4980
Quote:
Originally Posted by mikeman View Post

Thanks guys, hearing that you have all made those "mistakes" makes me feel a bit better. I just think about what could have been too much...As you say, "you live and learn".
I honestly only think the market is being help up as it is an election year. I just don't see us staying up with all the world worries. not to mention all of the fricking money printing. I think it was Jim Rogers who said that come 2013-14 we will see some major worries.

I dont think its election year per se, more that Obama Romney is a foregone conclusion. Obama will shred him. Market likes certainty, either candidate. And its pretty certain Obama will win.

Re money printing, thats why I am buying GLD with profits.

We hyper leveraged for a while there and we basically bought growth for the next decade during the early Bush years. We will grow at a slower pace as the population has to pay back all that debt it built up turning houses into ATM machines.
post #1686 of 4980
Don't look at the daily PPS. Its meaningless. Do you believe in the science? Do you believe more positive news will be released regarding the other participants? I know the answer is yes. Everybody wants to be a hotshot. They want to say "Hey, I turned 30,000 into 30,000,000 in 6 weeks." Its a cool thing to say, but whats cooler is being able to have seen something in its infancy, invested in it and profitted.
post #1687 of 4980
Quote:
Originally Posted by sns23 View Post

AAPL has been one of my best investments. Bought in at a several levels (85, 150, 250, 315) and have not sold any yet, although i contemplate doing so.

Fuck man, 85. Thats noice. Bought around 230.
post #1688 of 4980
Thread Starter 
I know you guys will probably disagree with me, but I still think silver is a awesome deal. The fundimentals are just awesome. Volatile as hell, but I think it will eventually pay off well.
post #1689 of 4980
Quote:
Originally Posted by mikeman View Post

I know you guys will probably disagree with me, but I still think silver is a awesome deal. The fundimentals are just awesome. Volatile as hell, but I think it will eventually pay off well.

I agree. I think there is run in copper as well. Been thinking about it, a bit tired of paying 160 a share for GLD

Thanks for changing the title, by the way...
post #1690 of 4980
Thread Starter 
Quote:
Originally Posted by idfnl View Post

I agree. I think there is run in copper as well. Been thinking about it, a bit tired of paying 160 a share for GLD
Thanks for changing the title, by the way...

Yeah, I try to buy physical silver, so buying copper would definitely have to be paper contracts. Although, I guess some people do actually buy copper bullion...

As for the title-- not a problem. Hopefully it will bring in more people.

A question that recently came up was "is buying and holding for long long term not a good idea?"
It was just mentioned that will all of the computer trading and economic worries, things just aren't as "stable" as they once were. That being said, if you do hold for long term (10+years), what kind of stocks do you choose?
post #1691 of 4980
Quote:
Originally Posted by idfnl View Post

Fuck man, 85. Thats noice. Bought around 230.

Complete luck in market timing. I started investing in stocks during the mini-crash of 2008. Anything i bought literally at least doubled. But as they say, sometimes it is better to be lucky than good. Turned a modest 5 figure sum as a college student into a nice 6 figure nest egg.
post #1692 of 4980
Quote:
Originally Posted by sns23 View Post

Complete luck in market timing. I started investing in stocks during the mini-crash of 2008. Anything i bought literally at least doubled. But as they say, sometimes it is better to be lucky than good. Turned a modest 5 figure sum as a college student into a nice 6 figure nest egg.

lol same exact thing happened to me. High five.
post #1693 of 4980
Quote:
Originally Posted by mikeman View Post

I know you guys will probably disagree with me, but I still think silver is a awesome deal. The fundimentals are just awesome. Volatile as hell, but I think it will eventually pay off well.

Glad to see you are still stacking Mike. I'm heavily invested in silver bullion as well. I like owning stocks too, but something about silver bullion. I can empty that monster box of Eagles on my bed, then dive into it and roll around in it like Scrooge McDuck.
post #1694 of 4980
I transferred 2000$ to my stock account a month ago and forgot about it.
What do you guys would advise? I know it's a small amount but you got to grind from scratch when you can!
I only have AAPL stocks (12, bought last june) for now :x
post #1695 of 4980
Quote:
Originally Posted by mikeman View Post

God, I hate myself for selling my measly 17 shares of AAPL around 350

That's nothing. I had 1,000 shares at 15 dollars....sold at 18. Never meant to hold it in the first place, was always meant to be a trade, but I still feel bad... considering had I held on over the years...
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