Things That Are Bothering You, Got You All Hibbeldy-Jibbeldy, or just downright pissed, RIGHT NOW!

[in stitches]



Lost 4 figures in the market today.
More depressed than pissed

thats the price of being ballin. hopefully you make it back.

 

[OmniscientCause]



Lost 4 figures in the market today.
More depressed than pissed

someone have too much of their portfolio in AAPL?

You investing yourself or with a broker?

 

[Find Finn]



Dang. What happened

He put all his money in Chinese property developers.

 

[JayJay]



Lost 4 figures in the market today.
More depressed than pissed

You win some, you lose some. That's how it goes.

 

[GreenFrog]

Apple raped me with a 10 inch marital aid.

I actually exited my AAPL position weeks ago because I thought they were going to miss earnings.. then I started to find evidence to the contrary and loaded up on shares today before earnings.

Well.. around 4:20 PM EST, I was sitting at my laptop, nervously watching the after hours price movement on AAPL and it would teeter totter between +- a couple bucks.. then all of a sudden, it dropped to -$30.

My heart sank.

It's okay though. I just wanted to win a quick buck by gambling on earnings. I still believe in AAPL so I'll hold onto my shares until year end. If anything, I might pick up more shares tomorrow once the market opens.

But damn..

 

[otc]

well AH numbers are...well...pretty useless.

You don't know how far down it will really open...although buying it seems like it was probably not the best idea. Actually buying it seems like it was a pretty stupid idea.

 

[GreenFrog]

I made a bet. I lost.

Thought the lower iPhones sales was already priced in. Thought China sales of iPhones and the new iPad sales would counteract the lower US iPhone sales.

 

[Piobaire]

So you didn't really lose, you have some unrealized losses. Don't pay that much attention to daily happenings as your portfolio gets bigger. By the time you're my age you'll gain or lose mid five figures on a daily basis if the market is volatile and you'll be going crazy. Do what I do. Put your scheduled deposits into a money market and make a big move a few times a year when you think things are ripe.

 

[GreenFrog]

Yup -- unrealized losses. I always monitor my portfolio daily, at least 30 times a day while at work. It drives me nuts seeing the price movements as you mentioned. My biggest problem is I try to act like a day trader and like to ride out the bumps and take profits whenever.

I need to just stick to long only and fahgettaboutit because it's not good for my emotional health. I almost damn thought I was having a heart attack at 4:29 today right before the earnings released. Every time the AH price changed from green to red or vice versa, I read into it thinking some institutional investor knew something that I didn't and that they were dumping/buying massive shares before other investors reacted. Needless to say, I had around 42 mini-heart attacks watching that damn AH ticker. And then boom, within a second, it went from +$0.48 cents (w/e it was at the time) to -$16.43, to -$24.56, etc.



The EVP on my project told me that he has over a thousand shares in AAPL alone. That's with a diversified portfolio. So he lost 5 figures today alone from AAPL.

My jaw dropped when I heard that. He likes to make fun of me and thinks I own 2 shares of apple, lol.

 

[munchausen]

It's always nice to end a phone call with a business colleague with an exchange of mutual "**** you"'s

 

[OmniscientCause]

Piobaire...I hope that is the case. Your either really old or have a job that pays well enough that allows you to save that much because if the market moves at worst 3% and mid 5 figures being 50k thats doing pretty well...I hope to be in your shoes as well but I really don't see it happening unless I make some moves in my life very very soon.

Ive have a decent chunk of changed with my broker and a decent amount collecting peanuts in a savings account. I think its time to take 10k from that and open an account with someone and do straight index funds and stocks with dividends...not look at it for months at a time. I just need to pick some of each and forecast them for a month or two to see how they do.


I would do this with my broker but he wants me to open an advisor account which would have fees of around 2k a year which I can't afford on my current salary. He would have to make about 8% a year just to break even...hes a good broker but ill take my chances with the index funds.

 

[HRoi]



It's always nice to end a phone call with a business colleague with an exchange of mutual "**** you"'s

i think that when i end about 75% of my business phone calls. i can't say it out loud - major faux pas in our "kind, gentle and respectful" corporate culture. wish i could though

 

[GreenFrog]



It's always nice to end a phone call with a business colleague with an exchange of mutual "**** you"'s

in jest?

 

[Piobaire]



Yup -- unrealized losses. I always monitor my portfolio daily, at least 30 times a day while at work. It drives me nuts seeing the price movements as you mentioned. My biggest problem is I try to act like a day trader and like to ride out the bumps and take profits whenever.

I need to just stick to long only and fahgettaboutit because it's not good for my emotional health. I almost damn thought I was having a heart attack at 4:29 today right before the earnings released. Every time the AH price changed from green to red or vice versa, I read into it thinking some institutional investor knew something that I didn't and that they were dumping/buying massive shares before other investors reacted. Needless to say, I had around 42 mini-heart attacks watching that damn AH ticker. And then boom, within a second, it went from +$0.48 cents (w/e it was at the time) to -$16.43, to -$24.56, etc.



The EVP on my project told me that he has over a thousand shares in AAPL alone. That's with a diversified portfolio. So he lost 5 figures today alone from AAPL.

My jaw dropped when I heard that. He likes to make fun of me and thinks I own 2 shares of apple, lol.

You can rest easy. They all know something you I both do not.

 

[munchausen]



in jest?

No. In all seriousness. Well, I wasn't serious about it being nice. It sucks.