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Talking stocks, trading, and investing in general

SkinnyGoomba

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Ouch indeed, I was not paying much attention to the stock market today, outside a small bit of buying around lunch. Should have waited on that, better still should have not opened that portfolio! Hah...

I looked a moment ago and my first thought was ...something is not right here! :teach:
 

jbarwick

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I can't tell if I made an idiot move or a good move. I was distracted while contributing to my IRA earlier this week and ended up contributing to my Traditional and not Roth. Not much money but whatever. Well I wanted to buy yesterday but the funds are for some reason on hold in my T-IRA until Tuesday vs. my R-IRA which are immediate.

Seems like all the good deals are really just buying where they were in November. Is that really a good deal?
 

bings

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Anyone buying this dip yet?
it really is interesting. both CDN and US banks have been hits pretty hard this past week or so. I wasnt paying attention back in 07/08 so this is the most notable pull back i have seen.

Chipotle has been hammered as well and i've been wanting to go long on them. I've been rewarded by not doing so though.
 

SkinnyGoomba

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I can't tell if I made an idiot move or a good move. I was distracted while contributing to my IRA earlier this week and ended up contributing to my Traditional and not Roth. Not much money but whatever. Well I wanted to buy yesterday but the funds are for some reason on hold in my T-IRA until Tuesday vs. my R-IRA which are immediate.

Seems like all the good deals are really just buying where they were in November. Is that really a good deal?
I've only been buying things that look like a good deal in and of themselves, not really relative to the market. Mostly stuff that's sitting at 52 weeks lows or significantly off highs that I would like to add in any case.
 

concealed

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it really is interesting. both CDN and US banks have been hits pretty hard this past week or so. I wasnt paying attention back in 07/08 so this is the most notable pull back i have seen.

Chipotle has been hammered as well and i've been wanting to go long on them. I've been rewarded by not doing so though.
i picked some of this up near the $250s and got uber lucky when they announced new CEO, sold half my position and holding the rest for now.
 

venividivicibj

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Think you found out Lawyerdad.
 

lawyerdad

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Pshh. I can't be bothered with rounding error transactions like that.
 

otc

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So I ended up not doing anything about this (other than pulling enough cash to pay my first tuition bill)

I'm thinking about splitting off some of my Wisebanyan roboadvisor account into a lower-risk category.

I'm going to have to pay a whole lot of tuition over the next 3 years, some of which will be coming from ongoing earnings, some coming from investments/savings (not sure that's a meaningful distinction...if I don't pay for it from income, I am paying for it from investments, and if I do pay for it from income, then I am spending money that would have otherwise been invested).

I'm not worried enough about a crash to want to go to cash, but unlike my very long retirement time horizon, the timeline on these expenses is very short. Would suck to have to sell/spend at the bottom of a recession just because that's when the bill is due, but shifting the money to a more conservative profile would give some security.

Will have to think more about whether a separate pool with low risk is a better option than just lowering my average risk on the single pool.
Was feeling a little remorse after the dip since, had I followed the plan, I would have moved a bunch of money out of risky categories sometime in early January.

But at this point, I'm already back to above where I would have cashed out.

Also, I think my GF got super lucky. Got some money to fill out her 2017 roth contributions...and initiated the transfer to wisebanyan right before one of those really bad days. But, thanks our shitty US banking system, the ACH transfer took long enough to clear that she actually ended up in a pretty good place.

She was pissed because she had just put a bunch of money in the market right when she's seeing all of this media coverage about historic drops...and I'm just like "nah babe, I think you're going to be just fine".
 

gettoasty

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Pornstars and Playmates coming out the woodwork against Trump. POTUS going to be impeached and divorced with spouse? How this going to impact his admins short to long-term plans and thusly the market?
 

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