G
G
Guest
You are mostly right. But still too early to go really big on oil. Oil is at least a year out. If you are young maybe but anybody 55 or older there will be much better opportunities than oil.
If you had $10,000 what stock will you be buying soon?
- Thread starter snobuilder
- Start date
You are mostly right. But still too early to go really big on oil. Oil is at least a year out. If you are young maybe but anybody 55 or older there will be much better opportunities than oil.
snobuilder
Well-known member
Store has been crazy busy.....
how long will this last....????
how long will this last....????
?? I think your numbers are off
Yep!
highhertel
Member
Spxs, tvix, jnug
snobuilder
Well-known member
Store was very busy again today....I think ppl are getting delayed projects done and also like the feeling of a normal day when they come in to buy materials.
Heard it said today that corporations will be remembered for how well they treated their employees during this (manufactured) crisis...if that is true, then the Home depot will be remembered fondly in the markets.
They are backing up there "family values" BIG TIME. Never been prouder to be a part of this BIG corp.
Heard it said today that corporations will be remembered for how well they treated their employees during this (manufactured) crisis...if that is true, then the Home depot will be remembered fondly in the markets.
They are backing up there "family values" BIG TIME. Never been prouder to be a part of this BIG corp.
Haha...so you made 250 on yer 25000 that would of made 2500 at 10%.....what a genius forrest....spend yer 5 tanks of gas wisely o sage....ROTFLMAO
WorkHardPlayHrd
Active member
Let's say he had $100,000 in Chase at the end of December and yanked it. It then dropped over 40%. That's a loss of $40,000. If he had left it in he would be at around $60,000. Sounds like he made a great move. Sell high, buy low. I guarantee you there are a ton of people out there who wish they had handled their money exactly like he did! You will never always hit it perfect, but that was dang close.
To the person with the John Deere post you would have made $21,000. You would have bought about 909 shares at around $110/share. If you had invested $100,000 in $110 calls for 3/27/2020 at $6.7 per call (which means your buying 100 calls at a crack.) If you had sold at $140 you would have made around $400,000, but if the stock had gone down you would have lost every cent!
Work hard play hard....he said regular savings at 1%....that is peanuts....and not a smart move at all...a GIA is last choice at best also but pays 3%...it also is not a smart move ...EXCEPT....you cannot lose anything...and he would of made 3 times the amount doing same thing...to each his own I guess
1% is take 100000 x .01
10% is take 100000 x .1
To make 40,000 you need to take 100,000 x .4 which is 40% profit and that is nearly impossible and unheard of
You stand corrected and he is still forrest
1% is take 100000 x .01
10% is take 100000 x .1
To make 40,000 you need to take 100,000 x .4 which is 40% profit and that is nearly impossible and unheard of
You stand corrected and he is still forrest
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WorkHardPlayHrd
Active member
Don't look at what he would have made between December and the end of February. Look at what he would have lost from mid February on. He decided he was happy with what he had made and got out. Take the profit and run.
Just my .02. If your going to get into buying stock, you need to be in it for the "long term", and Not hoping for "short term" gains. If you have a slush fund and willing to invest it (and keep it there for an extended period), by all means do, but look into companies that have big potential to grow. It's anyone's guess as to when/where the bottom will be - during these times-. Everyone under the sun will look at the big companies like HD, etc., but professional investors have a keen eye for finding the company's getting no press, with potential for big upside over time. Good luck.
Not likely....yesterday I got a dividend check on one account that has 530+ shares...for .277 per share...that's about 150 bucks that your 1% took a year to make 100 bucks more than that....plus on monday I made 17,000 on health stocks....today lost 2000....it just keeps on a goin up dude...that's the advice I am trying to give you posts back....savings account ain't gonna cut it
I did. 
You made a good move, but timing is so speculative. I stayed, I lost.
You made a good move, but timing is so speculative. I stayed, I lost.
We haven't hit the bottom yet. My W.A.G. is that when the virus hits it's peak the market will then stabilize and later still before it starts to grow. Heck, nobody knows.