DJIA 36KKK!!!

BenfordSlaw

Wow the market is up there these days!  My 401K is looking pretty good!  I might be able to retire early at this rate!  

nolaegghead

Thanks, Obummer!

DMW

Any stock tips on what I should have bought several months ago?

BenfordSlaw

DMW said:

Any stock tips on what I should have bought several months ago?

Something like this?

nolaegghead

I seem to recall that @littlerascal56 would post one of these DJIA threads whenever it was in the news and every single time it would get Nuked.

saluki2007

DMW said:

Any stock tips on what I should have bought several months ago?

Should have bought Tesla about 5 years ago…

TEXASBGE2018

Had a coworker at my last job that had purchased $10k in Apple stock back in 1984. She sold it in 1997 when they almost went bust. 

Buddy and I did the math and with the dividends, and splits had she kept it the whole time it would be worth $2.5M today. She about shat her pants when we told her that.

JohnInCarolina

saluki2007 said:

DMW said:

Any stock tips on what I should have bought several months ago?

Should have bought Tesla about 5 years ago…

Nice pickup.

lkapigian

I bought 50k worth of shares at $250.00 per share way back.. did the same with Yahoo but they changed and cashed out a few years back 

Meatfluencer

Does this mean we can afford meat again? 

saluki2007

Meatfluencer said:

Does this mean we can afford meat again? 

Only if you plan to buy Impossible burgers because it’s all fake money anyways… 

billt01

Get your vaccine 

MRNA

in @ 20

love me some 

SHIBA

Lit

Dont worry this guy has inflation under control. https://m.youtube.com/watch?v=DiBmfcYaBoI

Botch

littlerascal56

Lucky for NOLA, I kept all my money in the market!  Have not drawn anything from my IRA for past 3 years, so it has grown immensely.  Enough that wife quit her job in January, and we upgraded homes.  And still are eating good!
LETS GO BRANDON!  

alaskanassasin

lkapigian said:

I bought 50k worth of shares at $250.00 per share way back.. did the same with Yahoo but they changed and cashed out a few years back 

My goog shares are up 748% wish i had more

Ozzie_Isaac

My dog dropped a perfect hershey kiss today.

JohnInCarolina

Ozzie_Isaac said:

My dog dropped a perfect hershey kiss today.

I bet you could sell that and make some major coin.

Ozzie_Isaac

JohnInCarolina said:

Ozzie_Isaac said:

My dog dropped a perfect hershey kiss today.

I bet you could sell that and make some major coin.

Gonna turn it into my Crypto Coin.  Issuing One Googolpex of coins in phase one.  Just need a name for my coin.

When it takes off, I am sending a Komodo Kamado to everyone with over 30k egghead points.

Lit

Ozzie_Isaac said:

JohnInCarolina said:

Ozzie_Isaac said:

My dog dropped a perfect hershey kiss today.

I bet you could sell that and make some major coin.

Gonna turn it into my Crypto Coin.  Issuing One Googolpex of coins in phase one.  Just need a name for my coin.

When it takes off, I am sending a Komodo Kamado to everyone with over 30k egghead points.

Googocoin

saluki2007

JohnInCarolina said:

Ozzie_Isaac said:

My dog dropped a perfect hershey kiss today.

I bet you could sell that and make some major coin.

NFT that sheet!!!

caliking

If "Let's go, Brandon!" = "Fvck Joe Biden!"...

what does "Let's go, Trump!" mean? Fvck Mitch McConnell?

I can't keep up with Moronese.

RRP

I’ve been a serious investor in the stock market clear back since 1966 (55 years) when I could only afford to invest in 5 or 10 shares of something at a time, but my broker was a kind man who must have understood building on a relationship for the future.

Have I had some losers? HELL YES!,  BUT I have and still own some real winners!

if you are serious about investiing then learn the vital financial stats, besides just looking at back performance and forward predictions.

Just realize you WILL lose and realize you can never be so bright that YOU will beat the timing of the ups and downs! and if you are duped by some crackerjack broker promising you both INSTANT plus GREAT GAINS then grab your funds and RUN for the door! 


I invested for the long haul and (laugh all you want) as I always insisted on taking possession of the actual, beautifully engraved stock certificates to place in my safe deposit box! {Granted that physical possession isn’t an option any more, but  so be it,

INVEST, but carefully…it sure beats the crappy CD rates offered today! MONEY is CHEAP today and financial institutions DON’T NEED it, much less even WANT it!

Having been a bank controller, CFO etc for most of my career I learned very early on that money itself is nothing more than a mere commodity no different than corn, beans, or crude oil….if the marketplace wants it the price goes up, if I not it goes in the crapper!

And as long as money is cheap, save just enough for your rainy day needs, pay off your debts with this cheap money and start investing in the market…SMARTLY though! 

lkapigian

^^^^^this

dbCooper

@RRP provided wisdom that should be helpful to those interested in investing vs. speculating.  Good stuff there.

On the boring side of the coin he mentions having a rainy day fund and dismal CD rates.  If such a fund is part of your portfolio, inflation eating your principal is probably a concern.   Series I Savings Bonds are what I use to help with that.   They are currently paying 7.12%.  Be aware you have to hold them for at least one year before selling.

If you wish to research them the details are here...

https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm

RRP

dbCooper said:

@RRP provided wisdom that should be helpful to those interested in investing vs. speculating.  Good stuff there.

On the boring side of the coin he mentions having a rainy day fund and dismal CD rates.  If such a fund is part of your portfolio, inflation eating your principal is probably a concern.   Series I Savings Bonds are what I use to help with that.   They are currently paying 7.12%.  Be aware you have to hold them for at least one year before selling.

If you wish to research them the details are here...

https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm

While that is a SUPER rate in the current market place the maximum per year that you can buy is $15K.

cookingdude555

Solana

RRP

cookingdude555 said:

Solana

LOL or on the craps table or on a bunch of scratch off lotto tickets!

I knew when I replied about the $15k limitation I might get slammed. but if you read the limitations then that last $5k MUST only be from a tax refund! Kinda puts a different spin on "investing" doesn't it? 

cookingdude555

huh?

RRP

cookingdude555 said:

huh?

Sorry if I offended you, but JUST in case others didn't read the yearly limitations then here they are:

How much in I bonds can I buy for myself? 

In a calendar year, you can acquire:

• up to $10,000 in electronic I bonds in TreasuryDirect
• up to $5,000 in paper I bonds using your federal income tax refund

Two points:

• The limits apply separately, meaning you could acquire up to $15,000 in I bonds in a calendar year
• Bonds you buy for yourself and bonds you receive as gifts or via transfers count toward the limit. Two exceptions:
  • If a bond is transferred to you due to the death of the original owner, the amount doesn't count toward your limit
  • If you own a paper bond issued before 2008, you can convert it to an electronic bond in your account in TreasuryDirect regardless of the amount of the bond. (The annual limit before 2008 was greater than today's limit of $10,000.)

Can I buy I bonds as gifts for others?

Yes.

Electronic bonds: You can buy them as gifts for any TreasuryDirect account holder, including children.

Paper bonds: You can request bonds in the names of others and then, once the bonds are mailed to you, give the bonds as gifts.

How much in I bonds can I buy as gifts?

The purchase amount of a gift bond counts toward the annual limit of the recipient, not the giver. So, in a calendar year, you can buy up to $10,000 in electronic bonds and up to $5,000 in paper bonds for each person you buy for.

I still hope I didn't offend people here, but these bonds with their HIGH interest rate is PROOF POSITIVE how the USA itself reveals what inflation is all about as well as the crappy credit rating is of USA debt paper! Slam me pal, but please think your response through. OK?

Terpderpitude

Let’s Go Brandon!