Stock Market

81 · June 2013

rick1zoo2 · June 2013

81 wrote:

can't eat that, you'd crack your teeth

81 · June 2013

81 wrote:

JOEJOEJOE wrote:

I put some more dough in the market a few months ago......not gonna pull it out simply becuase there is a bit of a downturn happening.

Any guesses on gold's floor?......may buy some long term options, but it seems risky at the moment.

my buy target was 1250, but after this last week, i may need to drop that a little. i definatly want to buy some coins or bars.

and it's below my target price today...wow....with the way it has been falling....think i'll continue to wait

81 · June 2013

could it fall to $600????

PJ_Soul · June 2013

81 wrote:

could it fall to $600????

What's it at now? $1235 or something? Dropped $35 in a day?? ... With a continued relatively fast fall like this, the fall could stop abruptly, and the increase can happen just as fast. Gambling is scary. Have fun!

81 · June 2013

PJ_Soul wrote:

81 wrote:

could it fall to $600????

What's it at now? $1235 or something? Dropped $35 in a day?? ... With a continued relatively fast fall like this, the fall could stop abruptly, and the increase can happen just as fast. Gambling is scary. Have fun!

was up to 1800....and if you look at the price over the past 20 years...it rocketed up from mid hundreds at the begining of the financial mess to 1800 and is now crashing back down...currently in the low 1200's. i would NOT be shocked by 600....not one bit.

i wouldn't call gold or the stock market gambling....but if you want...you can...either way...it's not scary. i've got a nice chunk of money in the market and sleep great even with the wild swings over the last few weeks.

PJ_Soul · June 2013

81 wrote:

PJ_Soul wrote:

81 wrote:

could it fall to $600????

What's it at now? $1235 or something? Dropped $35 in a day?? ... With a continued relatively fast fall like this, the fall could stop abruptly, and the increase can happen just as fast. Gambling is scary. Have fun!

was up to 1800....and if you look at the price over the past 20 years...it rocketed up from mid hundreds at the begining of the financial mess to 1800 and is now crashing back down...currently in the low 1200's. i would NOT be shocked by 600....not one bit.

i wouldn't call gold or the stock market gambling....but if you want...you can...either way...it's not scary. i've got a nice chunk of money in the market and sleep great even with the wild swings over the last few weeks.

I absolutely think it's gambling (by definition), and scary, like all gambling for me, because I can't afford to lose any money.... Even just your first post in this thread scared the shit out of me.

dankind · June 2013

PJ_Soul wrote:

81 wrote:

PJ_Soul wrote:

What's it at now? $1235 or something? Dropped $35 in a day?? ... With a continued relatively fast fall like this, the fall could stop abruptly, and the increase can happen just as fast. Gambling is scary. Have fun!

was up to 1800....and if you look at the price over the past 20 years...it rocketed up from mid hundreds at the begining of the financial mess to 1800 and is now crashing back down...currently in the low 1200's. i would NOT be shocked by 600....not one bit.

i wouldn't call gold or the stock market gambling....but if you want...you can...either way...it's not scary. i've got a nice chunk of money in the market and sleep great even with the wild swings over the last few weeks.

I absolutely think it's gambling (by definition), and scary, like all gambling for me, because I can't afford to lose any money.... Even just your first post in this thread scared the shit out of me.

Yeah, gambling can sometimes be a friendly wager. With the stock market, for the most part, you're investing in shares of a corporation that likely engages in at least one of the following practices:

pollutes the earth;
poisons our food supply;
exacerbates poor health conditions;
has absolutely no qualms whatsoever about nearly destroying the financial foundation of the nation;
has absolutely no qualms about mass layoffs following a single bad conference call/board meeting;
buys politicians so that it can continue to get away with its shit.

And I work in the middle of it all. Ain't I lucky? God bless America.

(Note: It's an incomplete list above, but I'm sure I got enough of these :roll: by now.)

81 · July 2013

any good investing forums....guessing they are full of shit and anger...but i'd be curious to take a look

81 · July 2013

and just like that...

i'm hitting a new personal all time high in my account.

beating the S&P500 by a point

i like it.

PJ_Soul · July 2013

81 wrote:

and just like that...

i'm hitting a new personal all time high in my account.

beating the S&P500 by a point

i like it.

Nice!

Just read that Target is opening another 30 stores across Canada....

unlost dogs · July 2013

I should pay much more attention to this.

RKCNDY · July 2013

unlost dogs wrote:

I should pay much more attention to this.

meh... I had an S&P500 sweep fund account...cashed it out after it kept losing money.

81 · July 2013

RKCNDY wrote:

unlost dogs wrote:

I should pay much more attention to this.

meh... I had an S&P500 sweep fund account...cashed it out after it kept losing money.

gotta stick it out.

people were freaking last week when the market crapped down it's leg.

even going back to the market crash of 08 or whatever year it was. it sucked, but i rode it out, collected my dividends and kept on trucking

RFTC · July 2013

nice bounce back and possibly just in time for my cashing out a chunk of ira to fund a business start up. god i hope i am doing the right thing...

81 · July 2013

RFTC wrote:

nice bounce back and possibly just in time for my cashing out a chunk of ira to fund a business start up. god i hope i am doing the right thing...

good luck!!!!!!

81 · July 2013

:shock:

PJ_Soul · July 2013

81 wrote:

:shock:

Uh oh...

81 · July 2013

PJ_Soul wrote:

81 wrote:

:shock:

Uh oh...

good day..passed a milestone in my self managed account. kind of cool...hopefully it stays above that threshold...and i can move onto the next target.

SPEEDY MCCREADY · July 2013

81 wrote:

PJ_Soul wrote:

81 wrote:

:shock:

Uh oh...

good day..passed a milestone in my self managed account. kind of cool...hopefully it stays above that threshold...and i can move onto the next target.

So 4 months ago I was making 8-10%.
Now I am making 1-2%.

WTF AM I DOING WRONG????

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