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MathTeacher
(@mathteacher)
1,000+ posts Member

My fastest appreciating asset over the past two years is an 11-year-old car.

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Posted : June 23, 2022 4:08 am
FL/GA, ncsudirtman, Brad Ott and 1 people liked
Skeeter1996
(@skeeter1996)
1,000+ posts Member

@norman-oklahoma you can investigate a horses past performance and judge his completion pretty easily.  He's probably already raced the other horses before. Betting on horse racing is a lot less speculating than playing the stock market. I have a friend who hangs out in bars a lot. I don't think he even graduated from high school. He can pick the winning horse everytime or determine when when it's too close to call.

 

 

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Posted : June 23, 2022 7:19 am
Bill93
(@bill93)
5,000+ posts Member
Posted by: @skeeter1996

can investigate a horses past performance and judge his completion pretty easily.

That's part of what you do with stocks, plus looking at current market and economic conditions and their projections.

The horse's past performance doesn't take into account any recent injuries, being off his feed, or random conditions in the race.  Same with stocks.

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Posted : June 23, 2022 8:57 am
FL/GA liked

Norman Oklahoma
(@norman-oklahoma)
5,000+ posts Member
Posted by: @bill93

The horse's past performance doesn't take into account any recent injuries, being off his feed, or random conditions in the race

The all time record for the Yankees vs. my Mariners is 250-184. The Yankees are clearly the better franchise and for any given game I'd put my money on the Yankees. But they lose to the Mariners 42% of the time. 

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Topic starter Posted : June 23, 2022 9:18 am
Dave Karoly
(@dave-karoly)
10,000+ posts Member

My wife wants out of the stock market. I said better to wait at least 2 years. 9 months down then some recovery period after that.

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Posted : June 23, 2022 9:30 am
RADAR
(@dougie)
5,000+ posts Member
Posted by: @mathteacher

My fastest appreciating asset over the past two years is an 11-year-old car.

Depending on how much gas it has in it...

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Posted : June 23, 2022 9:39 am

MathTeacher
(@mathteacher)
1,000+ posts Member

@dougie 

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Posted : June 23, 2022 10:05 am
RADAR liked
holy cow
(@holy-cow)
10,000+ posts Member

The absolute best time to be selling, unfortunately, is when you have very little or nothing to sell.  The best time to buy is when you have very little or nothing available to invest.

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Posted : June 23, 2022 8:37 pm
FL/GA
(@flga-2-2)
5,000+ posts Supporter
Posted by: @bill93

That's part of what you do with stocks, plus looking at current market and economic conditions and their projections.

I bought AMZN yesterday. I hope I'm correct (THIS TIME) *! 😯 

* (look in news for wife charged in shooting of amature stock investor)

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Posted : June 24, 2022 7:53 am
Brad Ott liked

Norman Oklahoma
(@norman-oklahoma)
5,000+ posts Member
Posted by: @dave-karoly

My wife wants out of the stock market. I said better to wait at least 2 years.

There is dollar cost averaging into the market and dollar cost averaging out. About 5 years before your planned retirement date you should start DCA'ing out, to the proportion you want to be out.

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Topic starter Posted : June 24, 2022 8:15 am
Norman Oklahoma
(@norman-oklahoma)
5,000+ posts Member
Posted by: @flga-2-2

I bought AMZN yesterday.

Why?

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Topic starter Posted : June 24, 2022 8:16 am
RADAR
(@dougie)
5,000+ posts Member

@norman-oklahoma 


GIF
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Posted : June 24, 2022 8:29 am

FL/GA
(@flga-2-2)
5,000+ posts Supporter
Posted by: @norman-oklahoma

Why?

One of multiple investment companies recommending a buy.

https://investorplace.com/2022/06/amazon-stock-price-prediction-after-the-split-where-will-amzn-go-from-here/

I'm not vested enough to where I'll be heartbroken if it does not reap the benefits I anticipate. 😎 

 

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Posted : June 24, 2022 8:59 am
Norman Oklahoma
(@norman-oklahoma)
5,000+ posts Member
Posted by: @flga-2-2

One of multiple investment companies recommending a buy.

The trouble with recommendations of this type is that about 10 million people got it before you and I did, and acted accordingly. 

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Topic starter Posted : June 24, 2022 9:06 am
FL/GA and FrozenNorth liked
Brad Ott
(@brad-ott)
5,000+ posts Supporter

I still regret buying SNAP.

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Posted : June 24, 2022 9:45 am

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