DFD

Detroit wrote: ↑Wed Apr 14, 2021 12:47 pm Starting to dabble in real stocks. Bought some T and SMG this morning. T should be a good dividend stock to hold onto forever, price does nothing, but the dividend is appealing. Plus I think there's some upside in the business with HBO.

SMG is an attempt to get into pot without getting into pot.

I'd like to pick up some tech, but can't pick one. Anyone have some good tech ETFs? QQQ, VGT, etc?

max225 wrote: ↑Wed Apr 14, 2021 12:51 pm

Detroit wrote: ↑Wed Apr 14, 2021 12:47 pm Starting to dabble in real stocks. Bought some T and SMG this morning. T should be a good dividend stock to hold onto forever, price does nothing, but the dividend is appealing. Plus I think there's some upside in the business with HBO.

SMG is an attempt to get into pot without getting into pot.

I'd like to pick up some tech, but can't pick one. Anyone have some good tech ETFs? QQQ, VGT, etc?

I am mixed on dividends... When you get paid you immediately get taxed. So a 10% dividend is more like 5%. Also dividend stocks like Verizon and ATT tend to be pumped for just that. so they have gone no where over time but they do certainly get depressed more so than others.

I can't honestly recommend any stock at the moment. Because it all seems like a shit show.

The market has shifted from "tech" to Crypto/NFT

Detroit wrote: ↑Wed Apr 14, 2021 12:47 pm Starting to dabble in real stocks. Bought some T and SMG this morning. T should be a good dividend stock to hold onto forever, price does nothing, but the dividend is appealing. Plus I think there's some upside in the business with HBO.

SMG is an attempt to get into pot without getting into pot.

I'd like to pick up some tech, but can't pick one. Anyone have some good tech ETFs? QQQ, VGT, etc?

Detroit wrote: ↑Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.

wap wrote: ↑Fri Apr 16, 2021 3:09 pm

Detroit wrote: ↑Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.

Sig worthy.

Detroit wrote: ↑Fri Apr 16, 2021 3:12 pm

wap wrote: ↑Fri Apr 16, 2021 3:09 pm

Sig worthy.

Detroit wrote: ↑Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.

Tarspin wrote: ↑Fri Apr 16, 2021 3:30 pm

Detroit wrote: ↑Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.

I'm just going to direct extra cash to what's least popular, paying down debt.

max225 wrote: ↑Sat Apr 24, 2021 10:21 pm

Tarspin wrote: ↑Fri Apr 16, 2021 3:30 pm

I'm just going to direct extra cash to what's least popular, paying down debt.

Least popular according to who?

rockchops wrote: ↑Sat Apr 24, 2021 11:49 pmclamcoin

Tarspin wrote: ↑Sun Apr 25, 2021 12:23 am

max225 wrote: ↑Sat Apr 24, 2021 10:21 pm

Least popular according to who?

Talking heads... gotta own some bitcoin, dogcoin, leverage and grab more real estate, interest rates vs stock gainzzz, money is cheap... and on and on.

I haven't looked at that stuff seriously for about two years and I'm happier for it. R you still investing is stocks/etc?

Desertbreh wrote: ↑Sun Apr 25, 2021 12:29 am

rockchops wrote: ↑Sat Apr 24, 2021 11:49 pmclamcoin

We have all invested in that dood. There may be returns, but its rarely $$

max225 wrote: ↑Sun Apr 25, 2021 12:57 am

Tarspin wrote: ↑Sun Apr 25, 2021 12:23 am

Talking heads... gotta own some bitcoin, dogcoin, leverage and grab more real estate, interest rates vs stock gainzzz, money is cheap... and on and on.

I haven't looked at that stuff seriously for about two years and I'm happier for it. R you still investing is stocks/etc?

I didn’t have a too great 2021 with anything I bought... my sole purchase was apple I thought that with pandemic etc everyone glued to phone ... it’ll go up due to people using more and more Apple products for longer periods of time.

But I am still down ... 50k put in and I’m at 48k 6 months later. So I’m staying out for now

Tarspin wrote: ↑Sun Apr 25, 2021 2:32 pm

max225 wrote: ↑Sun Apr 25, 2021 12:57 am

I didn’t have a too great 2021 with anything I bought... my sole purchase was apple I thought that with pandemic etc everyone glued to phone ... it’ll go up due to people using more and more Apple products for longer periods of time.

But I am still down ... 50k put in and I’m at 48k 6 months later. So I’m staying out for now

Somewhat unscathed,

Your point is valid, common sense doesn't yield appropriate returns. There are too many moving pieces, and much if it is rigged to hook derps like me to take my money.

Paying down debt is easiest when rates are low, and not doing so is foolish. I don't think rates will go anywhere, and when they move it will be 1/4 point at a time, with two to four increments. I don't think 1% is a big deal really, but pairing that with stock market losses starts to sting.

If there's a 30% correction, I'll be singing a different tune.

The wildcard will be how the next 2T stimulus package gets dispersed, it could be another decade of stock market grown. , it's just feels too much like gambling and I'm too dumb to predict trends.

Desertbreh wrote:

rockchops wrote: ↑Sat Apr 24, 2021 11:49 pmclamcoin

We have all invested in that dood. There may be returns, but its rarely $$

Desertbreh wrote: ↑Sun Apr 25, 2021 12:29 am

rockchops wrote: ↑Sat Apr 24, 2021 11:49 pmclamcoin

We have all invested in that dood. There may be returns, but its rarely $$

max225 wrote: ↑Sun Apr 25, 2021 2:49 pm

Tarspin wrote: ↑Sun Apr 25, 2021 2:32 pm

Somewhat unscathed,

Your point is valid, common sense doesn't yield appropriate returns. There are too many moving pieces, and much if it is rigged to hook derps like me to take my money.

Paying down debt is easiest when rates are low, and not doing so is foolish. I don't think rates will go anywhere, and when they move it will be 1/4 point at a time, with two to four increments. I don't think 1% is a big deal really, but pairing that with stock market losses starts to sting.

If there's a 30% correction, I'll be singing a different tune.

The wildcard will be how the next 2T stimulus package gets dispersed, it could be another decade of stock market grown. , it's just feels too much like gambling and I'm too dumb to predict trends.

Yep. Lots and lots of variables but most stock essentially doubled in the last 12 months. Which leads me to believe that the dollar proportionally devalued. The next 12 months however seem to be a complete S show. It could keep climbing .... or it could correct. But I don’t see why it would correct with this much capital floating in the market

Tarspin wrote: ↑Sun Apr 25, 2021 11:15 pm

max225 wrote: ↑Sun Apr 25, 2021 2:49 pm

Yep. Lots and lots of variables but most stock essentially doubled in the last 12 months. Which leads me to believe that the dollar proportionally devalued. The next 12 months however seem to be a complete S show. It could keep climbing .... or it could correct. But I don’t see why it would correct with this much capital floating in the market

A correction doesn't make sense to me either, but I'm also not seeing how there can be big upsides in the next year. Who knows, this is why I can't play that game.

Covid cases in highly vaxxed societies are seeing resurrection of outbreaks thanks to variants. If that lands here I guess new lock-downs could fuck things up.

max225 wrote: ↑Sun Apr 25, 2021 11:37 pm

Tarspin wrote: ↑Sun Apr 25, 2021 11:15 pm

A correction doesn't make sense to me either, but I'm also not seeing how there can be big upsides in the next year. Who knows, this is why I can't play that game.

Covid cases in highly vaxxed societies are seeing resurrection of outbreaks thanks to variants. If that lands here I guess new lock-downs could fuck things up.

Which highly vaxxed countries ?

The only one I can think of is Israel that is comparable to the US. Their case counts are fairly low