Dow headed for the worst April since the Great Depression

[Marener]

Not if I pick right. I was able to retire early by taking a chance on a beaten-down stock, using less than 5% of my position. Best investment opportunity of my lifetime.

So you got lucky.

 

[DBA]

If all you’re doing is messing around with 5% of your portfolio, that’s not anything near enough to have a significant effect on your total rate of return.

I bought Palantir with cash from the sidelines a couple of years ago for around $15 dollars and sold it late last year for around $70. I won’t get into numbers, but even though I didn’t invest a large percentage of my portfolio, the dollar amount of gain, even after long term capital gains, was significant.

 

[DBA]

So you got lucky.

It isn't all luck if you follow the markets, which don’t.

 

[Care4all]

They steal it and create Chinese knockoffs to undercut American based companies that have their manufacturing in China.

Then those businesses with proprietary interest, should not manufacture their secrets or prize possessions in China. Certainly those private businesses or corporations have learned such a lesson, by now.

They should have chosen to leave China manufacturing, LONG AGO!

China is good for the cheap stuff.

The more expensive stuff with proprietary properties of their own, can never be trusted to be made there.

These businesses should manufacture in the USA or another trust worthy country imo.

 

[Marener]

I bought Palantir with cash from the sidelines a couple of years ago for around $15 dollars and sold it late last year for around $70. I won’t get into numbers, but even though I didn’t invest a large percentage of my portfolio, the dollar amount of gain, even after long term capital gains, was significant.

Great. Now add up all the gains and losses over your entire investing career and figure out if that’s better than the market or not.

Investing is a lot like gambling and everyone knows gamblers have a distorted reality where they focus on their wins and not their losses.

 

[Winco]

Democrats are jumping out of windows everywhere!

Hey Carlin….where is that happening?

I will certainly encourage and cheer any market increase.

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-jump-as-trump-softens-stance-on-powell-china-tariffs-234629761.html

 

[DBA]

The professionals who have all the time and information to buy and sell stocks have a very hard time beating the market.

But I suppose you’re smarter and better than them.

Can Regular Investors Beat The Market?

With the big name competition out there, hard-working people who invest have a tough time beating the market.

www.investopedia.com

I suppose I am. Like I have said many times, many of the “experts” aren’t really as smart as they think they are.

BTW, I never suggested that you shouldn’t have money riding in the market.

 

[Marener]

It isn't all luck if you follow the markets, which don’t.

Of course it’s luck. You’re trying to say you can predict the future.

 

[Lisa558]

Absolutely true. The fact that you’re talking about buying NVDA shows you’re lured by hype and not logic.

You’re not Warren Buffett.

I retired early because of wise investments.

How old were you when you retired?

 

[DBA]

Great. Now add up all the gains and losses over your entire investing career and figure out if that’s better than the market or not.

Investing is a lot like gambling and everyone knows gamblers have a distorted reality where they focus on their wins and not their losses.

I have far more gains than losses.

You want some advice? Buy some Tesla stock. Yes, that’s right, Tesla. I bought more last week. Let’s see if I get “lucky”.

 

[Marener]

I suppose I am. Like I have said many times, many of the “experts” aren’t really as smart as they think they are.

BTW, I never suggested that you shouldn’t have money riding in the market.

But anonymous internet posters DEFINITELY are as smart as they think they are.

 

[Lisa558]

Of course it’s luck. You’re trying to say you can predict the future.

Predicting that stocks will be higher in the future than they are now is a safe bet. If not, why not put ALL your money in money markets?

 

[DBA]

Of course it’s luck. You’re trying to say you can predict the future.

If it was all based on luck, why study the markets at all?

 

[Marener]

I have far more gains than losses.

You want some advice? Buy some Tesla stock. Yes, that’s right, Tesla. I bought more last week. Let’s see if I get “lucky”.

Do you sit down and figure out your long term CAGR from this little side investment?

 

[Lisa558]

I have far more gains than losses.

You want some advice? Buy some Tesla stock. Yes, that’s right, Tesla. I bought more last week. Let’s see if I get “lucky”.

How about NVDA? Or Verizon? Or UHC?

I’m sure they’ll be higher two years from now. I can wait.

 

[Lisa558]

Do you sit down and figure out your long term CAGR from this little side investment?

I did from my stock pick in fall 2008. It was up more than 800% in 18 months.

 

[DBA]

But anonymous internet posters DEFINITELY are as smart as they think they are.

I gave you a stock pick in Tesla. Let’s see how it goes. Just like you are doom and gloom over Trump’s tariffs, I have stated that we will be in a better position in the near future because of the moves Trump made. Let’s see how that goes. Hey, I have been wrong before, but it will be fun to see who is right in this case.

 

[Marener]

If it was all based on luck, why study the markets at all?

You don’t! Just keep saving and investing.

All it takes is discipline.

 

[DBA]

I did from my stock pick in fall 2008. It was up more than 800% in 18 months.

Eh, it was total luck. You would have had just as good of a chance of success had you through a dart at a stock board. LOL!

 

[DBA]

You don’t! Just keep saving and investing.

All it takes is discipline.

I do both because that is the smart thing to do.