Will you ever buy stocks again??? - GoFuckYourself.com - Adult Webmaster Forum

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tradermcduck

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#1

Will you ever buy stocks again???

07-19-2002, 12:37 PM

Looking at my stocks right now I sware

"I will NEVER buy any stocks in my whole life again!"

All those top SOLID stocks - from my point of view BULLSHIT!

What's your opinion concerning stocks???

Sorry I am quite angry right now but I had to post this to cool down...

MarkB
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hershie

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#2

07-19-2002, 12:41 PM

i just can't believe that $134 billion in market cap was wiped out in one day not too mention a few trillion over the past 2 years. Isn't that like more than the entire GNP of Europe and South America wiped out?
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FreeOnes

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#3

07-19-2002, 12:43 PM

don't worry man. I've lost lots and lots of money too. You are not the only one. One day it will go up again.

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Mr.Fiction

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#4

07-19-2002, 12:43 PM

I made some money and then got out over a year ago. I would buy again, but not right now. Maybe in late 2004, depending on the political climate.

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#5

07-19-2002, 12:46 PM

Originally posted by hershie
i just can't believe that $134 billion in market cap was wiped out in one day not too mention a few trillion over the past 2 years. Isn't that like more than the entire GNP of Europe and South America wiped out?

er, actually, no

the GDP of the EU is greater than the GDP of the US
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#6

07-19-2002, 12:46 PM

Not sure, maybe if the stocks I own now ever reach the Sell zone again then maybe I would actually buy some again....

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#7

07-19-2002, 12:47 PM

Stick with S&P500 Mutual Funds...they will fuck up, but never as bad as me buying PSInet and RareMedium stock!
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#8

07-19-2002, 01:01 PM

When the market dives like this the rich invest and make a killing in a couple years

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#9

07-19-2002, 01:02 PM

ahahahaaaa...... I cashed out like, two days before the shit started diving..... hehehe.... I'm feelin' pretty good.

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tradermcduck

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#10

07-19-2002, 01:06 PM

I don't think anyone is investing right now - what if you put your bucks into the next Enron...

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#11

07-19-2002, 01:09 PM

Here is the lifetime chart of the NASDAQ.. anyone think it's coming back anytime soon?

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#12

07-19-2002, 01:13 PM

Its a great time to buy long term as long as GE stays under 30 im buying more daily, long term it will be great

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#13

07-19-2002, 01:15 PM

truly stunning.... I can only watch with amazement

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tradermcduck

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#14

07-19-2002, 01:15 PM

escortbiz,

what if GE says they 'found' some mistakes in their books next week :-(

MarkB
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#15

07-19-2002, 01:33 PM

I just pulled all my winners a few weeks ago....just in time too. i'm gonna wait for bottom and reinvest periodically....probably in the same stocks too! stocks will be back up for sure, the whole point of investing in stocks is for long term appreciation. even with a couple of down years, overall your money will grow a shitload by the time you're ready to retire. if you don't have the stomach for it, then perhaps you should stick to real estate investments.

KC....i aint' talking soon but yes, it will catch up again in SEVERAL YEARS and then beat it's high eventually, and go down again and backup again. The key is to pick the right stocks or the right industries and either try to time it right or just keep investing X amount every single month. My finance teacher once said if you can pick winners 51% of the times, you'll be a millionaire....just gotta think retirement money, not quick cash. I mean if you can invest $200 a month and double your' money every 10 years...and you're only 20 or 30 or even 40, who cares if you lose 20% or even 40% during bear markets....you'll retire with tens of millions....just grab the knife once it hits the groud and start investing

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#16

07-19-2002, 01:35 PM

I'm heavily into cocaine futures, and doing great!
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#17

07-19-2002, 01:41 PM

you are right if GE says they found a mistake it will have a major effect, thats why you buy long term 3-5 years the changes of GE going under are not as great but yes its a risk anything with the market is a risk since so many things have an effect on it

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#18

07-19-2002, 02:20 PM

buying more aol next week.
look what proctor and gamble has done in the last 6 months to year. ching!
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#19

07-19-2002, 02:25 PM

Does anyone have a mutual funds portfolio with Vangaurd?
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#20

07-19-2002, 02:33 PM

The Bond based Mutual Funds I have are way up....I guess that's where everyone's cash is going.

I would never buy stocks unless I was inside...That capitalism shit is all rigged.

Last edited by Shoplifter; 07-19-2002, 02:35 PM.

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#21

07-19-2002, 02:40 PM

If you want to make money in stocks right now - SHORT. Most stocks have been cut in half in a months time, a lot even sooner. Always do your research, but that's where the money is made right now.
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#22

07-19-2002, 03:54 PM

uh, of course i will. you think i've stopped? buy low, man.
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#23

07-19-2002, 03:58 PM

My Vangaurd account is relatively low yield (I stopped high yield accounts as I aged), so I have not been affected much by the fluxuations. I take out a monthly amount and roll the remainder back into the account and it continues to grow.
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#24

07-19-2002, 04:43 PM

today is when you wanna buy! i wouldn't dump all your money in, but increase the % of stocks in your portfolio with solid companies.
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#25

07-19-2002, 04:46 PM

Some analysts say that the market is entering a stagnation phase similar to the 70's. If this is true, its probably not a good idea to enter the market for a long time. I would start by paying attention to the average PE.

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#26

07-19-2002, 05:03 PM

Originally posted by Pathfinder
Does anyone have a mutual funds portfolio with Vangaurd?

Yes.

Market corrections are good. I wish they'd fall farther so I could buy more right now.

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#27

07-19-2002, 05:06 PM

Originally posted by FATPad

Yes.

Market corrections are good. I wish they'd fall farther so I could buy more right now.

I have always been pleased with Vanguard, but at my age I am not into taking financial risks, thus as I stated I have slow growth, but then again I take a substantial amount out monthly and still have growth.
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#28

07-19-2002, 05:07 PM

i never invested.. im to scared
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#29

07-19-2002, 05:10 PM

Originally posted by Pathfinder

I have always been pleased with Vanguard, but at my age I am not into taking financial risks, thus as I stated I have slow growth, but then again I take a substantial amount out monthly and still have growth.

That's what you're supposed to be doing at your stage in life.

I have years until I need my retirement money. I can pour everything into stocks right now, so when I get the chance to, I do. A couple of market wide stock mutual funds, a couple of more narrow ones and a few select individual stocks. Bonds for me is a waste of time and money at this point, whereas for you, you need income more than growth.

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#30

07-19-2002, 05:11 PM

Originally posted by Pathfinder

I have always been pleased with Vanguard, but at my age I am not into taking financial risks, thus as I stated I have slow growth, but then again I take a substantial amount out monthly and still have growth.

btw.

Vanguard rocks. Lowest expense ratio in the industry. Vanguards index funds are a beautiful thing for long term investors.

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#31

07-19-2002, 05:50 PM

Nows the time I buy.. great values out there..

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#32

07-19-2002, 06:46 PM

Seems like yesterday the dow was at about 10700 and thought I'd wait another week before I sold off. Little did I know it would head south like this. down 390! -WTF

Had to change my homepage to one with out a ticker. It's been like a hot needle in the eye every morning.

Guess I'm staying in for the ride now
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#33

07-19-2002, 06:58 PM

I bought when the market opened after sept 11, i sold before it started diving. I'll be getting back in soon, some of these bargains are irresistable

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#34

07-19-2002, 07:03 PM

"I will NEVER buy any stocks in my whole life again!"

All those top SOLID stocks - from my point of view BULLSHIT!

What's your opinion concerning stocks???

I'm right there with ya. With the help of AGEdwards, I've lost somewere in the area of 300K over the last year. I'm not only avoiding the stock market, I'm currently trying to salvage some of my losses by a lawsuit against AGE for over-concentration and churning.

Nasdaq and the tech industry can suck a dick! As well as the assholes at AGEdwards!
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#35

07-19-2002, 07:09 PM

Restricted stocks suck.

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