I just lost $7000 on my stocks - Advice needed - GoFuckYourself.com

fujiko · 10-08-2008, 08:59 AM

This question is for anyone familiar with the stock market.
Should i hold or just cash out... im left with $14,192 on that particular investment.

borked · 10-08-2008, 09:00 AM

depends what the stock is in tbh.... imposs to say without looking further into the investment

PornNewz · 10-08-2008, 09:00 AM

Quote:

Originally Posted by fujiko

This question is for anyone familiar with the stock market.
Should i hold or just cash out... im left with $14,192 on that particular investment.

answer is simple, if you don't sell, you have lost nothing. Market will come back.

diesel · 10-08-2008, 09:01 AM

The standard advice would be to keep it in stocks if you wont need that money for next 2-3 years or get out but wait till the next short term rebound...

Sly · 10-08-2008, 09:01 AM

If you don't need the money and you had no intention of cashing out prior, why would you cash out now unless it was absolutely a sinking ship? I would just ride the storm...

xenigo · 10-08-2008, 09:02 AM

If you want to know what Warren Buffett would do, it would be something along these lines:

"If you thought the stock was a good deal then, and it goes down... it's a great deal now. Buy more."

Dollarmansteve · 10-08-2008, 09:04 AM

Whats your timeline? Do you have a pressing need for cash?

If your timeline is greater than 3 years and have no pressing need for cash, I suggest you don't even look at the stock price for the next 3+ years. Pull a rip van winkle.. when you check back in 20 years, you'll be just fine.

baddog · 10-08-2008, 09:05 AM

If your stock is in buggy whips, go ahead and sell. Otherwise, wait it out.

fujiko · 10-08-2008, 09:09 AM

thanks for the advice.. i was actually about to use $6000 of it to expand my business.. But now that looks impossible, since its best to wait like most you guys have suggested.
Thanks a lot.. I really appreciate the help.

pornjudge · 10-08-2008, 09:22 AM

My advice:

woj · 10-08-2008, 09:25 AM

Quote:

Originally Posted by xenigo

If you want to know what Warren Buffett would do, it would be something along these lines:

"If you thought the stock was a good deal then, and it goes down... it's a great deal now. Buy more."

ok_ok_ok · 10-08-2008, 09:39 AM

Market Minute: October 6, 2008: Major low is near - Donald W. Dony, FCSI, MFTA

As the 2008-2010 bear market continues to unfold, models are indicating the next major market low has almost arrived. Technical evidence suggests that the next important trough for global markets is expected by mid-October. Though bear markets are constructed of a series of lower lows, they are also punctuated with strong short-term advance. Past bear markets have displayed upward movements of 15%-20%.

Bottom line; Expect a low to develop within 1-2 weeks followed by increased upward pressure into November. Longer-term models still support lower numbers over the next 12-18 months.

Investment approach: During bear markets and business cycle contractions, central banks normally lower interest rates to help stimulate economic recovery. Lower rates means higher bond prices. The next 12-18 months should offer an excellent opportunity to profit from higher bond prices.

SteveLightspeed · 10-08-2008, 09:43 AM

Be glad it wasn't 2 million.

farkedup · 10-08-2008, 10:17 AM

Quote:

Originally Posted by PornNewz

answer is simple, if you don't sell, you have lost nothing. Market will come back.

HORRIBLE advice, I lost $30k a couple years back but would have lost only $10k if it weren't for STUPID advice like that.

Fact is if you're bitching about losing $7k just pull out and STAY OUT! The market currently is russian roulette these days. I don't see any reason to put money in ANY stock at the moment to "invest" the only way to make anything right now is swing trading. "investors" have no place right now.

fujiko · 10-08-2008, 10:47 AM

damn.. now im really confused...
Actually, im not bitching about it cos it was supposed to be longterm investment.
What happened was that, i wanted to withdraw some of it to fund another business.
But i cant do that anymore since the loss.. Now, i would have to use money from other sources.
But now, im not sure if i should just withdraw the remaining and use it for my biz or use leave it alone and grab cash from another source.

webgurl · 10-08-2008, 10:49 AM

mine and business is down over 100k dont feel sad ...

J. Falcon · 10-08-2008, 10:54 AM

It's a good thing you can always count on the general expertise of GFY for such important matters.

borked · 10-08-2008, 10:57 AM

Quote:

Originally Posted by fujiko

thanks for the advice.. i was actually about to use $6000 of it to expand my business.. But now that looks impossible, since its best to wait like most you guys have suggested.
Thanks a lot.. I really appreciate the help.

It really does depend on what the stock is in imo.

If it's in the financial sector or in companies with very high debt to earnings irrespective of their growth or rentability, then the company is going to take a lot lot longer to bounce back and I'd say sell and buy into something that will rebound a bit quicker.

All sectors are hitting or shortly hitting 4yr lows, just some will bounce back quicker than others. Have a look at Christian Dior when it hits around 30 euro (25% less than todays values, whatever that be on your country's exchange) or similar in the domestic products sector, or even telecommunications sector as these will bounce back, irrespective of world recession. I'd cut out and put in these, cos you'll get your money back in less time.

Depending of course which sector you are currently in.

fujiko · 10-08-2008, 11:20 AM

Quote:

Originally Posted by webgurl

mine and business is down over 100k dont feel sad ...

Sorry to hear that

Intrinsic · 10-08-2008, 11:22 AM

first thing to do is use gfy analysts and experts

Forest · 10-08-2008, 11:29 AM

the smartest thing you could have done is come to gfy for stock advise

notime · 10-08-2008, 11:33 AM

get rid of stocks!
buy adult content (20%)
and use 80% on marketing/traffic

KillerK · 10-08-2008, 11:39 AM

Quote:

Originally Posted by notime

get rid of stocks!
buy adult content (20%)
and use 80% on marketing/traffic

Wow great advice to lose even more money.

With the way tube sites are going content is going to be worthless in the next 12-24 months.

notime · 10-08-2008, 11:46 AM

Quote:

Originally Posted by KillerK

Wow great advice to lose even more money.

With the way tube sites are going content is going to be worthless in the next 12-24 months.

Content is never worthless. Believe me.
No content=no adult bizz
If plan A fails , try plan B, etc.

fujiko · 10-08-2008, 12:21 PM

Quote:

Originally Posted by Forest

the smartest thing you could have done is come to gfy for stock advise

well.. gfy isnt the only place that ive looked for advice..
I just wanted to get as much help as i could.

tiger · 10-08-2008, 12:40 PM

Quote:

Originally Posted by farkedup

HORRIBLE advice, I lost $30k a couple years back but would have lost only $10k if it weren't for STUPID advice like that.

Fact is if you're bitching about losing $7k just pull out and STAY OUT! The market currently is russian roulette these days. I don't see any reason to put money in ANY stock at the moment to "invest" the only way to make anything right now is swing trading. "investors" have no place right now.

stevo · 10-08-2008, 12:43 PM

What stocks are you in?

I'll check the charts for you and see if i can find any likely price points...

marketsmart · 10-08-2008, 12:45 PM

it all depends on the stock and the segment.. a lot of segments are going to go into the shitter...

look at how many people thought fannie mae was safe investment...

you have 14k today.. thats the only thing here thats certain...

DaddyHalbucks · 10-08-2008, 12:46 PM

Warren Buffett says to hold for 10+ years. He would tell you not to worry about drops in the market. If anything, a drop in the market might be a good time to buy.

Naughty · 10-08-2008, 12:52 PM

I wish I lost 7k$

Naughty · 10-08-2008, 12:59 PM

Quote:

Originally Posted by notime

Content is never worthless. Believe me.
No content=no adult bizz
If plan A fails , try plan B, etc.

That is what content producers have to say to keep selling content ;)

CyberHustler · 10-08-2008, 01:05 PM

Commit suicide?

borked · 10-08-2008, 01:05 PM

Quote:

Originally Posted by notime

Content is never worthless. Believe me.
No content=no adult bizz
If plan A fails , try plan B, etc.

orly? How is adultvest doing particularly after it took over iporn?

qwe · 10-08-2008, 01:10 PM

if it's a financial company i'd sell... look into buying oil stocks right now, going into winter they're going to pop

brassmonkey · 10-08-2008, 01:18 PM

damn get professional advice at gfy lol

CaptainHowdy · 10-08-2008, 01:38 PM

Don't look at me, I'm lost in the stockmarket ...

WebairChris · 10-08-2008, 01:50 PM

ride the wave...you have no other choice at this point. The market will turn around (who knows when???) but its a cycle. Best of luck to you

Libertine · 10-08-2008, 02:02 PM

Quote:

Originally Posted by fujiko

This question is for anyone familiar with the stock market.
Should i hold or just cash out... im left with $14,192 on that particular investment.

You're talking about a "particular investment". Without knowing what it is, nobody can give you any decent advice.

Several scenarios:
- you invested in an index fund, or a broad basket. If this is the case, in a few years (5-10) your investments are likely to have gone up again. There is a risk to this, but historically speaking, it's a small one.
- you invested in an index fund, or a broad basket, and don't want to wait 5+ years before seeing your money again. Take it out now to minimize risk, or keep it in for a bit longer if you think a big upward surge is likely. Each is risky.
- you invested in specific stocks, and you're Warren Buffet. You probably based your investments on extensive research, so in the long run, values should go up again.
- you invested in specific stocks, and had very little idea about what you were doing. You're fucked. Taking it out now means you get to swallow large losses, keeping it in means you run a very real risk of losing it all. Seriously, what the fuck were you thinking?

Socks · 10-08-2008, 02:08 PM

The only good advice is: If you think the stocks will go down further, why would you want to lose more money? Unless you're willing to ride it out.

Even if you think the company will survive, but have another hard year, you can take out your money, and re-invest in the same company when it's bottomed out and starting to go back up again, effectively increasing your stake.

FlowerKid · 10-08-2008, 02:20 PM

Quote:

the smartest thing you could have done is come to gfy for stock advise

I second this.
To earn money on stock exchange, do exactly the opposite of what all others do. But don't tell it to everyone else.
Maybe this would be smart in our porn business too, i don't know because i'm only a stock expert.

RP Fade · 10-08-2008, 02:23 PM

My IRA is down 20% and Im still contributing to it and dollar-cost-averaging my positions and picking up some undervalued and battered stocks.

My friend also sent me this interesting excerpt he heard on CNBC:

75% (give or take) of investors buy stocks heavily when the market is sound and the stocks are almost full prices. They have a false sense of security thinking the market is solid and it can only go up. So 75% of the traders will wait and buy at the high cause they think it's safe....which is why losses are so huge in times like this.

Whereas, those same 75% won't buy stocks when they actually should...when the market crashes or stocks are so devalued...cause everyone is so scared to invest.

fusionx · 10-08-2008, 02:28 PM

I told everyone years ago

Buy pork bellies.

Bet you wish you had listened now, huh!

tranza · 10-08-2008, 02:42 PM

I lost $29k on my investments already.

But since I don't need it right now, I'll wait until it bounces back.

fujiko · 10-08-2008, 03:13 PM

Quote:

Originally Posted by fusionx

I told everyone years ago

Buy pork bellies.

Bet you wish you had listened now, huh!

You are fucking kidding me .. lol

fujiko · 10-08-2008, 03:21 PM

Actually, ive giving up on this investment .. fuck it.
I checked closing today and its really down.. from my calculations im left with probly $9k OR 10k.. ha
Its not my life savings, so im not depressed.. But just wish i didnt have to lose out.
I honestly havent lost anything.. cos i started with about 9,5K something last year.
And its not finance

webgurl · 10-08-2008, 03:23 PM

i wish i lost 7k , try another 93k ontop of that

now there is something to be sad about ....

10-08-2008, 03:28 PM

nobody know what happen future

salaxzar · 10-08-2008, 03:44 PM

reading this thread frightens me..So many of you have lost so much $$$$..sad...

shark laser · 10-08-2008, 03:59 PM

yeah GFY might no be the best place to ask advices on that

nosey · 10-08-2008, 04:01 PM

50 shares

10-08-2008, 08:59 AM	#1
fujiko Confirmed User Join Date: Jan 2008 Posts: 566	I just lost $7000 on my stocks - Advice needed This question is for anyone familiar with the stock market. Should i hold or just cash out... im left with $14,192 on that particular investment.

10-08-2008, 09:00 AM	#2
borked Totally Borked Industry Role: Join Date: Feb 2005 Posts: 6,284	depends what the stock is in tbh.... imposs to say without looking further into the investment __________________ For coding work - hit me up on andy // borkedcoder // com (consider figuring out the email as test #1) All models are wrong, but some are useful. George E.P. Box. p202

10-08-2008, 09:01 AM	#5
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,349	If you don't need the money and you had no intention of cashing out prior, why would you cash out now unless it was absolutely a sinking ship? I would just ride the storm... __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

10-08-2008, 09:04 AM	#7
Dollarmansteve Confirmed User Join Date: May 2005 Location: T.O. Posts: 2,849	Whats your timeline? Do you have a pressing need for cash? If your timeline is greater than 3 years and have no pressing need for cash, I suggest you don't even look at the stock price for the next 3+ years. Pull a rip van winkle.. when you check back in 20 years, you'll be just fine. __________________ I died.

10-08-2008, 09:43 AM	#13
SteveLightspeed Confirmed User Join Date: Jul 2001 Location: Lightspeedworld Posts: 7,940	Be glad it wasn't 2 million. __________________ Abra-cadabra!

10-08-2008, 09:01 AM	#4
diesel Confirmed User Join Date: Jan 2001 Location: Amsterdam Posts: 1,097	The standard advice would be to keep it in stocks if you wont need that money for next 2-3 years or get out but wait till the next short term rebound...

10-08-2008, 09:02 AM	#6
xenigo Confirmed User Industry Role: Join Date: Jan 2001 Location: Oakland, CA Posts: 8,067	If you want to know what Warren Buffett would do, it would be something along these lines: "If you thought the stock was a good deal then, and it goes down... it's a great deal now. Buy more."

10-08-2008, 09:05 AM	#8
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	If your stock is in buggy whips, go ahead and sell. Otherwise, wait it out.

10-08-2008, 09:09 AM	#9
fujiko Confirmed User Join Date: Jan 2008 Posts: 566	thanks for the advice.. i was actually about to use $6000 of it to expand my business.. But now that looks impossible, since its best to wait like most you guys have suggested. Thanks a lot.. I really appreciate the help.

10-08-2008, 09:22 AM	#10
pornjudge So Fucking Banned Join Date: Jun 2002 Location: Upmywomansass Posts: 2,214	My advice:

10-08-2008, 09:39 AM	#12
ok_ok_ok Confirmed User Join Date: Oct 2003 Posts: 135	Market Minute: October 6, 2008: Major low is near - Donald W. Dony, FCSI, MFTA As the 2008-2010 bear market continues to unfold, models are indicating the next major market low has almost arrived. Technical evidence suggests that the next important trough for global markets is expected by mid-October. Though bear markets are constructed of a series of lower lows, they are also punctuated with strong short-term advance. Past bear markets have displayed upward movements of 15%-20%. Bottom line; Expect a low to develop within 1-2 weeks followed by increased upward pressure into November. Longer-term models still support lower numbers over the next 12-18 months. Investment approach: During bear markets and business cycle contractions, central banks normally lower interest rates to help stimulate economic recovery. Lower rates means higher bond prices. The next 12-18 months should offer an excellent opportunity to profit from higher bond prices.

10-08-2008, 10:47 AM	#15
fujiko Confirmed User Join Date: Jan 2008 Posts: 566	damn.. now im really confused... Actually, im not bitching about it cos it was supposed to be longterm investment. What happened was that, i wanted to withdraw some of it to fund another business. But i cant do that anymore since the loss.. Now, i would have to use money from other sources. But now, im not sure if i should just withdraw the remaining and use it for my biz or use leave it alone and grab cash from another source. Last edited by fujiko; 10-08-2008 at 10:51 AM..

10-08-2008, 10:49 AM	#16
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	mine and business is down over 100k dont feel sad ...

10-08-2008, 10:54 AM	#17
J. Falcon www.AdultCopywriters.com Industry Role: Join Date: May 2006 Posts: 31,619	It's a good thing you can always count on the general expertise of GFY for such important matters. __________________ Adult Copywriters SEO Content for Porn Sites sales at adultcopywriters dot com

10-08-2008, 11:22 AM	#20
Intrinsic Confirmed User Industry Role: Join Date: Jun 2008 Posts: 1,589	first thing to do is use gfy analysts and experts

10-08-2008, 11:29 AM	#21
Forest Confirmed User Industry Role: Join Date: Aug 2001 Location: Hollywood Fl. Posts: 9,017	the smartest thing you could have done is come to gfy for stock advise

10-08-2008, 11:33 AM	#22
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,022	get rid of stocks! buy adult content (20%) and use 80% on marketing/traffic

10-08-2008, 12:43 PM	#27
stevo Confirmed User Join Date: Aug 2002 Location: Orlando, Florida Posts: 2,051	What stocks are you in? I'll check the charts for you and see if i can find any likely price points...

10-08-2008, 12:45 PM	#28
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	it all depends on the stock and the segment.. a lot of segments are going to go into the shitter... look at how many people thought fannie mae was safe investment... you have 14k today.. thats the only thing here thats certain...

10-08-2008, 12:46 PM	#29
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Warren Buffett says to hold for 10+ years. He would tell you not to worry about drops in the market. If anything, a drop in the market might be a good time to buy. __________________ Boner Money

10-08-2008, 12:52 PM	#30
Naughty Confirmed User Industry Role: Join Date: Jul 2001 Location: Utopia Posts: 6,484	I wish I lost 7k$ __________________ seks.ai for sale - ping me

10-08-2008, 01:05 PM	#32
CyberHustler Masterbaiter Industry Role: Join Date: Feb 2006 Posts: 27,018	Commit suicide? __________________ “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”

10-08-2008, 01:10 PM	#34
qwe Confirmed User Join Date: Jul 2003 Posts: 2,109	if it's a financial company i'd sell... look into buying oil stocks right now, going into winter they're going to pop

10-08-2008, 01:18 PM	#35
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,295	damn get professional advice at gfy lol __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

10-08-2008, 01:38 PM	#36
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 93,837	Don't look at me, I'm lost in the stockmarket ... __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc.

10-08-2008, 01:50 PM	#37
WebairChris Confirmed User Join Date: Feb 2008 Posts: 245	ride the wave...you have no other choice at this point. The market will turn around (who knows when???) but its a cycle. Best of luck to you __________________ Industrial Strength Webhosting Since 1996! Multiple Datacenter Locations Managed Dedicated • Virtual Hosting • Colocated [email protected] • 1.866.WEBAIR1 *Webair Economy Buster Hosting Special!*

10-08-2008, 02:08 PM	#39
Socks Confirmed User Industry Role: Join Date: May 2002 Location: Toronto Posts: 8,475	The only good advice is: If you think the stocks will go down further, why would you want to lose more money? Unless you're willing to ride it out. Even if you think the company will survive, but have another hard year, you can take out your money, and re-invest in the same company when it's bottomed out and starting to go back up again, effectively increasing your stake.

10-08-2008, 02:23 PM	#41
RP Fade Confirmed User Join Date: Sep 2003 Location: Los Angeles Posts: 3,343	My IRA is down 20% and Im still contributing to it and dollar-cost-averaging my positions and picking up some undervalued and battered stocks. My friend also sent me this interesting excerpt he heard on CNBC: 75% (give or take) of investors buy stocks heavily when the market is sound and the stocks are almost full prices. They have a false sense of security thinking the market is solid and it can only go up. So 75% of the traders will wait and buy at the high cause they think it's safe....which is why losses are so huge in times like this. Whereas, those same 75% won't buy stocks when they actually should...when the market crashes or stocks are so devalued...cause everyone is so scared to invest. __________________ HomemadeCash.com - Homemade & GF sites powered by NScash.com HomemadeVideoPass.com - The only all homemade mega site OurHomemadePorno.com - Real couples fucking on camera Contact ICQ: 400-786-531 Email: fade AT nscash.com Last edited by RP Fade; 10-08-2008 at 02:26 PM..

10-08-2008, 02:28 PM	#42
fusionx Confirmed User Industry Role: Join Date: Nov 2003 Location: Olongapo City, Philippines Posts: 4,618	I told everyone years ago Buy pork bellies. Bet you wish you had listened now, huh!

10-08-2008, 02:42 PM	#43
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	I lost $29k on my investments already. But since I don't need it right now, I'll wait until it bounces back. __________________ I'm just a newbie.

10-08-2008, 03:21 PM	#45
fujiko Confirmed User Join Date: Jan 2008 Posts: 566	Actually, ive giving up on this investment .. fuck it. I checked closing today and its really down.. from my calculations im left with probly $9k OR 10k.. ha Its not my life savings, so im not depressed.. But just wish i didnt have to lose out. I honestly havent lost anything.. cos i started with about 9,5K something last year. And its not finance Last edited by fujiko; 10-08-2008 at 03:24 PM..

10-08-2008, 03:23 PM	#46
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	i wish i lost 7k , try another 93k ontop of that now there is something to be sad about ....

10-08-2008, 03:28 PM	#47
Wang Dong Guest Posts: n/a	nobody know what happen future

10-08-2008, 03:44 PM	#48
salaxzar Confirmed User Join Date: Feb 2008 Posts: 573	reading this thread frightens me..So many of you have lost so much $$$$..sad...

10-08-2008, 03:59 PM	#49
shark laser Confirmed User Industry Role: Join Date: Jan 2004 Posts: 205	yeah GFY might no be the best place to ask advices on that __________________ contact (at) dancingonthehighway (dot) com