SSF Stocks/Investments thread

Collector Freaks Forum

Help Support Collector Freaks Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

Avenger

Super Freak
Joined
Oct 30, 2010
Messages
2,432
Reaction score
4
Location
LV-426
Any other freaks dabbling in the stock market?

It's been an ugly few weeks.
 
Last edited:
Re: Anyone investing in stocks?

I've got an investment account with some mutual funds, cash investment, bonds, etc. Hasn't been doing well recently, no.
 
Re: Anyone investing in stocks?

I started back in 2007. Not my best timing ever. I did get a quick and painful education, and have done a lot better since 08. But, we're entering that territory again where I'm not sure what to make of things. I don't think our economy has been based on any real fundamentals in a long time, and it's looking like the illusion of prosperity is breaking down again. I'm really good at knowing when to buy. It's knowing when to sell I have to think hard about.
 
Re: Anyone investing in stocks?

Better to invest in something tangible. Gold for example. :exactly:
 
Re: Anyone investing in stocks?

I used to have a lot of fun with stocks. I never did it seriously as an income or for future consideration. But I used to do it in the same context that I would bet on sports. Basically, just to see what happens.

I did better than my 401k seems to be doing.:)

But I quit quit a while ago.
 
Re: Anyone investing in stocks?

I Lost since 2008 in my 401k $10.000.
 
Re: Anyone investing in stocks?

I am heartsick about what is happening to old coins because of the price of gold, and moreso, silver right now. Peple are destroying old coins because the value of the siver content is greater than the collector value.
 
Re: Anyone investing in stocks?

They are stripping silver out of anything they can and it's cheaper then gold but going to double if not more, faster going by current predictions.
 
Re: Anyone investing in stocks?

people should invest in gold right now. in the next two years it will be around $2,200 an ounce.

Well....that's an assumption and not fact. In times of recessions, it is beneficial to invest in something tangible; be it gold, silver, or any other commodities....which is why everyother freaking street in the universe has a WE'LL BUY YOUR GOLD crap market. And to start investing when the market is down is good as they are lower in price then they normally are when the market goes back up.

Just diversify your investing between stocks, bonds, mutual funds, etfs, real estate, etc. If you're younger, I would invest in growth stocks over income stock...just my $0.02
 
Re: Anyone investing in stocks?

Does anyone here trade, or are you just investing?
I trade regularly with ETFs. Just wondering if there are any fellow traders on the boards.
 
Re: Anyone investing in stocks?

Does anyone here trade, or are you just investing?
I trade regularly with ETFs. Just wondering if there are any fellow traders on the boards.
I don't, but I'm considering starting. Buying one less collectible a month, taking things into my own hands an investing in specific firms.
 
Re: Anyone investing in stocks?

The irony is everyone said the market would crash if they didn't raise the debt ceiling. Happened anyway. Should have just bit the bullet do the responsible thing and say no more borrowing and let the chips fall where they may.

Personally, I got my monthly 401k investment which I don't plan on cashing for 30 years, so whatever. Any extra money I'd rather get the guaranteed 4% rate of return by virtue of paying my mortgage off faster.

I hope anyone playing games with day trading and such don't have any cc debt and still doing that. That would be dumb.
 
Re: Anyone investing in stocks?

I don't day trade, but I do work in the industry....

What do you do? Advisor? Analyst? Other?

I almost went to work for the CME and some of the financial firms here in Chicago, but I just couldn't do it. All of my college mates reported back with too many hours and too much stress. :(

I only know of one person that's still in the game, sadly.

I don't, but I'm considering starting. Buying one less collectible a month, taking things into my own hands an investing in specific firms.

That's a darn good start. Even if you go and meet with an advisor I would recommend that, too. They have insight and research into many things others don't.

If you do have trading questions, though, feel free to PM me.

The irony is everyone said the market would crash if they didn't raise the debt ceiling. Happened anyway. Should have just bit the bullet do the responsible thing and say no more borrowing and let the chips fall where they may.

Personally, I got my monthly 401k investment which I don't plan on cashing for 30 years, so whatever. Any extra money I'd rather get the guaranteed 4% rate of return by virtue of paying my mortgage off faster.

I hope anyone playing games with day trading and such don't have any cc debt and still doing that. That would be dumb.

Well, they said it would sell off if there weren't spending cuts AND the debt ceiling wasn't raised. They gave us one, but the other (spending cuts) they kicked down the road to November. Wall St hates uncertainty, and will use it to no end to sell off the market.

Paying off your mortgage can also be a good strategy. There's nothing wrong with that at all.

I agree with your last statement, as I only work in cash. Unfortunately it also puts me in a disadvantage with the 3-day rule, since most people do leverage themselves to allow them more trading opportunities.
 
Back
Top