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Stock Market seems volatile


Happy Panther
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6 minutes ago, CRA said:

Netflix IMO is basically Yahoo.  They were basically the opening king and the lone guy at the party.  Then everyone else comes along and figures it out and often better. 

Everyone is taking their content back from Netflix and doing it themselves.  I don't think Netflix is going to crumble but I think their best days are over.  

I'd rather throw money at Disney and let it sit for 20 years than Netflix. 

 

This. It isn't a dwindling potential customer base issue, it's an increasingly competitive market issue. 

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getting back on the topic of buy-and-hold...

without naming the stock, the prices, or the amount you have invested:

what is the biggest gainer and biggest loser (percentage-wise) in your portfolio today?

For example, if you have stock XXXXXX that you bought 21 shares for $100 back in 1986 and it's now at $200, you only need to reply with "100%" 

 

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  • 3 weeks later...
2 hours ago, Davidson Deac II said:

With 7 or 8% inflation?  It is not.  

Stock market bottom doesn't seem to be in sight.  Crypto market is mirroing it.  Real estate bubble about to burst. 

Going all in on Jake Delhomme rookie cards.  Someone told be card collecting was hot again. 

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7 minutes ago, CRA said:

Stock market bottom doesn't seem to be in sight.  Crypto market is mirroing it.  Real estate bubble about to burst. 

Going all in on Jake Delhomme rookie cards.  Someone told be card collecting was hot again. 

A couple of Analyst I know think that the market will bottom out when the Dow reaches around 29,000.  Essentially after all the nervous nellies finish their panic selling.  

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12 minutes ago, Davidson Deac II said:

A couple of Analyst I know think that the market will bottom out when the Dow reaches around 29,000.  Essentially after all the nervous nellies finish their panic selling.  

who knows.  I'm not smart enough to guess or try.  I've stopped my monthly buying for the moment.  I'll probably start back after the summer is over no matter what the world looks like though.  What else can you do.   I'm not retiring for a long long time.   And we have always sat on too much cash as we have always had to fight our risk adverse nature. 

I'll probably just buy the big name beat down tech when I return. 

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This entire economy thing is hilarious…if everyone cannot see that resources are dwindling at amazing rates and everyone can’t even buy groceries doesn’t tell you the state of the world nothing will.  Things are never going to be “normal” again.  Everyone better be prepared to live with less from now on

We are a society on the downslope of the bell curve and it will not go anywhere but down

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31 minutes ago, stirs said:

I think there are some stocks to invest in.  I could kick myself for selling my Exxon stock at 55 a share.  I still made money on it, but its zoomed since.

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1 minute ago, Davidson Deac II said:

I think there are some stocks to invest in.  I could kick myself for selling my Exxon stock at 55 a share.  I still made money on it, but its zoomed since.

I would be second guessing everything these days.

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I love how people will bitch about big oil, pharma giants and other predatory types of big business but then they'll own the stock. I've always despised the hypocrisy of acting as if your hands are clean when you're holding the stock. "I'm just an investor, I don't support the company." Nope. Doesn't work like that. If you own the stock, you're complicit. Period.

I'll hop off my soapbox now. 😂

 

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58 minutes ago, LinvilleGorge said:

I love how people will bitch about big oil, pharma giants and other predatory types of big business but then they'll own the stock. I've always despised the hypocrisy of acting as if your hands are clean when you're holding the stock. "I'm just an investor, I don't support the company." Nope. Doesn't work like that. If you own the stock, you're complicit. Period.

I'll hop off my soapbox now. 😂

 

If you are referring to me (since I mentioned Exxon), I have never complained about big oil, big pharma, etc...  They provide a necessary product.  The people that use their products are just as complicit as those who own the stocks.   

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