i took a risk on zynga on the ipo day. turned out to be a bad gamble. i went in knowing the price was too high, but i got in anyway. lesson learned.'
bp has been doing marvelously for me. turning out be a good long-term play (got in during disaster dip).
I Am Mike
4 wheels: '01 RAV4 (Formerly '93 Civic CX, '01 S2000, '10 GTI, '09 A4 Avant)
2 wheels: '12 Surly Cross-Check Custom | '14 Trek Madone 2.1 105 | '17 Norco Threshold SL Force 1 | '17 Norco Revolver 9.2 FS | '18 BMC Roadmachine 02 Two | '19 Norco Search XR Steel (Formerly '97 Honda VFR750F, '05 Giant TCR 2, '15 WeThePeople Atlas 24, '10 Scott Scale 29er XT, '11 Cervelo R3 Rival, '12 Ridley X-Fire Red)
No longer onyachin.
My portfolio has been crap, except for Visa.
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'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
S&P500 cant break resistance at 1300 and hold it so personally I would hold off on any long plays until it does.
still possiblity for a tank
i fully expect another tank. this economy is still supported by toothpicks.
I Am Mike
4 wheels: '01 RAV4 (Formerly '93 Civic CX, '01 S2000, '10 GTI, '09 A4 Avant)
2 wheels: '12 Surly Cross-Check Custom | '14 Trek Madone 2.1 105 | '17 Norco Threshold SL Force 1 | '17 Norco Revolver 9.2 FS | '18 BMC Roadmachine 02 Two | '19 Norco Search XR Steel (Formerly '97 Honda VFR750F, '05 Giant TCR 2, '15 WeThePeople Atlas 24, '10 Scott Scale 29er XT, '11 Cervelo R3 Rival, '12 Ridley X-Fire Red)
No longer onyachin.
It's the reason 40% of my retirement is in bonds.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
Bonds? Serious meh.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
Have fun riding the down slope!
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
I hear ya, I'm 50% in a bond fund (FBIDX) myself recently. Same reason. And nearly guaranteed 6-8% yearly isn't horrible.
The only thing that stops a bad guy with a van is a good guy with a van
So here's a question.
I've got this coin, right? And I thought about selling it (since gold is through the fucking roof wtf.) and buying some stocks. Maybe something dividend-y. Thoughts?
1987 Oldsmobile Cutlass 442
GOLD is the ONLY asset that never loses its value!!!!! haven't you heard!??!??
2013 Cadillac ATS....¶▅c●▄███████||▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅||█~ ::~ :~ :►
2008 Chevy Malibu LT....▄██ ▲ █ █ ██▅▄▃▂
1986 Monte Carlo SS. ...███▲▲ █ █ ███████
1999 F250 SuperDuty...███████████████████►
1971 Monte Carlo SC ...◥☼▲⊙▲⊙▲⊙▲⊙▲⊙▲⊙▲⊙☼◤
CaptainHenreh Wrote:So here's a question.
I've got this coin, right? And I thought about selling it (since gold is through the fucking roof wtf.) and buying some stocks. Maybe something dividend-y. Thoughts?
gold is high right now. i would not be buying it, but i'd probably not sell it if i had it. i know that sounds like it makes little sense, but that's what i'm going with.
dividend stocks should be long plays. as i firmly believe the market will crash again, long plays aren't smart.
says the guy with most of his assets in dividendy long plays 
basically, i don't like where i am, but it has been working out and i see no good reason to change it.
I Am Mike
4 wheels: '01 RAV4 (Formerly '93 Civic CX, '01 S2000, '10 GTI, '09 A4 Avant)
2 wheels: '12 Surly Cross-Check Custom | '14 Trek Madone 2.1 105 | '17 Norco Threshold SL Force 1 | '17 Norco Revolver 9.2 FS | '18 BMC Roadmachine 02 Two | '19 Norco Search XR Steel (Formerly '97 Honda VFR750F, '05 Giant TCR 2, '15 WeThePeople Atlas 24, '10 Scott Scale 29er XT, '11 Cervelo R3 Rival, '12 Ridley X-Fire Red)
No longer onyachin.
CaptainHenreh Wrote:So here's a question.
I've got this coin, right? And I thought about selling it (since gold is through the fucking roof wtf.) and buying some stocks. Maybe something dividend-y. Thoughts?
Honestly, I would just keep the gold for now.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
Apoc Wrote:Have fun riding the down slope! Not this guy!
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
My portfolio saw a staggering 1.7% growth in 2011. I really need to change something.
2010 Dodge Ram 1500
2019 Ford Mustang
you beat the S&P! not so bad
Redneck Retirement (and you would be amazed at the number of families I deal with in my job that have $0 in any sort of retirement/savings but can afford $40 a week in lottery tickets.)
![[Image: smpl_tic_megamillions.jpg]](http://oregonlottery.org/images/tickets/smpl_tic_megamillions.jpg)
2010 Dodge Ram 1500
2019 Ford Mustang
No talk about the Facebook IPO?
I've heard that the layperson won't be able to buy stock, that it is all already spoken for. I don't do a lot of individual stock trading / purchasing so I don't know the truth to that, but just sayine
I personally believe Facebook is lined up to take over the world, so if I can I will probably try to pick some up.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
WRXtranceformed Wrote:No talk about the Facebook IPO?
I've heard that the layperson won't be able to buy stock, that it is all already spoken for. I don't do a lot of individual stock trading / purchasing so I don't know the truth to that, but just sayine
I personally believe Facebook is lined up to take over the world, so if I can I will probably try to pick some up.
I personally stay away from high-risk investments....
Facebook is lining up their IPO and word on the street is they are "reaching" for a vvvvvverrry high IPO. I will let you interpret that.
2020 Ford Raptor
2009 Z06
1986.5 Porsche 928S
its not 1998 anymore, stay far away from IPOs
or even better, short the IPO at the spike
Evan Wrote:or even better, short the IPO at the spike no joke
More realistically, I'm too chicken to touch FB stock. Said to be overvalued and I certainly don't know any better.
As for your claim that they'll "take over the world" and treating it as a long term play, isn't it inevitable that someone's going to eat their lunch in another year or so? FB has stopped innovating, someone will do it better.
The only thing that stops a bad guy with a van is a good guy with a van
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