wiscotitansfan Posted August 29, 2016 Report Share Posted August 29, 2016 4 hours ago, Kyle021 said: Wtf? I understand none of this. Is there a book y'all recommend for investing? Something to educate myself with? Its something I need to look into. Not sure if there are some specifically to investing but Coursera and other sites that run MOOCs (Massive Open Online Courses) are really cool to gather some basic information since "beginner" courses are usually pretty easy and slow paced... and it's not like homework is required for a free online class. kyle021 1 Link to post Share on other sites More sharing options...
Downtown Posted August 29, 2016 Report Share Posted August 29, 2016 We should have a pool of when people suggest to get "back into" the market. I'm in a similar situation after liquidating several months ago. After moving, deciding to go solo on my investments (screw paying commissions), re-establishing my business structure, buying a house in nashville, and planning a wedding, I'm at a point where I'm waiting with a chunk to jump back in for the long term with my mortgage (30 years). Link to post Share on other sites More sharing options...
OILERMAN Posted August 29, 2016 Report Share Posted August 29, 2016 2 hours ago, Downtown said: We should have a pool of when people suggest to get "back into" the market. Right now wiscotitansfan 1 Link to post Share on other sites More sharing options...
abenjami Posted August 30, 2016 Author Report Share Posted August 30, 2016 6 hours ago, OILERMAN said: Right now Crystal Pepsi had the same strategy. Link to post Share on other sites More sharing options...
pat Posted August 30, 2016 Report Share Posted August 30, 2016 6 hours ago, abenjami said: Crystal Pepsi had the same strategy. You're betting against inflation right now, which is not a great place to be. Link to post Share on other sites More sharing options...
OILERMAN Posted August 30, 2016 Report Share Posted August 30, 2016 Crystal Pepsi always stayed in the market because it went up 70% of the time? Link to post Share on other sites More sharing options...
Downtown Posted August 30, 2016 Report Share Posted August 30, 2016 18 hours ago, OILERMAN said: Right now I currently have a modest Series A investment in two young breweries that have good outlooks. I'm waiting to see if I can jump in on the Series B to pad my hand. Otherwise, I probably would jump in right now. Thinking election time might be best as I'll know the outcome of the investment rounds. Link to post Share on other sites More sharing options...
abenjami Posted September 9, 2016 Author Report Share Posted September 9, 2016 The market is currently just under the point where I liquidated. Link to post Share on other sites More sharing options...
TitanedUpSince'70 Posted September 9, 2016 Report Share Posted September 9, 2016 (edited) 3 hours ago, abenjami said: The market is currently just under the point where I liquidated. I set what I called the Abenjami line, or zone, down at Dow 18150 area - and zone area down to 18000, because that's where the support area is. If it breaks below that and holds, it's looking favorable for you. Time to gather the wagons in a circle and wait and see if the Injuns may be comin' soon! Edited September 9, 2016 by TitanedUpSince'70 Link to post Share on other sites More sharing options...
Cyrus Posted September 9, 2016 Report Share Posted September 9, 2016 4 hours ago, abenjami said: The market is currently just under the point where I liquidated. I think I've seen about 5-6+% equity gain since you liquidated. Not including dividends. (maybe average 1.25% per quarter). Obviously that could change at any time, but I won't be selling either way. A good portion of my investments are for dividend growth anyways. I'm just waiting for some of these to average 10-20% annual yield on my original investment. wiscotitansfan 1 Link to post Share on other sites More sharing options...
abenjami Posted September 9, 2016 Author Report Share Posted September 9, 2016 36 minutes ago, Cyrus said: I think I've seen about 5-6+% equity gain since you liquidated. Not including dividends. (maybe average 1.25% per quarter). Obviously that could change at any time, but I won't be selling either way. A good portion of my investments are for dividend growth anyways. I'm just waiting for some of these to average 10-20% annual yield on my original investment. Certainly possible depending on your specific investments. Whenever something falls, something else usually rises as money is moved around. Most of what I owned were tied to the general market health. Link to post Share on other sites More sharing options...
abenjami Posted September 9, 2016 Author Report Share Posted September 9, 2016 2 hours ago, TitanedUpSince'70 said: I set what I called the Abenjami line, or zone, down at Dow 18150 area - and zone area down to 18000, because that's where the support area is. If it breaks below that and holds, it's looking favorable for you. Time to gather the wagons in a circle and wait and see if the Injuns may be comin' soon! I haven't really made any money yet. Most of what I sold is still hovering somewhere around where it was when I sold it. Both of the foreign funds I owned have gone up a couple %. The biggest drop I have avoided so far was a healthcare ETF that has fallen 4.44% since I sold it. And of course the 1% drop on SPY could get to where I want it to be soon. Monday morning is going to be a very big telltale sign IMO. Let the election fear and china's nuke test take hold over the weekend!!! Link to post Share on other sites More sharing options...
OILERMAN Posted September 9, 2016 Report Share Posted September 9, 2016 The fear was supposedly over the Feds raising rates Which I hope they do and don't care if the market keeps on tumbling down Link to post Share on other sites More sharing options...
abenjami Posted September 10, 2016 Author Report Share Posted September 10, 2016 Raise dem rates too then! OILERMAN, and pat 2 Link to post Share on other sites More sharing options...
chef Posted September 10, 2016 Report Share Posted September 10, 2016 I'd be fine with that. Came out positive today mainly as VXX hedge kicked in gear, and some in the money covered calls came back more in line. My dream is that everything crashes and that VXX position shoots insanely high, then as I liquidate it I have capital to dump back into the beat down market. The reality is that I have been waiting forever for that to happen and am way in the hole on the hedge, though still up overall - just not nearly as much as if I had played it straight long. Again, trying to time the market usually = no bueno. Link to post Share on other sites More sharing options...
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