With some of these stocks, you are essentially gambling on people who don't know what they are doing overpaying for these stocks to buy your already over-inflated shares off of you. Just don't be the person at the top of the house of cards, then you are golden.

Look at BYND and BMBL. I think you bought high, should have waited for it to settle.

Couldn't agree more.  There's risk but the reward is outrageous.  All it takes is 1 day when things go up 100% --- all it takes is 1 ... kind of like the old days of hanging out at the North Shore Grille in Jax Beach at 1:55am  --- all it takes is 1. 

oops forgot about BYND and BMBL .... I'll be right back -- HA !!!

---

I located the missing jagibelieve checking out his Boeing stock

---

I located the missing jagibelieve checking out his Boeing stock

I can imagine the equivalent of how he feels right now is how I feel when I watch the NBA these days having grown up watching it in the early 90's.

---

For you day trader kiddies, here is an update on what I have done over the past couple of weeks.

I sold my position in Boeing a couple of weeks ago.  Took profits and re-invested in ITA (Aerospace and Defense ETF).  My reasoning is that ITA has a large holding of Boeing stock (as well as other players) yet pays a decent dividend every quarter.  Normally I would just hold what I had, but I'm not real keen on buying/holding individual stocks.

I took profits from my tech ETF (IXN) though I did not sell all shares, just a FIFO deal.  I also took profits from my shares in Micro$oft and held on to 100 shares since I think that it will still move higher.  I used a portion of the profits that I made over the last year on these to purchase some energy and oil stuff.

I also sold off a few other positions (not completely) and re-invested a portion back (small caps, financials).

What I haven't re-invested yet is sitting in cash.  I'm roughly 60% cash and 40% invested.  My main targets are the energy and financial sectors with a small portion in tech.  I do also have a few REiT's that I might re-balance soon.  Real estate has been on fire, yet the bubble is coming (my thinking).

I'm playing it "slow and steady" rather than waiting for the "next day's pop" on an individual stock.

---

There are 10 kinds of people in this world.  Those who understand binary and those who don't.

I located the missing jagibelieve checking out his Boeing stock

That's the difference between me and you.  I don't watch that closely and make dumb decisions based on what Reddit says.  I buy and hold for the longer term.

---

There are 10 kinds of people in this world.  Those who understand binary and those who don't.

For you day trader kiddies, here is an update on what I have done over the past couple of weeks.

I sold my position in Boeing a couple of weeks ago.  Took profits and re-invested in ITA (Aerospace and Defense ETF).  My reasoning is that ITA has a large holding of Boeing stock (as well as other players) yet pays a decent dividend every quarter.  Normally I would just hold what I had, but I'm not real keen on buying/holding individual stocks.

I took profits from my tech ETF (IXN) though I did not sell all shares, just a FIFO deal.  I also took profits from my shares in Micro$oft and held on to 100 shares since I think that it will still move higher.  I used a portion of the profits that I made over the last year on these to purchase some energy and oil stuff.

I also sold off a few other positions (not completely) and re-invested a portion back (small caps, financials).

What I haven't re-invested yet is sitting in cash.  I'm roughly 60% cash and 40% invested.  My main targets are the energy and financial sectors with a small portion in tech.  I do also have a few REiT's that I might re-balance soon.  Real estate has been on fire, yet the bubble is coming (my thinking).

I'm playing it "slow and steady" rather than waiting for the "next day's pop" on an individual stock.

WELCOME BACK !!!  Thanks for the update.  Always good to have ideas from a different train of thought as I may implement some in the future when the market climate changes.

signed 
- trader kiddie

---

For you day trader kiddies, here is an update on what I have done over the past couple of weeks.

I sold my position in Boeing a couple of weeks ago.  Took profits and re-invested in ITA (Aerospace and Defense ETF).  My reasoning is that ITA has a large holding of Boeing stock (as well as other players) yet pays a decent dividend every quarter.  Normally I would just hold what I had, but I'm not real keen on buying/holding individual stocks.

I took profits from my tech ETF (IXN) though I did not sell all shares, just a FIFO deal.  I also took profits from my shares in Micro$oft and held on to 100 shares since I think that it will still move higher.  I used a portion of the profits that I made over the last year on these to purchase some energy and oil stuff.

I also sold off a few other positions (not completely) and re-invested a portion back (small caps, financials).

What I haven't re-invested yet is sitting in cash.  I'm roughly 60% cash and 40% invested.  My main targets are the energy and financial sectors with a small portion in tech.  I do also have a few REiT's that I might re-balance soon.  Real estate has been on fire, yet the bubble is coming (my thinking).

I'm playing it "slow and steady" rather than waiting for the "next day's pop" on an individual stock.

You sound pretty salty about what other people decide to do with their own money. Just sayin...

---

What in the Wide Wide World of Sports is agoin' on here???

Just bought some RBLX in my kids accounts. They are excited to watch it. Now they asked me to buy more robux so the price goes up. I am not raising idiots.

I bought RBLX yesterday @ $73.76 --- down some but it's worth a shot.

Also just picked up AMC at $9.99 and EXPR @ $3.89 -- did a calculation this a.m. only to realize my ROI on the AMC (109%), KOSS (84%), and GME (243%) totals 94.57% in the aggregate based on the weighted average.  This represents 5.5% of my 16% YTD Gain.  House money right now on AMC, KOSS, and EXPR.  

KOSS up 22% and EXPR up 15% and AMC up 6%  right now.   Can't make this [BLEEP] up !!!   

** Update 10:15am -- Just sold KOSS (23%) and EXPR (14%) 
** Update 11:00am -- sold AMC (7%)

Time to sit back and wait for the dip then buy again.

.... and to think, I was going to cancel my amazon order this morning (that already shipped) because i found my hiking boots $10 cheaper on another site    ---- it still freaking irks me but since it shipped, I couldn't pull the trigger.

---

I bought RBLX yesterday @ $73.76 --- down some but it's worth a shot.

Also just picked up AMC at $9.99 and EXPR @ $3.89 -- did a calculation this a.m. only to realize my ROI on the AMC (109%), KOSS (84%), and GME (243%) totals 94.57% in the aggregate based on the weighted average.  This represents 5.5% of my 16% YTD Gain.  House money right now on AMC, KOSS, and EXPR.  

KOSS up 22% and EXPR up 15% and AMC up 6%  right now.   Can't make this [BLEEP] up !!!   

** Update 10:15am -- Just sold KOSS (23%) and EXPR (14%) 

.... and to think, I was going to cancel my amazon order this morning (that already shipped) because i found my hiking boots $10 cheaper on another site    ---- it still freaking irks me but since it shipped, I couldn't pull the trigger.

Return them

---

What in the Wide Wide World of Sports is agoin' on here???

.... and to think, I was going to cancel my amazon order this morning (that already shipped) because i found my hiking boots $10 cheaper on another site    ---- it still freaking irks me but since it shipped, I couldn't pull the trigger.

Return them

.... already returned 1 pair due to size so I'm going to bite the bullet on this purchase so Amazon doesn't ban me.  Speaking of which, I was in line at UPS to make a return and 5 of the 8 people in front of me were making returns.  Didn't realize half of their business was derived from returns alone.  pretty amazing.

I'll make up those $10 somewhere.  Perhaps return some of my "best by apr 2017" canned soup back to Publix.

---

For you day trader kiddies, here is an update on what I have done over the past couple of weeks.

I sold my position in Boeing a couple of weeks ago.  Took profits and re-invested in ITA (Aerospace and Defense ETF).  My reasoning is that ITA has a large holding of Boeing stock (as well as other players) yet pays a decent dividend every quarter.  Normally I would just hold what I had, but I'm not real keen on buying/holding individual stocks.

I took profits from my tech ETF (IXN) though I did not sell all shares, just a FIFO deal.  I also took profits from my shares in Micro$oft and held on to 100 shares since I think that it will still move higher.  I used a portion of the profits that I made over the last year on these to purchase some energy and oil stuff.

I also sold off a few other positions (not completely) and re-invested a portion back (small caps, financials).

What I haven't re-invested yet is sitting in cash.  I'm roughly 60% cash and 40% invested.  My main targets are the energy and financial sectors with a small portion in tech.  I do also have a few REiT's that I might re-balance soon.  Real estate has been on fire, yet the bubble is coming (my thinking).

I'm playing it "slow and steady" rather than waiting for the "next day's pop" on an individual stock.

This is what playing Keno at the casino looks like^

---

Your beliefs become your thoughts,
Your thoughts become your words,
Your words become your actions,
Your actions become your habits,
Your habits become your values,
Your values become your destiny.

For you day trader kiddies, here is an update on what I have done over the past couple of weeks.

I sold my position in Boeing a couple of weeks ago.  Took profits and re-invested in ITA (Aerospace and Defense ETF).  My reasoning is that ITA has a large holding of Boeing stock (as well as other players) yet pays a decent dividend every quarter.  Normally I would just hold what I had, but I'm not real keen on buying/holding individual stocks.

I took profits from my tech ETF (IXN) though I did not sell all shares, just a FIFO deal.  I also took profits from my shares in Micro$oft and held on to 100 shares since I think that it will still move higher.  I used a portion of the profits that I made over the last year on these to purchase some energy and oil stuff.

I also sold off a few other positions (not completely) and re-invested a portion back (small caps, financials).

What I haven't re-invested yet is sitting in cash.  I'm roughly 60% cash and 40% invested.  My main targets are the energy and financial sectors with a small portion in tech.  I do also have a few REiT's that I might re-balance soon.  Real estate has been on fire, yet the bubble is coming (my thinking).

I'm playing it "slow and steady" rather than waiting for the "next day's pop" on an individual stock.

This is what playing Keno at the casino looks like^

I think this is his calculation.  In the meantime, I'll stick with buying recovery stocks and dips in reddit stocks for now and just cash in 20% ROIs in 24 hours.  

---

For you day trader kiddies, here is an update on what I have done over the past couple of weeks.

I sold my position in Boeing a couple of weeks ago.  Took profits and re-invested in ITA (Aerospace and Defense ETF).  My reasoning is that ITA has a large holding of Boeing stock (as well as other players) yet pays a decent dividend every quarter.  Normally I would just hold what I had, but I'm not real keen on buying/holding individual stocks.

I took profits from my tech ETF (IXN) though I did not sell all shares, just a FIFO deal.  I also took profits from my shares in Micro$oft and held on to 100 shares since I think that it will still move higher.  I used a portion of the profits that I made over the last year on these to purchase some energy and oil stuff.

I also sold off a few other positions (not completely) and re-invested a portion back (small caps, financials).

What I haven't re-invested yet is sitting in cash.  I'm roughly 60% cash and 40% invested.  My main targets are the energy and financial sectors with a small portion in tech.  I do also have a few REiT's that I might re-balance soon.  Real estate has been on fire, yet the bubble is coming (my thinking).

I'm playing it "slow and steady" rather than waiting for the "next day's pop" on an individual stock.

You sound pretty salty about what other people decide to do with their own money. Just sayin...

Not really.  I don't care what people choose to do with their money.  It's their choice.  What I do have a problem with is people that are clearly "gambling" in the stock market and selling it as "investing".  They are not the same thing.

A lot of "wealth" was made and lost during the dot-com bubble in the late 90's precisely on stocks such as GME.  No real value in the company, yet the price goes up.  People pile on and jump in thinking that the price is "going to the moon" only to have the company fold and the stock rapidly drop back to where it was (a penny stock).

I have said many times before that I seldom buy individual stocks.  Unlike some people I don't follow the moves of the stock market "real time" every day and I certainly don't pay much attention to after market trading or futures.  IF I choose to buy an individual stock it's only after doing some research and I limit my position.  I personally prefer ETF's and more specifically look at sectors.  I would rather hold a "basket" of stocks in a sector rather than single stocks of companies.  I also look at dividends.  

My strategy works for me (50's near retirement).  Someone younger I might encourage to be a bit more "aggressive" with investments.  Dividends might not be quite as important as the growth of the stock.

My point is the bottom line is that the stock market is not a casino.  Nobody "get's rich quick" like it's portrayed in some movies.  People getting into the market thinking that they are going to beat "the big hedge funds" isn't going to happen.

The concept of investing is "slow is smooth, smooth is fast".  I started investing at a late age in the early 2000's and learned that lesson.  I haven't made millions, but I am going to retire well before "retirement age".

---

There are 10 kinds of people in this world.  Those who understand binary and those who don't.

You sound pretty salty about what other people decide to do with their own money. Just sayin...

Not really.  I don't care what people choose to do with their money.  It's their choice.  What I do have a problem with is people that are clearly "gambling" in the stock market and selling it as "investing".  They are not the same thing.

A lot of "wealth" was made and lost during the dot-com bubble in the late 90's precisely on stocks such as GME.  No real value in the company, yet the price goes up.  People pile on and jump in thinking that the price is "going to the moon" only to have the company fold and the stock rapidly drop back to where it was (a penny stock).

I have said many times before that I seldom buy individual stocks.  Unlike some people I don't follow the moves of the stock market "real time" every day and I certainly don't pay much attention to after market trading or futures.  IF I choose to buy an individual stock it's only after doing some research and I limit my position.  I personally prefer ETF's and more specifically look at sectors.  I would rather hold a "basket" of stocks in a sector rather than single stocks of companies.  I also look at dividends.  

My strategy works for me (50's near retirement).  Someone younger I might encourage to be a bit more "aggressive" with investments.  Dividends might not be quite as important as the growth of the stock.

My point is the bottom line is that the stock market is not a casino.  Nobody "get's rich quick" like it's portrayed in some movies.  People getting into the market thinking that they are going to beat "the big hedge funds" isn't going to happen.

The concept of investing is "slow is smooth, smooth is fast".  I started investing at a late age in the early 2000's and learned that lesson.  I haven't made millions, but I am going to retire well before "retirement age".

Where is the waitress with my drinks?

---

Your beliefs become your thoughts,
Your thoughts become your words,
Your words become your actions,
Your actions become your habits,
Your habits become your values,
Your values become your destiny.

You sound pretty salty about what other people decide to do with their own money. Just sayin...

Not really.  I don't care what people choose to do with their money.  It's their choice.  What I do have a problem with is people that are clearly "gambling" in the stock market and selling it as "investing".  They are not the same thing.

A lot of "wealth" was made and lost during the dot-com bubble in the late 90's precisely on stocks such as GME.  No real value in the company, yet the price goes up.  People pile on and jump in thinking that the price is "going to the moon" only to have the company fold and the stock rapidly drop back to where it was (a penny stock).

I have said many times before that I seldom buy individual stocks.  Unlike some people I don't follow the moves of the stock market "real time" every day and I certainly don't pay much attention to after market trading or futures.  IF I choose to buy an individual stock it's only after doing some research and I limit my position.  I personally prefer ETF's and more specifically look at sectors.  I would rather hold a "basket" of stocks in a sector rather than single stocks of companies.  I also look at dividends.  

My strategy works for me (50's near retirement).  Someone younger I might encourage to be a bit more "aggressive" with investments.  Dividends might not be quite as important as the growth of the stock.

My point is the bottom line is that the stock market is not a casino.  Nobody "get's rich quick" like it's portrayed in some movies.  People getting into the market thinking that they are going to beat "the big hedge funds" isn't going to happen.

The concept of investing is "slow is smooth, smooth is fast".  I started investing at a late age in the early 2000's and learned that lesson.  I haven't made millions, but I am going to retire well before "retirement age".

You’re right, that is the key to investing, and there’s a difference between investing and day trading. I don’t know anyone that’s pushing day trading as investing, especially not on here. 

There is a whole industry that treats the stock market like a casino, and people do get rich from it. Some people make a little money from it and some people end up losing. It’s the way of the world. Winners and losers. As long as you know that going in and are smart about it, it’s no difference that heading to Vegas. Play with what you’re okay with losing, and hopefully quit while you’re ahead.

---

What in the Wide Wide World of Sports is agoin' on here???

Not really.  I don't care what people choose to do with their money.  It's their choice.  What I do have a problem with is people that are clearly "gambling" in the stock market and selling it as "investing".  They are not the same thing.

A lot of "wealth" was made and lost during the dot-com bubble in the late 90's precisely on stocks such as GME.  No real value in the company, yet the price goes up.  People pile on and jump in thinking that the price is "going to the moon" only to have the company fold and the stock rapidly drop back to where it was (a penny stock).

I have said many times before that I seldom buy individual stocks.  Unlike some people I don't follow the moves of the stock market "real time" every day and I certainly don't pay much attention to after market trading or futures.  IF I choose to buy an individual stock it's only after doing some research and I limit my position.  I personally prefer ETF's and more specifically look at sectors.  I would rather hold a "basket" of stocks in a sector rather than single stocks of companies.  I also look at dividends.  

My strategy works for me (50's near retirement).  Someone younger I might encourage to be a bit more "aggressive" with investments.  Dividends might not be quite as important as the growth of the stock.

My point is the bottom line is that the stock market is not a casino.  Nobody "get's rich quick" like it's portrayed in some movies.  People getting into the market thinking that they are going to beat "the big hedge funds" isn't going to happen.

The concept of investing is "slow is smooth, smooth is fast".  I started investing at a late age in the early 2000's and learned that lesson.  I haven't made millions, but I am going to retire well before "retirement age".

You’re right, that is the key to investing, and there’s a difference between investing and day trading. I don’t know anyone that’s pushing day trading as investing, especially not on here. 

There is a whole industry that treats the stock market like a casino, and people do get rich from it. Some people make a little money from it and some people end up losing. It’s the way of the world. Winners and losers. As long as you know that going in and are smart about it, it’s no difference that heading to Vegas. Play with what you’re okay with losing, and hopefully quit while you’re ahead.

So wait a minute there? I got a second mortgage, car title loan, a zero percent apr card to transfer all my CC debt so I can load up a cash advance on all my cards, all the while supporting my culinary arts degree with advanced ramen cooking. Are you trying to say that I'm doing this wrong?

---

Your beliefs become your thoughts,
Your thoughts become your words,
Your words become your actions,
Your actions become your habits,
Your habits become your values,
Your values become your destiny.

I'm glad you day traders know what you're doing, and are making money at it.  I learned a long time ago that when it comes to the stock market, I'm like a lot of investors.  I make two types of mistakes: buying at the wrong time, and selling at the wrong time.   So I figured that if I just buy, and never sell, I eliminate half my mistakes.   I also avoid income taxes on my gains.   And that's the approach that works for me.  Just buy carefully and hold forever.  

Compared to me, Jagibelieve is a wild man, haha.  

Day trading small amounts of money you can afford to lose is a nice game, and I'm glad you guys are doing well at it.  But I could never do it.  I'd be terrible at it.

---

You’re right, that is the key to investing, and there’s a difference between investing and day trading. I don’t know anyone that’s pushing day trading as investing, especially not on here. 

There is a whole industry that treats the stock market like a casino, and people do get rich from it. Some people make a little money from it and some people end up losing. It’s the way of the world. Winners and losers. As long as you know that going in and are smart about it, it’s no difference that heading to Vegas. Play with what you’re okay with losing, and hopefully quit while you’re ahead.

So wait a minute there? I got a second mortgage, car title loan, a zero percent apr card to transfer all my CC debt so I can load up a cash advance on all my cards, all the while supporting my culinary arts degree with advanced ramen cooking. Are you trying to say that I'm doing this wrong?

I know you are being facetious, but that is actually a pretty interesting question when you think about it.  

With the caveat that there are a lot of people out there who are struggling to make ends meet, and I don't want to come across as an arrogant prick (any more than I already am), here is my thinking.   Beyond being a really great person and giving your wealth to charity, or to your kids in an inheritance, if you really want to think about your own life, and how to live it to the max, you have to realize, money that is not spent is useless.  It's just a number.  You've wasted your time accumulating money if you don't spend it.  The value of money is that it can be traded for stuff, or great experiences.  If you die with a fortune, that fortune is wasted.  Money is for spending.  That's all it's good for.  Borrowed money is even better, because you get to spend other people's money on yourself.

Borrow to the max, spend to the max, die with nothing.  You win.

Life is short, so max out your credit cards and go take that advanced ramen cooking course.  You could make a case for that.

---

Borrow to the max, spend to the max, die with nothing.  You win.

One can actually leave some wealth to their children, essentially providing financial security for generations to come.  As such, I think there is a balance between spending saving, enjoying ones life while providing a certain $ inheritance for their children, who will in turn, pass it forward.

---

Borrow to the max, spend to the max, die with nothing.  You win.

One can actually leave some wealth to their children, essentially providing financial security for generations to come.  As such, I think there is a balance between spending saving, enjoying ones life while providing a certain $ inheritance for their children, who will in turn, pass it forward.

But if you have no kids, borrow and spend everything and trade only on margin!!

---