Took 70% of my cash and put it into the stock market

Meast21

Well-Known Member
I ran that gauntlet years ago , just like gambling...hit it big then take it in the ass. I'm older and more conservative........call be a boring ass-hat , but I've learned to like CD's......I make out in the worst of times. That market is like cocaine , " the lure of easy money " .
What Cd's and what percent do you get nowadays??
 

Meast21

Well-Known Member
It's a very nervous market the past couple of trading days. The Fed move was def a cause of this chain reaction we got going on. And yeah... it may take a minute for Crypto to find the bottom. The energy sector took a proper beating as well today. HAL, DVN, CVX, XOM, MRO... brutal.
Crypto and especially nft's will never go mainstream, but you can obvs make money on them.... Just another pyramid scheme.
 

xtsho

Well-Known Member
Quite a fall from glory in well under a year. Hype doesn't equal profits. And they still plan on opening 130 more locations in the very saturated and highly competitive coffee market.

BROS

"Dutch Bros’ stock dropped nearly 16% in regular trading, then another 36% in after-hours trading following the earnings release."

"The stock was trading at $21.87, its lowest point since going public at $23 a share last September. Shares traded as high as $81 a share last fall."

"The chain plans to open at least 130 drive-thrus this year — five more than previously forecast — as it expands into Texas and Oklahoma and builds out its footprint in Southern California."

And they still plan on opening 130 more locations in the very saturated and highly competitive coffee market. Or so they say. Imagine the pain some bad investors are feeling that bought in at $81 only to watch 75% of their money evaporate in 6 months.

 

Meast21

Well-Known Member
It changes every 6 months. If you scroll to the bottom of the link it shows the composite interest rate history for the last 20 years.

the interest also compounds twice a year, which means you earn interest on your interest.
Ok, but what can I expect the range of the interest rate to be over good and bad times? Is it gonna be in the 5-10% range no matter what?
 

MAGpie81

Well-Known Member
Ford (F) is down now, and I never would have thought to buy stock, but with their focus going to ev’s, and having a comparatively affordable and well reviewed truck (which appeals to manual-laborers fed up with high gas prices), and the fact they are building more ev factories/creating jobs, I would say buy up a large chunk now while cheap, and watch it grow. Compare Ford’s operating strategy with Tesla (and it’s unhinged CEO) and I think more “working-folk” will be brought over to the green-side of things through practical and affordable vehicles. Currently invested in NIO in the Asian market as well.
I’m also invested in Makita (MKTAY) as they make some of the most-trusted-by-contractors battery-operated hand tools, and California is set to require all new power tools to be non-gas powered.
But, I’m a noob in stocks, just playing by the trends I see and read about around me.
 

MAGpie81

Well-Known Member
An index fund (just follows the dow) beats individual stock picks > 90% of the time
I saw you say this earlier in this thread.
I will take your advice once I’ve built up my cash base more. Bought a number of individual stocks recently in the dip simply due to affordability and to give me a feel of the market.
Might become more active in this app-; it’s like Twitter for stock portfolios; maybe you’ve heard of it
 

madvillian420

Well-Known Member
Ford (F) is down now, and I never would have thought to buy stock, but with their focus going to ev’s, and having a comparatively affordable and well reviewed truck (which appeals to manual-laborers fed up with high gas prices), and the fact they are building more ev factories/creating jobs, I would say buy up a large chunk now while cheap, and watch it grow. Compare Ford’s operating strategy with Tesla (and it’s unhinged CEO) and I think more “working-folk” will be brought over to the green-side of things through practical and affordable vehicles. Currently invested in NIO in the Asian market as well.
I’m also invested in Makita (MKTAY) as they make some of the most-trusted-by-contractors battery-operated hand tools, and California is set to require all new power tools to be non-gas powered.
But, I’m a noob in stocks, just playing by the trends I see and read about around me.
i bought a couple hundred $ worth of Ford before they announced the bronco at around $11-13 i think and sold at $21 per share. Besides Doge thats been my biggest success in my foray into playing day trader with my pocket change lol. Hard to say how long youll be waiting for everything to climb out of the toilet as far as trending back up consistently though, been getting lots of alerts for 52 week lows lately.

I did see an article about a probable class action lawsuit coming forth soon regarding a significant number of new Bronco owners having catastrophic engine failures though, depending on how much if any news attention that gets it would have the possibility of putting an even bigger dent in the current dip.
 

MAGpie81

Well-Known Member
i bought a couple hundred $ worth of Ford before they announced the bronco at around $11-13 i think and sold at $21 per share. Besides Doge thats been my biggest success in my foray into playing day trader with my pocket change lol. Hard to say how long youll be waiting for everything to climb out of the toilet as far as trending back up consistently though, been getting lots of alerts for 52 week lows lately.

I did see an article about a probable class action lawsuit coming forth soon regarding a significant number of new Bronco owners having catastrophic engine failures though, depending on how much if any news attention that gets it would have the possibility of putting an even bigger dent in the current dip.
Yeah, I’m mostly in for the long haul, and even then I only have a little over a grand invested, so not going to worry much about it.
Ford has a number of woes, like their mach-e Mustang, but I’m grateful to see them pushing hard on electric. An educated guess says it is the future, if there is to be one in (think Star Wars over Mad Max). I’m also hedging on battery-electric power tools overtaking gas-powered, so have shares in component industries. California, where I live, is banning new sales of gas-powered tools, and like it or not, the state has a lot of market sway in that arena.
Another aside is I figure the stock market is often rigged to try and shake off small-timers like me (think the GameStop debacle; good documentary: Gaming Wall St.) so as they say- HODL.
 

madvillian420

Well-Known Member
I’m also hedging on battery-electric power tools overtaking gas-powered, so have shares in component industries. California, where I live, is banning new sales of gas-powered tools, and like it or not, the state has a lot of market sway in that arena.
Agreed. Ive noticed a lot of companies moving past and above the 20v standard to higher numbers, which will undoubtedly lead to gasoline levels of performance or better eventually. Ill probably give it another year or 2 and switch over to mostly electric tools as well
 

Rufus T. Firefly

Well-Known Member
I wouldn't be a bond buyer in here. But if you have cash some starting to get it to work in the equity markets. One might want to look at some broad based, super low cost and tax efficient index ETF) makes sense). Not saying it's the bottom just that buying 20% dips tends to be profitable longer term.

It's probably not the bottom but if it goes down more you can double up buttercup.
 
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