SIGforum
Dow sell off pending?
September 29, 2021, 03:52 PM
mrvmaxDow sell off pending?
quote:
Originally posted by L90814:
quote:
Originally posted by mrvmax:
Anybody should be able to make money in this market, my Interactive Brokers account is up 175% in the last year, my Vanguard is up 71.8% in the last year.
Was it in mutual funds? If so, are you able to share which funds? Thank you for any tips.
I bought MRO and SLB when oil tanked last year. That I did on my own so I've made a good chunk from that. I also bought into uranium which it's not too late to get in to. Uranium still has a lot of upside. I bought some LIT too and that's done well. Here are a few, I had to open an Interactive Brokers account to buy some of those. Get on Twitter and follow people like Trader Ferg, John Quake, Yellowbull, Pinecone Macro - you can get good info, I bought BTU from free info off Twitter (can't recall who) and made 10k off that.
URA
AR
DNN
PALAF
BTU
SD
TVC
CNQ
SU
UEC
September 29, 2021, 03:53 PM
GraniteguyVery few saw the 2000 tech bubble collapse nor the 2008 banking crisis collapse. I didn't - and I lost roughly 35% of my portfolio both times. Given the unrelenting surge of the market, I have taken a more defensive position.
Fat pigs gets slaughtered.
September 29, 2021, 04:20 PM
Sig209quote:
Originally posted by Graniteguy:
Very few saw the 2000 tech bubble collapse nor the 2008 banking crisis collapse. I didn't - and I lost roughly 35% of my portfolio both times. Given the unrelenting surge of the market, I have taken a more defensive position.
Fat pigs gets slaughtered.
what broadly diversified mutual funds trade lower now than after those events?
i was heavily invested during both those periods and did not 'get slaughtered'.
lose value for a time? of course. but long term outlook, proper asset allocation and diversification wins in the end.
------------------------------
Proverbs 27:17 - As iron sharpens iron, so one man sharpens another.
September 29, 2021, 04:26 PM
pedropcolaThat expression is wildly over used. Fat pigs get slaughtered. Most people invest into broad mutual funds consistently over a long time period. Not even close to “fat pigs”. Market timers behavior more closely resembles fat pigs than the average investor.
September 29, 2021, 05:26 PM
old rugged crossif the market drops 15-20% the squealing of the pigs getting slaughtered will be significant
if it gets worse than that. Bacon will be dirt cheap
"Practice like you want to play in the game"
September 29, 2021, 05:37 PM
L90814quote:
Originally posted by mrvmax:
quote:
Originally posted by L90814:
quote:
Originally posted by mrvmax:
Anybody should be able to make money in this market, my Interactive Brokers account is up 175% in the last year, my Vanguard is up 71.8% in the last year.
Was it in mutual funds? If so, are you able to share which funds? Thank you for any tips.
I bought MRO and SLB when oil tanked last year. That I did on my own so I've made a good chunk from that. I also bought into uranium which it's not too late to get in to. Uranium still has a lot of upside. I bought some LIT too and that's done well. Here are a few, I had to open an Interactive Brokers account to buy some of those. Get on Twitter and follow people like Trader Ferg, John Quake, Yellowbull, Pinecone Macro - you can get good info, I bought BTU from free info off Twitter (can't recall who) and made 10k off that.
URA
AR
DNN
PALAF
BTU
SD
TVC
CNQ
SU
UEC
Thank you very much for taking the time to gather all of that and entering it here for us!
September 29, 2021, 07:06 PM
Hammer1967quote:
Originally posted by Graniteguy:
Very few saw the 2000 tech bubble collapse nor the 2008 banking crisis collapse. I didn't - and I lost roughly 35% of my portfolio both times. Given the unrelenting surge of the market, I have taken a more defensive position.
Fat pigs gets slaughtered.
I’ve heard countless “experts” on talk shows and being interviewed talking like they were well aware and warned people of the 2008 collapse. That is horse hockey!
__________________________
If Jesus would have had a gun he would be alive today. Homer Simpson
“Him plenty dead” Tonto
September 29, 2021, 09:48 PM
ensigmaticquote:
Originally posted by Graniteguy:
Very few saw the 2000 tech bubble collapse ...
Mmmm... More like very few acknowledged it was inevitable. More precisely: Very few that mattered. (Brokers, investors, and the like.)
Techies, like me, saw it coming. We watched in awestruck disbelief as DSL resellers sold subscriber circuits for prices so low they
had to be losing money. (They were literally selling subscriber circuits for less than what it cost them to provision them. One reseller was actually quoted as saying "We'll make it up in volume." I kid you not. Many were operating entirely on venture capital.) Meanwhile broadband backbone companies were laying dark fiber right-and-left--with nobody to whom to sell the capacity to make it worthwhile lighting it up.
That was just the broadband aspect of the down-right insane investments we watched happen.
It was only a matter of time.
"America is at that awkward stage. It's too late to work within the system,,,, but too early to shoot the bastards." -- Claire Wolfe
"If we let things terrify us, life will not be worth living." -- Seneca the Younger, Roman Stoic philosopher September 30, 2021, 05:16 AM
r0guequote:
Originally posted by ensigmatic:
quote:
Originally posted by Graniteguy:
Very few saw the 2000 tech bubble collapse ...
Mmmm... More like very few acknowledged it was inevitable. More precisely: Very few that mattered. (Brokers, investors, and the like.)
Techies, like me, saw it coming. We watched in awestruck disbelief as DSL resellers sold subscriber circuits for prices so low they
had to be losing money. (They were literally selling subscriber circuits for less than what it cost them to provision them. One reseller was actually quoted as saying "We'll make it up in volume." I kid you not. Many were operating entirely on venture capital.) Meanwhile broadband backbone companies were laying dark fiber right-and-left--with nobody to whom to sell the capacity to make it worthwhile lighting it up.
That was just the broadband aspect of the down-right insane investments we watched happen.
It was only a matter of time.
And if your company had a color, a noun and a dot com, my God it had to be the next BIG thing!
I was a little bit too young to be jaded enough to call it. But it was confusing and heady, so I certainly felt it. For every one Amazon.com, there were fifty thousand somethingelses.com
