Biz-R-OWorld 20954 Posted January 8 10 minutes ago, Nomad said: Ok I jumped in on Tesla . We’ll see if it’s to, late Lol . Kept the amount in the five figures just in case it is . you are already up 7%!. Remember when 7% was considered a good year? These days it's a good morning Quote Share this post Link to post Share on other sites
Nomad 12598 Posted January 8 I’m a tortoise ( and Boglehead ) , who always held a long term time horizon, frankly we’ve amassed a good bit and in our sixties , I don’t invest to hit home runs or strike out . 7% overall would yield us a safe six figure return . 2 Quote Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 8 (edited) 12 minutes ago, Nomad said: I’m a tortoise ( and Boglehead ) , who always held a long term time horizon, frankly we’ve amassed a good bit and in our sixties , I don’t invest to hit home runs or strike out . 7% overall would yield us a safe six figure return . For sure. especially at your age. I just meant the general number and how crazy the market is these past few years. Btw, today is Tesla's 11th or 12th straight day of gains. That's a record for them. If you hopped in 12 days ago you'd be up over 40%. Bonkers Edited January 8 by Biz-R-OWorld 1 Quote Share this post Link to post Share on other sites
Don_C 1611 Posted January 9 Tesla is on fire this week, my son works as an engineer with the battery development team in Buffalo/ Rochester and is investing all he can, he called me yesterday and said “Hey Dad, My Tesla stock went up $45k today!” I wish I had his brains and cash when I was in my 20’s. Sent from my iPhone using Tapatalk 4 Quote Share this post Link to post Share on other sites
sodfather 5075 Posted January 9 On 1/7/2021 at 7:13 PM, Team Hoyt said: Thinking of getting into Amazon, Microsoft and tesla because its mentioned alot on here. Never done stocks before. Is it best to put $20 in each and let it go and once I make $100 on it to cash out the $100 and keep going or what Stay away from the names you hear. I think the money to be made is on the names you’ll hear 5 years from now . Quote Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 9 Tesla is on fire this week, my son works as an engineer with the battery development team in Buffalo/ Rochester and is investing all he can, he called me yesterday and said “Hey Dad, My Tesla stock went up $45k today!” I wish I had his brains and cash when I was in my 20’s. Sent from my iPhone using TapatalkWow. On a 7% day, that means he has around $625K, now $670K just in Tesla stock. Sent from my iPhone using Tapatalk Pro Quote Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 11 Go $PENN Go!Portnoy for Prez!Sent from my iPhone using Tapatalk Pro Quote Share this post Link to post Share on other sites
sodfather 5075 Posted January 12 ABNB with a nice day today. Drinks are on @Elmo tonight! Quote Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 12 $PENN. $80 last Monday, touched $106 today. Dave Portnoy for Prez (of USA). Quote Share this post Link to post Share on other sites
REDNECK4LIFE32 732 Posted January 12 I'd Like to start investing. What are some good starters stocks? some with some sort of revenue when cashed out. Im new at this just looking for some guidance. Like how much I drop for money off the bat? I know it's a gamble I've heard of people losing alot. Quote Share this post Link to post Share on other sites
mlammerhirt 3113 Posted January 12 Wow. On a 7% day, that means he has around $625K, now $670K just in Tesla stock. Sent from my iPhone using Tapatalk ProNot being a financial guy and investing moderately......my question is won't he pay a considerable amount on capital gains when he cashes out?Sent from my moto z3 using Tapatalk Quote Share this post Link to post Share on other sites
GreeneHunter 4293 Posted January 13 I've always been interested in getting into Dividend Reinvestment Programs, or DRIPs ! Anybody ever look into or get into these programs ? At my ripe old age its probably too late but I might want to get a Grandchild into one ! Quote Answer to No One ! Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 13 Not being a financial guy and investing moderately......my question is won't he pay a considerable amount on capital gains when he cashes out?Sent from my moto z3 using TapatalkWho cares is always my response when people ask that. This is my view- you’re Paying tax on profits. Assuming is a long term gain. He’s getting taxed 15% or 20%. So $20K at most on every $100K. I think anyone would gladly take 80% Sent from my iPhone using Tapatalk Pro Quote Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 13 I've always been interested in getting into Dividend Reinvestment Programs, or DRIPs ! Anybody ever look into or get into these programs ? At my ripe old age its probably too late but I might want to get a Grandchild into one !Yes. Any stock/etf/mutual fund that I have whether it’s liquid account, ira or 401k I have it setup to DRIP. Every quarter or annually (depending on the fund), you’re dividends get reinvested. For example, my 401K has CISGX. Their annual dividend was something like $1.85/share in December. The fund is only $19-20/share. So essentially I got 8-9% and automatically reinvested. It adds up quickly. Sent from my iPhone using Tapatalk Pro 1 Quote Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 13 Twitter down 12% and $5 billion since the Trump ban Sent from my iPhone using Tapatalk Pro 1 Quote Share this post Link to post Share on other sites
Elmo 4681 Posted January 13 5 hours ago, sodfather said: ABNB with a nice day today. Drinks are on @Elmo tonight! I bet heavily on travel returning and the EV market so I had a good day all around. Also got in on APHA on your recommendation. Late (at $7.90) but better than never so I owe you at least two beers next time you're down here. 2 Quote NRA Lifetime member. "We do not inherit the Earth from our ancestors, we borrow it from our children." - Native American Indian Proverb "My goal in life is to become as wonderful as my dog thinks I am" - Toby & Eileen Green Share this post Link to post Share on other sites
The Jerkman 5830 Posted January 13 Not being a financial guy and investing moderately......my question is won't he pay a considerable amount on capital gains when he cashes out?Sent from my moto z3 using TapatalkAnswer depends on whether long term or short term. Short term are taxed as regular income. Long term is 15-20% as biz has already explained#ThankYouForLessOverzealousModding #WeDemandUnlimitedLikes#WeDemandADislikeButton 1 Quote Share this post Link to post Share on other sites
johnplav 4143 Posted January 13 12 hours ago, Elmo said: I bet heavily on travel returning and the EV market so I had a good day all around. Also got in on APHA on your recommendation. Late (at $7.90) but better than never so I owe you at least two beers next time you're down here. EV was good to me for Blink Charging and Plug Power. Not Nikola tho... and what price do I drop that turd for a loss? Quote Share this post Link to post Share on other sites
Biz-R-OWorld 20954 Posted January 13 3 hours ago, johnplav said: EV was good to me for Blink Charging and Plug Power. Not Nikola tho... and what price do I drop that turd for a loss? That's a question you have to ask yourself. If you believe in the stock and that it will rise, then hold it. But if you confident that you can be making gains elsewhere then sell and make your gains! You can also jump back into the initial stock down the road anyway. I was in this situation with RKT- for about a month i contemplated selling. finnaly i took the loss, moved the money into draft kings and PENN and made that loss back quick anyway. RKT hasn't moved much so i made the right move. 1 Quote Share this post Link to post Share on other sites
phade 5132 Posted January 13 So weird, I just got into APHA today unrelated. I'm still somewhat mixed based on their limited US exposure, which is mainly CBD. Plus the whole merger deal with Tilray. This one was a pure roll of the dice for me. Also got into Tesla for a small amount on emotional trading...but more or less just $ to see what happens. For dividends play, I also got into Norfolk Southern. Similar to travel, I expect rail to be a solid bet for the time being as the economy seems to be faring OK with the pandemic and logistics/transport like NS will grow as consumers spend more as the pandemic winds down. I think there will be an appetite. I'm OK holding this for a while, too, to see what happens. It has alot of upside with the dividend and current payout rates. I'm also looking into banks. Not sure why because they've bit me in the azz every time I've taken a position. Sucker. 1 Quote Share this post Link to post Share on other sites
First-light 4202 Posted January 13 25 minutes ago, phade said: So weird, I just got into APHA today unrelated. I'm still somewhat mixed based on their limited US exposure, which is mainly CBD. Plus the whole merger deal with Tilray. This one was a pure roll of the dice for me. Also got into Tesla for a small amount on emotional trading...but more or less just $ to see what happens. For dividends play, I also got into Norfolk Southern. Similar to travel, I expect rail to be a solid bet for the time being as the economy seems to be faring OK with the pandemic and logistics/transport like NS will grow as consumers spend more as the pandemic winds down. I think there will be an appetite. I'm OK holding this for a while, too, to see what happens. It has alot of upside with the dividend and current payout rates. I'm also looking into banks. Not sure why because they've bit me in the azz every time I've taken a position. Sucker. APHA has been great to me, good luck. 1 Quote "We Feed 'em" "He Breeds 'em" Legends Lodge, "Where Legends are born" Share this post Link to post Share on other sites
Elmo 4681 Posted January 14 12 hours ago, johnplav said: EV was good to me for Blink Charging and Plug Power. Not Nikola tho... and what price do I drop that turd for a loss? I was in Nikola then their founder went coo-coo and I sold for a lose. I went back in but wanted to buy into FCEL so I sold Nikola again but this time for a small profit. The very next day, Nikola jumps up 20%. Go figure. FCEL also jumped up so I can't complain but it didn't go up by 20%. Quote NRA Lifetime member. "We do not inherit the Earth from our ancestors, we borrow it from our children." - Native American Indian Proverb "My goal in life is to become as wonderful as my dog thinks I am" - Toby & Eileen Green Share this post Link to post Share on other sites
Elmo 4681 Posted January 14 7 hours ago, First-light said: APHA has been great to me, good luck. APHA is on the cusp of a major merger. Once approved, the two companies will form the biggest cannibus company in the world. But they're having trouble with the merger approval. If it fails, the stock can tank some. It's recent climb is in anticipation of this merger. 2 Quote NRA Lifetime member. "We do not inherit the Earth from our ancestors, we borrow it from our children." - Native American Indian Proverb "My goal in life is to become as wonderful as my dog thinks I am" - Toby & Eileen Green Share this post Link to post Share on other sites
sodfather 5075 Posted January 14 I like others got into APHA a while ago and it’s been slow but recently rising. Also ABNB when they first went public. I believe this is going to be a monster in 3 years. I’m also heavy into the chip makers and have been for sometime along with blockchain and percussion medicine. Quote Share this post Link to post Share on other sites
First-light 4202 Posted January 14 (edited) 50 minutes ago, sodfather said: I like others got into APHA a while ago and it’s been slow but recently rising. Also ABNB when they first went public. I believe this is going to be a monster in 3 years. I’m also heavy into the chip makers and have been for sometime along with blockchain and percussion medicine. Beat estimates on earnings , huge surge in demand. Loss widen though. Edited January 14 by First-light Quote "We Feed 'em" "He Breeds 'em" Legends Lodge, "Where Legends are born" Share this post Link to post Share on other sites