Boiler Room: The Official Stock Market Discussion

[KalKal]

glass half empty nikka i see

and first you invested in IPO. that's on you.

if you were investing in 00s then you could've bought any of blue chips then just hold long term. if you invested in APPL or bought the dips in 08 then you probably filthy rich by now.



the fact is that there will be plenty of palms and enrons. hell i'm sure alot of nikkas got burnt by LK this year. CCL got me scratching my head. didn't see that coming. glad i sold BA in $300s. if i held on to it i would've lost alot. i went back in at $100 and sold it again at $180.


but history says there will be plenty of Teslas and Squares.

we are living in an age of hyper wealth. rich will get richer breh.

we will see triple digit billionaires popping up more and more. innovation will take all the W. look at what's going on. things get innovated at a rapid pace. ARK is all about the innovation. if you don't innovate you die.

Tesla to me is Apple, not palm. Tesla innovates. A great companies innovate and look ahead. Will it become a sinking ship down the road? we'll never know.
Palm was dead the moment iphone was introduced. Blockbuster was dead the moment they didn't get into streaming business. too little too late.

and since i got in early and often on TSLA, so i can just sit back and relax. if they stop innovating, and start worrying about production numbers? then that's when i'll take my profit and jump ship.

I'm kind of giving the wrong impression. I'm not saying that taking risks is bad. I would be really hypocritical if I said that, since I'm taking a lot of crazy risks on options. And they're paying off very well for me this year.

The point I was trying to make is that none of this is "automatic". Even if you are gambling on a heavy favorite, you're still gambling. I'm not saying don't gamble, I'm saying to understand that we are all gambling. Can't expect to win every year.

As far as Palm, your timeline is off.
Palm WAS innovation. Palm came out with their smartphone in 1999. The iPhone didn't come out until 2007. Palm and Blackberry were already well established by then. But Palm stock was in decline long before the iPhone came out. It had the misfortune of having its IPO in 2000 as the dotcom stocks were ALL crashing, then the next year 9/11 hit and the whole market was pretty much dead for a while.

 

[NatiboyB]

Do any of you mind posting up some of your M1 (if you use it) portfolios. I’m trying to get a few ideas if I’m doing it right.

are we really expecting near Netflix like growth for the fubo sports app? Do you envision Disney plus or hbo max growing a lot more in the future and of the two which one do you rate highest.

 

[Serious]

This year isn't typical of anything though. There are so many investors that are just used to the stock market going up and up and not going down. If you just started investing in the last several years that's all you know.

Those companies that you talking about taking a chance on when shyt gets rough those are the first companies to give up all their gains rapidly and it can get pretty nasty.

It's easy to talk like that in a bull market but it's much harder when come company that has a great idea and should be the next Tesla is in a rough patch and can't make it to the other side because we hit some real shyt. If the Fed didn't come through with open pocketbooks and bail the market out I'd imagine the conversations right now would be drastically different than they are.

Like I said bring on the pain and correction. My profile is setup for war.

I have a 5-10 year outlook on my stocks for a reason. I ain't about that investing like a slut life.

If my stocks dip I'm flooding them then DCA.

 

[the cac mamba]

i cant fully join #bullgang until biden has his hand on the fukking bible. i just cant

 

[Serious]

Do any of you mind posting up some of your M1 (if you use it) portfolios. I’m trying to get a few ideas if I’m doing it right.

are we really expecting near Netflix like growth for the fubo sports app? Do you envision Disney plus or hbo max growing a lot more in the future and of the two which one do you rate highest.

Disney >>> HBO

 

[Saysumthinfunnymike]

Disney >>> HBO

nah. HELL NO. HBO got the much better catalogue but in terms of which stock to invest it's Disney. They will still be growing a couple years from now off their service, their market cap could easily 2x

AT&T is done growing pretty much. If you got real money and want that 7% dividend then AT&T is still a good buy but if you don't have money like that then there's no reason to invest in it.

 

[Scholar]

For all the idiots sayings ROTHs, IRAs, 401ks are useless. Read this
Some of you may be facing a massive tax bill

 

[Scholar]

 

[FabTrey]

I'm kind of giving the wrong impression. I'm not saying that taking risks is bad. I would be really hypocritical if I said that, since I'm taking a lot of crazy risks on options. And they're paying off very well for me this year.

The point I was trying to make is that none of this is "automatic". Even if you are gambling on a heavy favorite, you're still gambling. I'm not saying don't gamble, I'm saying to understand that we are all gambling. Can't expect to win every year.

As far as Palm, your timeline is off.
Palm WAS innovation. Palm came out with their smartphone in 1999. The iPhone didn't come out until 2007. Palm and Blackberry were already well established by then. But Palm stock was in decline long before the iPhone came out. It had the misfortune of having its IPO in 2000 as the dotcom stocks were ALL crashing, then the next year 9/11 hit and the whole market was pretty much dead for a while.

agreed nothing is automatic. even TSLA which i have a tremendous faith in can fail.

bankruptcy risk is there for hyper growth stocks. so it's good to invest in a company with more than 1 moat.

and you are right on palm. i was confused with blackberry.

 

[FabTrey]

on the other news, bitcoin blew past 26k. damn.

 

[Saysumthinfunnymike]

on the other news, bitcoin blew past 26k. damn.

Square

 

[ExodusNirvana]

For all the idiots sayings ROTHs, IRAs, 401ks are useless. Read this
Some of you may be facing a massive tax bill

This is a GREAT post and it should maybe be added to the first post in this thread as a major key

I wish I would have known a lot of this shyt in my 20's but it's ok, I've been eating for a while now, trying to put a lot of my friends on but they tune me out when I explain to them that the IRA money won't be able to be touched until they're retirement age

Hell most of them tune me out when I tell them to buy and hold a lot of these stocks instead of leap frog trading and shyt

They'll learn lol

 

[Scholar]

This is a GREAT post and it should maybe be added to the first post in this thread as a major key

I wish I would have known a lot of this shyt in my 20's but it's ok, I've been eating for a while now, trying to put a lot of my friends on but they tune me out when I explain to them that the IRA money won't be able to be touched until they're retirement age

Hell most of them tune me out when I tell them to buy and hold a lot of these stocks instead of leap frog trading and shyt

They'll learn lol

I’m a young breh so this kind of advice is life changing. People should share their tax savings strategies for investments etc here so we know game

 

[Saysumthinfunnymike]

Lately I've been immediately moving my profits into more shares of the ARK series.

Who was asking about M1 earlier? Sorry I would tag you but I can't see the post.

My strategy for my first two accounts was to lean heavy into a couple high growth stocks (Tesla, Square, DKNG) and balance the rest out with FAANG and ARKK because I felt if the high growth plays saw some volatility than it was whatever... I wouldn't lose money on the pie. The second half of the pie was a balancing of the risk..

It worked out well because FAANG took off for months on end and carried the pie for a minute and then while they took a breather Tesla and Square really started to take off some more.

My final account was a value stocks/re-opening play. I felt that if I evenly balanced out my travel, airline, credit payment stocks that I wouldn't need to be "right" on one or two..

Keep in mind that M1 is something that I like to play around with and it's served me well and I don't barely look at it. My other brokerage accounts I use daily and make weekly moves.. that's where I have the most money in.

 

[Doomsday]

Stock options have existed for a long time. They just didn't pop up recently.

Yes, but only in this era has options been a viable long term strat. People are holding leaps instead of the stock nowadays.