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Too Hot Investment Thread

Discussion in 'Too Hot for Swamp Gas' started by channingcrowderhungry, Feb 11, 2021.

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  1. Mar 4, 2021 #301
    gatorknights

    gatorknights GC Hall of Fame

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    It's doing quite well for me...
     
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  2. Mar 4, 2021 #302
    exiledgator

    exiledgator Gruntled

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    Not everyone's. :(
     
  3. Mar 4, 2021 #303
    channingcrowderhungry

    channingcrowderhungry Premium Member

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    I was just trying to make myself feel better. I'm right there with yah
     
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  4. Mar 4, 2021 #304
    channingcrowderhungry

    channingcrowderhungry Premium Member

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    With the futures market and how it looks at opening, seems like today is the day that wipes out all the gains I had from the previous 6 months. Easy come easy go.
     
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  5. Mar 4, 2021 #305
    demosthenes

    demosthenes Premium Member

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    Perspective is a funny thing. Since I started investing in crypto I don’t bat an eye at drops in the stock market. I regularly see 30%+ corrections which most stock market drops are just a fraction of that.
     
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  6. Mar 4, 2021 #306
    exiledgator

    exiledgator Gruntled

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    At least CCIV is green!
     
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  7. Mar 4, 2021 #307
    channingcrowderhungry

    channingcrowderhungry Premium Member

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    That was a a good 3 minutes
     
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  8. Mar 4, 2021 #308
    channingcrowderhungry

    channingcrowderhungry Premium Member

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    After my initial 85 cent bitcoin purchase in this thread I had been taking profits I made from stocks and rolling them into crypto. So it is was probably 3% of my fun money investing. Now with the market staying red it is probably above 5% of my account
     
  9. Mar 4, 2021 #309
    gatorknights

    gatorknights GC Hall of Fame

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    I just checked the markets. Dow is down, Bitcoin is down, Vroom has plunged, Nasdaq is down, a whole lotta red going on. I took a pounding yesterday, and today isn't looking much better. Bummer. But I'll live.
     
  10. Mar 4, 2021 #310
    oragator1

    oragator1 Premium Member

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    crypto is down substantially more right now from its high than the market is. So it would depend on when folks bought in.
     
  11. Mar 4, 2021 #311
    vaxcardinal

    vaxcardinal GC Hall of Fame

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    For those mutual fund/ETF investors, there's BUZZ
     
  12. Mar 5, 2021 #312
    exiledgator

    exiledgator Gruntled

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    Good grief. I mostly play in the EV space and it's down 30% in the last few weeks. Ouchy.

    Thanks Biden.
     
  13. Mar 5, 2021 #313
    RIP

    RIP I like touchdowns Premium Member

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    Hilariously enough while everything else is in the shitter GME is moving on up.
     
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  14. Mar 5, 2021 #314
    exiledgator

    exiledgator Gruntled

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    Not a huge effect, but this does have some impact. 20% of trading is done by retail traders. When a big chunk of them sell everything to have stupid diamond hands.....
     
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  15. Mar 5, 2021 #315
    channingcrowderhungry

    channingcrowderhungry Premium Member

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    Yeah, basically any speculative stock has gotten tossed the last 2 weeks. Fighting back end of day today. Only a few things I wish I could dump that I wasn't planning on holding long term. Oh well, riding it out now.

    I transferred my fun money from Robinhood to WeBull. Better platform, better research, after hours trading, and they will cover the transfer fee.
     
    • Like Like x 2
  16. Mar 5, 2021 #316
    channingcrowderhungry

    channingcrowderhungry Premium Member

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    When I opened my WeBull account they gave me a free stock. AMC. Got me a meme stock for free! Lol
     
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  17. Mar 6, 2021 #317
    tonto-86

    tonto-86 VIP Member

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    I switched to TD Ameritrade last week for long term stocks. Talk about information overload...but good information haha.
     
  18. Mar 6, 2021 #318
    vaxcardinal

    vaxcardinal GC Hall of Fame

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    I get a good return on my money when handing cash over to some guy on the street corner ;)
     
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  19. Mar 6, 2021 #319
    exiledgator

    exiledgator Gruntled

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    Good investments will let us give more away! :D
     
  20. Mar 7, 2021 #320
    channingcrowderhungry

    channingcrowderhungry Premium Member

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    The real estate market in Jax is more bonkers than I even realized. My wife and I have been looking for a bigger place and finally fell in love with a house. It went on the market Friday at 4, and all offers needed to be in by Saturday ay 9pm. We toured, offered 27k above asking ($289k asking), no contingencies and closing in 20 days.

    They received 20 other offers. We didn't get it. Super bummed.

    You basically have to have cash in hand and offer as something goes on the market, at least on this side of town. It's nuts.
     
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