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Too Hot Investment Thread

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

  1. gator10010

    gator10010 VIP Member

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    One that sticks with me is Google September 2004.

    An old high school "friend" had moved to California and started working for Google. I ran into his father at the grocery store and naturally asked how his son was doing. Well, his father never told me how his son was doing but went on this 15 minute speech about how I needed to load up on as much Google stock as I could possibly buy even said for me to borrow money to buy extra stock...said his son told him to buy the stock. I started to think the old man had lost his marbles.

    I chalked it up to a proud father bragging about his son. I thought Google was too expensive even though I had never really looked at the stock....Left with my beer and fried chicken and went to the beach not ever really giving it a whole lot of thought, outside of looking up the price of Google stock.......and then the stock took off broke $100 a share and never really looked back.

    At the time the price of Google was around $60. A $10k investment then would be worth around $900k today figuring in the stock split.

    I've never forgotten that day. I learned a lot of lessons from that random 15 minute interaction.
     
    Last edited: Aug 5, 2021
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  2. busigator96

    busigator96 Hooked since summer 1997!

    Apr 10, 2007
    Gainesville, FL
    100% mutual fund equities. 75% domestic and 25% foreign. I am 50% passive (index) and 50% actively managed including foreign and small cap).
    I hate money but I'll need to eat when I can't work anymore.

    If I wanted to speculate I would say there will be a correction of 37.2% (S and P 500) in September of this year starting on the 29th. :eek:;)
     
    Last edited: Aug 10, 2021
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  3. tonto-86

    tonto-86 VIP Member

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    Whats special about the 29th?
     
  4. exiledgator

    exiledgator Gruntled

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    It appears as though that is National Coffee Day.

    It's also VFW Day and National Women's Health and Fitness Day.

    Hope that explains things
     
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  5. jhenderson251

    jhenderson251 Premium Member

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    If I may ask, why do you hate money?
     
  6. metalcoater

    metalcoater All American

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    Alot of companies end the year at that time.
     
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  7. exiledgator

    exiledgator Gruntled

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    Crypto rally and this thread is silent?

    I thought this morphed into a gamblers thread? Let's boast about hitting that 2 outer!
     
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  8. gotime51

    gotime51 GC Hall of Fame

    Apple has been doing really good for me of late. Post split was kinda flat but now it's finally picking up some steam.
     
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  9. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    I bought back in to some crypto a few days ago. Was nice timing
     
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  10. exiledgator

    exiledgator Gruntled

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    I've hodled since March/April and am almost green again...
     
  11. exiledgator

    exiledgator Gruntled

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    Also down big with ABML, but still believe and am still buying - averaging down.
     
  12. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Speaking of investments I invested in a robot lawn mower 2 months ago. Best thing I've ever bought. Push the button on my phone and watch it go cut my grass. Highly reccomend
     
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  13. vaxcardinal

    vaxcardinal GC Hall of Fame

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    do you have a flat yard?
     
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  14. vaxcardinal

    vaxcardinal GC Hall of Fame

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    i've been closely watching this too
     
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  15. exiledgator

    exiledgator Gruntled

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    Nice. It's a long hold. But pilot plant construction about to begin. Revenue by early / mid 22. Then, if it works, it's off to the races!
     
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  16. RIP

    RIP I like touchdowns Premium Member

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    I never sold so I'm up 150% on BTC. I'm about 50% up on ETH. Doge is still about break even.
     
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  17. channingcrowderhungry

    channingcrowderhungry Premium Member

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    I've got about a 25 degree slope in my front yard. It struggles with it a tiny bit. The moss off the oaks is way more annoying.
     
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  18. metalcoater

    metalcoater All American

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    Do you hate immigrants?
     
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  19. G8tas

    G8tas GC Hall of Fame

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    SPRT was good to me today. I'm hoping that XELA is next
     
  20. gator10010

    gator10010 VIP Member

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    The next few months should be interesting in crypto.
     
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