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Hey @heilhusky…some investing advice…

HoustonHusky
HoustonHusky Member Posts: 5,999
in Tug Tavern
Instead of buying the dip for the 6th time and losing all that money you skimmed from old folks…
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  • MikeDamone
    MikeDamone Member Posts: 37,781
    edited June 2022
    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
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  • MelloDawg
    MelloDawg Member Posts: 6,849
    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    Field is better than the market, however.
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  • HHusky
    HHusky Member Posts: 23,898
    I foolishly failed to buy when prices were higher.
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  • HHusky
    HHusky Member Posts: 23,898
    edited June 2022
    MikeDamone said:

    HHusky said:

    I foolishly failed to buy when prices were higher.

    You bought when prices were higher. You bragged about it, Esther.
    I bought today too, Kreskin.

    If things drop some more, I'll be buying tomorrow.
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  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    HHusky said:

    MikeDamone said:

    HHusky said:

    I foolishly failed to buy when prices were higher.

    You bought when prices were higher. You bragged about it, Esther.
    I bought today too, Kreskin.

    If things drop some more, I'll be buying tomorrow.
    Frankly I bought a bunch of shit like a month ago. It's down. But I'm not a fag and have more important shit to worry about
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  • HHusky
    HHusky Member Posts: 23,898
    Pitchfork51 said:

    HHusky said:

    MikeDamone said:

    HHusky said:

    I foolishly failed to buy when prices were higher.

    You bought when prices were higher. You bragged about it, Esther.
    I bought today too, Kreskin.

    If things drop some more, I'll be buying tomorrow.
    I'm not a fag
    You were wrong, Mike.
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  • MikeDamone
    MikeDamone Member Posts: 37,781
    HHusky said:

    MikeDamone said:

    HHusky said:

    I foolishly failed to buy when prices were higher.

    You bought when prices were higher. You bragged about it, Esther.
    I bought today too, Kreskin.

    If things drop some more, I'll be buying tomorrow.
    Fuck off. You bought when it was higher. So you didn't "fail to buy when prices where higher". Ma'am
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  • MikeDamone
    MikeDamone Member Posts: 37,781
    HHusky said:

    Pitchfork51 said:

    HHusky said:

    MikeDamone said:

    HHusky said:

    I foolishly failed to buy when prices were higher.

    You bought when prices were higher. You bragged about it, Esther.
    I bought today too, Kreskin.

    If things drop some more, I'll be buying tomorrow.
    I'm not a fag
    You were wrong, Mike.
    You're a dip shit. Simple fact.

    You haven't bought anything. You don't have the means.
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  • HoustonHusky
    HoustonHusky Member Posts: 5,999
    edited June 2022
    HHusky said:

    MikeDamone said:

    HHusky said:

    I foolishly failed to buy when prices were higher.

    You bought when prices were higher. You bragged about it, Esther.
    I bought today too, Kreskin.

    If things drop some more, I'll be buying tomorrow.
    @heilhusky …Robinhood’s target customer for fractional shares…
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  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    I feel like Shopify is undervalued. It's dope af
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  • WestlinnDuck
    WestlinnDuck Member Posts: 17,570 Standard Supporter
    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.


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  • MikeDamone
    MikeDamone Member Posts: 37,781
    WestlinnDuck said:

    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.


    JFC. Not a big economis guy it seems.
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  • WestlinnDuck
    WestlinnDuck Member Posts: 17,570 Standard Supporter
    MikeDamone said:

    WestlinnDuck said:

    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.


    JFC. Not a big economis guy it seems.
    So, tell where I'm wrong.
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  • MikeDamone
    MikeDamone Member Posts: 37,781
    WestlinnDuck said:

    MikeDamone said:

    WestlinnDuck said:

    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.


    JFC. Not a big economis guy it seems.
    So, tell where I'm wrong.
    Are you planning to stack your stock market portfolio to the store and buy something?
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  • greenblood
    greenblood Member Posts: 14,559
    MelloDawg said:

    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    Field is better than the market, however.
    I’ve never met a poor person that consistently invests in a diversified stock portfolio. HTH
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,887 Founders Club
    The field goes back to the Tiger or the field days
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  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    greenblood said:

    MelloDawg said:

    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    Field is better than the market, however.
    I’ve never met a poor person that consistently invests in a diversified stock portfolio. HTH
    Then you've never met me bitch
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  • WestlinnDuck
    WestlinnDuck Member Posts: 17,570 Standard Supporter
    MikeDamone said:

    WestlinnDuck said:

    MikeDamone said:

    WestlinnDuck said:

    MikeDamone said:

    The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.

    If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.


    JFC. Not a big economis guy it seems.
    So, tell where I'm wrong.
    Are you planning to stack your stock market portfolio to the store and buy something?
    Nope just pointing out that a flat portfolio is a wealth loser in an inflationary economy. Inflation is wealth confiscation by the government.
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