General
20 Jun 20
22 Jun 20
I listened to an investment program Sunday and I agree with the commentator.
Right now, the stock markets do NOT reflect the economy. The markets are
propped up with borrowed money but they will go down at some point in the
not too distant future.
Y'all know the old saying, "buy low, sell high". It's high. SELL.
Get out, wait for the crash, buy back in at bargain rates. My opinion.
22 Jun 20
@earl-of-trumps saidOne of the dumbest old sayings going.
Y'all know the old saying, "buy low, sell high".
- Joined
- 09 Sep 18
- Moves
- 20590
23 Jun 20
@huckleberryhound saidI tried it 20 years back ....invested about £12K after a year I had lost 1K so I folded and paid of a chunk of my mortgage
So, i've started investing in the Stock market (Since April). Any other traders in the forum?
23 Jun 20
@badradger saidAt least you made the smart move in the end! 😉
I tried it 20 years back ....invested about £12K after a year I had lost 1K so I folded and paid of a chunk of my mortgage
-VR
24 Jun 20
@badradger saidWould be interesting to know your strategy?
I tried it 20 years back ....invested about £12K after a year I had lost 1K so I folded and paid of a chunk of my mortgage
What did you invest in? I'm guessing you couldn't have moved your money around very much back then, the brokerage fees would've been quite high. And, what made you decide which shares to chose?
24 Jun 20
@earl-of-trumps saidThat's why fundamentals are important right now.
I listened to an investment program Sunday and I agree with the commentator.
Right now, the stock markets do NOT reflect the economy. The markets are
propped up with borrowed money but they will go down at some point in the
not too distant future.
Y'all know the old saying, "buy low, sell high". It's high. SELL.
Get out, wait for the crash, buy back in at bargain rates. My opinion.
26 Jun 20
1 edit
@wolfgang59 saidThe point is that it is evidently true. The Problem is that one can't know beforeghand if it is "low" or "high"...
One of the dumbest old sayings going.
26 Jun 20
3 edits
@ponderable saidWith technical analysis you can see when a share is at an all time low. with fundamental analysis you can then see (if all things are visible) whether the company is undervalued at that level. With proper due diligence, you can make things easier on yourself.
The point is that it is evidently true. The Problem is that one can't know beforeghand if it is "low" or "high"...
26 Jun 20
@huckleberryhound saidWell tell me will Wirecard die or live? In the former case it might be a good idea to buy Shares now (low) in the other it would be a waste of Money.
With technical analysis you can see when a share is at an all time low. with fundamental analysis you can then see (if all things are visible) whether the company is undervalued at that level. With proper due diligence, you can make things easier on yourself.
So you can't say, you can just do a more or less meaningful statistical Analysis which is fine if you distribute your Risk (which is advisable of Course).
- Joined
- 06 Nov 15
- Moves
- 41301
26 Jun 20
2 edits
@huckleberryhound saidBrokerage fees?
Would be interesting to know your strategy?
What did you invest in? I'm guessing you couldn't have moved your money around very much back then, the brokerage fees would've been quite high. And, what made you decide which shares to chose?
My Lord, weren't they a scam. Thank God for the internet.
I remember being forced to pay $45 per trade during the late 80s. Crazy profits. For the brokers.
😩
Anyway, hold the line if possible. The markets will skyrocket once trump is not president.
Markets thrive on stability.
Always consider your profit horizon. Think long-term if possible. Never fully commit to the contrarian model. Nobody has all the answers, all the time. Think for yourself.
Having said that; I try to stick with Index Funds and the Blue Chips. Penny stocks are for suckers.
And oh yeah, remember the golden rule: "Buy low...sell high!" (Take that Wolfgang!) 😀
26 Jun 20
The Biggest Disconnect Between Prices And Profits In Stock Market History?
There ya go.
The last time we saw prices and earnings disconnect in such an extreme way famously led to a “lost decade” for the stock market from 2000 to 2010. Is it unreasonable to think the current extreme in valuations could lead to another “lost decade,” especially if profit margins are only beginning to revert to their historical mean?
If the PE ratio (Price to Earnings) is high, it is time to consider Sell High.
My opinion.
https://www.zerohedge.com/markets/biggest-disconnect-between-prices-and-profits-stock-market-history
26 Jun 20
@ponderable saidI'd personally steer clear of it, but i'm a straight down the line dividend investor. I read that the ex CEO was arrested on suspicion of fraud. But what do i know? I saw a video tipping VTIQ when it was $12, i saw it turn into NKLA and go to $60+.
Well tell me will Wirecard die or live? In the former case it might be a good idea to buy Shares now (low) in the other it would be a waste of Money.
So you can't say, you can just do a more or less meaningful statistical Analysis which is fine if you distribute your Risk (which is advisable of Course).
I have stock i will keep, and hope i will have when i retire. Short term trades are outwith my skill set for now.
