What I Am Buying Today.

[ken-do-nim]

(11-03-2021, 05:58 PM)fenders53 Wrote: Having some cash makes this so much less stressful.  If the market rocks I am making money.  If it dips hard I am buying bargains on a moments notice.  The key is I don't worry if somebody else makes more money than me next week.

So yeah, I'm 100% invested.  I'll work to change that in 2022.

In fact, my car repair bills were so steep last month that I should replenish my Emergency Fund.  Looks like I have three options:
1. Sell some company stock.  Price isn't where I want it, and a taxable event.
2. Sell Capital One Financial.  I definitely want to own this company, but I can sell now and pick it back up next year when funds arrive.  Not a taxable event because I'm at a loss.
3. Run with a low emergency fund until next year.

(Obviously I could sell virtually anything else, but if there's going to be a taxable event, it might as well be company stock.)

[fenders53]

Gradually build your emergency fund back.  It might not be a good time to sell when you need cash.  And nobody is suggesting a huge cash position.  It's generally good to be invested, but no cash at all means no ability to capitalize on opportunities.  Maybe a MAR 20th like dip doesn't happen for a long time, but every earnings season puts some good companies on sale, and corrections normally come at least once a year.

[stockguru]

(11-04-2021, 07:12 AM)ken-do-nim Wrote:

(11-03-2021, 05:58 PM)fenders53 Wrote: Having some cash makes this so much less stressful.  If the market rocks I am making money.  If it dips hard I am buying bargains on a moments notice.  The key is I don't worry if somebody else makes more money than me next week.

So yeah, I'm 100% invested.  I'll work to change that in 2022.

In fact, my car repair bills were so steep last month that I should replenish my Emergency Fund.  Looks like I have three options:
1. Sell some company stock.  Price isn't where I want it, and a taxable event.
2. Sell Capital One Financial.  I definitely want to own this company, but I can sell now and pick it back up next year when funds arrive.  Not a taxable event because I'm at a loss.
3. Run with a low emergency fund until next year.

(Obviously I could sell virtually anything else, but if there's going to be a taxable event, it might as well be company stock.)

Don't even think about selling COF. It's positioned very well and it's cheap. No doubt it will be seeing new highs again. You should average down. And next year you may be paying $180 instead of $153 today. 

You should have sold MRNA   . That will give you some capital. But it's down $50 this morning and probably headed to $200 over the next 3-5 months.

[ken-do-nim]

(11-04-2021, 08:16 AM)stockguru Wrote:

(11-04-2021, 07:12 AM)ken-do-nim Wrote:

(11-03-2021, 05:58 PM)fenders53 Wrote: Having some cash makes this so much less stressful.  If the market rocks I am making money.  If it dips hard I am buying bargains on a moments notice.  The key is I don't worry if somebody else makes more money than me next week.

So yeah, I'm 100% invested.  I'll work to change that in 2022.

In fact, my car repair bills were so steep last month that I should replenish my Emergency Fund.  Looks like I have three options:
1. Sell some company stock.  Price isn't where I want it, and a taxable event.
2. Sell Capital One Financial.  I definitely want to own this company, but I can sell now and pick it back up next year when funds arrive.  Not a taxable event because I'm at a loss.
3. Run with a low emergency fund until next year.

(Obviously I could sell virtually anything else, but if there's going to be a taxable event, it might as well be company stock.)

Don't even think about selling COF. It's positioned very well and it's cheap. No doubt it will be seeing new highs again. You should average down. And next year you may be paying $180 instead of $153 today. 

You should have sold MRNA   . That will give you some capital. But it's down $50 this morning and probably headed to $200 over the next 3-5 months.

Okay I won't sell COF.

MRNA is in my ROTH, so doesn't factor in.  Holy cow down 50!     Man, I wanted to wait for FDA approval.

[crimsonghost747]

Added a bit to TD.to
Nothing fancy, just putting some dividends to use.

[ken-do-nim]

Ugh; I just looked. Nvidia and Tesla are trying their hardest to pull the ROTH up, but Moderna's drop is too steep. Bad day for the ROTH. Taxable is up as usual. I need to figure out a path forward for the ROTH.

[divmenow]

new positions in CME and BITF

Figured I had to dabble in crypto at some point lol

I actually like that little company BITF and what they do. This company is unique. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. Figured why not under $7 for fun

[poneyboy]

(11-04-2021, 08:57 AM)divmenow Wrote: new positions in CME and BITF

Figured I had to dabble in crypto at some point lol

I actually like that little company BITF and what they do. This company is unique. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. Figured why not under $7 for fun

I don't think you can fight the crypto interest. Even if you don't understand it, it's hear to stay.

Yes I hold HUT and COIN and both have been good to me. I had BITF on my watch list and it may catch up to HUT soon.

I just bought some myself. Looks like the next meme stock 

MSTR, MQ and VYGFVF also going to be long term winners

[stockguru]

(11-04-2021, 09:02 AM)poneyboy Wrote:

(11-04-2021, 08:57 AM)divmenow Wrote: new positions in CME and BITF

Figured I had to dabble in crypto at some point lol

I actually like that little company BITF and what they do. This company is unique. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. Figured why not under $7 for fun

I don't think you can fight the crypto interest. Even if you don't understand it, it's hear to stay.

Yes I hold HUT and COIN and both have been good to me. I had BITF on my watch list and it may catch up to HUT soon.

I just bought some myself. Looks like the next meme stock 

MSTR, MQ and VYGFVF also going to be long term winners

Those are all going to be good as well. And welcome to the BIFT party. That's the stock I'm picking for me contest in Jan 

Looks at VSTO and ASO go.  New highs! Yes... You still hold VSTO fenders? 

QCOM on fire too 

I did at add little BDX

[fenders53]

(11-04-2021, 09:10 AM)stockguru Wrote:

(11-04-2021, 09:02 AM)poneyboy Wrote:

(11-04-2021, 08:57 AM)divmenow Wrote: new positions in CME and BITF

Figured I had to dabble in crypto at some point lol

I actually like that little company BITF and what they do. This company is unique. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. Figured why not under $7 for fun

I don't think you can fight the crypto interest. Even if you don't understand it, it's hear to stay.

Yes I hold HUT and COIN and both have been good to me. I had BITF on my watch list and it may catch up to HUT soon.

I just bought some myself. Looks like the next meme stock 

MSTR, MQ and VYGFVF also going to be long term winners

Those are all going to be good as well. And welcome to the BIFT party. That's the stock I'm picking for me contest in Jan 

Looks at VSTO and ASO go.  New highs! Yes... You still hold VSTO fenders? 

QCOM on fire too 

I did at add little BDX

I still have 400 shares of VSTO.  They sandbagged and destroyed earnings for about the sixth time at least.  I have covered calls at 50 so might trim some soon.  The premiums are so good I don't mind holding it if it goes sideways.  Can't help but feel greedy and think I should trim but the PE is like 7.  Insanely profitable but half is still over priced ammo.  They have the market half monopolized.

[fenders53]

(11-04-2021, 08:51 AM)crimsonghost747 Wrote: Added a bit to TD.to
Nothing fancy, just putting some dividends to use.

(11-04-2021, 08:53 AM)ken-do-nim Wrote: Ugh; I just looked.  Nvidia and Tesla are trying their hardest to pull the ROTH up, but Moderna's drop is too steep.  Bad day for the ROTH.  Taxable is up as usual.  I need to figure out a path forward for the ROTH.

Here's a tip.  Don't FOMO stocks after a huge  run, over and over.   MRNA is still overvalued.  Staying above 300 wont be easy when next year's earnings estimates get a haircut.

[crimsonghost747]

(11-04-2021, 09:38 AM)fenders53 Wrote:

(11-04-2021, 08:51 AM)crimsonghost747 Wrote: Added a bit to TD.to
Nothing fancy, just putting some dividends to use.

(11-04-2021, 08:53 AM)ken-do-nim Wrote: Ugh; I just looked.  Nvidia and Tesla are trying their hardest to pull the ROTH up, but Moderna's drop is too steep.  Bad day for the ROTH.  Taxable is up as usual.  I need to figure out a path forward for the ROTH.

Here's a tip.  Don't FOMO stocks after a huge  run, over and over.   MRNA is still overvalued.  Staying above 300 wont be easy when next year's earnings estimates get a haircut.

Oh no! Fenders is back with his double quote! 
I better hope my TD purchase works out, because now it'll be posted into this thread for all eternity.