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The stock market

gunnarthor

By gunnarthor
in The Sports Bar

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Brock Beauchamp
Brock Beauchamp

High fives, Mike. I'm in on Disney, Netflix, and Amazon. Amazon and Netflix in particular.   Patience is really the key with the market, IMO. I sat on a stagnant Amazon around $300 per share for over

Willihammer
Willihammer

I tend to side with Mike but could see selling too. Heard this market described as a "hated rally." The real question to me is what do you mean you're not working? TD just had 100,000 page views and d

LaBombo
LaBombo

Several fund managers are high on it.

  • 2 weeks later...
AZTwin First Round Pick

AZTwin

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bitcoin is terrible for the environment, and we need to fix that....

 

Looks like February is correction month. Hope y'all have cash sitting around.....

If you think bitcoin is bad for the environment, then I would hate to show you what paper money does...

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gunnarthor All-Star

gunnarthor

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Coinbase filed their S-1 today for their IPO.  Should be around $100B or larger than most banks out there.

Here's a few articles on it.

 

https://www.fool.com/investing/2021/02/26/should-you-buy-the-coinbase-ipo-here-are-the-key-f/

https://www.coindesk.com/coinbase-defi-us-regulations-dex-competition

https://www.cnbc.com/2021/02/26/coinbase-s-1-lacks-key-trading-details-ahead-of-direct-listing.html

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gunnarthor All-Star

gunnarthor

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I thought this article was a nice reminder for why you should hold and not sell.

 

https://www.ft.com/content/f8f8b067-e663-4afe-90dd-6a243929af86?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev

 

My wife and I have been pretty good about not panic selling, SHOP being my biggest mistake. Generally, you should only sell when you need to. We've bought stocks and sold them to pay off student debt, buy a house, etc but generally we own for the long haul and, with dividend reinvestment, it's worked for us. 

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Danchat St Paul Saints

Danchat

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Any of you tech/computer game getting on RBLX? Not an area I know well. 

 

https://finance.yahoo.com/news/roblox-gains-steam-market-debut-162415152.html

I didn't realize Roblox had a ticker... I don't know much about it. But if video game franchises had their own stock tickers, then I'd be more of an expert on the topic. If only I could have put money down on Minecraft years ago!

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  • 1 month later...
Danchat St Paul Saints

Danchat

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I know this isn't stock market related, but I've been monitoring the cryptocurrency market... and I had been watching the Doge-coin for a while, but figured it was too much of a meme to put real money on. Now it's skyrocketed.. I just have a hard time investing in something that has so little real world value. Perhaps I have much to learn...

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Danchat St Paul Saints

Danchat

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I may be new to the stock market... but man, AMC was just killing it for me last week. I sold 75% of my shares, but still came out with 200%+ gains on it. And today CLOV, another one I've got money in, is absolutely skyrocketing. Going after these heavily-shorted stocks seems to be working out for me!

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gunnarthor All-Star

gunnarthor

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I'm glad you got your gains. I've been avoiding the AMC/gamestop stuff but maybe I should have thrown a few dollars at it. I have a friend who is only buying AMC GME and cannabis stocks. I probably wouldn't have done that but he's ok with it. 

We actually bought a couple hundred shares of Apple stock yesterday.

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  • 2 weeks later...
gunnarthor All-Star

gunnarthor

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Anyone want to mention an unsexy-stock they are happy to own? Just throwing this out there but we bought John Deere in August 2015. In that time, it's grown 333%. Facebook grew 283% in the same period, Netflix was 349%. Deere has a pretty impressive moat and a solid dividend as well. It's not sexy at all but, man, it's been a nice stock for us.

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