Thread: Rants and WTF are you talking about and Coronavirus!
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07-30-23 20:41 #11606
Posts: 6735Originally Posted by BobNSuzy [View Original Post]
Mistake number one is still not to listen to Pistons.
Another interesting stock at the moment is Shopify. But it might be smart to wait a bit considering further reduction in people's spending towards the end of the year. At some point it will be a fantastic case however. Timing will be tricky perhaps.
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07-30-23 19:49 #11605
Posts: 291As an example of how easy it can be to time the market someone could have just bought European stocks a year and some months ago. I realize people don't have the balls to do something like that but it would not have been that hard or risky. It is just a thought. I also realize the comment could be seen as insensitive and making light of a serious situation. I also realize I don't know what I am talking about when I say it. Everything seems like a no brainer in retrospect. Someone would be up 50% and all it would have taken is for someone to be a Warren Buffet fan and be familiar with his quotes.
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07-30-23 19:17 #11604
Posts: 291Originally Posted by EscapeArtist [View Original Post]
I can't argue with anything you said but if someone got out of an S&P index fund at the peak they are still ahead especially if they are earning 5 1/2% in three month T Bills. 5 1/2% is a lot for a risk free investment when the S&P pays less than 2%. I think there are some people who can do ok timing the market. They also say not to fight the fed. If someone just followed that advise it remains to be seen how that works out this time around.
The premise of the adage, "It is time in the market, not timing the market" is a non sequitor. They say you will miss out on the best days and show calculations of returns if someone would have been magically out on only the best days. Someone would actually do even better if they were magically out on the worst days. On average the stock market goes up instead of down so someone is better in it. That much is true but what they say is non sequitor.
It is all something to consider. It is not like I have never been in the stock market or have an interest in it. I don't really see how it stays up when the interest rates go from 0 to 6% in a year. But, I have an excuse considering that I am not a professional. It remains to be seen how someone will fare just by not fighting the Fed.
Now if you are talking about stock picking which is what this conversation is about, that is a different story.
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07-30-23 17:30 #11603
Posts: 1384Originally Posted by BobNSuzy [View Original Post]
https://stocknews.com/news/adbe-fb-m...-for-the-rest/
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07-30-23 02:04 #11602
Posts: 291Originally Posted by Pistons [View Original Post]
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07-29-23 04:52 #11601
Posts: 1384Originally Posted by Sirioja [View Original Post]
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07-27-23 00:04 #11600
Posts: 6735Originally Posted by BobNSuzy [View Original Post]
https://youtu.be/saqAYgWanwg
I was not aware of them (ab) using this potentiality before now so strong, but thought of it more as a backup plan. But this is a massive upside to the stock if they get it through!
The only downside is how this will hamper development of AI as a whole, in all of the world. But for Adobe shareholders it could mean access to alot of programming talents too! And could jettison them to be the next trillion dollar company for sure. But only if this goes through.
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07-24-23 21:52 #11599
Posts: 22447Originally Posted by EscapeArtist [View Original Post]
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07-24-23 12:30 #11598
Posts: 1384Jesus. The only endurance and stamina comes from his mouth.
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07-23-23 15:54 #11597
Posts: 22447Originally Posted by PaulInZurich [View Original Post]
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07-23-23 09:11 #11596
Posts: 2387Originally Posted by Pistons [View Original Post]
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07-23-23 07:34 #11595
Posts: 22447Originally Posted by Pistons [View Original Post]
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07-22-23 13:35 #11594
Posts: 6735If you do that, then I'll race any of you afterwards in downhill with skis and a gopro.
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07-22-23 13:33 #11593
Posts: 6735Enough with the bicycle talk. Let's see some bicycle action! Sirioja and anyone here arguing who wants to race him! Streamed live on YouTube!
This is 2023 guys. Not 2003.
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07-19-23 19:07 #11592
Posts: 22447Originally Posted by PaulInZurich [View Original Post]