Odin
Purp1eOne
Winning
Jarl (15,054)
Feb 3, 2017
Valhalla
|
Post by Purp1eOne on Apr 14, 2017 20:49:58 GMT -6
Still looks pretty good, but it is getting close to a buying point. There is a lot of flux that could cause the market to swing either way s25.postimg.org/qoc10n8bz/dow.jpg
|
|
Odin's Cooler Alumnus
njvikesfan
Fri-hals (625)
Feb 10, 2017
Valhalla
|
Post by njvikesfan on Apr 15, 2017 8:31:07 GMT -6
Still looks pretty good, but it is getting close to a buying point. There is a lot of flux that could cause the market to swing either way s25.postimg.org/qoc10n8bz/dow.jpgThe market is waiting on healthcare and even more so tax reform. If they can pass the proposed tax reforms it will definitely be a great time to buy. If not it will be a great time to short the market.
|
|
Odin
Purp1eOne
Winning
Jarl (15,054)
Feb 3, 2017
Valhalla
|
Post by Purp1eOne on Apr 15, 2017 10:00:37 GMT -6
Still looks pretty good, but it is getting close to a buying point. There is a lot of flux that could cause the market to swing either way s25.postimg.org/qoc10n8bz/dow.jpgThe market is waiting on healthcare and even more so tax reform. If they can pass the proposed tax reforms it will definitely be a great time to buy. If not it will be a great time to short the market. yep, what do you short with? I use Proshares index ETFs SSO, QLD and DDM and have had good luck with them.
|
|
Odin's Cooler Alumnus
kramerhammer
Viking (5,537)
Feb 8, 2017
Valhalla
|
Post by kramerhammer on Apr 15, 2017 21:42:51 GMT -6
Still looks pretty good, but it is getting close to a buying point. There is a lot of flux that could cause the market to swing either way s25.postimg.org/qoc10n8bz/dow.jpgThe market is waiting on healthcare and even more so tax reform. If they can pass the proposed tax reforms it will definitely be a great time to buy. If not it will be a great time to short the market. I give tax reform the same chance as repealing Obamacare had. DEAD ON ARRIVAL! LOL. I am gonna be rich.
|
|
|
Post by Purplemachine on Apr 15, 2017 23:11:36 GMT -6
Do some of you guys do the individual stock thing? Isn't that like trying to pick the correct lottery numbers? Pretty risky compared to a good mutual fund, all things considered.
|
|
Odin
Purp1eOne
Winning
Jarl (15,054)
Feb 3, 2017
Valhalla
|
Post by Purp1eOne on Apr 16, 2017 7:14:15 GMT -6
Do some of you guys do the individual stock thing? Isn't that like trying to pick the correct lottery numbers? Pretty risky compared to a good mutual fund, all things considered. When I short the market I use index ETFs Here is a good description of them: linkIn the simplest terms, Exchange Traded Funds (ETFs) are funds that track indexes like the NASDAQ-100 Index, S&P 500, Dow Jones, etc. When you buy shares of an ETF, you are buying shares of a portfolio that tracks the yield and return of its native index. The main difference between ETFs and other types of index funds is that ETFs don't try to outperform their corresponding index, but simply replicate its performance. They don't try to beat the market, they try to be the market. With my retirement accounts I also use mostly ETFs but ones that don't track the indexes: An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. linkMutual Fund Vs ETF: Which is Right For You? | Investopedia link
|
|
Odin's Cooler Alumnus
kramerhammer
Viking (5,537)
Feb 8, 2017
Valhalla
|
Post by kramerhammer on Apr 16, 2017 10:30:19 GMT -6
Same for me. I never short an individual stock, but I will buy an individual stock, and that is usually for the dividend.
Dividend capture is a fun thing for me. Sometimes i get the dividend and a nice little rise in the stock, sometimes I get the div and the stock drops a little, eating into the profits a little. Rarely do I take much of a loss in dividend capture.
I did tremendous on a bank stock coming out of the recent financial crisis. It was supposed to be just a dividend capture but it just kept going up and up. Paid for one year of college for my son and one year for my daughter. Recent gains have been much more modest.
|
|
|
Post by Purplemachine on Apr 16, 2017 16:29:27 GMT -6
Well nice for you guys that like to wade into that kind of thing. I guess if it works for you is all that matters. I knew what ETF's were just never used them. I've been fortunate to work for a company 32+ years that matches 5% on our 401K plus does a very very nice pension where at retirement you can do several styles of annuities or take the lump sum cash out. So I guess I've never looked in to much other stuff.
|
|
Odin
Purp1eOne
Winning
Jarl (15,054)
Feb 3, 2017
Valhalla
|
Post by Purp1eOne on Apr 16, 2017 17:58:50 GMT -6
32+ years that matches 5% on our 401K plus does a very very nice pension where at retirement you can do several styles of annuities or take the lump sum cash out. I used to have a pension.... 32+ years at 5% and a pension you should be just just fine
|
|
|
Post by Purplemachine on Apr 16, 2017 21:50:54 GMT -6
I/we are fine. But I REALLY do like my work and 90% of the guys I work with. But in a little less than 4 years it's time to call it a career. Good Lord willing my body will allow me to do all the things I want to do in retirement. The list is LOOOONNNGGG! Let's see... Do more BBQ, OK Brew more beer, OK Do more shooting and reloading, OK Golfing, OK See more of the country and world, OK Along with a lot of other things.
|
|
Odin
Purp1eOne
Winning
Jarl (15,054)
Feb 3, 2017
Valhalla
|
Post by Purp1eOne on Apr 17, 2017 4:39:36 GMT -6
I have quite a bit longer than that to go
|
|
Odin's Cooler Alumnus
njvikesfan
Fri-hals (625)
Feb 10, 2017
Valhalla
|
Post by njvikesfan on Apr 17, 2017 12:21:42 GMT -6
Do some of you guys do the individual stock thing? Isn't that like trying to pick the correct lottery numbers? Pretty risky compared to a good mutual fund, all things considered. I hate mutual funds. If you are not a savy investor who is knowledgeable enough to do homework on individual stocks or don't have a significant enough account value to properly diversify I recommend ETFs. They offer similar diversification and simplicity to mutual funds and have much lower fees.
If you aren't a savy investor or don't have a large lump sum of money invest in an S&P 500 ETF and set up an monthly contribution rate you are comfortable with, then don't look at it more than once per quarter. If you are young, big dips will actually be a good thing as you will be buying lower positions automatically and accumulating shares which will result in big gains when the market recovers.
|
|
Odin's Cooler Alumnus
njvikesfan
Fri-hals (625)
Feb 10, 2017
Valhalla
|
Post by njvikesfan on Apr 17, 2017 12:32:32 GMT -6
Do some of you guys do the individual stock thing? Isn't that like trying to pick the correct lottery numbers? Pretty risky compared to a good mutual fund, all things considered. When I short the market I use index ETFs Here is a good description of them: linkIn the simplest terms, Exchange Traded Funds (ETFs) are funds that track indexes like the NASDAQ-100 Index, S&P 500, Dow Jones, etc. When you buy shares of an ETF, you are buying shares of a portfolio that tracks the yield and return of its native index. The main difference between ETFs and other types of index funds is that ETFs don't try to outperform their corresponding index, but simply replicate its performance. They don't try to beat the market, they try to be the market. With my retirement accounts I also use mostly ETFs but ones that don't track the indexes: An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. linkMutual Fund Vs ETF: Which is Right For You? | Investopedia linkThe best play out there for the past few years has been XIV. It is an ETN that tracks the volatility index. It literally goes up nearly every day until it drops suddenly. Wait for a big drop and buy, taking money off the top every 10% or so as it rebounds in order to capture gains. I called XIV among my circle of friends soon after the Trump election. It went from $32 to $76 in just a few months. Ive taken most of my gains and I'm back in waiting for it to drop mode at this point.
If we do get healthcare reform and tax reform it appreciate quite a bit.
SRTY is a good index ETF for shorting the market. Also FAZ is an ETF I use to short financials. Leveraged ETFs can really stack it up if you are positioned correctly. Of course if it goes the other way look out below.
If we don't get healthcare reform or tax reform I will be looking for an opportunity to short the market with leveraged inverse ETFs.
|
|
Odin
Purp1eOne
Winning
Jarl (15,054)
Feb 3, 2017
Valhalla
|
Post by Purp1eOne on Apr 17, 2017 12:59:23 GMT -6
When I short the market I use index ETFs Here is a good description of them: linkIn the simplest terms, Exchange Traded Funds (ETFs) are funds that track indexes like the NASDAQ-100 Index, S&P 500, Dow Jones, etc. When you buy shares of an ETF, you are buying shares of a portfolio that tracks the yield and return of its native index. The main difference between ETFs and other types of index funds is that ETFs don't try to outperform their corresponding index, but simply replicate its performance. They don't try to beat the market, they try to be the market. With my retirement accounts I also use mostly ETFs but ones that don't track the indexes: An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. linkMutual Fund Vs ETF: Which is Right For You? | Investopedia linkThe best play out there for the past few years has been XIV. It is an ETN that tracks the volatility index. It literally goes up nearly every day until it drops suddenly. Wait for a big drop and buy, taking money off the top every 10% or so as it rebounds in order to capture gains. I called XIV among my circle of friends soon after the Trump election. It went from $32 to $76 in just a few months. Ive taken most of my gains and I'm back in waiting for it to drop mode at this point.
If we do get healthcare reform and tax reform it appreciate quite a bit.
SRTY is a good index ETF for shorting the market. Also FAZ is an ETF I use to short financials. Leveraged ETFs can really stack it up if you are positioned correctly. Of course if it goes the other way look out below.
If we don't get healthcare reform or tax reform I will be looking for an opportunity to short the market with leveraged inverse ETFs.
Thanks for the tips, I will definitely check them out. Never hurts to have more arrows.... yoursmiles.org/tsmile/sport/t31127.gif
|
|
Odin's Cooler Alumnus
kramerhammer
Viking (5,537)
Feb 8, 2017
Valhalla
|
Post by kramerhammer on Apr 17, 2017 19:52:59 GMT -6
Do some of you guys do the individual stock thing? Isn't that like trying to pick the correct lottery numbers? Pretty risky compared to a good mutual fund, all things considered. I hate mutual funds. If you are not a savy investor who is knowledgeable enough to do homework on individual stocks or don't have a significant enough account value to properly diversify I recommend ETFs. They offer similar diversification and simplicity to mutual funds and have much lower fees.
If you aren't a savy investor or don't have a large lump sum of money invest in an S&P 500 ETF and set up an monthly contribution rate you are comfortable with, then don't look at it more than once per quarter. If you are young, big dips will actually be a good thing as you will be buying lower positions automatically and accumulating shares which will result in big gains when the market recovers.
Ummm.........It's savvy. LOL. Mr. end his sentences in ..................ROFLMAO.
|
|