Today is a good example of why you have to be very careful in the market

[Nuke And Juke]

I'm taking the opportunity for risks. I've bought about 15 stocks with a potential upside of 500-800%. If 8 of the 15 companies even come back to a fraction of what they once were I will profit. You would have to purposely try to lose money right now. I could cash out my profits right this second and cover almost 80% of my original investment and I risk more than that when I go to a casino.

I recommend you revisit the spread formation. I highly recommend you funnel those 15 down to 3-4 stocks. It's easier to keep an eye on 3-4 and you can move in and out of market quicker with 3-4 as well.

People talk about diversify. That's foolish talk from wealth managers wanting to put their hands on your money. Think about it, diversification helps them...not u. They take hold of your assets and charge you a fee. By diversifying, they reduce the risk and less likely to lose a cash cow when market turns. And when the market does well, they keep cash cowing you for fees and you get very little of the upside.

No rich multi-millionaires I know diversify...

 

[CliffB]

I recommend you revisit the spread formation. I highly recommend you funnel those 15 down to 3-4 stocks. It's easier to keep an eye on 3-4 and you can move in and out of market quicker with 3-4 as well.

People talk about diversify. That's foolish talk from wealth managers wanting to put their hands on your money. Think about it, diversification helps them...not u. They take hold of your assets and charge you a fee. By diversifying, they reduce the risk and less likely to lose a cash cow when market turns. And when the market does well, they keep cash cowing you for fees and you get very little of the upside.

No rich multi-millionaires I know diversify...

I appreciate that. I would probably be doing significantly better had I taken $10,000 and divided it equally among 4 great stocks. The diversity was more for me since I am accustomed to only only stocks in the companies I work for I am not familiar with the market as a whole. That in combination with the uncertainty of where we go from here I didn’t want to buy heavy into one market and lose 50% off the rip. I have 4-5 stocks that hold 60% of my money and then the other 40% I just dabbled in markets I’m not familiar with so that I can learn their volatility and the ebb and flow of the different segments. As time has passed I’ve sold several and moved the money into my core group. It’s been an interesting and fun experience which is all I can hope for.

 

[CarolinaKid]

Some of the material posted here is not original with the person that posted it. I have read it in other sources. Someone just cutting and pasteing.

 

[rbstern]

Some of the material posted here is not original with the person that posted it. I have read it in other sources. Someone just cutting and pasteing.

???

 

[Cadcom]

???

Sounds like copyright infringement!

 

[Nuke And Juke]

???

???

 

[rbstern]

Sounds like copyright infringement!

Well, based on CarolinaKid's post, I feel like I'm in the plagarist version of Clue!

"rbstern in Financing / Investing, with a smartphone!"

 

[Nuke And Juke]

Some of the material posted here is not original with the person that posted it. I have read it in other sources. Someone just cutting and pasteing.

Please be specific...all my content is original and if I referrenced something, I give the source credit.

 

[41mag]

In for the one line poster that makes mystery of nothing ...... annnnddd we are waiting... and waiting

 

[rbstern]

Ok Boomer...

Google +$112 today
Amazon +$58 and then +46 after the bell
Tesla +$31 and then $71 after the bell

Time to change the OP to "Today was the day you leave your fears behind."

If you pop into this thread to crow every time the market has a very good day, should we assume you'll also be here to report on very bad market days?