Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Investing
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-28-2023, 06:15 AM
 
Location: Pennsylvania
31,340 posts, read 14,270,262 times
Reputation: 27863

Advertisements

Quote:
Originally Posted by Florida2014 View Post
Just asking if you owned them.

Curious why you seem to happy when the markets do poorly?
I think the markets are extremely overvalued and far too much risk vs reward right now.
We're long overdue for a correction.
Reply With Quote Quick reply to this message

 
Old 12-19-2023, 08:43 PM
 
170 posts, read 74,940 times
Reputation: 99
Quote:
Originally Posted by BeerGeek40 View Post
I think the markets are extremely overvalued and far too much risk vs reward right now.
We're long overdue for a correction.
WHEN does yearend portfolio dressing end?
There are 7 more trading days left
Reply With Quote Quick reply to this message
 
Old 12-19-2023, 08:48 PM
 
Location: NY/LA
4,663 posts, read 4,550,488 times
Reputation: 4140
Quote:
Originally Posted by BeerGeek40 View Post
Very simple reasoning. People don't fly internationally or take cruises when the world is blowing up - which it is.

I've already shorted NCLH a number of times for gains, not holding it currently.

I'm short on AAL, CCL and a new one, DAL as of today.
How did this work out?
Reply With Quote Quick reply to this message
 
Old 12-19-2023, 11:00 PM
 
37,618 posts, read 46,016,337 times
Reputation: 57214
Quote:
Originally Posted by Mr. Zero View Post
How did this work out?
Well, I can tell you that there is no shortage of tourists in Germany, France or Austria currently! It’s packed over here.
Reply With Quote Quick reply to this message
 
Old 12-20-2023, 02:01 AM
 
Location: DFW
40,951 posts, read 49,206,955 times
Reputation: 55008
Quote:
Originally Posted by ChessieMom View Post
Well, I can tell you that there is no shortage of tourists in Germany, France or Austria currently! It’s packed over here.
Leaving for a Cruise after Christmas. The ships and airlines are all selling out.

Plus fuel costs are down which has to be a very large expense.

What a great time of year to be in Europe.
Reply With Quote Quick reply to this message
 
Old 12-20-2023, 02:33 AM
 
106,691 posts, read 108,880,922 times
Reputation: 80174
Quote:
Originally Posted by Rakin View Post
Leaving for a Cruise after Christmas. The ships and airlines are all selling out.

Plus fuel costs are down which has to be a very large expense.

What a great time of year to be in Europe.
our kids are leaving for europe next week
Reply With Quote Quick reply to this message
 
Old 12-20-2023, 02:36 AM
 
106,691 posts, read 108,880,922 times
Reputation: 80174
Quote:
Originally Posted by BeerGeek40 View Post
I think the markets are extremely overvalued and far too much risk vs reward right now.
We're long overdue for a correction.
your thinking is destroying more and more of what should have easily been more money as an investor .

after all ,that is why we are investing .

but once you think you know what’s coming and actually position your money for what you think , you are wasting your time investing as you will never get the compounding you should or could be.

sure , you can tell yourself but i am still gaining but that is like working for minimum wage when you have skills that can get far more and telling yourself at least i have an income.

it becomes self defeating after a while.

so instead you put so much effort into dabbling in small dollar trades and the growth meter barely budges.

in the mean time you miss the big years that are supposed to pull up the lower years to a certain average

we tell you this as friends

Last edited by mathjak107; 12-20-2023 at 03:29 AM..
Reply With Quote Quick reply to this message
 
Old 12-20-2023, 02:53 AM
 
37,618 posts, read 46,016,337 times
Reputation: 57214
Quote:
Originally Posted by mathjak107 View Post
our kids are leaving for europe next week
My kid is with me.
Reply With Quote Quick reply to this message
 
Old 12-20-2023, 03:03 AM
 
106,691 posts, read 108,880,922 times
Reputation: 80174
Quote:
Originally Posted by ChessieMom View Post
My kid is with me.
they were actually supposed to go last june .

the day they were to leave my son was rounding up all the documents and the little one’s passport expired .

they were so busy getting global entry for the kids they forgot passports are only 5 years for the kids .

so they were able to get most of the trip credited and are going now .
Reply With Quote Quick reply to this message
 
Old 12-20-2023, 01:09 PM
 
Location: Las Vegas & San Diego
6,913 posts, read 3,379,619 times
Reputation: 8629
Quote:
Originally Posted by BeerGeek40 View Post
I think the markets are extremely overvalued and far too much risk vs reward right now.
We're long overdue for a correction.
If the market is overvalued, that may indicate a short opportunity but is contrary to the idea of how market pricing works, the idea is that the market prices in all known info. In other words, the market does not agree with you.

Also the idea that we are "long overdue" for a correction is not true by any means. We have had several "corrections" over the last few years. There was a correction as recently as in October, literally the market was just coming out of a correction when you posted. So "long overdue" was maybe a week before you posted.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Investing

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top