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.
Our messages just crossed. I was considering CCL when it was down in the 20s, but too nervous to pull the trigger. I’m feeling a bit better about it now, but only if you have a long time horizon - like 5 years.
Our messages just crossed. I was considering CCL when it was down in the 20s, but too nervous to pull the trigger. I’m feeling a bit better about it now, but only if you have a long time horizon - like 5 years.
Those are good points. I think I'm going to pull the trigger on at least a few thousand worth of CCL tomorrow. If it has a sudden spike between now and August, I'd probably sell at that point. Otherwise, I'd have no problem holding for a while.
So much for "never going back to normal" and staying locked down for 2 years. I personally won't do it, but bravo to those who aren't afraid to leave their homes.
So much for "never going back to normal" and staying locked down for 2 years. I personally won't do it, but bravo to those who aren't afraid to leave their homes.
If I was into cruises, I would go. But I don't see the point of sailing around for weeks at a time on a large floating platform. I get that some people like it. Its just never been something that has interested me.
Those are good points. I think I'm going to pull the trigger on at least a few thousand worth of CCL tomorrow. If it has a sudden spike between now and August, I'd probably sell at that point. Otherwise, I'd have no problem holding for a while.
Good plan. Also, if it drops below your purchase price, be prepared to just hold rather than lock the loss. JMHO.
There were really some bargains out there a few weeks ago, I bought an energy ETF and am up 25%. I’m sorry I didn’t buy more. (Woulda....coulda....shoulda.....)
Good plan. Also, if it drops below your purchase price, be prepared to just hold rather than lock the loss. JMHO.
There were really some bargains out there a few weeks ago, I bought an energy ETF and am up 25%. I’m sorry I didn’t buy more. (Woulda....coulda....shoulda.....)
Yep, absolutely! It would be different if I invested in a dot.com company that I knew wasn't going anywhere one it tanked. Otherwise, if the company otherwise has a solid plan, I am not one to ever bail because the stock has gone down temporarily. I recall when I was down a few thousand in TSLA and others were telling me to "sell, sell, sell." Had I listened to them I would have never recouped my money. The reason why most don't seem to beat the DOW average is because they are panic buyers and sellers, buying high and selling for less.
As historian John Barry, author of "The Great Influenza," noted: as the death toll mounted during the Spanish Flu the U.S. government continued sending troops on ships to Europe which Barry referred to as "floating coffins."
Should make for some memorable advertising slogans for the cruise lines.....
Yep, absolutely! It would be different if I invested in a dot.com company that I knew wasn't going anywhere one it tanked. Otherwise, if the company otherwise has a solid plan, I am not one to ever bail because the stock has gone down temporarily. I recall when I was down a few thousand in TSLA and others were telling me to "sell, sell, sell." Had I listened to them I would have never recouped my money. The reason why most don't seem to beat the DOW average is because they are panic buyers and sellers, buying high and selling for less.
We’re trailing off into a general discussion of investments, but yup.....the panic buyers and sellers find themselves a day late, a dollar short. The best opportunities are formed by crises. I picked up some real bargains at the low in 2009 and was able to retire well ahead of schedule as a result.
Another thing I look for is some crisis that befalls a specific company, due to their bad luck or mismanagement, but nothing related to the industry as a whole, but other related companies in that same industry fall in tandem. Remember that big oil explosion several years ago? That stock tanked, but so did other oil companies. I picked up one of those at the time.
(Hey,,,,you can give me legal insights, and I can give you stock insights. Not that I have a crystal ball, but I enjoy the business world.)
We’re trailing off into a general discussion of investments, but yup.....the panic buyers and sellers find themselves a day late, a dollar short. The best opportunities are formed by crises. I picked up some real bargains at the low in 2009 and was able to retire well ahead of schedule as a result.
Another thing I look for is some crisis that befalls a specific company, due to their bad luck or mismanagement, but nothing related to the industry as a whole, but other related companies in that same industry fall in tandem. Remember that big oil explosion several years ago? That stock tanked, but so did other oil companies. I picked up one of those at the time.
(Hey,,,,you can give me legal insights, and I can give you stock insights. Not that I have a crystal ball, but I enjoy the business world.)
Sounds good to me I'm definitely still a trading novice and will soak up all of advice I can get, both the good and the bad!
Sounds good to me I'm definitely still a trading novice and will soak up all of advice I can get, both the good and the bad!
It’s a deal. Of course, be careful of advice from Internet strangers. (Except me of course.)
You might get some interesting tidbits on the investment sub-forum. There are some very knowledgeable posters there, but of course, as always, do your own due diligence. I have gotten some ideas there, though.
Have a good night.
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.
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.
I'm definitely still a trading novice and will soak up all of advice I can get, both the good and the bad!
