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Posted (edited)

If you had simply put 1000 in (MO) Altria in 1967, you would have close to 7 million, today. It even lost 1/3 of its value on a single day in 1999.

Edited by bangmai
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Posted

But, when to sell? That is the challenge.

Especially if you disregard the fundamentals of the companies you invest in, as is apparently quite normal among people who refer to themselves as investors.

No wonder we get all these bubbles, just look at the Facebook thread, multiple people chiming in on how FB is a “strong buy” even though they are currently valued at over three hundred billion dollars and generate about one percentage of that in profit.

Hopefully people investing in FB know how to setup a stop-loss order.

Posted

I am patiently awaiting posts from the BIG players on this thread.

Tonight? Tomorrow? Infinity +1?

Really, UNIMPORTANT!

"The trend is your friend" (sometimes).

Posted (edited)

If this and if that.

If you had invested 100 million in Worldcom in 1998, then now you would have nothing.

and if you had invested anything at all with Bernie Madoff or Jon Corzine you would have nothing and you would be highly embarrassed at being so stupidgiggle.gif

Edited by Asiantravel
Posted

I have just put on my parachute.

don't forget to wear pampers... laugh.png

I forgot that aspect. Thank you, Naam.

For me, double-lined.

Posted

I have just put on my parachute.

don't forget to wear pampers... laugh.png

I forgot that aspect. Thank you, Naam.

For me, double-lined.

and a spare one for emergencies!

Posted

Naam, I remind you that this is a serious thread.

Some of the big players have B10k @ risk.

i humbly apologise. had no idea that we are talking about huge sums wai2.gif

Posted

this one seems like a pretty dim bulb.

complains about a crash, yet appears to still have substantial assets in stocks during one of the higest markets on record.

mee guess does not have the balls to sell now for some reason. nothing new to report here.

Posted

there was no recovery and next crash, say bye bye to your retirement.

too many countries are totally broke.

don't belive me? that's ok, one day your retirement money won't show up on your bank account. what will you do?

I might sell some of my land, properties, shares, gold, bitcoins or raid my own bank accounts in other countries...

It would be really foolish these days to keep "all" of your assets and wealth in a single institution imo... Or even in a single country

The broader you can diversify the better got can guard against a total wipe out and many financial "experts" are saying its only a matter of time before the current system will implode...

  • 1 month later...
Posted

Time to BUY BUY BUY blood on the streets ( so a famous person said oh that was meeeeeeeeeeeeeeeeeeeeeeeee)

I have bad news for you.

http://finance.yahoo.com/news/era-buy-dip-over-jpm-110000022.html;_ylt=AwrXgiO604xWyBYAxw6TmYlQ;_ylu=X3oDMTE0aGN0MWo5BGNvbG8DZ3ExBHBvcwMyBHZ0aWQDVklEUUJDS18xBHNlYwNzYw-- The era of 'buy the dip' is over: JPM strategist

So where is the smart money being invested now?

Posted

Time to BUY BUY BUY blood on the streets ( so a famous person said oh that was meeeeeeeeeeeeeeeeeeeeeeeee)

I have bad news for you.

http://finance.yahoo.com/news/era-buy-dip-over-jpm-110000022.html;_ylt=AwrXgiO604xWyBYAxw6TmYlQ;_ylu=X3oDMTE0aGN0MWo5BGNvbG8DZ3ExBHBvcwMyBHZ0aWQDVklEUUJDS18xBHNlYwNzYw--

The era of 'buy the dip' is over: JPM strategist

Not necessarily bad. The elevated volatility brings good opportunities for traders. Apart from that, don't weigh these analysts too much.

Posted

Time to BUY BUY BUY blood on the streets ( so a famous person said oh that was meeeeeeeeeeeeeeeeeeeeeeeee)

I have bad news for you.

http://finance.yahoo.com/news/era-buy-dip-over-jpm-110000022.html;_ylt=AwrXgiO604xWyBYAxw6TmYlQ;_ylu=X3oDMTE0aGN0MWo5BGNvbG8DZ3ExBHBvcwMyBHZ0aWQDVklEUUJDS18xBHNlYwNzYw-- The era of 'buy the dip' is over: JPM strategist

So where is the smart money being invested now?

money.jpg

Posted

forget money

forget gold

forget paintings...

I'm now buying seeds!!!!

we are DOOMED!!!!

market to fall another 70%

DOOMED!!!!!

  • 4 weeks later...
Posted

I continue to maintain my asset allocation and keep the long view, as I have done for three decades or so. I see no reason in getting excited or making any conclusions based on short term market gyrations.

Posted

I continue to maintain my asset allocation and keep the long view, as I have done for three decades or so. I see no reason in getting excited or making any conclusions based on short term market gyrations.

" short term market gyration "giggle.gif

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