Stock Market picks???

Discussion in 'Economics & Trade' started by wgabrie, Nov 25, 2018.

  1. wgabrie

    wgabrie Well-Known Member Donor

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    I'm really bad at investing in stocks. I only lost money on the stock market. So, I haven't done anything with the stock market for years, almost a decade now.

    But I was thinking maybe a good investment strategy would involve buying stock of companies who are working on Quantum Computers. This would, I think, be the next big revolution in tech. Microsoft, D-Wave, Intel, ect. all make good choices for a long-term investment. One of these companies is going to be a breakaway success.
     
  2. The Don

    The Don Well-Known Member

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    In my opinion there's a difference between investment and speculation.

    Investment involves putting money into the market on a regular basis in a diversified portfolio to spread the risk across time and across stocks.

    Speculation involves picking individual stocks that your reckon and going to do well and making a one-off investment.

    My view is that while investment can reasonably be expected to yield results in the long term, speculation is the equivalent of betting on the horses.
     
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  3. Hotdogr

    Hotdogr Well-Known Member Past Donor

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    Look up FCNTX, and look at it's performance history. It's heavily invested in tech.

    Now is a good time to jump in, tech took a beating last week.
     
    Last edited: Nov 26, 2018
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  4. Kode

    Kode Well-Known Member

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  5. Market Junkie

    Market Junkie Well-Known Member

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    I still love Microsoft.

    Nadella has done a great job at the top after taking over for dead-weight Ballmer.

    Over the past five years tech and health care have been the best-performing sectors in the S&P 500.

    I'm betting heavily that they'll continue to be the top performers over the next decade.

    My health care allocation is evenly split between VHCIX and FHCIX, both terrific funds.

    About 75% of my tech money is in VITAX, with the rest in FSCSX.
     
    Last edited: Dec 2, 2018
  6. Distraff

    Distraff Well-Known Member

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    What I do is invest in a general market ETF like one that follows the S&P 500. You don't even have to follow the S&P 500 or Nasdaq specifically, because these just follow a group of companies that that group is a bit arbitrary.

    Another thought is that if you have settled down somewhere, then a great investment is a house, and get one that is cheaper so you can pay it down quickly with little interest.
     
  7. Kode

    Kode Well-Known Member

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    Have you noticed that when the stock market crashed in 2009 and it was at the bottom (in retrospect), that was when a majority of people, media, etc. were reflecting their greatest fears and their aversion to the market? My own wife was frantic. We had gotten out of stocks at the top because I saw it coming. But then it crashed and my wife, in a frenzy when the market was in the bottom regions in 2009, stressed "I don't want ANYTHING to do with any stocks of the stock market after seeing this crash!!!!!!!!!!!!!"

    I told her it was time to get back in and she went ballistic.

    Then the market climbed for ten years. Have you noticed that when a top is approaching, that is when people start to clamor that "if we don't get in now, we might miss this whole thing!!!!!!" People did that with home buying in 2007-8 at the top of the housing boom just before it crashed.

    Fear and greed. That's what drives all this. And people act on it, and that's why so many people only lose.

    When you feel the greatest fear about the market, THAT is when you should notice the fear and jump INTO the market. And then, when you feel the most elated and optimistic about the market, THAT is when you should be selling out.

    I recently filled up on bear funds.
     
    Last edited: Dec 28, 2018
  8. Market Junkie

    Market Junkie Well-Known Member

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  9. Quadhole

    Quadhole Well-Known Member

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    Dont do it, just wait. Another year, or dow at 10k - 15k and then go all in on the market.
    If you dont mind risk, you can play some biotechs now, or even gold STOCKS. Gold will continue up for a few years into the recession.
     
  10. Market Junkie

    Market Junkie Well-Known Member

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    My, those bears are takin' it on the chin so far this year...
     
  11. Quadhole

    Quadhole Well-Known Member

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    It may go on for another 3 months, by the end of the year it will all be down 25%. Unless the FED lies, cuts rates, and start chat about not tightening, which is all just more KICK THE CAN...
    Listen to Jeffrey Gundlach -------- he knows the truth, debt, fiscal policy is ****, and we are headed into a garbage pit of stock debt ! Sideways until they make a move and as usual, Wall Street will control the FED, who controls the DEBT, which controls the market and all of our up coming problems.
     
  12. Market Junkie

    Market Junkie Well-Known Member

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    Damn, Quad, you bears got smashed again this week.

    Gunna have to rent a U-Haul if I decide to take some profits later this month... $ 8) $
     
  13. Market Junkie

    Market Junkie Well-Known Member

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    Damn, bears are getting their asses handed to them BIG TIME by Mr. Market so far this year.

    The 500 is up nearly 11% year-to-date.

    And my biggest tech position (VITAX) is up nearly 14%.

    This is almost as good having you own personal money-printing machine, Quad... :thumbsup:
     
  14. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    What in heaven's name does Economics have to do with picking stocks ... ?
     
  15. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    You are investing in a "market" that is the least unfair of any in America.

    Were healthcare provided fairly, it would be under government control ...
     
  16. wgabrie

    wgabrie Well-Known Member Donor

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    Well, as the economy goes, there goes the stocks.
     

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