Stocks.....what d'ya got?

I've been trading for the last 5 years. What I've learned is; I'm no good at this and have little to no more understanding of it than I did on day one.
I have no idea how the DOW can be at 14 plus. I understand that it lives 6 or 9 months in the future, but I can tell you my business is NOTHING like it was when the DOW was at 14 last. Most in my field and location are in the same shape or worse. I can't see 6 months changing that.

+1

I don't get it. I put my personal brokerage account and my 401k completely in cash at DOW 13.7. It makes absolutely zero sense to me the levels that things are trading at, given the state of the economy. I'm tempted to dump cash back in the market, but my gut just hasn't let me yet. In my fantasy world I'd have a summer buyback in the DOW 12.5 range.
 
+1

I don't get it. I put my personal brokerage account and my 401k completely in cash at DOW 13.7. It makes absolutely zero sense to me the levels that things are trading at, given the state of the economy. I'm tempted to dump cash back in the market, but my gut just hasn't let me yet. In my fantasy world I'd have a summer buyback in the DOW 12.5 range.

You're better off not trying to understand why things are the way they are and just go with it. Unless you are close to retirement, your best bet is to leave it invested and buy shares aggressively on dips. Lower your cost basis and accumulate good positions. Buy good companies that are stable. Don't latch on to the latest fads (FB, Apple at times, effin stupid Herbalife, etc).
 
I always wondered who buys HOG. I havent done the research to see how good or bad a stock it is. (it seems good) I have always been scared of automotive stocks in general. How has it worked out for you?:)
Bought HOG a decade or three ago. Held it about a year then sold it for enough profit to build my next race bike.
 
I'm glad I did a search BEFORE I started a thread on this. :eek: Seems like it is just like racing. The really good ones AIN'T tellin and NEVER will. :up:

Nuthin to see here... move along. :D
 
Bell and Carlson
SpeedFeed
Uncle Mike's(not really a stock, a finger-groove pistol grip for 1911 - no longer available).

Yes, these are investments. :D
 
Holy Moly! I'm taking it up the wazoo today.....mostly because of CELG. I got some EPL that's helping take out some of the sting, but I'm still taking a proper beatdown. :down:
 
Siri bought my SV and some cash to turn it into a racebike. I bought some after I bought the radio for my truck. Then I heard Howard was going over and was already seeing dollar signs.
 
Bump on an older thread, but HOLY HELL I wish I had bought some TSLA back in December like I had though of doing, or even better, 1 year ago.
Dec 2 price $124
1 year ago price $35
Currently $255!!!!!
 
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