• There has been a recent cluster of spammers accessing BARFer accounts and posting spam. To safeguard your account, please consider changing your password. It would be even better to take the additional step of enabling 2 Factor Authentication (2FA) on your BARF account. Read more here.

2020 Investment Thread

Status
Not open for further replies.
Wrong thread, that's the "Defund OPD" thread. Bojangles is talking about wearing a bikini on the ride along.
 
Blankpage said:
The enigma that is TSLA stock rolls on. A lesson in the dangers of stock shorting.
Click to expand...

If it hits $1,000 I'm tempted to dump it all and sell...but I bought in at $230, so I doubt it'll drop back down THAT far. I could see it tanking back down to like the $400-$500 range though for sure.
 
NorCalAthlete said:
If it hits $1,000 I'm tempted to dump it all and sell...but I bought in at $230, so I doubt it'll drop back down THAT far. I could see it tanking back down to like the $400-$500 range though for sure.
Click to expand...

Sky's the limit! It may hit $20k, and Elon Musk will rule the US.:laughing
 
900ss said:
He's already building his own Skynet......
Click to expand...

Ironically SpaceX has a server room named Skynet. My first job in the valley was a defense job, and the program I was hired for was basically Skynet. Should we be concerned? - I thought :laughing



Tesla met its 5 year goal of 500,000 produced in 2020 despite the Covid shutdowns :party- seems to be adding to the froth. Rewind 5 years and and that goal was crazy talk because Tesla was going Bankrupt!
 
Calling it now, and sorry for somewhat political content.

SWBI, RGR, AOBC are gonna spike for the next 6 months I think. Buying shorter term calls. Between the protests today, Dems consolidating power, and the top people having openly stated gun control is a cornerstone of their personal platform let alone the party, it's going to be a squeeze and a run on buying.

Long term, today's events will be a catalyst used to push gun control and restrict the market / suppress the market / do everything they can to kill gun manufacturing and distributing, so while my March puts are probably gonna expire worthless I think in 2022 things will tank.
 
I made a rare impulse buy today 2 minutes before closing. CPB was down 2% for no obvious reason, and with tomorrow being its 3% ex-dividend date. Bought 100 shares.

Now, someone tell me what I missed. :toothless
 
rodr said:
I made a rare impulse buy today 2 minutes before closing. CPB was down 2% for no obvious reason, and with tomorrow being its 3% ex-dividend date. Bought 100 shares.

Now, someone tell me what I missed. :toothless
Click to expand...

Might have been a good trade. Price was reasonable, Book value is a bit high for me, decent dividend, good company to own in a pandemic. I bought KHC a while back for the dividend and pandemic value.

And, they apparently just raised the dividend.
 
My boss texted me today about current events. I was buried in a project and hadn't been watching the interwebz. My reply was "I hope this doesn't fuck up the market."

We are a resilient country, and people don't people don't work against their own collective interest.
 
I hope something does. We're in dire need of correction and beyond drowning in debt. It's just a matter of time before it all comes crashing down.
 
scootergmc said:
I hope something does. We're in dire need of correction and beyond drowning in debt. It's just a matter of time before it all comes crashing down.
Click to expand...

It will come when you are nice and relaxed and happy with things. :laughing
 
Well, I sold most of my tech in the very recent past, I'm kinda wishing I had held onto a bit, but I'm also just incapable of owning equities that are in such nosebleed territory.

I'm about 25-30% invested in large cap stocks.
 
I went 15% international last year in VWIGX. Of course I wish I would've gone more but I won't complain, although I don't like a lot of China.
 
This is just f'ing bonkers.

The Tesla and Amazon I sold shares a while back that paid for the initial investment so they're basically free, so no real loss if they tank at this point, but these valuations are just plain silly. Probably time to dump and get (more) defensive.
 

Attachments

  • cs.jpg
    cs.jpg
    15.5 KB · Views: 87
Status
Not open for further replies.
Back
Top