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Old 03-17-2020, 04:33 PM   #1
cantexduck
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Default Time to buy stock ?

Is now a good time to invest some money ? If so whatís the best best route to take if I just want to put in a set amount and leave it for a while ? Anyone on here someone in the business ?
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Old 03-17-2020, 04:36 PM   #2
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Plenty of threads on this, but depending on what your definition of "a while" is then sure it's a great time to invest. Trying to time the market is a bad idea, sure it could go down a whole lot more but you can get some great companies at a steep discount right now and if you're in it for 5+ years you're bound to profit. If you don't know what you're doing look at the Vanguard Life Strategy funds and find one that meets your risk profile and timeline.
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Old 03-17-2020, 04:38 PM   #3
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Wait a little longer to see if Wall Street tanks anymore and when you think all this is over and the market begins to go back up buy buy buy! Iím going to jump into a couple of good stocks that are going to be fine when this is all over and make some retirement money riding it back up...


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Old 03-17-2020, 04:58 PM   #4
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Wait a little longer to see if Wall Street tanks anymore and when you think all this is over and the market begins to go back up buy buy buy! Iím going to jump into a couple of good stocks that are going to be fine when this is all over and make some retirement money riding it back up...


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Yep this^^ get you ducks in a row and get ready to buy.
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Old 03-17-2020, 05:18 PM   #5
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Yep this^^ get you ducks in a row and get ready to buy.
THIS....When all the TBH financial gurus decide we have hit bottom, you can buy w confidence
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Old 03-17-2020, 06:01 PM   #6
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41 years in the security business - NOBODY can time the market - not even the pros - proceed with caution
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Old 03-17-2020, 06:45 PM   #7
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If you’re looking to make money quick this isn’t the time. If you’re not in a hurry then go for it.
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Old 03-17-2020, 07:08 PM   #8
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if youíre looking to make money quick this isnít the time. If youíre not in a hurry then go for it.
truth
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Old 03-17-2020, 07:15 PM   #9
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Was just thinking I could get more for my money right now . No issues letting it sit for how ever long .
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Old 03-17-2020, 07:16 PM   #10
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Finally someone started a thread on this.


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Old 03-17-2020, 07:33 PM   #11
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Finally someone started a thread on this.


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I knew someone would make this comment
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Old 03-17-2020, 07:36 PM   #12
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I'm going to wait for them to go on sale
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Old 03-17-2020, 07:39 PM   #13
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You have the right idea!
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Old 03-17-2020, 07:58 PM   #14
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I bought more this morning. At some point Im going to look like a genius, lol.
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Old 03-17-2020, 08:23 PM   #15
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I bought more this morning. At some point Im going to look like a genius, lol.
Tell us what you bought. Donít be secretive!
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Old 03-17-2020, 08:24 PM   #16
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Tell us what you bought. Donít be secretive!
Google, Microsoft, Visa and TJX.
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Old 03-17-2020, 08:28 PM   #17
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Risky, Risky dice roll is PENN @ sub $8
It was $30 10 days ago.

McDonald’s, Lowe’s, delta, AA all pretty safe long term bets.
(At least that’s what I’m told)
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Old 03-17-2020, 08:32 PM   #18
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No

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Old 03-17-2020, 08:43 PM   #19
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Originally Posted by Milkfisher View Post
Risky, Risky dice roll is PENN @ sub $8
It was $30 10 days ago.

McDonaldís, Loweís, delta, AA all pretty safe long term bets.
(At least thatís what Iím told)
I already bought Lowe's. May buy more soon.
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Old 03-17-2020, 08:48 PM   #20
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Not everybody searches through the topic list to see if another person asked this same question. Geez, give the guy a break. Thereís no sense in being a smart *****. This place gets more like AT the longer it goes. Thatís why I post less these days.
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Old 03-17-2020, 08:50 PM   #21
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Bought a bunch of Disney shares this morning and Grubhub
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Old 03-17-2020, 08:53 PM   #22
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And if it goes down I will average down
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Old 03-17-2020, 09:00 PM   #23
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Bought a bunch of Disney shares this morning and Grubhub
Last week I bought Disney also. Yes they get revenue from the parks and cruises but the vast majority of the revenue comes from the digital content. That isnt going anywhere or getting infected.
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Old 03-17-2020, 09:02 PM   #24
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If you have a long while and going to keep plugging away, mutual fund indexís. Itís hard to best the market picking single stocks.


Quote:
Originally Posted by cantexduck View Post
Is now a good time to invest some money ? If so whatís the best best route to take if I just want to put in a set amount and leave it for a while ? Anyone on here someone in the business ?
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Old 03-17-2020, 10:05 PM   #25
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I'll be happy to buy some Adobe after this pull back. More Microsoft and Honeywell. JPMorgan and Visa. Home depot would probably be good but a lot of stocks will probably have to get through a solid quarter earnings call with estimates being beat before good price increases.

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Old 03-17-2020, 10:29 PM   #26
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I bought ADBE, PINS and LGIH
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Old 03-17-2020, 10:37 PM   #27
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Quote:
Originally Posted by Bassdeer View Post
Yep this^^ get you ducks in a row and get ready to buy.


This is what has worked well for me. While most others rode the 2008 crash to 40-60% losses. I sold stocks and moved them to money market. Once it bottomed I bought back in at about 1/2 what I sold it for and rode it up to 3-1/2 times what I paid for it at buying back in. Made a couple of quick Ins and outs that didnít amount to as much but still made me some money! It is risky no doubt but at that time I was looking for high risk and did it myself quickly once I decided to move. In 15 years total time I made 300% on what I put into it. That was inside of my 401k by the way


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Old 03-18-2020, 01:48 AM   #28
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I am not in the market and I am not getting in the Market.
People have known (and they have even written on this board) that the value players have been sitting on cash for some time.
I have written on this board that the same people who are managing your 401k and making money all the way down - that is how they quadruple your returns.
Fed is going to add liquidity to the market, google it yourself and find out how that works and who absorbs this liquidity while dripping some down.

But the standard answer is to wait until a dip does not go as low as the previous dip AND a bounce goes higher than the last bounce.

This is not my advice but is the standard advice.

Last edited by PlanoDano; 03-18-2020 at 02:02 AM.
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Old 03-18-2020, 06:06 AM   #29
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look at boeing
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Old 03-18-2020, 07:47 AM   #30
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look at boeing
Iíve been looking at Boeing too. You know what else Iím gonna be looking at now? THE CLASSIFIED SECTION!!!!!!! Post#30💥
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Old 03-18-2020, 10:13 AM   #31
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Do you have any investments at all?

For a DIY approach, open a brokerage account at Vanguard and Purchase VTI. Trading at $120 a share and represents the entire US market.

Yes there are some individual stocks that will offer more growth potential but there will be some companies that doesn’t survive this experience. Instead of picking some winners and losers the total stock index fund from vanguard spreads the love and still offers 7% annual historical growth.

If you don’t have a Roth IRA start there with vanguard either VTI or Target retirement fund then with left over money open a brokerage account.

If you want to get rich quick, throw all your ducks into travel airlines/cruises/casinos and hope none go bankrupt...
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Old 03-18-2020, 12:11 PM   #32
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Quote:
Originally Posted by Milkfisher View Post
Risky, Risky dice roll is PENN @ sub $8
It was $30 10 days ago.

McDonaldís, Loweís, delta, AA all pretty safe long term bets.
(At least thatís what Iím told)
Now sub $5. Pretty crazy considering it was $38 within the last month
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Old 03-18-2020, 12:18 PM   #33
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XOM at $33.88
RDSA at $23.11
CVX at $61.6
OXY at $9.97
KMI at $10.59
WTI at $1.16
TRGP at $4.93
Total $151,410 Today

My purchases today
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Old 03-18-2020, 12:30 PM   #34
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Congrats, good names for sure. I'm still holding off, more down to come, media will guarantee it. Hope I'm wrong, would love to be.

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Old 03-18-2020, 01:29 PM   #35
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Who are ya'll going through to invest? Apps or specific people?
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Old 03-18-2020, 02:10 PM   #36
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Burnadell You need to be here scolding more people When the DOW was 29,400 I said it would drop and I got the speech

Give all these guys saying it has a lot further to fall “the speech”. Just saying
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Old 03-18-2020, 02:13 PM   #37
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Quote:
Originally Posted by Buckrider View Post
This is what has worked well for me. While most others rode the 2008 crash to 40-60% losses. I sold stocks and moved them to money market. Once it bottomed I bought back in at about 1/2 what I sold it for and rode it up to 3-1/2 times what I paid for it at buying back in. Made a couple of quick Ins and outs that didnít amount to as much but still made me some money! It is risky no doubt but at that time I was looking for high risk and did it myself quickly once I decided to move. In 15 years total time I made 300% on what I put into it. That was inside of my 401k by the way


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How did you know where the bottom was?


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Old 03-18-2020, 02:16 PM   #38
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Quote:
Originally Posted by Rem40x View Post
XOM at $33.88
RDSA at $23.11
CVX at $61.6
OXY at $9.97
KMI at $10.59
WTI at $1.16
TRGP at $4.93
Total $151,410 Today

My purchases today
Not very diversified. All oil and gas. Should work out good though.
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Old 03-18-2020, 03:23 PM   #39
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Quote:
Originally Posted by cantexduck View Post
Is now a good time to invest some money ? If so whatís the best best route to take if I just want to put in a set amount and leave it for a while ? Anyone on here someone in the business ?
We /TBH folks ARE NOT good sources of advice on specifics for the most part---find a financial advisor and make it a habit to listen to them.

But--as the second post says "don't try to time the market"---

Look up a process called "dollar cost averaging" and believe it--it works.
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Old 03-18-2020, 03:34 PM   #40
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Quote:
Originally Posted by rtp View Post
I bought more this morning. At some point Im going to look like a genius, lol.
you and me both
go QCOM!!!!!!!!
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Old 03-18-2020, 04:01 PM   #41
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Originally Posted by RiverRat1 View Post
Burnadell You need to be here scolding more people When the DOW was 29,400 I said it would drop and I got the speech

Give all these guys saying it has a lot further to fall ďthe speechĒ. Just saying
ďThe speechĒ!!!
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Old 03-18-2020, 04:14 PM   #42
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If I say Iím buying in the future, short the market the next day and you are pretty much guaranteed a 10% return by close of business if not sooner.


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Old 03-18-2020, 04:21 PM   #43
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If I say Iím buying in the future, short the market the next day and you are pretty much guaranteed a 10% return by close of business if not sooner.


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Can somebody please explain to me what "shorting the market" is?
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Old 03-18-2020, 04:23 PM   #44
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The gold silver ratio is at it's highest point ever. I don't know if I should back up the truck to buy more silver or cry over how much I already own. Probably both. Interesting times.
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Old 03-18-2020, 04:26 PM   #45
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Can somebody please explain to me what "shorting the market" is?
Betting on it to go down further.

Borrow shares
Sell them
Buy them later for cheaper
Give lender back shares
Pocket difference per share between what you sold them for and what you bought them for
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Old 03-18-2020, 04:28 PM   #46
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The gold silver ratio is at it's highest point ever. I don't know if I should back up the truck to buy more silver or cry over how much I already own. Probably both. Interesting times.
At $12/oz I would buy all you can...if you can find it at spot.
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Old 03-18-2020, 06:52 PM   #47
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At $12/oz I would buy all you can...if you can find it at spot.
I can't find it anywhere close to spot. Maybe I'll have the kids comb through boxes of coins while they're out of school.
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Old 03-18-2020, 08:01 PM   #48
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Originally Posted by meltingfeather View Post
Betting on it to go down further.

Borrow shares
Sell them
Buy them later for cheaper
Give lender back shares
Pocket difference per share between what you sold them for and what you bought them for
Yep, the bears are making a killing right now
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Old 03-18-2020, 08:23 PM   #49
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Dumb question here but isnít this similar to gaining off of misfortune?
You know, like mad hatter was accused of?


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Old 03-18-2020, 08:39 PM   #50
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Quote:
Originally Posted by Rem40x View Post
XOM at $33.88
RDSA at $23.11
CVX at $61.6
OXY at $9.97
KMI at $10.59
WTI at $1.16
TRGP at $4.93
Total $151,410 Today

My purchases today
Why did you leave BP out of that mix? They seem like a bargain if they keep paying the 6% dividend.
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