04-03-2020, 09:10 PM | #289 |
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I had over 75% gain on BA earlier this week, I bought it sometime last week or two weeks ago. I didn't sell any because of how much of the tax I'd have to pay. However, I think it'd be more than that if I kept it for at least a year, making a quick buck isn't what I am looking for right now unless I had other investments insight.
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04-03-2020, 11:55 PM | #290 | |
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04-04-2020, 01:37 AM | #291 | ||
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04-04-2020, 01:43 AM | #292 | ||
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Anyways, stock prices went down, you lost money. If it goes up you make money. Not that hard of a concept. You never 'truly' gain or lose until you sell. Should've just held it, BA is not a short term stock to play right now, too risky. EDIT: you probably just used Boeing on the search to purchase. BA is the ticker symbol for the company to identify it in the stock market. |
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04-04-2020, 01:47 AM | #293 | |||
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04-04-2020, 01:51 AM | #294 | ||||
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If you bought 10 BA shares at 90, you paid 900. Today those 10 shares are worth 120, so 1200. You'd make 300 IF you sold. If you don't sell and it hits 80 on Monday, it's now it's worth 800, once again IF YOU SELL. Get it so far? So buy and hold, and sell when you desire. Hope this helps? Some ppl could've bought at 90s and sold a couple days ago around 180 after doubling their money. Just timing. |
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04-04-2020, 01:53 AM | #295 |
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Good to see that Vegas shutting down hasn’t prevented anyone here from gambling
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04-04-2020, 02:18 AM | #296 |
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04-04-2020, 08:50 AM | #297 | |
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But he bought and I didn't. But he also has a lot more money to put into it than I would. I was looking at maybe 100 shares. He bought a lot more than that. Oh well.....nothing I can do now. One I will be watching is Park Hotels as one to hold. It's selling around $7.00 last I looked....and could potentially go back into the $30 range once things pan out. But it would take awhile. But it's also a price that most people can get into if looking to get their feet wet with individual stocks without putting too much money into it. Also remember if you get in and out, you will negate a fair amount of it with taxes. Another reason to hold it longer. Otherwise....Vanguard ETF's are the safest bets I see for someone who plans to hold for extended periods. Just make sure it's money you can spare, buy it, and forget about it.
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04-04-2020, 09:13 AM | #298 |
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Well I sold USO for 30% gain in 7 days. Not proud of it, like I told my wife that was a dumb move and was sheer luck. Back to the right way next week!
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04-04-2020, 12:05 PM | #299 | ||
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Anyways, if you like hotel stocks look at MGM, LVS (Las Vegas Sands) and EXPE (Expedia), they all have potential to move back up in the long term since they are all heavily affected right now since no one can travel ofcourse. |
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04-04-2020, 01:36 PM | #300 | |
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04-04-2020, 02:11 PM | #301 |
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04-04-2020, 02:51 PM | #302 | |||
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Still sitting on USO at 40%. DocuSign is kicking my butt but I am going to hold it longer term. My BA purchase was my very first stock purchase and I should have either stayed away or kept it for the long haul. |
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04-04-2020, 02:52 PM | #303 | |
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I never looked at anything to buy and sell....just buy and hold. But he told me to watch Boeing 3-4 weeks ago. I watched it everyday as it stayed at around $100. If I knew that it would go up the way it did, I would have bought it then. But it jumped almost $70 a share in about 2 days time. I should have listened more closely to him. He made a pretty good bit.....but I was too conservative to act on it. Now I just look at specific ones that are down huge amounts, look at what they averaged before all this happened....and make decisions that way. But as I mentioned before.....I'm OCD about keeping cash available. So I miss out on things that for others is a no-brainer. That's what I'm trying to work on.
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04-04-2020, 03:53 PM | #304 | ||
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04-04-2020, 05:27 PM | #305 |
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USO is going to most likely tank Monday. Not going well with the Saudis and Russians and talks took a bad turn today. Glad I got out. I may get back in if it drops low enough.
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04-04-2020, 07:46 PM | #307 | ||
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04-06-2020, 03:33 PM | #308 | ||
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