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Old 02-11-2021 | 03:29 PM
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Originally Posted by TrippM
Last night I was thinking to myself "I have a hell of a capital gains problem if I sell" I'm looking forward to the merger because I also have APHA and those shares will convert to TLRY at something like .8 per share. Should be fun to watch it all play out. At the speed congress works we could possibly see federal decriminalization in our lifetime. Even without the US the euro deal is enough to ensure growth.
Cheers
capital gains or not...anytime I see moves like we just saw I pull out...wait for the retracement and get back in.

you’ll be waiting months...likely years before we see these numbers again. The gains outweighs the tax implications for me.
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Old 02-11-2021 | 04:38 PM
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Originally Posted by endeavor1
Are you guys getting these stocks off Reddit or where. They seem to be great if in early and able to get out quick. This is the only social media I do so I’m just curious.
I've had 80+% of my stocks for over 20 years. I bought TLRY after a golf buddy (retired US Marshall) told me about it over a year ago. In my opinion, the whole "get rich quick" stock dream is just that.... A dream that requires a TON of luck for the average investor and the odds are against winning with that mindset. Build a nice portfolio of solid stocks. The dividends alone can be quite rewarding.
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Old 02-11-2021 | 07:17 PM
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Originally Posted by 1MOSES1
capital gains or not...anytime I see moves like we just saw I pull out...wait for the retracement and get back in.

you’ll be waiting months...likely years before we see these numbers again. The gains outweighs the tax implications for me.
I'm happy for you. Enjoy
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Old 02-12-2021 | 08:18 AM
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I bought that INDD at .091 and BBRW@ .015 .. those are not working out .
BFI went nowhere, that`s what I get from breaking my rules and trying to be the hare
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Old 02-12-2021 | 09:03 AM
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Originally Posted by OldSchool
I've had 80+% of my stocks for over 20 years. I bought TLRY after a golf buddy (retired US Marshall) told me about it over a year ago. In my opinion, the whole "get rich quick" stock dream is just that.... A dream that requires a TON of luck for the average investor and the odds are against winning with that mindset. Build a nice portfolio of solid stocks. The dividends alone can be quite rewarding.
It was many years ago I heard a interview with Warren buffet. He had a bet with some guy that he could do just as well investing in a indexed Mutual fund as the guy trading. Forgot how much they bet but after 2-3 years Buffet was ahead.
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Old 02-12-2021 | 09:39 AM
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Originally Posted by ICDEDPPL
I bought that INDD at .091 and BBRW@ .015 .. those are not working out .
BFI went nowhere, that`s what I get from breaking my rules and trying to be the hare
don't get discouraged Dan , give it into next week Friday most brokers are off for a 3 day weekend so traders are flipping and moving the $$ .. no volume if you watch just small trades make n forth makes it easy if they find 1 they decide to run for the day

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Old 02-12-2021 | 07:39 PM
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...

Last edited by JMAASKE; 02-12-2021 at 07:43 PM.
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Old 02-13-2021 | 08:25 AM
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Originally Posted by ICDEDPPL
I bought that INDD at .091 and BBRW@ .015 .. those are not working out .
BFI went nowhere, that`s what I get from breaking my rules and trying to be the hare
BBRW is rumored to be doing a deal with Anheuser. I’m hanging on to my shares.
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Old 02-13-2021 | 09:19 AM
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Originally Posted by Wildman_grafix
It was many years ago I heard a interview with Warren buffet. He had a bet with some guy that he could do just as well investing in a indexed Mutual fund as the guy trading. Forgot how much they bet but after 2-3 years Buffet was ahead.
End tally was hedge fund up ~ 36% after taking their 2 & 20.
The Oracle took a simple 500 index fund and returned ~ 126%

https://money.cnn.com/2018/02/24/inv...bet/index.html
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Old 02-14-2021 | 06:15 AM
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MACGX was 125% over the index according to Morningstar. I must be really lucky, because I know I’m not that good. But using a method one of my customers showed me who was a money manager has worked exceptionally well for me. But you have to pay attention to everything. So far I’m at 538% for the last year.
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