Yeap, or as you put it....overpriced.

This stays in the back of my mind--after the speech the Dow rose an average of 21% for 3 years:

https://cimg7.ibsrv.net/gimg/www.off...3eda8fd17e.jpg
https://cimg8.ibsrv.net/gimg/www.off...d4ebbdcdc2.jpg

Check out II-VI, Inc. for long term as they are involved with government military.
Laser, optics, etc. Bought just after 911 for under $10/share and now $70+
II-VI Incorporated | Materials That Matter (ii-vi.com)

I just bought LUV South West airlines. I bought it long and hope I didn't buy in to early.

Airlines are dicey. Good luck!

didnt buy in early...? lol

you are way too late in the game...the easy money has already been made on those stocks. It gets dicey from here and the recovery is likely long.

luv was a buy back in the low 30’s. It’s currently 10-15$ off pre covid highs. Short term I see some corrections to the downside. Just my opinion. Good luck!!!!

What's your take on Tesla? I've been in it a while - online sentiment seems like its going to go big with S&P adoption. Sell now or wait??

I bought into MACGX midcap fund, it's done 142% so far this year. I jumped in late so I only made 35% so far. My research shows it to be one of the top earning funds in the market right now. I'm making more money in this than I am at my job and I just had a record month. I was second guessing myself when the share price took a dive, then I saw the dividends it paid.

It's a pretty good feeling to make more from your investments than you do in your day job - gives you a different perspective on day to day 'difficulties'. However, don't quit your dayjob too quick! ...we've had a good run over the past 4 years, I'm afraid of what the future may hold.Couple of the ones I've done well with....
Dodge & Cox - total gain 72.6%
Fidelity Large Cap Growth - total gain 62.0%
Fidelity OTC Port - total gain 257.6%
Fidelity Select Technology - total gain 158.1%
Tesla - total gain 64.0% (I've bought and sold this one a few times over the years for short term profit, but bought back in again recently)
Fidelity Growth & Income - total gain 48.3%
...several more in the teens to thirties range

Tesla keeps getting crazier for a company that has lost 6.5 billion dollars............it seems to be like a dot com stock from 1999, makes no money but it keeps up insane valuations. Selling tax credits has been very lucrative but at some point they won't have any more to sell (sold 600 million in 2019).

Airlines, a couple are going to go Pan Am/Eastern airlines at some point. There isn't enough demand to support 4-5 major carriers. You have to wonder how many businesses will sideline travel costs completely and adopt a more zoom model.

I agree (re Tesla) - so which business are they really in? Selling cars or tax credits??

And regarding airlines, I feel same about cruise lines. I have a friend that just went in pretty deep - I fear some may not make it.

Living right by a port for 7 cruise ships I have no idea how some of these companies can go pretty much a year without revenue.

I mean raining day fund is one thing but dam. At least airlines are operating a bit and also carrying cargo.

Yes......Seems to be the gift that keeps giving!

Thanks for the input guy's. I am no trader so picking a stock is very hard for me. I like hearing what's working and not working from others.

Don't read too much into it - I've been in the stock market since 1995. I've bought alot, sold alot, and lost alot! lol

I'm sitting on a -50% loser right now with Charlotte's Web (CBD oil). ...thought for sure it was going to take off from $10/share when I bought it. Nope - not yet!

f you're not a trader, buy some good growth stock mutual funds. Fidelity has several, as well as some that have low/zero fees. Look for 10+ year track records, but watch the fees!

Or, if you have 100k to blow, buy 5 Bitcoins and hold for about 5 years. You'll likely be glad you did.

Sadly the title of this thread is out of date.

nevertheless stocks continued to be pumped due to liquidity and crap bond markets. when there is no where else to put your money to make it grow...this is what happens.

not a huge fan of Tesla. I thought the valuation at $800 was insane. Now that we are $3000+ it’s more insane. It will correct, but who knows when and for how much. This is the quintessential definition of fanboy stock. People are Enamored to say they own Tesla. Almost like people love saying they own Apple.

no one wants to sell and as a result the stock just keeps getting pumped. Atleast apple has sales.

im a firm believer in tech stocks. I almost feel guilty not buying it. retail stores, cruiselines, airlines, etc...are all junk with terrible business models and crap margins. If you feel inclined to buy one find one that has an edge somewhere with various revenue streams particularly in tech...great example is disney. travel will come back but they have Disney +, ESPN, etc to right the ship.

just my 0.02.

I am so kicking myself for not pulling the trigger on my own pick of HAL :picard1: Its up about 300% from when I posted

The no revenue hurts but the debt on all those ships/planes is simply crippling. Airlines are still paying all their employees like a 60% wage NOT TO WORK! I think Southwest's CEO mentioned that they were burning through 11-12 MILLION PER DAY! What business can lose that kind of money and ever expect to recoup it? Once a flight leaves the gate, that is all the revenue that flight will ever earn, so if 25 seats of 300 are full they are lost seats forever on the other 275. Not like a car company can make the car and maybe it will sell tomorrow or next week, the revenue still has a chance to happen. With seats, it is sunk money they can never sell that trip that day again.

If you owned a small business and lose $1000 or $10,000 a day, at some point you have to pick the day that you close up shop, your losses can't be made up. At some point the cruise lines/air lines are going to have to have that topic discussed. Now 1-2 failures will help the ones that stay in business but I think both industries are going to have a hard time selling seats in the future. If they raise prices to help their finances it will kill sales and it is going to take a couple years to get regular people (non-business) back on the planes and people back into the cruise ships. I personally have always thought of cruise ships as floating petri dishes staffed by 3rd world country refugees.

AIrlines, cruise ships, rental cars and hotels I consider longshots on returns for the next 1-2 years but the ones with the highest debt service will likely be the ones that get closed. 3 of them are unionized which will make changes even more difficult.

Guessing someone made money on Home Depot or Lowes.

I bought Lowes and HD in April. I'm up 74% on Lowes and 38% on HD. That said, I sold a bunch of fsptx to buy them. I might of been better just keeping the $ in fsptx. But, I was looking to diversify a little too.

Agree with much of what you said with the exception of Bitcoin. To me, and many professional investors as well, Bitcoin is all just smoke and mirrors. Bitcoin is not based on anything of worth like conventional currency. The majority of bitcoin is held by a group of investors who could make a conference call and then take their profits and move on to other investments in a matter of hours. Have people made money on bitcoin? Yes, but the possibility of losing big looms large. As always, investing is a gamble. Don't bet anything you can't afford to lose.

I used to have an IT company and one of my clients was a financial planner for the very well to do. He showed me his methodology for investing in mutual funds due to their lower risk. I've tried to follow that and I don't think I've ever made less than 25% per year. Now that my company has their 401k with Fidelity I have access to anything I am doing much better, I should hit over 40% this year. Much lower risk and very steady growth. I've tried professional investment planners, they were terrible. They think if they make you 8% you should be grateful. I still say that MACGX is the one to get into, consistent long term growth and the dividends it just paid were huge. Morningstar rated it the top earning fund.

^^^^^^solid advice but most people don't like funds because they aren't glamorous enough to brag to their buddies about. Why talk MACGX when Tesla is up 400%!!!! This is what gets athletes in trouble, they think safe and 8-10% is losing vs. bragging about one stock that exploded (albeit at a significantly higher risk). NOBODY wants to talk about the losers, just like gambling.......Yeah went to Vegas and won 20K, ummm ok but what about the last time when you lost 50K!


I read a story years ago about Scottie Pippen (ex-Bulls player) and how he got killed in a super risky real estate deal. He was blinded by crazy promised returns that he didn't calculate the risk. The scammers feed on the players greed for a big return and failure to gauge risk properly. Needless to say, the property got foreclosed on, the partners had no money but Pippen sure did so the bank sued because he guaranteed the loan.


I worked in financial services at a national firm in Boca Raton, FL when I graduated from college. When the dot com thing started rolling people were coming into the office demanding 25% returns on everything. People with NO risk tolerance, one lady wanted to pull 450K out of CD's and go into the market chasing returns. After doing some digging we realized the CD money was her parents retirement money and she wanted to dump it in the market, pay the parents a 5% return and then keep the rest for herself. Needless to say, she was shown the door by management. Had a Dr making 400K a year, had 180K in mutual funds and he wanted to boost the returns yet he had zero disposable income, literally spent the whole paycheck. 3 kids in private school, renting a big house, leased cars, tennis for the wife........zero savings. We couldn't figure out the 180K. Was he a saver before he got married, did he just move to a high cost of living area and took a lower paying job? His 180k was his inheritance from his mother, he wanted to double it so he could use it as a down payment to buy a house! The returns are rarely the problem, the spending usually is the culprit!

Cruise lines might be losing $$ but I bought Royal Carribean at $22, now it`s $72.
225%
Too bad got cold feet and sold most of it too early:(

Never made a straight stock purchase but almost popped my cherry on that one.

Not being US owned made me nervous.

Not afraid of foreign investments but the covid variables effect on the cruise industry and who would be making the decisions on/for them....., made me nervous.

As in a commahala harris............, and/or pelosi....., attack the rich??

gino burgerFI opened today at $15

fact is a blind guy could have picked any stock back in March and be up 100%, 200%, 1000%.

there are only a handful of stocks that aren’t up YTD.

hindsight is always 20/20. Tesla and some of the big winners pale in comparison in gains versus some of the stocks that aren’t mentioned. Good example is overstock. Could have bought them back in March for $2.50. It peaked at $128. That’s almost 60X!!!!!

coulda woulda shoulda...:throw:

Anyone know what percentage of people investing are only buying individual or multiple stocks vs. being in some form of mutual fund ?

I bought all individual stocks.

I'd bet he is very involved with that, it was a stock swap/buyout but now as a NASDAQ stock it has liquidity. Closed at 15.71 today.......BFI is the symbol.

Opes Acquisition Corp. shareholders on Tuesday approved the purchase of BurgerFi for $100 million in cash and stock, sealing a deal that was first announced in June and making the better-burger brand a publicly traded company.

The new company, renamed BurgerFi International, Inc., will trade on The Nasdaq Stock Market under the ticker symbol BFI. BurgerFi will ring Nasdaq’s opening bell Thursday.

Nearly 100% of Opes’ stockholders approved the deal, the company said.

i do both. ark has a nice mix of funds that is consistently good. cathie woods is the fund manager. only downside is the management fee’s if you have a lot of money vested.

No idea on percentage, but I haven’t owned an individual stock in 15 years. I don’t have that kind of money or the time to pay attention to individual companies. It’s a lot easier in my opinion to pick a category that’s under valued and go with it. I’m sure I can look back and say I would have picked x company and made so much more money but at the time I probably would have bought the wrong company hahaha!

What he said 😉



QUOTE=tmmii;4769564]No idea on percentage, but I haven’t owned an individual stock in 15 years. I don’t have that kind of money or the time to pay attention to individual companies. It’s a lot easier in my opinion to pick a category that’s under valued and go with it. I’m sure I can look back and say I would have picked x company and made so much more money but at the time I probably would have bought the wrong company hahaha![/QUOTE]

Interesting story on the S&P inclusion of TSLA...Monday,Tuesday may be interesting for Mr Market.

https://www.zerohedge.com/markets/mo...t-happens-next

Most of my investments are in mutual funds - been solid 27 ~ 30+ percent returns for past 3 years or so. Very happy with the performance. I'm also with Fidelity (401k, Backdoor Roth, Individual account, IRA, etc). Our company just started allowing the Brokerage Link feature at Fidelity. It allows us to move up to half of your 401k investments and then invest in individual stocks. It has been good for me, as well.

Can I buy into the MACGX fund in my TD account? How

If you have a TD brokerage account you should be able to type MACGX in the search. I have a Fidelity account so I can't tell you exactly.

Kicking my own ass as I bought Penn at $7.xx earlier this year but only a few hundred worth as really it was a crap shoot.

While I have done good it could have been amazing if I had more balls to dump more.

Also grabbed some BFI at open yesterday, see what happens there, def a hold and wait stock.

What is BFI and what do you like about it?