Karaoke Forums

Has anyone noticed the rollercoaster ride this week?....

Better yet, has anyone been able to succesfully predict/time the ups/downs?

Last week was a nice ramp up in the foreign markets all week, but this week is been a day-to-day whoop d whoop for all the ETF's that I monitor....huge gains and losses, but it's been just too fast for me to know when to jump in.

Anyone here in the game?...If so, are you playing the ETF's or just particular stocks?

I jumped out my favorite foreign ETF's a little to soon last Friday and hid in gov securities all this week, but I'm itchy to get back in cept everything is bucking like a wild bronco....Small caps, the DOW, AND the foreign stuff is all crazy with each posting large gains one day, then diving the next....

Who's got the rhythm down and where are you betting your bucks?

My only investment at all......... is the occasional PowerBall ticket, or scratch-it.  LOL

Sorry, I'm no help.

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♥ Laugh your heart out, dance in the rain. Cherish the memories, ignore the pain. Love and learn, forget and forgive. Because you only have one life to live. ♥

I tried the lottery last week....I only missed it by 6 numbers!

Gurl, you better get in the game while you are young...save up 500 bucks, buy into an online brokerage and try some trading....

Hah, right. If I save up $500, I'm going to try to get some decent speakers. Who needs stocks when I have more music equipment I want to buy?  :shock:

Tell ya what........ just remember me in your will...... leave me enough to get by on.... the "good stuff" that's gonna keep rising...... and I'll be good to go.  :wave:

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♥ Laugh your heart out, dance in the rain. Cherish the memories, ignore the pain. Love and learn, forget and forgive. Because you only have one life to live. ♥

Well, seeing how I'm presently single, and all I have is one son who I tend to starve into self-made-man status, then I just might leave you something....But you gotta kill me to get it....And you gotta do it in a way that is legal

...So please hurt me ...hurt me bad.

This is the problem I have Keith. Example:  I was AOL video poker champ 9 years ago but there was a huge difference between that, and real life.. I had NOTHING to lose playing AOL video poker, so I had no invested interest to protect taking larger than real-life risks.  

You did the best you could Keith, when you jumped out; As they say, "hind-sight is always 20/20", but when riding this broncho of a tumultuous period of trading one would need to be so fast, and PLUS a person would need to stay glued to wall street, yet still take high risks even with a sufficient financial background.  For this reason I personally stay in the realm of moderate risk and more stable mutual funds, higher interest I-Bonds, etc... Yet I commend you doing what you are doing because not all have a relative that does this for them they trust.. My mom is fascinated in this stuff, and she's clever.. Yet she recognizes too that sitting glued to the stock market isn't for everyone, in this case she know's my father isn't into higher risk taking stocks, so he opts for lower yielding more steady growth funds.. In my case, I'm interested to a point, yet I've never had a real interest in gambling..

In play however, I have taken double or nothing odd's, and in play I became quite rich.  In real I'm conservative, as a result, being wealthy "in real" will likely not come to fruition in my particular case.  Play is "moot".

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Northeast United States runner up for the "Singing Hall of Shame".

Sounds like I need to meet your Mom....Is she cute?

Steven,.....dance like nobody is looking, and gamble like you have nuthin to lose...They are JUST women, and it is ONLY money.

One of these days I'm going to get you on a bucking horse...and once you survive it, I won't be able to keep you off.

Looking daily at your stocks/funds/EFT's will send you early to your grave. Diversify your portfolio in order to avoid weekly bull/bear markets. If you can't handle the risk, look for lower volitile options.

Impossible

Short-term investing is a dangerous game to play. My portfolio was all over the place, but I still ended up positive.

and funds for diversification.

Exactly my point. The Asian markets are a good place to stay, I wouldn't put too much in the Latin market now. If you are afraid of loosing, take the money out and put it in a MM fund. You can still get a 4.6% return.

For the first part, no, where do I put my money, everywhere from TSP's to REIT's.

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Money is better than poverty, if only for financial reasons.

Unitl you end up without a shirt on your back.
That is very degrading to women and unacceptable to speak like that.
Until you have nothing, then you wish you had some.

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Money is better than poverty, if only for financial reasons.

Keith, I also partied like there was no tomorrow.. I'd be dead if my all/none obsessional pattern didn't end.  While dancing like noone's looking IS a good idea, the "just money", and "only women" theory can work (in real) if you can physically and emotionally deal with being without..

Thing is,  some can answer the question to anticipatory anxiety, and reluctance of "but what if", with "so what if", or, "It's only life" don't take it so seriously...etc..

At some point if we decide, "I want to live comfortably", we have to either truly be comfortable being able to live equally comfortably in lavish, and slummy street conditions alike.. in order NOT to modify the concept "it's only money"... because it's only money til you don't need it for comfort or security.  Few of us are that adaptable to take risks that aren't calculated.

JMO..

As to "they are just women",  I suppose.. Yet I'm tired of being the center of my own universe too, because I'm just an "emotional drain" on me  LMAO ..

All or none doesn't work for me. I can't see clearly that way.


.

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Northeast United States runner up for the "Singing Hall of Shame".

Timing the market is pretty much luck unless you have inside info-- then its illegal.  

ETFs - I'm only in one -- XLE -- energy which has been jumpy but has gone up since I got in.

Rest is in stocks-- blue chips and few techs (QCOM has been on a tear since last year).  Some higher divi stocks.  One REIT, one Royalty trust (both high divi's - 17% and 12% respectively)   A few exchange traded corp bonds - ~6% return each

market has been generally up over past month or so-- I think dow was at 11300 or so today.

I think I missed the boat on fgn stocks.

I wouldn't jump around too much -- but its your money and if you've been able to day-trade with success go for it.  

A word of advice for those of you who say your not investing.  Put "something" away.  As much as you can, somewhere.  The earlier and more you save, the more you'll have later in life.  No amount is too small to start saving.  

wait-- I thought this was a karaoke board-- shouldn't investing stuff be on something like yahoo finance???  8-)

Absolutely not.  LOL,  this is an "almost anything goes" discussion forum, and as musicians, and artists, some of us aren't exactly 6-digit incomes.  I think an "investment thread" is a FABULOUS thread to have, considering the vast majority of the threads are just inanity, and fun.  While I feel debating volatile issues is a source of upset to too many, a level headed "investment thread" I feel is a great idea. Will the fun-loving heckler's stay out've this thread ?  OF course not, but why should they need to  It's all a part of life that need not be omitted from a "just about any topic is fair game" discussion area IMO.  What's more, EVERYONE learns something, and benefits in some way.. How can that be wrong ?  Sure not all others say will be factual, yet is the tech forum 100% accurate ?

ADDED IN:

I'll share some of what I have in my portfolio within a few days, yet truth be known, returns have been quite depressing. It really isn't the best time to stare too hard short-term at what's happening in mutual funds... A few of my stocks have been declared bankrupt... Other "healthcare sector" areas are slower growth, yet more secure, and there's no liquidity. I transferred recently into a few Corporate Bonds, IE... 5 months ago I put a significant sum into John Hancock Life Ins.

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Northeast United States runner up for the "Singing Hall of Shame".

I believe last time I looked the yield on the JH Corp bond was about 8%, and I think this was as of last month. On the January statement.  Yet 8% today is spectacular, It's not like around 1982 when Bull & Bear yielded over 20%, and locking a sum of money at 10% divident return could make "X sum of money" a millionaire by age 50.... Believe me,  we wished things stayed that stable...Some of us banked on that too... Things were great in the early early 1980's..




I personally know of no other way than this type concept. Reason being, some of us DO have a tendency to beat ourselves over choices we DIDN'T MAKE.. rather than accept mistakes...I am one who will be heard saying "If only I"....etc. Rather than saying "It's all apart of the game"..  Same reason I can't golf.. It's a critical process that requires one to not be overly hard on themselves.. Yet in the case of Golf, the real loss and gain is just emotional...Even that however, is too much for a person like me who can't deal with one bad hole out've 18, ruining the overall score...

Some of us just aren't that tough... Trading is an area that requires BOTH knowledge, AND a certain mindset as well. I'm not too stable in this unstable area  LMAO ..  It's tough, and if you play with an amount you can afford I suppose, it's even fun.. In that respect, it takes money to make it.... Otherwise you LOSE BIG...

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Northeast United States runner up for the "Singing Hall of Shame".

I used to do a lot of options trading back in 99-00 range and made tons of money on high tech options. Enough to pay for a BMW in cash. Then the market crashed I came down to nothing but I still have the car so I was ahead.

I tried to get back in to trading and I took a total loss. I made one mistake of buying options that expired that month and market crashed and recovered after the options came due. So, I learned my lessons. First, I need to buy options for the next month at highest cost but lower risk. Second, NEVER get back in to that. I did buy some high tech stock that I know will go up in long term with my IRA account, only a few hundred each so I hope that pays out.

Other than that, I am playing online poker to make money. So far, I am $8 ahead, a lot more than stock market.

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Seize the day and SING!!!

, Sorry Eben, I'm not laughing at you, I'm laughing because I hear this all too often. I know of no way to get decent returns while having your principle liquid. Without significant risk. You simply would need to lock a principle into a mutual fund, bond, MM, etc.. Not necessarily poker of course,  yet in the case of a few of my relatives for instance, Artwork that appreciates, or a collectibles market that will likely (meaning historically has~ and this is never carved in stone either of course) just certain items that appreciate have done so at a faster and more stable rate than todays market... Here's an example.. I collect vintage wooden musical instruments, and was Reading an Article by George Gruhn who is in the vintage guitar market... I know for a fact, that the rate a few of my guitars have appreciated (although of course not liquid assets) has been MUCH higher than the stock market, meaning it's a fair assumption that even at the selling end of the market, I can turn around and part with an item that has appreciated in value sometimes more than 3X the initial cost, and WILL almost always bring me at least 2X the initial cost should I need fast cash, yet pathetically that increase is over a 20 year period, interest rates are just that lousy today on principle sums not wisely invested in a decent yielding bond, or Mutual Fund...  Sometimes dividend returns, and crappy interest rates on a principle make it more advantageous to "get a hobby". Collect something that appreciates,  and isn't taxed either  LOL.  Otherwise we do end up in essence "gambling". Which get's tough because of psychological aspects.. It's tough to see clearly in a mirky area besides..

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Northeast United States runner up for the "Singing Hall of Shame".

I wonder for a person that has 5 or 10K to lock up for awhile if I-bonds aren't a bad idea today.

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Northeast United States runner up for the "Singing Hall of Shame".

I knew there was an interest here in investing...and that probably folks would share ideas and opinions on it....Thanks, keep it coming.

I-Bonds?...I dunno...sounds like they are worth a look tho....I'll take a look and get back to you.

Are you talking about gov backed inflation bonds?.....Those I-bonds?...I had to google it cause I never heard them called that.

If so Steven, there ain't no way!...That's where I hide now a day or week at a time when the market is acting stupid.....I jumped in them last Friday afternoon once the market closed and have been sitting there so far this week.

They historically pay a penney per share per week....But, they never lose....Right now they always pay that penney on Monday unless it's a federal holiday then it is Tuesday....Then you sit there the rest of the week with no gains....Yeah, over ten years you will earn enuff to keep up with inflation, but that's all....I jump in I-bonds on Friday afternoon only when the market is unpredictable-at least I'll get my penney/share come Monday morning that way....The rest of the week I want my money out there riding the upslope if there is one to be had.

So far the last few years, the I bonds have returned 4.5-5.5%.....Whereas small caps and foreign funds were doing 25-40%.....Those I-bonds are for guys who want to slumber and wake up safe but no farther ahead.

You are a master at the keyboard...I love the way you talk.

Steven, trust me...I always keep a safe reserve-Both emotionally and $$-wise....It's the other half that I love to risk!....I like the rollcoaster ride.

I have a 401k and I invest in some stuff there..But those are funds...Fairly safe I guess...

Tell me anyone...If I go to one of those online brokerage places, does it teach you what to do???

How do I learn what all this stuff means??

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Will sing or fish for food!!I'm not quite right!!