Stocks Investing MONEY : Education?!! Pinkys : OTC

Chuck33079 · 10-24-2013, 11:23 AM

Quote:

Originally Posted by NickTurnon

Just looking for long time growth and have a little fun with stocks that shoot up now and then that I can take advantage of

Your two objectives do not mesh well together. Long term growth is buying and holding stocks with solid balance sheets and looking at big picture trends. Trading is buying mispriced stocks and flipping them quickly. Unfortunately, this means you're often buying turds and hoping it jumps. There's a place for both, but I try to keep speculation down to 10% or so of my portfolio. This also means I don't pay a lot of short term cap gains. When you look at after tax returns on a lot of short term trades, did you really make as much as you though you did?

Look into options strategies if you want to gamble. I'd rather do that than own some of the underlying stocks.

Meulen · 10-24-2013, 11:26 AM

Quote:

Originally Posted by NickTurnon

Ya'll are both speaking some sort of gibberish..

Ill do some research and try and figure out what you are saying.

Thank you -

Just looking for long time growth and have a little fun with stocks that shoot up now and then that I can take advantage of

About 90% of your list contained mature companies. More value oriented investing than growth, as long as you got them at a good price!

call/put spreads

Options - Spread

Chuck33079 · 10-24-2013, 11:32 AM

Quote:

Originally Posted by Meulen

About 90% of your list contained mature companies. More value oriented investing than growth, as long as you got them at a good price!

Ain't nothing wrong with that. Actually, buying and holding value that pays a dividend usually beats the day traders over time. There's just nothing sexy in that.

Meulen · 10-24-2013, 11:43 AM

Quote:

Originally Posted by Chuck33079

Ain't nothing wrong with that. Actually, buying and holding value that pays a dividend usually beats the day traders over time. There's just nothing sexy in that.

I agree, if that wasnt' fact I wouldn't have a job! lol ....my point is more that I wasn't sure he was understanding his own objectives.

Just an FYI, personally, I think this is a poor eps season to try and predict. Meaning, I don't think I would try to find companies that would beat or miss #'s. A lot of the estimates out there are stale this quarter. Analyst have been afraid to make many changes because of all the uncertainty with the gov't shutdown and no econ numbers. Releases will probably be eratic and pretty unpredictable. If you want to play some quick trades I would buy and sell companies that beat/miss respectively on the open and flatten positions out during the day.

Chuck33079 · 10-24-2013, 11:45 AM

Quote:

Originally Posted by Meulen

Just an FYI, personally, I think this is a poor eps season to try and predict. Meaning, I don't think I would try to find companies that would beat or miss #'s. A lot of the estimates out there are stale this quarter. Analyst have been afraid to make many changes because of all the uncertainty with the gov't shutdown and no econ numbers. Releases will probably be eratic and pretty unpredictable. If you want to play some quick trades I would buy and sell companies that beat/miss respectively on the open and flatten positions out during the day.

I agree, I was just speaking in general.

NickTurnon · 10-24-2013, 11:47 AM

Quote:

Originally Posted by Meulen

I agree, if that wasnt' fact I wouldn't have a job! lol ....my point is more that I wasn't sure he was understanding his own objectives.

Just an FYI, personally, I think this is a poor eps season to try and predict. Meaning, I don't think I would try to find companies that would beat or miss #'s. A lot of the estimates out there are stale this quarter. Analyst have been afraid to make many changes because of all the uncertainty with the gov't shutdown and no econ numbers. Releases will probably be eratic and pretty unpredictable. If you want to play some quick trades I would buy and sell companies that beat/miss respectively on the open and flatten positions out during the day.

Just like you stated, I wanted to try and build a portfolio with 80-90% of companies that I can hold on to for a long time and not have to worry about.

I was hoping for the rest 10% can be play money/"sexy" money.

Obviously based on what I have stated previously and my lack of knowledge, I am not a day trader by any means. Just following a successful grandpa's suggestions + your guys suggestions.

Chuck33079 · 10-24-2013, 11:54 AM

Quote:

Originally Posted by NickTurnon

Just like you stated, I wanted to try and build a portfolio with 80-90% of companies that I can hold on to for a long time and not have to worry about.

I was hoping for the rest 10% can be play money/"sexy" money.

Obviously based on what I have stated previously and my lack of knowledge, I am not a day trader by any means. Just following a successful grandpa's suggestions + your guys suggestions.

Good deal. A portfolio with 1/4 old companies with solid dividends, 1/4 small/mid cap growth with consistant eps growth and little debt, 1/4 index etfs (since you can't pick all the winners), 1/8 sector ETFs (make your bet on a whole sector, not a individual company) and 1/8 flat out speculative bets should be a solid outperformer for the long haul if you manage it well and take profits when appropriate and rebalance regularly, but may not keep up on a day to day basis.

I'm assuming you're a young guy with 30+ years of investing on the side while you work. If you're close to retirement, what I just suggested is too risky.

Meulen · 10-24-2013, 11:55 AM

"sexy money" thinks the ZNGA Dec 3.5 calls look interesting at .31 in front of eps tonight!

Meulen · 10-24-2013, 11:58 AM

oops! .38

Chuck33079 · 10-24-2013, 12:01 PM

Quote:

Originally Posted by Meulen

oops! .38

Ok, that's what I saw. Let's see if it works.

NickTurnon · 10-24-2013, 12:10 PM

Quote:

Originally Posted by Chuck33079

Good deal. A portfolio with 1/4 old companies with solid dividends, 1/4 small/mid cap growth with consistant eps growth and little debt, 1/4 index etfs (since you can't pick all the winners), 1/8 sector ETFs (make your bet on a whole sector, not a individual company) and 1/8 flat out speculative bets should be a solid outperformer for the long haul if you manage it well and take profits when appropriate and rebalance regularly, but may not keep up on a day to day basis.

I'm assuming you're a young guy with 30+ years of investing on the side while you work. If you're close to retirement, what I just suggested is too risky.

LOL Im 22, with 2 years of investing experience. Ill retire when I am dead

Chuck33079 · 10-24-2013, 12:11 PM

Quote:

Originally Posted by NickTurnon

LOL Im 22, with 2 years of investing experience. Ill retire when I am dead

I meant in the future, not already.

NickTurnon · 10-24-2013, 12:13 PM

Quote:

Originally Posted by Chuck33079

I meant in the future, not already.

Haha, thank you for your advice Chuck - Ill try and stick to that game plan

FB is still on the rise. I remember buying in at $20 and sold out because I was too worried. Now its at $51

Chuck33079 · 10-24-2013, 12:18 PM

Quote:

Originally Posted by NickTurnon

Haha, thank you for your advice Chuck - Ill try and stick to that game plan

FB is still on the rise. I remember buying in at $20 and sold out because I was too worried. Now its at $51

Just have a well diversified portfolio, rebalance it regularly, take profits when appropriate and have your exit point in mind when you buy something so you don't get greedy. Do that and over the long term you'll beat 99% of average investors and 95% of professional money managers.

There's a reason the old guys with billions are buy and hold types.

Meulen · 10-24-2013, 12:27 PM

Quote:

Originally Posted by Chuck33079

Ok, that's what I saw. Let's see if it works.

I know I said I wasn't going to try and predict! lol ! but that is such a CHEAP way to play a possible big move it's rediculous!

10-24-2013, 11:55 AM	#173 (permalink)
Meulen A True Z Fanatic Join Date: Aug 2013 Location: Romeoville, IL Posts: 1,093 Drives: 2010 370z 40th Rep Power: 3390	"sexy money" thinks the ZNGA Dec 3.5 calls look interesting at .31 in front of eps tonight! NickTurnon and Chuck33079 like this. __________________ Follow my build thread here: Meulens Build Journal

10-24-2013, 11:58 AM	#174 (permalink)
Meulen A True Z Fanatic Join Date: Aug 2013 Location: Romeoville, IL Posts: 1,093 Drives: 2010 370z 40th Rep Power: 3390	oops! .38 __________________ Follow my build thread here: Meulens Build Journal

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