Search results

  1. Gravel

    Investing General Discussion

    Yeah, I strongly considered it as the returns on it seemed to be really strong over the last decade. I was always a bit hesitant though as I heard horror stories about bad tenants (and the answer was always to vet them strongly!). I don't have to fuck around with that with equities. My laziness...
  2. Gravel

    Investing General Discussion

    It was like $2 before the pump and dump. They also diluted their shares massively by adding 44 million (or will, not sure if it's gone through). Despite news that theaters are opening again...who the fuck wants to go to a theater anymore?
  3. Gravel

    Investing General Discussion

    I mean, I hate each of the FAANG companies for everything they stand for, but I also love money.
  4. Gravel

    Investing General Discussion

    I always point people to JLCollins for index investing. You could buy the book he wrote instead, but it's identical information. It's very short "articles" that explain why you should index. Read as much or as little as you want. Can probably get through the whole thing in a couple hours...
  5. Gravel

    Investing General Discussion

    Once again, I want to point out the...hypocrisy? Or I guess just unevenness in my feelings about these companies. My portfolio is over 6% Amazon and Google (thanks to their massive market share). I'm up several times more than I lost on AMC in just the last 15 minutes, but it doesn't feel like...
  6. Gravel

    Investing General Discussion

    Holy crap.
  7. Gravel

    Investing General Discussion

    So he's already down 5% in like 10 minutes?
  8. Gravel

    Investing General Discussion

    How'd you know? Edit: Oh, I guess it was expected that it'd crash land?
  9. Gravel

    Investing General Discussion

    This guy with the next level thinking. The bots are the ones telling you to buy, buy, buy, so Wall Street can slowly bleed them dry.
  10. Gravel

    Investing General Discussion

    "Anything I don't like is an attack." Or, it's your WSB bros "paper handing" you so they're not stuck holding the bag. Edit: Also, anyone who's not all in on "diamond hands" is a bot.
  11. Gravel

    Investing General Discussion

    I will say it's satisfying getting out near a high today ($8.34). I missed the bump an hour earlier hoping it'd at least hit $9. It's been even worse the rest of the day so far.
  12. Gravel

    Investing General Discussion

    Also, at this point, I think most of the people who are still in the green have likely sold off. The only ones left are the ones that got in at $200+ and are begging people to hold in the hopes they don't lose their ass.
  13. Gravel

    Investing General Discussion

    I just got greedy. My original "exit" was getting a 100% return. Then Thursday happened and I was like, well maybe AMC hits $20 again. It didn't, so I had a limit sell for just above my break even point. I should've seen the writing on the wall yesterday and got out with a 5-10% loss. Then...
  14. Gravel

    Investing General Discussion

    Speaking of, this whole ordeal got me to actually read WSB for the first time (I never really read anything there). Shit like that guy trying to figure out how to accept physical barrels of oil was fucking hilarious.
  15. Gravel

    Investing General Discussion

    Nah, I'm buy and hold the total market. Always have been. It was definitely an interesting week though. I learned a lot. I've mentioned before I have a finance degree, but I don't work in anything really "finance" related. It also made my days fly by as I was constantly reading and watching...
  16. Gravel

    Investing General Discussion

    Alright, I'm out. -$491.58 on a $1000 buy. Fuck a bunch of that.
  17. Gravel

    Investing General Discussion

    Fucking meme stock won't even get back to my 50% number. Keeps going right under. At this point I may just say fuck it and hold (and yes, the difference between losing $501 of $1000 vs $499 is completely insignificant, but I want it!). On the plus side, the broader market is crushing it this...
  18. Gravel

    Investing General Discussion

    Sadly, I'm excited to maybe get out of this AMC position down 50%. I still blame Robinhood for being shit and pushing my order out so far. Should've been in somewhere between $8-12, but ended up at $16.50.
  19. Gravel

    Investing General Discussion

  20. Gravel

    Investing General Discussion

    I mean, people shouldn't listen to Mark Cuban anyway. Similar to DeepFuckingValue and people saying "if he's in, I'm in." Uh, he cashed out millions already. He's in a significantly different financial situation than you. If Mark Cuban throws a million into it and loses it all, he's still...
  21. Gravel

    Investing General Discussion

    I don't know how you all do this day trading shit. I'm down like $250. And it's stressing me the fuck out. Not even talking about how insignificant that is to my net worth, I make just over $50/hr. There's no reason I should care about this. I'm hoping to get out of this even, but if not...
  22. Gravel

    Investing General Discussion

    AMC down into the toilet after hours. Geez. Below $12.
  23. Gravel

    Investing General Discussion

    And if not this Friday, surely next Friday. Unless it's not, then it'll probably be the following Friday.
  24. Gravel

    Investing General Discussion

    Not sure that's founded in reality. Also doesn't help when AMC issued 22 44 million new shares last week.
  25. Gravel

    Investing General Discussion

    I think people are starting to panic that they've been sold a lie, and they want the price jacked up to cover their losses, while still shouting about how "oh, I'm definitely diamond hands on this!" I could be wrong and maybe there are still uncovered shorts, but my gut says this ride is over.
  26. Gravel

    Investing General Discussion

    I'm more surprised they've been holding steady in price all day. You really figured they'd either pop high or low. Not just stay in that weird overvalued and not at all realistic, but also not moon.
  27. Gravel

    Investing General Discussion

    Feel like I lost my opportunity to get out of AMC in the green. Resistance at $16 is too high.
  28. Gravel

    Investing General Discussion

    Ouch. Wife of Plotkin, the hedge fund manager for Melvin, filed for divorce.
  29. Gravel

    Investing General Discussion

    Haha, I was thinking the same thing. 10% in a year is good. 2-300% in a week? Yeah, I guess that's just okay as a consolation prize.
  30. Gravel

    Home buying thread

    So the wife and I are hoping to be in the Florida panhandle in the next few months (been saying this for a while though and the job prospects haven't worked out). We'll be renting for a while, but the plan is to buy as soon as we get a better feel for the areas. I have two options that I'm...
  31. Gravel

    Investing General Discussion

    Was thinking I kind of hope this meme stock thing depresses the overall market for the next couple weeks (at least this week, as most of our automatic deposits come at the end of this week). We're about 7% off our retirement number, assuming we clear what Zillow says our house is worth when we...
  32. Gravel

    Investing General Discussion

    Was telling my wife yesterday I'm astounded at the amount of posts by poor people that are up anywhere between $50k-2M. Like, dude...are you fucking retarded? Now granted, some of these may be faked, but still. I suppose that's how they got there though, because the common sense is lacking. If...
  33. Gravel

    Investing General Discussion

    Yeah, said this the other day. What, do people think everyone else on Wall Street can't read WSB? Even if you may hurt Melvin (and I'm getting skeptical that even that will happen; they've probably covered their losses as this thing has fluctuated), the other players are going to make a massive...
  34. Gravel

    Investing General Discussion

    Right, but where do you sell physical silver? Especially in coin form.
  35. Gravel

    WandaVision

    Speaking of, I was kind of surprised no one commented on the commercials in the "outside world." Like, the one came up, but they just kind of ignored it like it was an actual commercial break. Seems kind of weird that they wouldn't at least be like "weird, a Stark ad?"
  36. Gravel

    Investing General Discussion

    So this may be an odd question, but a long time ago my wife worked at a bank and they allowed their tellers to exchange coins. We've got 179 pre-1965 quarters, which is about 32 oz of silver. If silver does spike, what the fuck should I do with them? They've just been sitting in a box that...
  37. Gravel

    Investing General Discussion

    Good stuff here...
  38. Gravel

    Investing General Discussion

    The WSB comments fucking kill me sometimes. I may stick around just to laugh at this shit.
  39. Gravel

    WandaVision

    This. And at the end I was like, "what the fuck, it's over already?" These are some seriously short episodes.
  40. Gravel

    Investing General Discussion

    There will never be data to back it up. The hedge funds aren't going to tell us what they're doing. That's what I was asking if there's any reason not to believe it's possible. I'm of the mind that a hedge fund manager with billions in assets and the advantage of having WSB being publicly...