Investing General Discussion

Tmac

Tmac

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One of my people flew into Shrevport today and couldn't get a rental car they reserved. There were 5 people in line and most of them UBER'd to their hotels.
 
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Sanrith Descartes

Sanrith Descartes

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Tmac said:
One of my people flew into Shrevport today and couldn't get a rental car they reserved. There were 5 people in line and most of them UBER'd to their hotels.
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Rental car companies sold off most of their fleets during Covid. And now with cars being hard to get as replacements this is happening all over.
 
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Aldarion

Aldarion

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I'm not doubting covid hastened it but I had the same experience shortly pre covid.

I was like what the fuck, do you not actually understand what the word "reservation" means?

Turns out, they redefined it and I was the one who didnt understand the new meaning
 
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Sanrith Descartes

Sanrith Descartes

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1648577532826.png


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Borzak

Borzak

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Tyler has an airport but I've never known anyone to fly into it or out of it. Either Shreveport or make the drive to Houston which used to be like 2 hours decades ago. But now it's stoplight and speed zone city down 59.
 
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Tmac

Tmac

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Yeah. Shrevport is your best bet when wanting to get into East TX unfortunately.
 
Tmac

Tmac

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My personal account is now only -16%!!!! Thank you PYPL, DOCU, MTTR, and PLTR! To the moon!

Meanwhile my ROTH is +15% and my SEP is +2%, but it's all FTEC.
 
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Sanrith Descartes

Sanrith Descartes

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Tmac said:
My personal account is now only -16%!!!! Thank you PYPL, DOCU, MTTR, and PLTR! To the moon!

Meanwhile my ROTH is +15% and my SEP is +2%, but it's all FTEC.
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All four of those stocks are good. It was the entry price that killed you ;-)
 
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Tmac

Tmac

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Sanrith Descartes said:
All four of those stocks are good. It was the entry price that killed you ;-)
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Yeah, the two major mistakes I made were as follows:
  1. I bought these individual stocks at too big a % of my overall account
  2. I bought them in a taxable account, which totally fks my ability to recover, not bc I "can't sell them", but bc I psychologically I can't bring myself to touch my individual account after I pull the trigger
 
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Sanrith Descartes

Sanrith Descartes

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Tmac said:
Yeah, the two major mistakes I made were as follows:
  1. I bought these individual stocks at too big a % of my overall account
  2. I bought them in a taxable account, which totally fks my ability to recover, not bc I "can't sell them", but bc I psychologically I can't bring myself to touch my individual account after I pull the trigger
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Fear is the mind killer.

Seriously though. They are good stocks. Just don't look at them for a year. Fuck I was -51% on my PYPL. I'm down below minus 40% now. Winning!!
 
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