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Post by kball on Sept 29, 2015 8:32:06 GMT -5
Just celebrated my 1 year anniversary holding this stock. though ive been adding continuously the entire year.
Ave cost about 4.85 now.
Honestly don't feel great, but ive discarded my main investment rule which is to cut losses at 20% of original investment.
A rule btw which almost each time i break, ive regretted rather than benefitted.
so for now i am sticking head in sand/ignoring noise...not sure which.
Ironically, i find myself eating a ton more sugar to help cope.
Go figure
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Post by Chris-C on Sept 29, 2015 10:10:58 GMT -5
That's quite a statement for someone "not trying to make a political statement". The world looks to us for Leadership and stability. Something that has been lacking for a long time from Washington, DC. Both politically and fiscally. I'm not sure we will ever get our equilibrium back unless we all decide to get on the same page which from my view seems very unlikely. So its a statement more than a political statement. You can notice that I didn't mention any person or party.  Perhaps the fact that the country has such a difficult time discerning what is political from what is not reflects the troubled state in which we now find ourselves. I found it interesting and disturbing that the Pope was constantly accused of being political. The right took exception with his calls for attending to poverty and environmental stewardship; while the left beat him up for not taking a more aggressive stand in calling for the ordination of women. But his key messages were humanitarian— entreating people to work together for the common good. Pope Francis also pointed out the inconvenient truth (for many) that there are things in life more important than money. The public outcry against egregious drug price increases convinces me that there are still plenty of people out there who have a moral compass, even if it seems lately to be buried beneath their bills and bank statements. I've been thinking about the current discussion about share price and the arguments that longs are "on the wrong side of the trade" because the stock has been beaten down badly. Most of the successful investors I know got where they are precisely because they were "on the wrong side of the trade" in the early going and refused to follow the herd. Sometimes being on the wrong side of the trade means being on the right side of the investment. Chris C |
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Post by kball on Sept 29, 2015 10:28:06 GMT -5
btw Al's other baby (EYES) also getting creamed last few months.
Waiting to see how this movie ends.
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Post by babaoriley on Sept 29, 2015 10:32:45 GMT -5
"Honestly don't feel great, but ive discarded my main investment rule which is to cut losses at 20% of original investment." What kind of rule is that? Outrageous! Never admit to making a mistake, kball!! Fall in love with all your stocks, that's my rule.  |
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Post by Deleted on Sept 29, 2015 10:58:05 GMT -5
The world looks to us for Leadership and stability. Something that has been lacking for a long time from Washington, DC. Both politically and fiscally. I'm not sure we will ever get our equilibrium back unless we all decide to get on the same page which from my view seems very unlikely. So its a statement more than a political statement. You can notice that I didn't mention any person or party. :) Perhaps the fact that the country has such a difficult time discerning what is political from what is not reflects the troubled state in which we now find ourselves. I found it interesting and disturbing that the Pope was constantly accused of being political. The right took exception with his calls for attending to poverty and environmental stewardship; while the left beat him up for not taking a more aggressive stand in calling for the ordination of women. But his key messages were humanitarian— entreating people to work together for the common good. Pope Francis also pointed out the inconvenient truth (for many) that there are things in life more important than money. The public outcry against egregious drug price increases convinces me that there are still plenty of people out there who have a moral compass, even if it seems lately to be buried beneath their bills and bank statements. I've been thinking about the current discussion about share price and the arguments that longs are "on the wrong side of the trade" because the stock has been beaten down badly. Most of the successful investors I know got where they are precisely because they were "on the wrong side of the trade" in the early going and refused to follow the herd. Sometimes being on the wrong side of the trade means being on the right side of the investment. Chris C "Its the people that are crazy enough to think that they can change the world that do" - Think Different www.youtube.com/watch?v=nmwXdGm89Tk |
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Post by newmnkdinvestor on Sept 29, 2015 11:12:28 GMT -5
That's quite a statement for someone "not trying to make a political statement". . Something that has been lacking for a long time from Washington, DC. Both politically and fiscally. I'm not sure we will ever get our equilibrium back unless we all decide to get on the same page which from my view seems very unlikely. So its a statement more than a political statement. You can notice that I didn't mention any person or party. Have you ever left the US? Most countries hate americans. Two party politics is a broken system. There is no fixing the US. The 1% rule the country. |
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Post by jurystillout on Sept 29, 2015 11:37:11 GMT -5
The world looks to us for Leadership and stability. Something that has been lacking for a long time from Washington, DC. Both politically and fiscally. I'm not sure we will ever get our equilibrium back unless we all decide to get on the same page which from my view seems very unlikely. So its a statement more than a political statement. You can notice that I didn't mention any person or party. Have you ever left the US? Most countries hate americans. Two party politics is a broken system. There is no fixing the US. The 1% rule the country. If you want to be part of those that rule, become the 1%, no other country gives you the opportunity to do this like the US does. |
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Post by dreamboatcruise on Sept 29, 2015 12:01:50 GMT -5
The world looks to us for Leadership and stability. Something that has been lacking for a long time from Washington, DC. Both politically and fiscally. I'm not sure we will ever get our equilibrium back unless we all decide to get on the same page which from my view seems very unlikely. So its a statement more than a political statement. You can notice that I didn't mention any person or party. Have you ever left the US? Most countries hate americans. Two party politics is a broken system. There is no fixing the US. The 1% rule the country. You need to shift the decimal place quite a bit. I'm likely in the 1% because of being in a high paid profession, but I certainly don't rule anything. Try 0.01% or 0.001% rule the country. 1% certainly doesn't make one a hedge fund manager. |
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Post by harrys on Sept 29, 2015 12:07:10 GMT -5
Have you ever left the US? Most countries hate americans. Two party politics is a broken system. There is no fixing the US. The 1% rule the country. If you want to be part of those that rule, become the 1%, no other country gives you the opportunity to do this like the US does. Most who become part of the .01% in this country do so not from rags but from riches passed on by Daddy. I think anyone who aspires to be part of the elusive .01% has some major priority issues ($). I admire those who sought to change the world and in doing so became super rich, but the hedge funders and Wall Street tycoons accrue their wealth by fleecing the pockets of others. I know many affluent Europeans who see the US as an oligarchy and they are 100% correct, the rest of the educated world truly sees a circus when they ponder US politics and I think we all know who the clowns are... |
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Post by babaoriley on Sept 29, 2015 12:27:52 GMT -5
Oligarchy? Huh? harrys, Look at the tremendous diversity in leadership in the last thirty years or so - a Bush, a Clinton, another Bush, and now perhaps another Clinton? Are there really 300 million people here? But it does seem that the third Bush isn't going anywhere near the Presidency, he's too well-behaved. Soon, Chelsea will be old enough to run, and possibly, then, another generation of Bush's. And whatever became of the Kennedy's? Obama does not fit that pattern, and certainly neither does Trump. It's troubling, along with the super rich, and less than super clean, of Wall Street. Unlike most, I don't blame one party or the other, and I certainly don't think either party is going to bring us out of these troubling times. Note the above is completely non-partisan, I just think it's next to impossible job to run any country these days. |
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Post by harrys on Sept 29, 2015 12:46:09 GMT -5
Oligarchy? Huh? harrys, Look at the tremendous diversity in leadership in the last thirty years or so - a Bush, a Clinton, another Bush, and now perhaps another Clinton? Are there really 300 million people here? But it does seem that the third Bush isn't going anywhere near the Presidency, he's too well-behaved. Soon, Chelsea will be old enough to run, and possibly, then, another generation of Bush's. And whatever became of the Kennedy's? Obama does not fit that pattern, and certainly neither does Trump. It's troubling, along with the super rich, and less than super clean, of Wall Street. Unlike most, I don't blame one party or the other, and I certainly don't think either party is going to bring us out of these troubling times. Note the above is completely non-partisan, I just think it's next to impossible job to run any country these days. I was actually referring more to who and what (hint: $) is behind the candidates on both sides, with two exceptions of course. But these big political names are also of worry, don't want dynasties ruling a democracy. I actually do think either party can bring American politics out into the light, it's simple, remove money from politics. Of course by definition the party on the right of the aisle can't do this as they are sworn to protect the rich and their special interests (not that Hilary is gonna get this done either as she's more republican than democrat when it comes to special interests). |
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Post by harryx1 on Sept 29, 2015 13:11:45 GMT -5
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Post by harrys on Sept 29, 2015 13:26:33 GMT -5
It would seem mixed with Republicans in the House and Democrats in the Senate. Not really sure what your point is though, money does not make a person immoral, but lack of morality often makes a person rich. There is no real corollary data that can be mined from this fun fact. In fact playing devils advocate, I could say the opposite of what it would seem you are inferring, the lower average net worth of republicans in the Senate could make them more likely to seek wealth and power through immoral politics... in other words they are more "wanting", but this would not be testable and would just be biased nonsense on my part. |
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Post by newmnkdinvestor on Sept 29, 2015 13:34:53 GMT -5
Have you ever left the US? Most countries hate americans. Two party politics is a broken system. There is no fixing the US. The 1% rule the country. If you want to be part of those that rule, become the 1%, no other country gives you the opportunity to do this like the US does. Agree about the opportunity. My wife and I (in our 30's) do pretty well. For the other posters I am off quite a bit on the 1% but I think you understand my point. The super rich bribe (lobby) the politicians and they make the rules. |
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Post by newmnkdinvestor on Sept 29, 2015 13:37:59 GMT -5
If you want to be part of those that rule, become the 1%, no other country gives you the opportunity to do this like the US does. Most who become part of the .01% in this country do so not from rags but from riches passed on by Daddy. I think anyone who aspires to be part of the elusive .01% has some major priority issues ($). I admire those who sought to change the world and in doing so became super rich, but the hedge funders and Wall Street tycoons accrue their wealth by fleecing the pockets of others. I know many affluent Europeans who see the US as an oligarchy and they are 100% correct, the rest of the educated world truly sees a circus when they ponder US politics and I think we all know who the clowns are... I remember the first time I went to Europe. I was pretty excited to interact with others and learn about their culture. I was shocked at how many people hate America. |
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