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Discussion in 'Coffee House' started by Zynt, Jan 27, 2021.
NAKD is getting crushed. Now I remember why I leave my investing to the experts.
I mean if we're about investing, I'm looking hard at anything classified as "vacation". Cruises, hotels, rental cars, anything to do with getting out of the house once those who want the vaccine have gotten the shot. Carnival should do some numbers.
Funny thing is, on several occasions, I've called out stocks that I thought would fall and if I'd taken short positions I'd have done well. When Apple released basically the same exact phone 2 years in a row and did some other dumb stuff I said I should get in. It fell like 25%.
Alas I truly missed out on "everyone's stuck home, crafting is going to be yuuge" for 2020. Etsy is up 400% yoy.
Here's how I buy stocks. I've been talking to this young lady for a couple of months and we're getting along very well, which is saying a lot because I'm a total stubborn bachelor. We were talking yesterday and I said, "I'm going to buy some stock using your initials." That stock is up almost $2 and I bought 1k shares. So I'll sell tomorrow or Thursday and buy her something fancy.
In other words I have no idea what I'm doing.
So glad I held onto that AMC stock.
Buy Vanguard index funds, then go do something interesting
I like gambling. As for interesting, I've had more fun in my 44 years than any poor southern boy should have ever been allowed.
Yeah, that's why I don't find any sort of day(ish) trading interesting.