All things STOCKS

[tn4elvis]

Now at $409 and change. Up over 87% in the last 30 days.

I wish I would have cleared some more capital and got in sooner than I did. Still a great ride

 

[TVOLS]

AMD is my big gainer I’m in at average $3.43 years ago up over 12,000% gain. Had I only invested a little more at the time and not sold so much here and there over the years. I’d probably be considering leaving the work force right about now.

 

[YankeeVol]

AMD is my big gainer I’m in at average $3.43 years ago up over 12,000% gain. Had I only invested a little more at the time and not sold so much here and there over the years. I’d probably be considering leaving the work force right about now.

That's how I feel about COF. I'm in at $1.80 but only have 100 shares

 

[walkenvol]

For those of you who’ve been in the investment game for 30-40+years, how long does it take to quit being a bit amazed at a day like yesterday where your on paper gain is more than than you were planning to pull out to spend for the year? I’ve spent my whole life working, raising a family, and stretching our dollars to allow us to live a lifestyle we were comfortable with. Now that the “compound interest” effect is happening on a significantly larger sum vs 20 years ago the dollars gained seem crazy. Gotta be a correction around the corner sometime or everyone who’s tried is going to be multi millionaires.

 

[Firebirdparts]

For those of you who’ve been in the investment game for 30-40+years, how long does it take to quit being a bit amazed at a day like yesterday where your on paper gain is more than than you were planning to pull out to spend for the year? I’ve spent my whole life working, raising a family, and stretching our dollars to allow us to live a lifestyle we were comfortable with. Now that the “compound interest” effect is happening on a significantly larger sum vs 20 years ago the dollars gained seem crazy. Gotta be a correction around the corner sometime or everyone who’s tried is going to be multi millionaires.

I don't know, but a game people play is this: The most you can ever spend on a car is the maximum your portfolio went up in one day. So once in a while you'll get an increase to that number. You don't have to buy a car right then, of course. It's just a mental game. You do have to buy a seafood tower right then, though. Clearly that's required.

Eventually I guess you move on from cars to airplanes, but I really just am at the cars level myself.

Stocks are sky high, that is true, but the earnings are there for now. There are always corrections, so we'll have one, but you just never know if it's going to be a correction from a much higher point.

 

[JFreak]

For those of you who’ve been in the investment game for 30-40+years, how long does it take to quit being a bit amazed at a day like yesterday where your on paper gain is more than than you were planning to pull out to spend for the year? I’ve spent my whole life working, raising a family, and stretching our dollars to allow us to live a lifestyle we were comfortable with. Now that the “compound interest” effect is happening on a significantly larger sum vs 20 years ago the dollars gained seem crazy. Gotta be a correction around the corner sometime or everyone who’s tried is going to be multi millionaires.

The key there is to stop lifestyle inflation from spiraling out of control. A little lifestyle inflation is fine, but it can get excessive quickly.

I think the much harder mental struggle is large red days/weeks/months. Watching a significant portion of your net worth "dissolve" can be mentally draining. I've found that working to remind myself of the big picture tends to help.