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brianhos

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Up Up Up! I am now ahead of Dec 31 2019. Still in utter disbelief. Ohh well, this is good I guess.
 

BCClone

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Not exactly sure.
Wild ride, brother, one wild ride lately.

Got busy and did not buy back my apple stock when it dropped to the 260s. Well a little cash won't kill me; although I'm nervous to buy anything due to where we are overall.
 

BCClone

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Not exactly sure.
Just realized that one stock that I would buy 20 shares of, then a day or two later sell when it went up a buck or so to just have a little fun and make a free lunch is not the company I thought I was dealing with. Have probably done this 4 times with this stock. Glad I didn’t get burnt on it.
 

ArgentCy

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Jan 13, 2010
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Just realized that one stock that I would buy 20 shares of, then a day or two later sell when it went up a buck or so to just have a little fun and make a free lunch is not the company I thought I was dealing with. Have probably done this 4 times with this stock. Glad I didn’t get burnt on it.

Caution, coffee is served very hot. Especially dangerous if it is from China.
 

ArgentCy

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This is still very worrisome. There is no way that only 5 of 500 companies should represent 20% of the "market". The simple fact that we've passed the 2000 bubble in this regard should be a giveaway.

market%20cap%20concentration%20highest%20ever.jpg
 

BCClone

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Not exactly sure.
I braced myself yesterday but it wasn't as bad as many.


What are some thoughts for potential out there?

If you have time, until the end of the year of maybe end of first quarter next year, Marriott has a lot of room to come back and has started to perk up. Looks to have the most promise of the hotel chains out there. Even gives you a sliver of a dividend where others don't.
 

bos

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A bit off topic, but do any of you use a CFP? Is it worth it?
 

brianhos

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A bit off topic, but do any of you use a CFP? Is it worth it?

I did, and then got rid of them.

Now for long term I just buy low cost admiral share funds from vanguard every 2 weeks, and am clobbering my planner because of the fee structure. I had some fee based planners look into what I was doing to see what they suggested, and they passed on it, and said I was doing good.

I have very few individual stocks in my portfolio, I just don't have the time to research and keep up.
 
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bos

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I did, and then got rid of them.

Now for long term I just buy low cost admiral share funds from vanguard every 2 weeks, and am clobbering my planner because of the fee structure. I had some fee based planners look into what I was doing to see what they suggested, and they passed on it, and said I was doing good.

I have very few individual stocks in my portfolio, I just don't have the time to research and keep up.

Kind of what I thought. Was curious to see where I stand and what recs they may give. My biggest concern right now is tax liabilities and Roth limitations which a CFP may not legally be able to answer. Might need a tax pro for.
 

brianhos

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Kind of what I thought. Was curious to see where I stand and what recs they may give. My biggest concern right now is tax liabilities and Roth limitations which a CFP may not legally be able to answer. Might need a tax pro for.

I ask those to my tax guy, he does not talk about the investments, but rather putting $$ in and taking it out.
 

brianhos

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Yeah I'm doing pretty well today so a kick in the nuts has to be coming soon.

Nut kick never came. Buy Buy Buy!!! I feel like I should be just tossing the rest of the cash I have in, which means I should probably not. There is going to be a lot of really bad financial news coming out for the next 6 months. My company reported today and the numbers were HUGE, but it was Q1, and most people did not shelter in place until the last 2 weeks of the Q.
 

BCClone

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Not exactly sure.
I eyed 25k as a ceiling. We are about there. I feel skittish, but my individual stocks were beat harder than the djia. So I feel I have some value stocks.