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Post by sd51555 on Aug 21, 2018 10:50:30 GMT -6
The market is hitting the ceiling for all time highs again. I took the opportunity to sell some stuff and re-balanced the old 401k quick. I'm about 18% cash now, and that's where I'd like to be. When the market took a dump back in February and March I moved that cash back into play and scooped up a lotta gains. We're about 3 years overdue for a market correction, and what we had this year was not it. February and March was just giving back the gains from January. It's also been a long time since we had an October crash.
I'm still bullish as hell on stuff, but profit is profit and sometimes a little needs to be taken. My cash guy tells me that cash is also an investment.
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Post by leexrayshady on Aug 21, 2018 14:36:34 GMT -6
Have him listen to the choose fi podcast. Especially this episode the why of fi Do things right starting now, no college loans etc. Save 50 precent of his income He could retire by 35-40. And do anything he wants to do www.choosefi.com/038-the-why-of-fi/
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Post by Sandbur on Aug 22, 2018 6:26:06 GMT -6
MPR This morning says that an aluminum factory in Kentucky has seen an uptake in business since the tariffs. USA businesses are returning orders to them instead of overseas. I thought they said this was the last business of it’s kind in the US and they made parts for airplanes and defense.
We need these critical business es within our country.
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Post by MoBuckChaser on Aug 22, 2018 6:59:10 GMT -6
The market is hitting the ceiling for all time highs again. I took the opportunity to sell some stuff and re-balanced the old 401k quick. I'm about 18% cash now, and that's where I'd like to be. When the market took a dump back in February and March I moved that cash back into play and scooped up a lotta gains. We're about 3 years overdue for a market correction, and what we had this year was not it. February and March was just giving back the gains from January. It's also been a long time since we had an October crash. I'm still bullish as hell on stuff, but profit is profit and sometimes a little needs to be taken. My cash guy tells me that cash is also an investment. I have been Bullish since 1980 when the Dow was 1,800! It has been a hell of a Run!
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Post by sd51555 on Aug 30, 2018 8:18:36 GMT -6
Amazon crushed the deuce this morning.
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Post by Bwoods11 on Aug 30, 2018 8:35:26 GMT -6
That is one stock (Amazon), I always thought was overvalued ...what do I know. I still prefer Apple, and keep buying shares, but someday that has to level off too.
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Post by sd51555 on Aug 30, 2018 8:53:38 GMT -6
That is one stock (Amazon), I always thought was overvalued ...what do I know. I still prefer Apple, and keep buying shares, but someday that has to level off too. I've trimmed it down to about half of what I want to hold. If it rips off $400/share in a blow down, I'd be tickled to buy more back. But for now, I've taken a lot of it off the table.
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Post by Bwoods11 on Sept 4, 2018 8:00:24 GMT -6
Nike is doing an ad campaign with Colin Kaepernick? Why?
--60% of Americans are against the Natl Anthem protests, why would a business do this?
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Post by Bwoods11 on Sept 4, 2018 8:18:34 GMT -6
Nike stock down....I have Under Armour Stock, so I am all for this!!
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Post by Reagan on Sept 4, 2018 8:56:26 GMT -6
Nike is doing an ad campaign with Colin Kaepernick? Why? --60% of Americans are against the Natl Anthem protests, why would a business do this? The company must be run by liberals. As we see on one of the threads here all the time, emotion Trumps good judgement in a liberal’s world.
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Post by MoBuckChaser on Sept 4, 2018 9:04:20 GMT -6
Nike is doing an ad campaign with Colin Kaepernick? Why?--60% of Americans are against the Natl Anthem protests, why would a business do this? Because they ain't selling High Tops to Honky's anymore!
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Post by sd51555 on Sept 4, 2018 9:10:06 GMT -6
Nike is doing an ad campaign with Colin Kaepernick? Why? --60% of Americans are against the Natl Anthem protests, why would a business do this? Young people are the majority audience for Nike. Young people are dumber than shit, and likely identify as anti-American socialists more often than not. This is right up their alley.
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Post by Bwoods11 on Sept 4, 2018 9:24:40 GMT -6
Nike is doing an ad campaign with Colin Kaepernick? Why? --60% of Americans are against the Natl Anthem protests, why would a business do this? Young people are the majority audience for Nike. Young people are dumber than shit, and likely identify as anti-American socialists more often than not. This is right up their alley. Why get involved in politics, poor business decision...
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Post by Freeborn on Sept 5, 2018 11:38:45 GMT -6
Young people are the majority audience for Nike. Young people are dumber than shit, and likely identify as anti-American socialists more often than not. This is right up their alley. Why get involved in politics, poor business decision... Yep, very bad decision. Kids might think this is great but not Parents. My Guess is Nike is going to regret this decision.
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Post by Bwoods11 on Sept 7, 2018 10:14:49 GMT -6
Molson Coors Stock is down again today. It currently trades at 8.7 earnings and has a 2.57% dividend. I think that is undervalued, but ??
Your thoughts? Coors makes a good beer, do you guys drink Coors... see a lot of Coor drinkers?
TAP--$63.63 a share
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