Suppose you were to receive a nice rock. What would you do with it?
0 voters
Make it a family heirloom. Save it for the grandkids!!!
On the theory that gold is just a rock, I would put it somewhere safe.
I would pet it.
Fuskie
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re: MKL
BisonJakub,
You didn’t fill out your rap sheet to see what kind of investor or trader with your risk and money management skills you may have.
Do you earn $ 100.00 every 17 minutes - stay tuned. Or $400.00 within an hour of work and done for the day. Then go about hitting a few white pellets on a nice green golf course to relax.
Had a sell signal for MKL on 6/8/22
If I were you to learn how to Tetter Totter. The below should be of some help.
eg. SPXL / SPXS
Sold SPXL on 6/8/22 at $88.02 and then buy the inverse SPXS a minute later at $21.46. SPXS is now at $27.01, a 25.8621 percent increase in profits, and going higher today.
If you are listening to the Piped Pipers at being a HODLer (hang on for dear life), you are in dead trouble, and you got ripped off.
Learn how to read charts and be Swing Trader.
Next look at your 401K’s. IRA’s. Guessing you are down between 30 to 40 percent.
One of my nurses who listens to the advisors of her company’s 401K programs portfolio went from 1.5 million and now is sitting at 300K. OUCH !!!
I suggesed that she open a Roth IRA and now is pursuing the below and exercising her own trades for the past 6 months.
https://discussion.fool.com/losing-value-in-their-wonderful-port…
Let’s pick on SKF (the KBE group) on the list and observe a Genius at work. Place the mouse on 4/20ish at 17.40ish and today it is sitting at 23. NICE profit.
Now, let’s look at the inverse UYG and did you observe when to have sold. The Pied Pipers will NEVER ever ever teach you how to make money, because they are not allowed to other than say “What’s in your wallet” man.
CHARTS DON’T LIE, PEOPLE DO !!!
Something to ponder,
Quillnpenn - a poor church mouse scratching for a living as a Swing Trader for over 45 years.
------------ Vision - Multi-Millionaire…Goal - earn 1.3% - 2.5% compounded Daily per the 2.5 percent theory.
2% theory starts with $1,000.00 or any amount on day one all the way down to day 365 earning over $1.377 million.
2.5% theory, start with $1,000.00 or any amount on day one all the way down to day 365 earning about 8.207 million dollars via the power of compounding compounding.
Create your own spreadsheet.
I am on day 101 with the 2.5% theory and have patience and discipline in waiting and waiting. There are days, I can get 2 or 3 hits within a day or two. Move onto the next batch. On day 159 I will stop and trade 3 stocks over and over at Day 159. The fourth will continue down to day 365. That is in my Business Plan.
where to find the stocks of the day at Barchart dot com, “Five Day Gainers”. (left side) . None today, but if your a person who likes to short stocks, you are sitting in Scrooge Mc Ducks Well, swimming in wealth. I don’t short stocks, too expensive.
Now, if you are an ONLINE Roulette or Baccarat player. (you avoid the electronic machines)
Well, do you make $100.00 every 17 minutes or about $400.00 in an hour. Most idiots jump on the middle numbers with zero money management skills.
With risk and cash management skills, it is not hard at all. Earn 5 - $100.00 and some loose change sessions with a bankroll of $ 915.00 and you’re done for the day (within 24 hours).
I earn about 5-600 every night. $3,850 per week, $15,000 per month, and about $182,500 and change per year. There are times I do lose a couple of bankrolls,
We treat it as doing business.
You say you earn $3850 a week. May I know how much working capital you have to do it with?
I only have little money, so I can trade around more than most people (no tax penalty). Currently trying to mitigate war risks and reduce the number of positions. More in the sense of concentrating into quality, rather than running winners. Not that I know what quality is. It would help if the companies I asked for a paper investor kit would actually send one. Traditional materials are better for my eyes, especially if there is a great deal of fine print. I like nature study, so I do have plenty of magnifying lenses.
I get the feeling this thread will only die when I do, though maybe my heirs will keep it going. I recently realized it is possible to post visuals, so I will get an image of the rock in the hope of entertaining you.
Let me give an example of concentrating into quality. I’ve only made a tiny gain on GEHC. I think I understand what it does and the multiple seems like a relief. I want more. Please tell me if I will be sorry.
How it is done
https:yieldmmaxetfs.com/
Do your homework on how it all works.
Invest at your own risk!
Weeklies
Monthlies
MSTY, CONY, NVDY, TSLY - SGOV
Seekingalpha.com - review dividends.
Pay Day - Every day of the WEEK.
https://www.spencerinvests.com/_files/ugd/ecc518_861b56cb14f64e9b8749ecea30630257.pdf
Because of the holidays this weekend, Group D, as follows, won’t be paid until Monday (7/7/2025) of next week.
Otherwise, Fridays are payday for all four groups
Owning an average of 18 to 19 stocks per Groups A-B-C -D.
Compound the divvies every Friday..Tally up all the dollars and divide by 18 or 19 stocks minus the above monthly all-star stock done last. ex MSTY, which is compounded separately from the group.. ex 1000 divide by 18 = $ 55.56.
Group D
YMAX -w
YMAG -w
AIYY - m
AMZY - m
APLY - m
DISO - m
LFGY - w
MSTY - m
QDTE - w
QQQY - w
RDTE -w
SMCY - m
ULTY - w
WDTE -w
XDTE -w
YBTC -w
YQQQ -m
XYZY - m
IMST -m
Keep an eye on MSTY.
re: Compounding
ex-YMAX price is 13.61, you can only buy 2.6 shares, rounding back to just 2 shares, not to exceed $55.56.
Stir, rinse, repeat for all the rest of the stocks in the group.
Now, if any money is left over that is less than $1,000.00 will then be tacked on to the allstar stock (MSTY) to buy a few more shares.
Create a spreadsheet with 5 columns. Group - current price (13.61) - shares (2.6) - purchased @ dollar amt (26.79) - Bought shares. (2).
BisonJakub ,
My bad, the Current price ($ 13.61) is the divvie received.
Quill
Hi Q! Do you just do this because the Continuum has gotten too boring? I guess if you want to manipulate the market there is nothing the SEC can do to stop you. I’m impressed.
Anyway, I think I may set up a shadow portfolio, and try out your ideas. I do not believe I will simply start typing four letter words into my brokerage without knowing anything. As I believe you said, this will probably take some close study. Anyway, I have an exploding case of prostate cancer in the family as well as a live threat of a child abduction on a property in Poland. If you can snap your fingers and help, I’d much appreciate it and go dig up some Sarmatic artefacts with you.
Otherwise, I may need to avoid market activity for weeks or even months at a time. I’m going to look up CDs on Investopedia. But if you or anybody else wants to make recommendations for specific CDs or issuers, or point the way to Fool resources on CDs, I’d be much obliged.
BisonJakub ,
Question: Are you a Swing Trader, Options trader, or a Holder (person who hangs on for dear life)?
CDs are a waste of time.
Attached is a few charts that 6th graders use for Swing Trading as well as collecting a divvie check every month.
Simple rules: Buy at the Green bar and then Sell when the Red bar appears.
If a 6th grader can do WHY can’t you make MORE money than holding CDs for a long time?
The power of compounding works every time.
SGOV - I own
BIL, USFR,TFLO,IEI,IEF, FLTR , HYG -I own.,
I would suggest that you paper trade the above stocks vs the CDs you are looking at.
Enjoy the journey and see ya around the campus.
Quill - a poor church mouse scratching for a living as a Swing Trader for over 48 years and an Investor for over 60 + years.
Read the below at your leisure
https://discussion.fool.com/t/simon-sez-iii-in-review/90365
https://discussion.fool.com/t/the-simple-simon-trading-method/81577
https://discussion.fool.com/t/swing-trading-with-simon-sez-co/106905
Many factors call into question my capability to actually access my investment account at will. I am not even going to try to describe them.
But if such factors allow, I will shortly read the links you have provided. Happy Independence Day and thank you for your time.
That was elliptic. But I am trying to protect reputations. When my mother was going through mesothelioma, I could not do anything on my computer for at least a month. It would turn on, but all I could do was move the cursor. It goes without saying I couldn’t fix it. But my father, who calibrated some of the most complex scientific instruments ever created could not do so either. Only a personal visit from Microsoft’s head of consumer online security operations resolved the matter. Do not get your hopes up. They do not make house calls. He happened to be a personal friend, and he was in town due to the burgeoning cancer crisis and wanting some information out of me, which I was pleased to share with him anyway.
To answer your other question, I have no intention of locking my money into long term CDs. But they are something that could preserve capital in the short term if a huge crash will occur soon and I do not find myself competent to navigate it (it could be solely on the basis of health or lacking the time).
I don’t even have time to find the reference, but what was that?! 3 billion passwords stolen or some such. I’m just doing this to protect my father. There is nothing in it for me but disgrace. Something will go wrong regardless of general market conditions.
Thanks for responding, Q. It may be a while until I implement your swing trade and Simon Sez ideas. But they seem great. One of the reasons I hesitate is that I like the way I am lined up right now (modulo some dogs awaiting sale). Does the kind of content Harry Dent publishes, adumbrating a 90% crash, pertain to something that could happen in a single trading day, or are we talking about a multi-year process?
