Chad, I'm the "tip". I do my own research. I'm definitely not a day trader. I'm very conservative in our retirement accounts, but fairly aggressive in our taxable brokerage one.For those buying stock on “tips”. Set a price you’d be happy to get out at and if it hits that price get out. Take your profit. Who cares if it keeps going up. These sorts of stocks tend to be more volatile and what goes up must come down. Unless you actually day trade, sitting and watching it 6 hours a day, you’re not likely to do a great job timing it and may lose a lot on the down turn.
I often spoke with Sherrel about this. Set your target for profit you’re happy with and stick to it. It does t matter if it keeps going up.
I did this this week with TQQQ (a highly leveraged index fund). It’s quite volatile due to leverage and I had. Priced it goes up and down quickly. It’s not a buy and hold type thing (and most boutique fancy stocks aren’t either). So I sold the 35 shares we had in our self directed 401k account with $9xx profit. I’d already seen it get to that level once before and then dive down to a big loss and then go back up. I’d rather take the close to 50% profit and go do something else. I can get more TQQQ on the next downturn.
I had bought some shares in the Nikola electric truck company. Not a lot but a few hundred $$$. I should have gotten out when it was up a bit but it’s now basically $0.
In other news. Another blue and hazy sky with lots of sun. Though there are some clouds and it appears a breeze based on trees I see through the window. It’s already 87F and with the sun I’ll walk tonight like I did the last two nights. Last two nights it was about 80F plus or minus a degree or two when I walked but no sun beating down.
I like to walk in the morning but need to do better at getting up. We all need to go to bed earlier. It’s a problem here.
For those buying stock on “tips”. Set a price you’d be happy to get out at and if it hits that price get out. Take your profit. Who cares if it keeps going up. These sorts of stocks tend to be more volatile and what goes up must come down. Unless you actually day trade, sitting and watching it 6 hours a day, you’re not likely to do a great job timing it and may lose a lot on the down turn.
I often spoke with Sherrel about this. Set your target for profit you’re happy with and stick to it. It does t matter if it keeps going up.
I did this this week with TQQQ (a highly leveraged index fund). It’s quite volatile due to leverage and I had. Priced it goes up and down quickly. It’s not a buy and hold type thing (and most boutique fancy stocks aren’t either). So I sold the 35 shares we had in our self directed 401k account with $9xx profit. I’d already seen it get to that level once before and then dive down to a big loss and then go back up. I’d rather take the close to 50% profit and go do something else. I can get more TQQQ on the next downturn.
I had bought some shares in the Nikola electric truck company. Not a lot but a few hundred $$$. I should have gotten out when it was up a bit but it’s now basically $0.
I am in the "buy and hold" camp. I presently own just three stocks, all bought in the last year. Previously I just dealt with ETF's and mutual funds. Advanced Micro Devices (AMD), while down most of the beginning of the year, is up 18% from where I bought it. Nvidia (NVDA) is up 58% in that same one year period, but my crown jewel is Palantir (PLTR) which is up 300% in just 10 months. I have no target price for selling any of these, and really don't have any clue if and when I might. Since all are in a brokerage account within one of my retirement IRA's, it is causing my RMD this year to increase. The RMD is coming from the cash portion.Chad, I'm the "tip". I do my own research. I'm definitely not a day trader. I'm very conservative in our retirement accounts, but fairly aggressive in our taxable brokerage one.
As they move up I just move my stop loss up. There's nothing wrong with buying and holding "good" companies even if they are as you call them "boutique". Amazon would fall under "boutique" when it first went public @ $18, but now with the 4(?) stock splits, it's adjusted price would be .075. NVDA disproves your point too
If AMD keeps up what they're doing it will be bumping that $200 range sooner than later.I am in the "buy and hold" camp. I presently own just three stocks, all bought in the last year. Previously I just dealt with ETF's and mutual funds. Advanced Micro Devices (AMD), while down most of the beginning of the year, is up 18% from where I bought it. Nvidia (NVDA) is up 58% in that same one year period, but my crown jewel is Palantir (PLTR) which is up 300% in just 10 months. I have no target price for selling any of these, and really don't have any clue if and when I might. Since all are in a brokerage account within one of my retirement IRA's, it is causing my RMD this year to increase. The RMD is coming from the cash portion.
It’s just not been long enough.NVDA disproves your point too.
I'm typically "buy and hold" as well. Though tech stocks tend to be a lot more volatile so that's why I would not try and time it but would periodically take profits and then if I thought it still a good buy re-buy on a dip.I am in the "buy and hold" camp.
Yes, fungus gnats. They're breeding in the wet soil. Tap your bins and find out where the source is and throw the dirt out. The other option is to get a bug light, but that just treats the symptoms like vinegar. Most of the organic insecticides do not kill the eggs, only the live active gnats.Well, howdy there internet peeps and those wondering how our surgery patients are doing. It's Troy again.
You know the tennis racquet shaped bug zappers? I got one at my desk. With the wife having her indoor herb garden, she's generating a lot of gnats (according to her, mold gnats). We've got sticky traps on order, along with a pesticide she can apply to get rid of any waiting to hatch from the potting soil. In the meant time, she'd doing yogurt cups with the sugar and Apple Cider Vinegar (and dish soap) as traps.
Well, a few gnats find their way down to my desk in the basement. I occasionally see them when I'm painting. Trying to smack them with a tiny brush in one hand and a model in the other isn't recommended.
But when I'm at the computer desk, and i feel something tickling the hairs on my leg, I reach for the bug zapper and start waving it around. Rarely to do I get anything. But, two days in a row, I've gotten a satisfying CRACK or ZAP from it.
Wife said she wanted pizza tonight (don't blame me, I suggested the wings place). So I made her a cast iron pan pizza. But we were out of sausage. The bag in the freezer that I thought was some precooked sausage was pulled pork. It's not the same. So we settled for ham and pepperoni.
I finished assembling one of the last units for my dwarves. I've got a few more that I COULD do, but this is enough for now. So I took the last two units out to hit them with rattle-can primer.
View attachment 232706
and a closer view of the Automata... supposedly infernal critters captured by dragons, and put into iron bodies. Going to have a strong fire theme on the big ones.
View attachment 232707
Now it's time to hit them with a grey primer via airbrush. That one will be about a 3/4 coverage, shot from the top side only. It helps create deeper shadows when I leave some of the black in the cracks and crevices. A final drybrush of titanium white will be the final priming step.
I have one of those tennis racquet shaped bug zappers and carry it with me on my daily walks. A lot more effective than flailingWell, howdy there internet peeps and those wondering how our surgery patients are doing. It's Troy again.
You know the tennis racquet shaped bug zappers? I got one at my desk. With the wife having her indoor herb garden, she's generating a lot of gnats (according to her, mold gnats). We've got sticky traps on order, along with a pesticide she can apply to get rid of any waiting to hatch from the potting soil. In the meant time, she'd doing yogurt cups with the sugar and Apple Cider Vinegar (and dish soap) as traps.
Well, a few gnats find their way down to my desk in the basement. I occasionally see them when I'm painting. Trying to smack them with a tiny brush in one hand and a model in the other isn't recommended.
But when I'm at the computer desk, and i feel something tickling the hairs on my leg, I reach for the bug zapper and start waving it around. Rarely to do I get anything. But, two days in a row, I've gotten a satisfying CRACK or ZAP from it.
Wife said she wanted pizza tonight (don't blame me, I suggested the wings place). So I made her a cast iron pan pizza. But we were out of sausage. The bag in the freezer that I thought was some precooked sausage was pulled pork. It's not the same. So we settled for ham and pepperoni.
I finished assembling one of the last units for my dwarves. I've got a few more that I COULD do, but this is enough for now. So I took the last two units out to hit them with rattle-can primer.
View attachment 232706
and a closer view of the Automata... supposedly infernal critters captured by dragons, and put into iron bodies. Going to have a strong fire theme on the big ones.
View attachment 232707
Now it's time to hit them with a grey primer via airbrush. That one will be about a 3/4 coverage, shot from the top side only. It helps create deeper shadows when I leave some of the black in the cracks and crevices. A final drybrush of titanium white will be the final priming step.
I had better results converting mine into a static grass applicator.You know the tennis racquet shaped bug zappers?
