Discussion in 'General' started by noles19, Nov 8, 2017.
sell sell sell
time to double down on rivn
Had a buy order at $15 that just timed out... now having second thoughts. Probably have enough exposure on the crap shoot.
Yeah, I don't need more than I already have. But you're down on this one, aren't you? Could be the chance to bring down your cost basis and get out earlier than you currently need to.
They didn't cover sunk cost fallacy at Wharton?
I have done that plenty of times to get out of a questionable stock if I thought it was going to bounce back enough.
They have occasionally turned into falling knives, though.
It is THE hardest trait to overcome in money management.
Admitting the I was wrong is extremely difficult for me to do.
Just ask my wife. (better yet, my EX- wife! )
Oh, trust me, my misses are spectacular enough that there is no doubt as to whether I was right or wrong.
Got 75 shares at $22.66 average. My M/O is never to average down to get out...it would only be to get more shares of something I believe (hope?) that'll actually do something good at some point.
Credit Suisse: Hey everyone we're ready to talk about some of the shady shit we did a couple years ago and move past it.
SEC: Uhem. Yeeaaahhh. You might want to delay that call a bit. There may be some additional topics you need to talk about.
SEC: Oh and BTW, you might wnat to hold off on the old....Annual report thingy for minute too.
Credit Suisse: Ah Fack.
I have genuinely enjoyed the fall of Credit Suisse over the past few years.
Don't care as long as it doesn't affect the dividend cash cow USOI I've got a pile of...
Oh, it's personal for me. I have nothing at stake financially.
Is that where you worked, when you lived over here?
So the Structured Notes I mentioned about 6 mo. ago have worked out well. They came with a 30% fall protection... made approx. 9.6%apy during those 6 months whether market was up or down. There was a call option at 6 months if market was higher than at purchase date, which it was so bank bought the notes back. Nice relatively safe chunk of profit. Would do again but as the market is smoothing out the notes aren't offering near 10% return right now.
Well then... spill it already
Someone close to me worked there. It was an ugly divorce.
Seems we can't discuss investing in the financial sector. Take note, yall.
Or donuts. Don't forget.
Any other strangely random verboten topics?
Separate names with a comma.