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      03-23-2020, 11:16 AM   #221
e90335e36m3
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Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.
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      03-23-2020, 11:59 AM   #222
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Quote:
Originally Posted by e90335e36m3 View Post
Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.
Now is definitely the time to put together a proper setup to make out like bandits here. Its like the '08 dip (hopefully shorter term) I was too young to take advantage of all over again.
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      03-23-2020, 12:01 PM   #223
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Quote:
Originally Posted by Ngilbe36 View Post
Quote:
Originally Posted by e90335e36m3 View Post
Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.
Now is definitely the time to put together a proper setup to make out like bandits here. Its like the '08 dip (hopefully shorter term) I was too young to take advantage of all over again.
Quote:
Originally Posted by Ngilbe36 View Post
Quote:
Originally Posted by e90335e36m3 View Post
Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.
Now is definitely the time to put together a proper setup to make out like bandits here. Its like the '08 dip (hopefully shorter term) I was too young to take advantage of all over again.
Seriously. I was going to take out mortgages on my rental property and personal property which are paid off but decided to cool my jets.
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      03-23-2020, 07:17 PM   #224
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And if the market drops another 15%...
Was it a great move?
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      03-23-2020, 10:07 PM   #225
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Get your finger near the "buy" button. COVID new cases are coming down in the civilized world.
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      03-23-2020, 10:24 PM   #226
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Quote:
Originally Posted by e90335e36m3 View Post
Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.
Do you have your eyes set on any individual stocks? Considering I'm working with about 1/10th of the capital you have, and am in my early 20's. I am considering BA, DIS, SBUX, BMWYY, RCL (maybe). Thoughts?

Would it be more beneficial to purchase ETF's in the long run?

Thanks for any input.
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      03-23-2020, 10:25 PM   #227
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You guys... why would you buy something after two consecutive down days. And not a little down, 1500 down lol.

People are so worried about timing the bottom that they gonna burn on the way down.

People chill and watch the market, watch the vix. It's still not done. We only one week in and people are buying shit. At the very least this is going to be like this till May.

Then again I'm a stupid simpleton. Carry on!
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      03-23-2020, 10:27 PM   #228
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Quote:
Originally Posted by chassis View Post
Get your finger near the "buy" button. COVID new cases are coming down in the civilized world.
That's great, links to articles or sources?
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      03-23-2020, 11:13 PM   #229
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Quote:
Originally Posted by e90335e36m3 View Post
Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.
Damn brah. What are you doing with 350k cash laying around?
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      03-24-2020, 01:23 AM   #230
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Damn brah. What are you doing with 350k cash laying around?
Pssssh
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      03-24-2020, 07:37 AM   #231
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Quote:
Originally Posted by bimmerfrk View Post
That's great, links to articles or sources?
cdc.gov
who.int

New cases charts.

New cases will decline sooner rather than later. Agree with the comment above that there is time to get ready to buy, but get ready to buy.
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      03-24-2020, 09:19 AM   #232
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Quote:
Originally Posted by bimmerfrk View Post
You guys... why would you buy something after two consecutive down days. And not a little down, 1500 down lol.

People are so worried about timing the bottom that they gonna burn on the way down.

People chill and watch the market, watch the vix. It's still not done. We only one week in and people are buying shit. At the very least this is going to be like this till May.

Then again I'm a stupid simpleton. Carry on!
As I am also a stupid simpleton, I do not know where the bottom is.
All I know is Id rather miss the bottom than the ride to the top.
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      03-24-2020, 10:48 AM   #233
e90335e36m3
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Quote:
Originally Posted by MisterF80M3 View Post
Damn brah. What are you doing with 350k cash laying around?
Never laying around. I liquidated my CDs, took some money out of my savings and sold my M4CS so I could get into the market.
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      03-24-2020, 11:00 AM   #234
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Quote:
Originally Posted by Jordan's World View Post
Do you have your eyes set on any individual stocks? Considering I'm working with about 1/10th of the capital you have, and am in my early 20's. I am considering BA, DIS, SBUX, BMWYY, RCL (maybe). Thoughts?

Would it be more beneficial to purchase ETF's in the long run?

Thanks for any input.
I am a conservative investor, and while the upside may be greater for an individual stock, so is the downside. I don't want to sweat bullets for the next year, so all I buy are ETFs.

I own, XLF, IVV, QQQ, VTI and VOO.

The only individual stock I own is Boeing which I bought into at $93/share, but it is an insignificant part of my portfolio. It's definitely a risky play and I think there may be some more bad news, but it is one of those too big to fail companies because it is such a significant defense contractor and the largest commercial airplane manufacturer in the world. We can't have only Airbus owning the market. Unsurprisingly, 737 manufacture restart is starting to see movement. Boeing's lobby is powerful, I'm sure calls were made to the Trump administration to tell the FAA to hurry it up.
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      03-25-2020, 09:59 PM   #235
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Quote:
Originally Posted by Ngilbe36 View Post
As I am also a stupid simpleton, I do not know where the bottom is.
All I know is Id rather miss the bottom than the ride to the top.
We're all simpleton's man...no one knows what the hell is going to happen tomorrow. This is life as a retail investor
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