Would you believe that my IRA has had more than 39% growth each of the last three years? My account is up nearly 500% since Jan 2019. I'm not some kind of financial genius. I buy and hold. This market is INSANE right now. 8% annual growth seems to me like a missed opportunity.
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Absolutely. I called him last night and told him he needed to make a phone call to them and get his money out.
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PTON premarket looks brutal.
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Yikes. How bad was that earnings report?
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One could buy on the dip, I thought about that on Zillow.
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damn, already made back all the money i took out of my roth to help with paying for the house

IRAs rock!
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I've got a younger relative who is prudent with his money, but he's keeping his savings in a savings account at 0.1 percent interest. I'm trying to talk the guy into getting into stocks, but he's not familiar with them and is wary. It's killing me.
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I'm not one to talk, I (up until I bought some land) had an uncomfortable amount of money in a savings account. But I was doing it for the aforementioned land purchase. I was close several times to putting it in SPY which would have been the move in hindsight, but I couldn't take the risk.

Can't you just knock out a compounding return spreadsheet in like 30 seconds comparing his return to even a conservative 5% return. I think the long term stock market return is 8. Or just convince him to open a brokerage account and put SPY in and see for himself?

I mean, you can get a little more intrusive since he's your relative.
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Buying a “dip” because a stocks looks on sale is dangerous without knowing a bottom. See if it trends sideways or shows a reversal pattern before guessing.
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just buy AMC on dips!!!!! :-)
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Well you wait to see when the is chart going up you see.

Similar to how you purchase stocks.
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Next time it hits 34 I'm grabbin 100 shares to swing
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yeah i keep waiting for 30 and it never comes
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Just bought some SBEA today. A SPAC that picked up "Black Rifle Coffee Company"

A little over $10 right now, Will be an $80 stock down the road in my opinion

Also grabbed some warrants too
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You don't know what a short squeeze look like for a large cap because you trade shit

I was a broker back in 1987 - 1994. I've traded stocks, bonds, commodities, and options before you dribbled out of your Dad's dick. :-)
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