$0.44 (0.21%) Today
52 Week High
52 Week Low
7 Days Mentions
SPY - 33.67% QQQ - 22.38% GOOGL - 11% TGT - 9.2% AAPL - 6.91% MSFT - 6.27% V - 4.36% TSM - 2.65% F - 2.16% Sofi - 1.38% I’m 23 years old with about 25k in the market. I don’t know if I’m too exposed to tech and if there are any other decent growth stocks to hold. I’m waiting for NVIDIA to find some support or a bottom before a buy into it. Would appreciate any feedback
I do like COST & TGT and may have to check where they trade now but my issue with the 2 has been the pricing into perfections already, and honestly, this is a personal thing no investment decision but I just don't understand COST customer appeal. It's not really a thing in Europe but they have one location in France which after the visit I concluded just sells mega bags that doesn't fit my trunk of everything for a price more expensive than my local supermarket 300 meters from my house. Selection is great I give you that.
I did a lot of repositioning today. Thinned winners. Mostly dumped losers last week. Added to great companies at the bottom today. DIS, TGT, HD, SHOP, also some RSP and QQQ. Ended today about .5% UP and sold more than I bought. This was a lot of short covering at the end. Also a lot of people with money on the sidelines DCA into great companies and indexes. Personally I think we still see more down days than up days coming in the next few months.
I myself have trimmed a few positions--I was about 25% in cash, I'm up to about 33% in cash--mainly because I'm seeing some very good companies begin to fall into that value territory where I think the returns could be a quite nice. There's nothing wrong with selling because you want to re-invest somewhere else (for me, I really like PFE, TGT, GS, HPE, COF, NRG, and maybe even NFLX if it hits a PE of 20x)
Came from a middle class family. My memories were that we were always living paycheck to paycheck from the 90s especially since we started going to college and dad had lots of expenses. Mom was stay at home. Some notable events that triggered my curiosity to think about investing * Read Rich Dad Poor Dad book in 2002ish - understood the concept of assets and liabilities and the idea of making money work for you. * Watched the stock market boom in 2004 and understood that there's something in there. * Saw a long term stock market chart going up when an insurance sales man tried to sell me insurance. That chart never got out of my mind. Got my first job early in 2005 after graduating in 2004 with no student debt. Initial pay was zero (was really an apprentice) but started getting a stipend in 3 months and they made me full time after five months. Started putting money aside and investing monthly from every paycheck into mutual funds. Started writing a blog in 2005 and within a few months, was making more money through revenue share than my regular job. So was making a good money for a single low-expense single guy. Kept topping up my investments as I had excess cash. Convinced my brother to contribute regularly into the stock market like I did. He started in 2005 but later cashed out in 2008 when the market started acting up and he needed cash for his wedding. He would have been a multimillionaire if he stayed the course. Tried to convince my parents but they didn't grow up knowing anything about investing and thought putting money in the stock market was "gambling" and this was a taboo in our family circles. Was single. Didn't waste money on silly girls and parties. Had fun though. Was focussed on my career. Was a descent saver. Lived on rent by sharing an apartment. Wasn't really perturbed by 2008 crisis as I was young, travelling due to work and didn't really know the mechanics of the economy. Was mainly focussing on my career and my paycheck. Was clueless about the economic crisis and personally felt my job was secure even though I worked at a major asset management firm in 2006 to 2007 and one of the big four banks during the time from 2008 to 2009. I kept topping up if I had excess cash. Didn't really look at price due to my ignorance. I got a bit savy with personal finance after reading a bit - so no debts, no credit card debt etc. I started churning credit cards to pile up points and miles as I learned you could save on flights through airline miles. Since 2010, I never paid for a flight ticket and have made around 75K worth of flights through accumulating points and miles with my family and extended family. Tried to get all the bank sign up cash bonuses I could during those times. I've now stopped that as we have sticky relationships with the banks where we have accounts. By 2010 I started looking at individual stocks. Slowly started buying individual stocks by cashing out mutual funds - bought stocks like DIS, AAPL, DLR, TGT, WMT, MCD, SBUX, COST, V, etc.... still hold these positions. Have had other positions have sold, bought, sold at various times over the years but reduced major selling since 2016. I only sell for rare reasons. Got married in 2011. She didn't make much... just had a stipend as she was still studying. But she was not a spend thrift, was clueless about investing and some $115K in student debt. Her retirement account was all cash. I changed the allocation and started maxing it out. I pretty much took over the finances. We were good at sticking with a budget, regularly saving, investing, no high debt, used tools like Mint to track finances, budget and set goals. Later in 2013, I started using personal capital and added that to the toolset. Kept paying slightly more in student debt so it would reduce principal. My wife finished her studies in 2016 and got a real job in late 2016 and started making 4x of what I was making. Prior to that, I was making 2x of what she was making. We paid off all the student debt, bought a house with 20% cash saved up over the years for a downpayment. Had always kept around 90% of financial assets in stocks. Reaching the million dollar mark in 2018. Right now have a low to mid 7 figure portfolio with 95% of networth in financial assets. 5% in cash. I've taken advantage of every tax advantaged vehicle I can think of since I got married .... IRA & Roth IRA (while it fell under income limits) Texas ORP, 403B, 401Ks, DCPs, 457s, 529s, DAF etc. Been filing my own taxes using software since 2007.
megacap retailers being strong/green (COST, TGT, WMT) I think proves that this super red three weeks have not been pure panic selling (except today, since VIX is up 30% in a single day FUCK), but a haircut in anticipation of rate hikes, so the better / lower P/E companies are being left more alone
There is also the whole last mile delivery network along with their fulfillment centers. I think that is a big advantage of Amazon compared to most online sellers (but not to Walmart and Target, since they have lots of stores). Though the efficiency of a warehouse of Amazon compared to WMT/TGT is likely much higher.
Those stocks were mocked on WSB and Reddit, but actually had a huge year. Look at HD, TGT, WM, TMO etc...huge runs last year. They aren't as overvalued as a lot of growth stocks, but be wary of chasing the classic "value" names. They aren't as well valued as some believe.
I invested all my savings $31k in the stock market and promptly lost $2k buying VTI, AAPL, TGT, and MSFT. (Man - I thought these were "safe" stocks). ​ I have been stressing out like crazy. Going nuts. I rage quit yesterday and sold everything for a $2k loss. ​ What should I do with my now $31k (lost $2k but added $2k back from the income I earn working a day job). That's how I lost $2k but ended up with the same amount. ​ Should I buy bonds or something? Not looking to get rich. Don't really need the money. Just need to fight inflation. What is the safest play? I know nothing about bonds and am mentally worn out from researching the stock market for every waking second of the last few moths.
I turned off the sub before PLTR was all the rage. I have seen lots of people bullish on CLOV and WISH 5-6 months ago. Tickers are clunkers. WISH would have to really step up to compete with Amazon, and CLOV is a no name nobody. At least posts like [this](https://www.reddit.com/r/wallstreetbets/comments/s9gqoc/match_will_be_the_next_stock_to_absolutely_tank/) have basis in reality. And I don't mind throwing 500 dollars to get a position. That being said, I still don't understand why people here don't read the wikipedia page or company website before buying a ticker for company they don't use. Like I could easily by COST, TGT, or DOV because I'm familiar with those companies. Wikipedia is the basic litmus test to decide where to put your money. Though this market is a schizophrenic girlfriend on cocaine, so we gotta wait until she crashes.
I am bewildered and all in cash after a TGT win / PYPL loss this morning. I think some relief green comes monday at open, but have no strong feeling afterward PPT is real and someone of importance will step out to calm the markets this weekend, in my opinion.
I own TGT and JPM, as it turns out. If I didn't own what I wanted I'd consider buying some. Stuff I've been looking at: Pepsi, PG (own), Chevron (own), AbbVie, Union Pacific, Linde. So that's Consumer Staples/Beverage, Consumer Staples/Household Products, Energy/Oil, Health Care/Biotechnology, Industrials/Road & Rail, and Materials/Chemicals. Decent dividend producing stocks that are all down so the dividend is now worth more.
even as I've follow the intraday moves closely for several years, I still don't understand why a relatively stable stock like TGT gets sold down sooo hard at open, only to be bought back again and rise an hour later. who would sell, you know? these algos are hella dumb sometimes.
What exactly do you mean? Amazon has AWS, is building an entire physical infrastructure for transport, Audible, and many more large projects. Amazon is basically becoming an everything company. I haven’t done any research into WMT, TGT or Kroger, but they are not like AMZN.
Yeah. Just wait until we get to the stocks that have impossible to beat comps from 2021. We saw it with GS and a couple other banks. Next up is HOOD, PINS, ETSY, the retail stocks like WMT, HD, TGT, and the stay at home stocks. I hope they beat but if they miss could see more Peloton or DOCU out there where they tank 20% in a day.
Honestly fine. I bought the omicron dip on DAL and CCL from December. My AFL, INTC play from December is doing spectacular too. Bought the TGT dip yesterday and thus far it's printing. Idk there's like this weird delusion that the ENTIRE market is overvalued. If you're making money on ber plays good for you though, I'm all for making money up and down using the whole animal.
I also bought January 2024 leaps. I mixed up already strong companies with some growth plays and outright gambles. Some of my picks were: TGT, Enphase, MSFT. I also did pick up a $15 SOFI call as well as some increasingly risky picks
The answer is simple. Nobody has money to invest. I am actually giving up on the stock market and selling tomorrow. I started in November with $30k and am down $1.3k because of this clown gambling market. So much for losers like crappy VTI that dropped. MSFT cost me hundreds. Buying VTI and MSFT and TGT was a bad move. The stock market is against people like me with little experience and day jobs. I missed the memo that I was supposed to sell my whole portfolio and dump it into bank stocks. ​ I didn't invest when I had to pay off student loans. I didn't invest when I paid my cars off. I didn't invest when I needed a down payment for a home. I didn't invest when home repairs came up. ​ I chose the safe route and paid off my debts rather than invest.
I thought WalMart+ was going to be HUGE!!! But we're more than a year on now and the stock is sidways. With a PE that's the same or higher. I have no idea how WMT could make some dramatic move with 'those things' (I can't name them cause the comment gets auto-blocked)... they're just buzzwords until proved otherwise IMO. If I was doing a 'would you rather' it would hands down be TGT.
How is he going to have any answer on why a stock he bought goes up or down lol…that’s a useless and short term focused strategy….just buy the companies that are a part of your everyday life and forget about it….GM, TGT, WMT, AAPL, V and so on…