Started with a $1/$2nl challenge, now we're here. - Page 329 - Poker Blogs and Goals -- Two Plus Two Poker Forums

I'm in about 10 dividend etfs, most are financially based i get about 10% off of them but beware of dividend traps wherein you buy in and the share price plummets. this happened to me with SNH recently

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04-28-2019 , 04:39 PM

#8202

GhoulPatrol

grinder

Join Date: Dec 2018 Posts: 467

Quote:

Originally Posted by Kelvis

And it doesn't bother you that for example Fidelity has averaged 15% over the last 30 years betting on the S&P500? Your money is going to be $1,6M in the same amount of time compared to $400k.

Oh, of course, but when I invest, my chief concern is safety/stability. It's like how I don't play a full schedule of bracelet events every summer, I just pick the 10-12 highest value ones. I get enough of gambling out of actually gambling, I want to make sure that when I want to retire I can do so comfortably.

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04-28-2019 , 09:52 PM

#8203

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by Kelvis

He just heard the term on CNBC from that whackjob Cramer, didn't understand it but is just echoing it to make himself seem smart. Everyone who doesn't have 90% of their brain shot out by a shotgun shell knows this guy is an ignorant idiot at best but most likely a troll.

hey Kelvis do you even have an investment portfolio? pennies to dollars you are a broke degen who put all his credit card $ on bitcoin. YOLO

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04-28-2019 , 09:55 PM

#8204

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

who here actually had a mortgage go underwater in the 2008-09 crash? half of you probably were in junior high or grade school back then. That crash wiped out alot of home equity and people had to rebuild. or perhaps your family was affected.

That's real money management.

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04-28-2019 , 09:57 PM

#8205

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by Kelvis

And it doesn't bother you that for example Fidelity has averaged 15% over the last 30 years betting on the S&P500? Your money is going to be $1,6M in the same amount of time compared to $400k.

did you learn this from Jim Cramer on CNBC?

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04-28-2019 , 10:04 PM

#8206

BigSoonerFan

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 11,214

My eyes are starting to bleed.

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04-28-2019 , 10:59 PM

#8207

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

you ok BigSooner?

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04-28-2019 , 11:54 PM

#8208

GhoulPatrol

grinder

Join Date: Dec 2018 Posts: 467

Quote:

Originally Posted by CoolManLuke

What are you talking about? Home equity isn't money in the bank. At the lowest, I lost 200k in home equity but it didn't negatively effect me (except obviously for mentally) because I didn't sell my house. And actually I was able to refi my mortgage to a lower rate so technically it saved me a small amount of money. You'd have a point if the market stayed at it's lowest point, but pretty much everyone know that the market would eventually bounce back and houses are naturally one of those things where you sit on your equity for a long time since you're actively using them to live in.

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04-28-2019 , 11:55 PM

#8209

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by Masq

So if you're lucky you'll get about 5% yield. That's cool if you have $100 million invested. But $200k invested with the aim of yielding $10k/year isn't too exciting.

Growth > 'passive' dividend streams.

Capital gains and a balanced portfolio. indexes grow as well as pay a dividend.

If you got 40 years even 200k will grow to a pretty big chunk as long as you reinvest all the dividends and don't withdraw.

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04-29-2019 , 12:01 AM

#8210

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by GhoulPatrol

Well you were lucky. Alot of people foreclosed and took the hit rather than continue paying into a depreciating house. So they lost all the equity they had paid into the house so far.

Markets bounce back but that takes time. It would take a decade or so to get back. If you had to move, lost your job, or some major life event happened you may not be able to wait it out.

Lots of people went the bankruptcy route rather than doing the right thing.

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04-29-2019 , 12:35 AM

#8211

onguard

centurion

Join Date: Feb 2017 Posts: 195

Quote:

Originally Posted by CoolManLuke

you ok BigSooner?

It's somebody else's blog.

You've made your points.

You've repeated your points.

You've repeated your repeated points.

Start your own thread, participate in a better investing thread, pop in here once a month, whatever. I mean are you autistic or something?

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04-29-2019 , 02:35 AM

#8212

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by onguard

seems like everyone else keeps bringing up my points. lol.

Just trying to help out Rayz with his stock trading.

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04-29-2019 , 03:42 AM

#8213

Haunt3d

enthusiast

Join Date: Apr 2019 Posts: 81

Quote:

Originally Posted by CoolManLuke

Just trying to help out Rayz with his stock trading.

If you could only recommend him one stock, what would it be?

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04-29-2019 , 03:57 AM

#8214

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by Haunt3d

If you could only recommend him one stock, what would it be?

Did you create an account just to ask this? lol...

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04-29-2019 , 04:03 AM

#8215

Haunt3d

enthusiast

Join Date: Apr 2019 Posts: 81

Quote:

Originally Posted by CoolManLuke

Did you create an account just to ask this? lol...

Been reading for years. Figured I might as well make an account.

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04-29-2019 , 04:08 AM

#8216

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Seeing as you mentioned a certain stock in your very 1st post you ought to know the answer to your own question. Gettin' rhetorical ain't we.

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04-29-2019 , 04:17 AM

#8217

Haunt3d

enthusiast

Join Date: Apr 2019 Posts: 81

Quote:

Originally Posted by CoolManLuke

Seeing as you mentioned a certain stock in your very 1st post you ought to know the answer to your own question. Gettin' rhetorical ain't we.

Pier 1?

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04-29-2019 , 04:25 AM

#8218

CoolManLuke

banned

Join Date: Feb 2017 Posts: 137

Quote:

Originally Posted by Haunt3d

Pier 1?

I have no idea what this means. If you wanna help Rayz out with some stock tips or money advice then go ahead. Otherwise stop trolling.

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04-29-2019 , 12:19 PM

#8219

tgiggity

Pooh-Bah

Join Date: Oct 2016 Posts: 5,795

I'm also curious what CoolManLuke's stock pick would be. Apple?

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04-29-2019 , 01:34 PM

#8220

wj294

adept

Join Date: Jun 2015 Posts: 1,122

Quote:

Originally Posted by tgiggity

I'm also curious what CoolManLuke's stock pick would be. Apple?

I think Netflix mate

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04-29-2019 , 02:30 PM

#8221

tswpoker1

old hand

Join Date: Aug 2008 Posts: 1,979

Better start peeping DIS - going to start resembling NFLX price after they roll out their streaming service (they have and advantage over Netflix here, if just the content alone)

Also, keep an eye on that SBUX, appears that the Chinese market has discovered coffee - there were thoughts that Luckin Coffee may have the upper hand in China (opened last year and already 2,000+ stores), but I'd rather go long on SBUX

GL RAYZ!!

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04-29-2019 , 09:26 PM

#8222

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by tswpoker1

Better start peeping DIS - going to start resembling NFLX price after they roll out their streaming service (they have and advantage over Netflix here, if just the content alone)
GL RAYZ!!

It’s fun to follow.
Speaking of Netflix, saw Grass Is Greener last night. An informative and interesting doc about the culture, history, and trend of marijuana. Didn’t realize how much systematic racism played into the weed movement.

+$18 on 4.5 hours today. Up as high as $30 and low as much as $200.
One of those days where I practiced my fold techniques. There was a spot on the table that I was trying to land them in for a while. After that, we went w the square em up then 1 finger tap. Every now and then, I douched it up w a high helicopter toss.

Life/Poker Roll barely $500ish...maybe $480. We need a gd score tomorrow!

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04-30-2019 , 05:15 PM

#8223

sddunes

centurion

Join Date: Jan 2011 Posts: 111

Any chance you bought some ENPH? Saw they popped after hours today.

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05-01-2019 , 07:41 AM

#8224

YSter

journeyman

Join Date: Jan 2013 Posts: 256

I’ll be there Friday after the Oaks! The dinner is on me.

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05-01-2019 , 09:54 AM

#8225

Tobe Decided

newbie

Join Date: Jun 2014 Posts: 38

Did you see Neeme is looking for $2/$5 or $5/$10 at the Boat this afternoon/evening? He was asking what the chances were that it would run today on his IG last night. I know that PLO is pretty strong on Weds but maybe we could get $2/$5. I'm heading over after work tonight in hopes that a bigger game runs.

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