meh

6/18/2008 4:22:13 PM

eh

6/18/2008 4:26:31 PM

Gee gosh golly darn it.

How's everyone's 401(k)s doing? I'm down 4.7% year-to-date, but up 2.4% for Q2 so far.

[Edited on June 18, 2008 at 4:45 PM. Reason : /]

6/18/2008 4:42:37 PM

Personal Rate of Return from 01/01/2008 to 06/17/2008 is -5.7%

6/18/2008 5:51:23 PM

Personal Rate of Return from 01/01/2008 to 06/17/2008 is -5.3%

6/18/2008 6:06:42 PM

Personal Rate of Return from 01/01/2008 to 06/17/2008 is 4.2%

...wow didn't expect that one

6/18/2008 6:07:24 PM

wtf is your allocation?

6/18/2008 6:07:38 PM

global bonds and commodity exposure have saved me

6/18/2008 6:13:44 PM

Damn, that must be one unbalanced portfolio.

6/18/2008 6:15:52 PM

Personal Rate of Return from 01/01/2008 to 06/18/2008 is -0.9%

Really good considering my contribution pattern. I was contributing 20% in Jan and Feb and nothing since...

I've Been crushing the Roth though.

ADRE -$11.43 -0.77%

FCG $744.08 41.20%

FLVCX $274.84 10.99%

VEU -$94.40 -3.09%

6/19/2008 8:29:30 AM

[Edited on June 19, 2008 at 9:36 AM. Reason : .]

6/19/2008 9:36:02 AM

im sitting at about +5% in my 401k atm for the year. I guess i'll take that since im fairly passive with where it is invested (passive as in not changing it much not as in safe vs aggressive) and the type of year this has been.

[Edited on June 19, 2008 at 9:42 AM. Reason : ]

6/19/2008 9:38:59 AM

i haven't looked at mine in a while.

i'm trying not to

or i'll start trading.

6/19/2008 9:47:59 AM

Quote :

"Picked up GTE at 5.90 on 5/28 and it hit my target sell of 7.05 today so finally got to at least take some profit. Now lets hope I dont see it shoot up higher, although I pretty much thought it would cap out at 7 right now. "

Oops trading at 8.65 right now

6/19/2008 9:50:23 AM

Damn it Nissan Motors.

6/19/2008 10:00:35 AM

Personal Rate of Return from 01/01/2008 to 06/18/2008 is -1.7%

6/19/2008 10:20:02 AM

Having a good day so far (up almost 4%), lets hope it keeps holding the gains there are a few nearing my get out price just a bit too late, a couple I had pegged to buy but didnt have the cash for made big jumps today as well.

[Edited on June 19, 2008 at 11:07 AM. Reason : .]

6/19/2008 11:02:46 AM

.Stuff is rallying.

So, I'm looking at GM right now. Big commission check coming tomorrow and I'm wondering how much cheaper it could get...14.73 right now but was 50 back in 04 and hit 40 last October. I know it's a sinking ship, but surely...

[Edited on June 19, 2008 at 11:09 AM. Reason : .]

6/19/2008 11:03:32 AM

Quote :

"im sitting at about +5% in my 401k atm for the year. I guess i'll take that since im fairly passive with where it is invested (passive as in not changing it much not as in safe vs aggressive) and the type of year this has been."

You guess you'll take it?!?!? I'll take a 5% six month return any year. What's your allocation?

6/19/2008 11:10:20 AM

Quote :

"Your Portfolio's Rate of Return For the period (01/01/2008 - 06/18/2008) -6.22% "

woot!

6/19/2008 11:12:37 AM

^^

40% large cap equities (spread b/w S&P 500 Index, Large Cap Growth, Large Cap Value)
25% small cap equities (spread bw/w Small Cap Growth, Small Cap Value)
20% non us equities
15% company stock

A lot of it came from company stock. almost 2 years ago (before i worked here) it was at 77, it got up to 160 last year before everything was coming down. for this year, it hit a low of 107 around February and i bought back in sometime when it was climbing (i forget at what point, it wasnt the very bottom). I sold it at like $197 but then I bought back in at $177 and its back up to $190 and splitting soon. I think im just going to hold onto it for now and see where it takes me. I dont think it will ever tank so fast that I wouldnt be able to get out in time where it would hurt me at 15% of my whole investment.

Its been pretty strong though:

QTD 32.10%
1 year annual average 75.1%
3 year annual average 46.4%
5 year annual average 37.5%

[Edited on June 19, 2008 at 11:27 AM. Reason : ]

6/19/2008 11:26:25 AM

Oh ok, that explains it.

6/19/2008 12:01:36 PM

HERE WE GO!

6/20/2008 9:46:00 AM

Well well down below the 12000 mark now, looks like another day with a board full of red and any headway I made the past few days dissappearing quickly

6/20/2008 9:46:27 AM

Damn, almost sold off all my European exposure yesterday but didn't pull the trigger. I dumped it today, that continent is dead.

Was planning on purchasing X but it was up way too much today so I went for the flip side and jumped aboard PKX on a down day.

Daytrading the retirement accounts like a jackass.





[Edited on June 20, 2008 at 10:55 AM. Reason : wrong symbol]

6/20/2008 10:39:24 AM

should I pick up some AAPL today?

6/20/2008 1:21:08 PM

SKF 131

I love this woman





Is this round 4

Ted spread is creeping up

And the discount spread is getting nervous



[Edited on June 20, 2008 at 1:27 PM. Reason : Spreads]

6/20/2008 1:23:35 PM

I'm tired of losing money.

6/20/2008 1:58:38 PM

Don't be a pussy. Keep playing the game.

Anyone on this board is probably 30 or under.

Take advantage of the old people who can't afford to take risks. The amount of money you are "losing" pales in comparison to the amount of money you will make by hitting back harder with subsequent deposits.


Pull the sand out of your vagina and just keep hitting it. Let's say the market doesn't budge for the next 20 years.... would you rather have $20k or $400k invested when it takes off 200% in nine years?

6/20/2008 2:24:26 PM

^ I always wonder what'll happen to the stock market when those old people retire and cash out.

6/20/2008 2:25:45 PM

Look I deal with people everyday.

Everyone thinks things with utility are the way to get rich.

They think real estate, land, etc are the way to get rich because they can name an example of someone who got lucky when a new development was built.

Stocks have almost zero utility. You get an annual report, rights to a tiny dividend, and voters rights. No one masturbates thinking about their 3% monthly return or gets laid by showing a girl their portfolio as opposed to their 0% down, interest only financed lake house.

If stocks didn't have a higher long term return why would anyone invest in them as opposed to something that makes them look cool like a lake house/jet ski/pontoon?

When stocks get beaten down their yields improve and their long term capital appreciation sky rockets.

Just don't bottom fish and get burned and keep hitting it. You wouldn't stop slaying a 5'8 125 lb blonde just because a 5'6 119 lb brunette might be in your future.

[Edited on June 20, 2008 at 2:37 PM. Reason : a]

6/20/2008 2:36:25 PM

Nah I'd do both chicks at the same time.

6/20/2008 2:39:31 PM

I love Martin's posts. Did I ever share this quote with you? Figured it was right up your alley.

Greed: A word commonly used by liberals, low achievers, anti-capitalists and society's losers to denigrate, shame and discredit those who have acquired superior job skills and decision-making capabilities and who, through the application of those job skills, achieve success.
-Neal Boortz

6/20/2008 3:34:46 PM

Well seems I got a bit of a bump at the end of the day, still finished down a bit but a few stocks made small gains. I am really ready to start playing some shorts on BWEN I think just to pocket a few bucks, it continues to make regular flips between around 22 and 25 even throughout a single day such as today. So tempting to just keep buying at 22 or 23 then selling at 25 and making a couple hundred bucks a pop. Knowing my luck as soon as I start the bottom will fall out and I will hate myself .

6/20/2008 4:39:46 PM

i forgot that it takes a few days after selling a stock for the funds to settle (I don't sell much--I pretty much just buy, buy, buy)...so I couldn't grab that AAPL on Friday. Maybe it'll fall some more in a couple more days when I can actually buy it.

anyone else back on the AAPL cart?

6/22/2008 2:36:59 AM

AAPL BOUGHT 6 SHARES OF AAPL AT $178.26

6/22/2008 1:58:45 PM

It can't be economical to buy 6 at a time.

6/22/2008 2:00:08 PM

why?

6/22/2008 2:04:24 PM

$1000 at a time is enough to make it economical

$100.. not so much

6/22/2008 2:07:35 PM

Exactly. He is probably one of those guys who won't hesitate to pick up 100 shares of a $10 stock but wouldn't dream of picking up 2 shares of a $500 stock.

6/22/2008 2:08:50 PM

I agree with skokiaan. $10 commissions on the buy and $10 commissions on the sell on an investment of $1000...that's gonna reduce your returns by 2% - not really economical...

6/22/2008 2:46:36 PM

A. My trades cost $7
B. Your math is incorrect. It would only be 2% if I never ever made profit.

6/22/2008 2:59:52 PM

A) OK, your returns will be lowered by 1.4%, not 2% - still significant
B) It says "reduce" your returns, not your absolute returns...ie, if you would've made 10%, now you will only make 8.6% because you've lost 1.4% in commissions and this has decreased your total return by 14% - from 10% to 8.6%...

6/22/2008 4:42:51 PM

The idea is to make enough so the commission costs are insignificant.

[Edited on June 22, 2008 at 4:49 PM. Reason : ]

6/22/2008 4:48:58 PM

Yeah, who wants 8.4 % when I can put it in a cd and get half that.

6/22/2008 4:49:27 PM

I don't know what kind of crazy guido math is being applied in this thread.

If you purchase a stock for $1,000 and sell it for X amount of money then your return is only reduced by 1.4% if the stock doubles.

If it goes up 30% your return is reduced by 4.6%

If it goes up by 10% your return is reduced by 14%.


You are confusing investment cost with reduction of return.

6/22/2008 10:14:59 PM

Thx. How is work going for you?

6/22/2008 10:16:12 PM

^^ pretty much what i said...the 14% was the relative decrease in the 10% example that was being used...however, the nominal decrease of 1.4% is constant

6/23/2008 6:33:37 AM

That wasn't close to what you said.

6/23/2008 9:40:55 AM

UA is back near its 52 week low at $28. last time this happend it jumped to $40 in a week or two

6/23/2008 10:18:45 AM