For those that trade individual stocks, how do you keep your emotions out? I decided not to buy Wayfair last month due to past volatility (was looking for short term gains) and now kicking myself.

like
Posting as :
works at
You are currently posting as works at

Can’t help you with that but I can relate. I’m an index guy. I preach not to time the market but when it started going up in March, I held on to the excess cash I had. Then almost jumped in 1st week of April but did not.

At least I did not sell my shares. Back when I started investing 10 years ago, I used to sell significant amount of portfolio every time the market started pulling back a bit (call it ptsd from 2008 crisis) and ended up selling closer to the bottom a couple times only to realize they were short pullbacks in a decade long bill market. Lol. You live and learn.

It is important that we develop investment commandments and stick to them. Still learning... The market humbles you.

helpfullike

Thanks. That's a great perspective: the market humbles you. I'll continue learning and work on my strategy. And I know I shouldn't try to time the market, but I can't help feeling dumb when I don't listen to my intuition. I'm sure my intuition has served me, but in this case, it simply wasn't meant to be.

like

I think the key is to learn and move on. The longer you kick yourself for a mistake, the higher chance you are missing the next potential opportunity. Invest with your gut with small amounts first and continue to test out your strategy. I’ve been swing trading with 2-3 very volatile stocks and found that there’s a general price range that the stocks are always inside of. Whenever it gets to the lower end, I buy. Whenever it gets to the high end, I sell. I’ve been doing this since early April and cumulated about ~11% return on roughly 20% of my portfolio. That’s the extent of my risk appetite for swing trading and the rest are in index. I see it as a nice cherry on the top as my index is rising steadily

likehelpful

Do you buys and sell the stocks or trade options?

Good call out. I only buy and sell stocks. Wayyy too much of a novice to trade options.

like

DITTO I kicked myself in the bought also! Glad I’m not in this one alone.

Related Posts

not a lot of action in today’s stock market.

likehelpful

Looking to build out my 2021 investment strategy over the holidays and looking for resource recommendations on the following.
1- Where to learn/refresh about Options; 2- resource to download or analyze stock data (historical prices) as well as key metrics (PE, YoY revenue growth) to identify stocks as outliers either for shorting or as investment 3 - Paid or unpaid resources that discuss ideas and trends (not necessarily just stock picks).
thanks in advance. And happy holidays!

like

Opinion on the Milton (Cambridge high) vs Suwannee (Peachtree ridge high) to buy a house? Have a 3 yr old.

like

Hi folks,

I am already covering 80c 1.5l limit by elss and pf.

Can i invest 50k only in nps and avail tax benefit under 80ccd 1b.

Tia.

like

Hi fishes,

Please help me find out my take home salary and how to save maximum in tax. I am really new to this tax regime and not aware how to save taxes.
Please help.

Post Photo
like

Best indexes or ETFs to buy today? Y'all recommend the VTI or VOO?

like

What are everyone's thoughts on making the Monthly Child Tax Credit permanent? I think it is an important step to care for the families in our area, but I know not everyone believes in this program

likeuplifting

Hi All, newbie here to real estate investing. I have a primary with about $180k in equity and want to A) Get a larger primary in about 12 months and B) Acquire a cash flowing rental asap. Would you try to cash out refi and buy an investment property now; cash out and rent out your current place and buy a new primary or sell your current place and try to get buy a small investment and a new primary?

like

I have an exit opportunity but have 600$ in my commuter benefit account I lose after post 30 days leaving my current employer. Any creative ways to spend it? Uber pool is eligible, Amtrak, buses, etc.

Guys ..
When will final settlement take place? What will be the components of it?

I’m thinking of deleting my portfolio app. This is just stressful. I have a target for holding that isn’t influenced by the price.

like

Which style home do you prefer and why?

like

I'm a long time user of mvelopes budgeting software, and we just got a notice that they're shutting the platform down at the end of the year.

Looking for a recommendation for an "envelope based" replacement. They suggested Every Dollar, but it doesn't handle credit cards well.

like

If both are priced relatively similar, which would you choose: new construction or existing home?

Looks for advice on how to stop spending so much money. I like really nice things and spend a lot of money to get them (food, clothes, furniture, apartment, gifts, etc.) I use everything I buy...

like

I’m leaving my job soon but I’m wondering if I should be truthful when I hand in my letter of resignation. There’s a ton of reasons but it boils down to: I’m worth more than they can pay me and I need to pay off these student loans. What should I say?

like

Just got promoted and now I’m no longer eligible for Roth IRA - what do I do now? Pause contributions to my Roth IRA? What is this back door thing people are talking about - have also heard it may be illegal soon?

like

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

likefunny

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

More Posts

Hi Network
Can anyone refer me for a data science role ?

I had completed 1st year in cognizant here is the situation can anyone please clarify the doubt ..my probation rating is 2 and not good comments and my role is PAT until today my colleagues role changed PAT to PA but my role is not changed why?is it behind the reason about review?

like
like

Question for some of the senior partners on this bowl: do you mind sharing what does the the top end of partner comp look like? Is it like 2-3M annually? And how many years it took you to get there after becoming partner?

like

Give suggestions on companies to apply in Bangalore.
Want a transition from Data Engineer to ml engineer/data scientist.
Yoe - 1
Engineering- tier 1 nit
Skills:
AWS Associate solution architect.
Azure agile working environment.
Python, sql,Hadoop, spark big data, ci/cd pipeline, aws cloud computing
Regression, pca, knn, ensembles , decision tree etc
Currently working in pharma industry.
Please provide refrell if you have any.

like

Which cloud paypal use? For big data do they use Azure in there projects?

Ever look at your CD (/ECD/CCO) and wonder how the hell they made it there?

likefunny

Looking for job opportunities in finance and accounting in Pune location.Immediate joiner.
YOE- 5 years and 7 months
Skills- Accounting Skills, Analytical Skills, financial reporting and management skills

like

PWC takes the lead in Covid-19 business development materials.

Send to targets and get some work signed.

Post Photo
likefunny

Where should I invest money ?
Apart from shares and mutual funds.

Note: max amt - 20 lakhs
Need good return
Blocking period can be of 5-7 years..

Hi! Can someone recommend a source for learning how do simple, fun music lessons on Zoom? I teach first grade and use music for my transitions. I would also like to play songs for them with my guitar, but am concerned it won’t sound good on zoom (the guitar, not my voice, which is bad, we established that long ago)

Who got accepted to b-schools? Where are y'all going??

like

Does the size of the deals you work on impact your exit opps? I'm considering a role at an MM firm (non-PA firm) and they mentioned the deals are usually in the $200M area of size, which I realize is smaller than big 4 deals

like

Best way to deal with fear and uncertainty around the Boogaloo movement? Currently intensified defense spending however current neighboring cities are heavily prone to coordinated looting

like

Is there anyone affected by the firing that happened at Axtria Inc. recently? I heard that they called a few folks, and asked them to resign and submit their laptop and leave.
Axtria Inc.

like

Is anyone else finding ubereats, DoorDash, etc to be less reliable in recent months? I’ve had several deliveries go missing or arrive hours later than expected.

like

Does anyone feel like it’s difficult to gain acceptance and find allies when you’re a POC? I have attended happy hours, social events, and lunches, but I am not getting the same amount of traction as the other new lawyers who are white. Don’t know whether I should keep trying or just give up. Also don’t know whether it’s my personality or people at the firm. 😢

like

Hi All, Atos is looking for Major Incident Manager and Change Manager roles, please ping me if anyone is interested

like

Are there any legal issues by working for two companies on W2?

like

What’s everyone using to create personal reel websites? Tried Weebly but wasn’t super impressed

like

Additional Posts in Personal Investment Chatter

Hey guys - Need some advice on my allocation. Consider unclassified as VTI. I know I have a lot more cash than needed for 6 months of emergency fund. But I don’t want to invest it all in index funds..

Post Photo
like

VUG or VOOG for long term Roth IRA? 24 years old fwiw. I recognize that I am younger and also have plenty of individual stocks in my regular brokerage account

like

My older sister is an extremely talented woman. She knows everything brand design, graphic design and ideation. The list goes on with what she can do and it is all self taught. She’s on the job hunt looking for something flexible while she’s working at a nonprofit. I want to encourage her to do design but I’m unsure of how to actively help without over stepping?

like

You'd be down 60% if you bought bitcoin with this person. Thanks for playing.

Post Photo
likefunny

Thoughts on investing in DISney ? Better to go in as a stock or via ETF exposure?

like

Not sure where else to post, but do folks know roughly how much kitchen remodels cost these days? Or good websites to estimate remodel costs? Thinking of something like this

Post Photo
like

House flip question

Hey all newbie here. My husband and I are living that Double Income No Kid life wanting to (Financial Independence) Retire Early.

Both in tech in the Bay Area. I’m in Arizona visiting family and am thinking of an investment property. Does anyone have a book/course/video that they personally have used and recommend for flipping houses? I want to do some research there’s a lot of content out there.
Thanks a bunch!

like

What were people's 401k /pension balances at 30?

Feeling behind at $40k but making big headway now saving 10% and pwc wealth builder at 6, (26k a year on 160k)

like

Help! In the final stages of closing a house purchase for $330k. Appraisal came at $311k ~6%less than the sale price. I myself planned for only 5% down on the original sale price. Contd...

likehelpful

Anybody here flip houses on the side? Is it lucrative and what were some big challenges initially?

like

Is now a “good time” to be purchasing more shares of mutual funds I like? Every time I check the price it’s almost at its 52-week high so I’m concerned about “buying high” but also don’t want so much cash sitting in my savings account 🤦🏻‍♀️ help!

like

Is $4,500/month too much for mortgage (taxes, insurance, HOA incl) for HHI of $190K? If yes, what should be the max per month?

like

Best indexes or ETFs to buy today? Y'all recommend the VTI or VOO?

like

I’m 26 and have ~40k sitting in my savings account. Annual income 140k. Maxing out 401k. No debt. Planning to invest 25k but don’t know where to start. Should I get a wealth manager? What is the best way to approach this?

like

Anyone have a lawyer or personal finance advisor they trust and recommend in NYC? Post MBA and new to the city; I need to buckle down and finally get a will and outside $ advice on taxes.

Pre-approved for a home but the rate lock expired and now we have to re apply. My husband lets me know his credit score dropped 111 points because of credit card utilization. Even if we get it below 30% ( which we can) not sure it will quickly reflect. I also added him as an authorized user on a high limit credit card I have. Any other suggestions besides trading him in lbs

like

Looking for advice for investing in these two options. Say I have $100k by October saved up
1) Put 10k into iBonds and $90k as downpyament and closing costs for a property (I’ll need to put in 20%, already talked to several mortgage agents)
2) Put $0 in ibonds and put all the $100k in the home investing (given it’s a little more of an expensive property, given some other factors - location, size, etc)

like

What do you all think abt tesla stock? I have a few but wondering if I should sell now or keep holding

like

Does anyone invest in crypto ICOs? Based in US, looking for a good platform to invest through

I’ve been using CoinList, but lately all their ICOs exclude US - so maybe we just don’t have many available to us anymore

like

🐟 - I rolled over $100K from old employer 401K to Fidelity Rollover IRA. What implications does it have on my ability to do backdoor IRA? We do not qualify for Roth due to income limits. TIA.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal