(Topic ID: 232111)

How are you handling the stock market

By GPS

5 years ago


Topic Heartbeat

Topic Stats

  • 63 posts
  • 49 Pinsiders participating
  • Latest reply 5 years ago by SirScott
  • Topic is favorited by 1 Pinsider

You

Linked Games

No games have been linked to this topic.

    Topic Gallery

    View topic image gallery

    E866D2C7-0BF3-40B8-90C0-A2A86B6681A8 (resized).jpeg
    944440AE-E5A1-4C1A-A71C-84C7DC249296 (resized).png
    Keep on Truckin.jpg

    You're currently viewing posts by Pinsider lancestorm.
    Click here to go back to viewing the entire thread.

    #40 5 years ago
    Quoted from darcangeloel:

    This is exactly right. I know it's not a popular idea but man buy and hold still works. Keep and eye on it but for the most part just leave it alone. I personally just buy a leveraged S & P 500 Fund like SSO or SPY, I personally feel safe as I feel like I'm investing in the biggest companies as a whole across several sectors so unless the entire economy decides to tank and stay tanked forever or if the fund managers lose their minds it won't be an issue. So far its worked out pretty well but again the key is for the most part is to just not look? Like when I bought shares of SSO in 2012 around $25 a share I figured man it would be cool if it got up to $35, it is currently at 103 just 5 years later. Meh thats cool hopefully it will keep up in the mean time I will leave it alone (Well for many many years actually hahaha).

    Consider taking out what you invested in it (to get your money back), that way the rest still invested is actual free money to you. Then you can use those proceedings from getting your money back to choose your next stock purchase.

    You're currently viewing posts by Pinsider lancestorm.
    Click here to go back to viewing the entire thread.

    Reply

    Wanna join the discussion? Please sign in to reply to this topic.

    Hey there! Welcome to Pinside!

    Donate to Pinside

    Great to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!


    This page was printed from https://pinside.com/pinball/forum/topic/how-are-you-handling-the-stock-market?tu=lancestorm and we tried optimising it for printing. Some page elements may have been deliberately hidden.

    Scan the QR code on the left to jump to the URL this document was printed from.