5 ms·

Dang. I should’ve bought the dip.

WalterBright 2y ago
There is no winning with stock investing. 1. if you buy it, and it goes down, dammit I shouldn't have bought it. I'm so stupid. 2. if you buy it, and it goes up, dammit I should have bought more. I'm so stupid. It's nothing but regrets!
- Carrok 2y ago
  Sounds like a you problem. 1. I buy, it goes down. “Meh. Can’t win ‘em all. Might as well hold see if it comes back.” 2. I buy, it goes up. “Nice.”
  - lesuorac 2y ago
    You still holding AIG? At some point all of your stocks are going to be in recovery mode if you never sell at a loss.
    - WalterBright 2y ago
      If I think it is a good company, I'll hold on the loss and wait. Intel has done well for me, I've held it for decades, but last summer my patience ran out and I sold it. But in all my years investing, I never get used to the downturns and have a hard time being sanguine about it.
      - fsckboy 2y ago
        if you buy a broadly diversified index, if the market goes up, you are better off than you were; there is no justification in not participating in that. your investment going down means the whole economy went down: you are no worse off than the aggregate, and you still own your piece of the economy. if the whole economy goes down a lot, the widespread largescale unemployment means you are a lot better off than a lot of people, and you still own your segment of the economy. it's more of an opportunity cost type thing: you can't afford not to be fully invested. In general, the economy grows, you want to grow with it. nobody can predict downturns; anybody who can is busily correcting the market to make money from it; in any case, that's not us, so we do what we can do.
- moneydang2 2y ago
  [flagged]
- ac29 2y ago
  The SP500 is up nearly 10x from the 2009 lows. If thats not a win, I dont know what is. Even adjusting for inflation, its still a massive return. Buying individual stocks is certainly much riskier, but index investing is still stock investing.
  - Dalewyn 2y ago
    Investing in and holding low-cost broad index funds like the S&P 500 is both Boglehead and Warren Buffet approved. Trading in individual stocks is how you slay countless grandmas, please don't do it for your grandma's sake: https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_bought_700k_worth_of_intel_stock_today/ https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_b...
  - alexey-salmin 2y ago
    My salary did 20x from the 2009 lows. Even if I invested all I could in sp500 in 2009 it still wouldn't make a difference to me today.
  - BeetleB 2y ago
    > The SP500 is up nearly 10x from the 2009 lows. 7x, not 10x > Even adjusting for inflation, its still a massive return. Adjusted for inflation it's 4.7x > If thats not a win, I dont know what is. You compared the low with the current price. Pick a random stock and pick its lowest point and compare with now - many/most handily beat the S&P 500. Think AMD at $4. The proper comparison is to pick two random points 10-15 years apart. Don't cherry pick.
    - ac29 2y ago
      > 7x, not 10x 5624/677 = 8.3x Yes, I rounded up, and yes I picked a low to make a point. But go ahead and pick a random point 10-15 years ago if you'd like and compare it to today and the returns are still very large.
      - BeetleB 2y ago
        Where are you getting the 677 number? The min I'm seeing is 735.
- agumonkey 2y ago
  It's a philosophical thing mostly. You learn to live in statistics, averages and systemic limits. Otherwise yeah you drown in regrets, sorrow and anxiety. That said I don't advise to play the trading game.. it's kinda soulless and empty.
BeetleB 2y ago
INTC is still at historic lows. Put money where your mouth is :-)
Aeium 2y ago
it is certainly still in the dip

There is no winning with stock investing. 1. if you buy it, and it goes down, dammit I shouldn't have bought it. I'm so stupid. 2. if you buy it, and it goes up, dammit I should have bought more. I'm so stupid. It's nothing but regrets!

Carrok 2y ago
Sounds like a you problem. 1. I buy, it goes down. “Meh. Can’t win ‘em all. Might as well hold see if it comes back.” 2. I buy, it goes up. “Nice.”
- lesuorac 2y ago
  You still holding AIG? At some point all of your stocks are going to be in recovery mode if you never sell at a loss.
  - WalterBright 2y ago
    If I think it is a good company, I'll hold on the loss and wait. Intel has done well for me, I've held it for decades, but last summer my patience ran out and I sold it. But in all my years investing, I never get used to the downturns and have a hard time being sanguine about it.
    - fsckboy 2y ago
      if you buy a broadly diversified index, if the market goes up, you are better off than you were; there is no justification in not participating in that. your investment going down means the whole economy went down: you are no worse off than the aggregate, and you still own your piece of the economy. if the whole economy goes down a lot, the widespread largescale unemployment means you are a lot better off than a lot of people, and you still own your segment of the economy. it's more of an opportunity cost type thing: you can't afford not to be fully invested. In general, the economy grows, you want to grow with it. nobody can predict downturns; anybody who can is busily correcting the market to make money from it; in any case, that's not us, so we do what we can do.
moneydang2 2y ago
[flagged]
ac29 2y ago
The SP500 is up nearly 10x from the 2009 lows. If thats not a win, I dont know what is. Even adjusting for inflation, its still a massive return. Buying individual stocks is certainly much riskier, but index investing is still stock investing.
- Dalewyn 2y ago
  Investing in and holding low-cost broad index funds like the S&P 500 is both Boglehead and Warren Buffet approved. Trading in individual stocks is how you slay countless grandmas, please don't do it for your grandma's sake: https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_bought_700k_worth_of_intel_stock_today/ https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_b...
- alexey-salmin 2y ago
  My salary did 20x from the 2009 lows. Even if I invested all I could in sp500 in 2009 it still wouldn't make a difference to me today.
- BeetleB 2y ago
  > The SP500 is up nearly 10x from the 2009 lows. 7x, not 10x > Even adjusting for inflation, its still a massive return. Adjusted for inflation it's 4.7x > If thats not a win, I dont know what is. You compared the low with the current price. Pick a random stock and pick its lowest point and compare with now - many/most handily beat the S&P 500. Think AMD at $4. The proper comparison is to pick two random points 10-15 years apart. Don't cherry pick.
  - ac29 2y ago
    > 7x, not 10x 5624/677 = 8.3x Yes, I rounded up, and yes I picked a low to make a point. But go ahead and pick a random point 10-15 years ago if you'd like and compare it to today and the returns are still very large.
    - BeetleB 2y ago
      Where are you getting the 677 number? The min I'm seeing is 735.
agumonkey 2y ago
It's a philosophical thing mostly. You learn to live in statistics, averages and systemic limits. Otherwise yeah you drown in regrets, sorrow and anxiety. That said I don't advise to play the trading game.. it's kinda soulless and empty.

BeetleB 2y ago

INTC is still at historic lows. Put money where your mouth is :-)

Aeium 2y ago

it is certainly still in the dip