It is currently Sat Apr 27, 2024 10:53 am

All times are UTC - 6 hours [ DST ]




Post new topic Reply to topic  [ 13 posts ] 
Author Message
 Post subject: Investments
PostPosted: Tue Dec 31, 2019 12:35 am 
Offline
User avatar

Joined: Sun Jan 30, 2011 10:15 am
Posts: 27591
pizza_Place: nick n vito's
I bought 3k worth of cresco a month ago, seems to be going up steady.. should explode after the dispensary opens up. Still early, get in cheap now while ya can. I could see this hitting 50$ a share in a couple years.

_________________
The Original Kid Cairo wrote:
Laurence Holmes is a fucking weirdo, a nerd in denial, and a wannabe. Not a very good radio host either.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 12:42 am 
Offline
User avatar

Joined: Tue Aug 19, 2008 3:03 pm
Posts: 42982
312player wrote:
I bought 3k worth of cresco a month ago

No you didn't.

_________________
Juice's Lecture Notes wrote:
I am not a legal expert, how many times do I have to say it?


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 1:12 am 
Offline
User avatar

Joined: Mon Apr 23, 2007 11:52 pm
Posts: 12555
Location: Ex-Naperville, Ex-Homewood, Now Tinley Park
pizza_Place: Oh I'm sorry but, there's no one on the line
I bought some Wesson stock after Florence promised me on her death bed it would rise like crazy.

_________________
"All crowds boycotting football games shouldn't care who sings or takes a knee because they aren't watching." - Nas


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 6:11 am 
Offline
User avatar

Joined: Wed Jun 16, 2004 4:26 pm
Posts: 31084
Location: West Side
pizza_Place: Paisan's in Cicero
There's a better risk/reward with CTST

_________________
Seacrest wrote:
I rarely troll.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 7:18 am 
Online
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 77043
Location: Chicago Heights
pizza_Place: Aurelio's
I've got a shitload of GTBIF. I think it will do okay, but I'm not really looking for a home run ball.

_________________
His mind is not for rent to any God or government.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 8:20 am 
Offline
User avatar

Joined: Sun Jan 30, 2011 10:15 am
Posts: 27591
pizza_Place: nick n vito's
spmack wrote:
There's a better risk/reward with CTST


I don't know much about stocks, if I have an extra few bucks I'll take a chance a couple times a year. What do you like about it?

https://www.google.com/amp/s/timesofnew ... -ctst/amp/

_________________
The Original Kid Cairo wrote:
Laurence Holmes is a fucking weirdo, a nerd in denial, and a wannabe. Not a very good radio host either.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 8:25 am 
Offline
User avatar

Joined: Tue Mar 24, 2015 9:46 pm
Posts: 9950
pizza_Place: Q's Hillside
Bogle 3-Fund Strategy:

- 60% Total US Stock Market index fund
- 20% International Stock index fund
- 20% Total US Bond Market index fund

Contribute monthly, rebalance twice a year. Go about your business.

_________________
"When people want their version of the truth, they go find it, no matter how baseless their beliefs." -- Ken Rosenthal


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 9:37 am 
Offline
100000 CLUB
User avatar

Joined: Wed Feb 08, 2006 6:17 pm
Posts: 101886
pizza_Place: Vito & Nick's
Petramco Corp. Out of Springfield. I think. They're about to introduce some sort of robot butcher.

_________________
ltg wrote:
[Fields will] be the starting QB on an NFL roster at the start of next season. Book It!
Caller Bob wrote:
There will never be an effective vaccine. I'll never get one anyway.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 9:54 am 
Online

Joined: Fri May 25, 2018 8:58 am
Posts: 5924
pizza_Place: Frozen
I loved listening to John Bogel, and Sir John Templeton talk finance. Bogel the inventor of the index fund. But , Bogel's buy and hold strategy is interesting. Many like me got taken to the woodshed in 2000-2002 when the S & P 500 was down near 47%. I got hit worse because I was too tech heavy. A guy I worked with in his early 20s lost 500k in his ira trading all tech. It took a long time for me to recoup. Luckily I didn't get spooked and sell at the bottom, and wasn't in all tech. Then by no brilliance on my part, just a plan I laid out in 2000-2002 I got out 100% of stock in 2008 and avoided the 38% banking crash. Banks were offering 5-6 % CDs. Got back in with the fed QE. Now keep my stock exposure at 35-40% strictly broadly diversified low cost index funds/ETFs, no sectors, no individual stocks.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 10:01 am 
Offline
User avatar

Joined: Mon Jun 14, 2010 4:29 pm
Posts: 38101
pizza_Place: Lou Malnatis
This thread is begging for the newly minted millionaire DenisDMan !

_________________
Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 10:05 am 
Offline
User avatar

Joined: Sat Nov 15, 2008 8:26 pm
Posts: 3355
Location: Far East 'burbs.
pizza_Place: Pasaro's, St. Joe, MI.
vitoscotti wrote:
Now keep my stock exposure at 35-40% strictly broadly diversified low cost index funds/ETFs, no sectors, no individual stocks.



Likewise, I let the money fund managers make the calls for me, I don't have the time nor interest to watch the markets daily.

A few individual stock winners (buying DE at $29, WHR at $40) have been offset by complete losses like Lionel, RAD, (and almost GE). I even jumped off my own company stock when I was sure it would never make $70, it was at $95 yesterday...


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Tue Dec 31, 2019 12:51 pm 
Offline
User avatar

Joined: Wed Jun 16, 2004 4:26 pm
Posts: 31084
Location: West Side
pizza_Place: Paisan's in Cicero
312player wrote:
spmack wrote:
There's a better risk/reward with CTST


I don't know much about stocks, if I have an extra few bucks I'll take a chance a couple times a year. What do you like about it?

https://www.google.com/amp/s/timesofnew ... -ctst/amp/

I just think with more and more states legalizing weed, the demand will go up. This stock has hit the high 8's and 9's a few times.

_________________
Seacrest wrote:
I rarely troll.


Top
 Profile  
 
 Post subject: Re: Investments
PostPosted: Thu Jan 02, 2020 2:31 pm 
Offline
User avatar

Joined: Thu Feb 17, 2005 2:35 pm
Posts: 80165
312player wrote:
I bought 3k worth of cresco a month ago, seems to be going up steady.. should explode after the dispensary opens up. Still early, get in cheap now while ya can. I could see this hitting 50$ a share in a couple years.


I sat in a public hearing at which their leaders were speaking. They don't expect to turn a profit for a while.

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 13 posts ] 

All times are UTC - 6 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 13 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group