The Rokslide Stock Traders Thread

[Jesse Jaymes]

The topic of losses....

Any general guidance on eating a loss?

Black Rifle Coffee....what a dog. Completely shit the bed. I am upside down thousands. Emotional investment.

Moving into retirement next year.....eating the loss on a fixed income is probably a better time to gain the write off?

When investments really shit the bed.....and are basically worthless.....and it seems like there's no hope....is it better to just hold them and pray for a maybe in 2-5 years?

I own a bunch of TeleDoc and Zoom....bought right in at the onset of Covid. Was super confident in both.

Now both are essentially Beta vs VHS.....

 

[NDGuy]

The topic of losses....

Any general guidance on eating a loss?

Black Rifle Coffee....what a dog. Completely shit the bed. I am upside down thousands. Emotional investment.

As soon as I saw the CEO antics I got rid of that stock

 

[Jesse Jaymes]

^^^

I had it all worked out in my mind....a right-wing coffee shop on every other street corner out West and no more lib lines at Starbucks. It's sold in WalMart and most outdoor stores. The coolest packaging. One sip.....and you're an instant Operator. Couldn't fail....

I want my money back Evan

 

[CorbLand]

^^^

I had it all worked out in my mind....a right-wing coffee shop on every other street corner out West and no more lib lines at Starbucks. It's sold in WalMart and most outdoor stores. The coolest packaging. One sip.....and you're an instant Operator. Couldn't fail....

I want my money back Evan

I got a bag as a gift with an order once. I will say the stuff was pretty dang good but Folgers is just so much cheaper.


As to what you should do. I would talk with your accountant as they can really help you where they understand your situation.

 

[Blacktocomm]

The topic of losses....

Any general guidance on eating a loss?

Black Rifle Coffee....what a dog. Completely shit the bed. I am upside down thousands. Emotional investment.

I'd say the first thing is generally separating emotion from investing. Sure everybody has to invest their conscious but emotion and finances often in my experience are not the best dance partners.

The other question about holding and praying for a few years is an opportunity cost question. Do you think holding for 2-5 years the stock will bounce back enough to break even?

Or do you sell and put the money somewhere it might have a chance of making your losses back, just in a different company? This is the path I would take, but I am just a keyboard warrior novice. So grain of salt and all.

 

[Jesse Jaymes]

I don't have one. But on a To Do list. Short story:

Law Enforcement co-worker. Built himself from the ground up. Worth a handful of millions now. Provides stock advice. Wrote a book or two.

Recently instructed me I need a "shady" CPA for consult/retention. Most Americans are missing easy write offs and breaks.

His two most famous quotes he's told me. This coming from a Canjun kid raised in the swamp and lived off rabbits as a latch key kid.

"They done Fukt Up when they gave me a chance....."

"The hardest way to make money....is to work for it"

FYI- He did NOT suggest the BRCC stock pick. lol

 

[Jesse Jaymes]

I'd say the first thing is generally separating emotion from investing. Sure everybody has to invest their conscious but emotion and finances often in my experience are not the best dance partners.

The other question about holding and praying for a few years is an opportunity cost question. Do you think holding for 2-5 years the stock will bounce back enough to break even?

Or do you sell and put the money somewhere it might have a chance of making your losses back, just in a different company? This is the path I would take, but I am just a keyboard warrior novice. So grain of salt and all.

When you're upside down 92% and 87%....it's almost pennies on the thousands. In my mind the safer gamble is just keep it.

But that's why I am asking.

 

[Crowmangler]

When you're upside down 92% and 87%....it's almost pennies on the thousands. In my mind the safer gamble is just keep it.

But that's why I am asking.

I've had a few of those over the past 30 years or so. That's why I always tell people who just start out in stocks that the 2 most important words are: STOP LOSS

If I were you, I'd just hang onto them at this point. Or if you can, sell covered calls on them & make a few bucks & if they get called away, good riddance.

 

[Crowmangler]

Nothing like buying people with their own money.

Just like all the other "stimmy's" the people who are the net payers won't actually get it

 

[CorbLand]

When you're upside down 92% and 87%....it's almost pennies on the thousands. In my mind the safer gamble is just keep it.

But that's why I am asking.

I have a few like that but lucky for me, I only put three digits into them and all had a low first number. I am just holding onto them. What I am really going to do with the 10-15 dollars they are worth? I would rather sit on them for 30 years and hope for a miracle than take the loss.

 

[Blacktocomm]

When you're upside down 92% and 87%....it's almost pennies on the thousands. In my mind the safer gamble is just keep it.

But that's why I am asking.

Yeah, that's a tough go. Whatever will make you feel okay enough about that investment is the best course of action.

There is enough to stress and worry about in life that if you're comfortable holding them as a safer gamble do that.

 

[Jesse Jaymes]

I was told when I started by the same Mentor...."Once you submit, mentally that money is spent. Regardless of the outcome"

I don't lose any sleep over it. Maybe frustrating, but not maddening.

I've been a staunch non Gambler my whole life. I've told many college room mates and sports betters "Some suckers are losing....those lights in Vegas don't pay for themselves to stay on".

Yet here I am.....legally Gambling. Today, I would tell my 5 year younger self to stay the course with the Big 5 or Big 10 and stop wasting money on Maybes.

BRCC was my emotional pick. As I said....everything lined up in my mind. No way those guys Lose. Well......I'm still waiting.


Zoom and Teledoc were researched. Good Motley purchase principles....at the time. The Moat was not so deep or wide shortly after Covid.

Zoom at that time was like saying "Google it".....everything was "set up a Zoom call". Enter Teams, etc.

 

[Fowl Play]

The topic of losses....

Any general guidance on eating a loss?

Black Rifle Coffee....what a dog. Completely shit the bed. I am upside down thousands. Emotional investment.

Moving into retirement next year.....eating the loss on a fixed income is probably a better time to gain the write off?

When investments really shit the bed.....and are basically worthless.....and it seems like there's no hope....is it better to just hold them and pray for a maybe in 2-5 years?

I own a bunch of TeleDoc and Zoom....bought right in at the onset of Covid. Was super confident in both.

Now both are essentially Beta vs VHS.....

Don’t know your situation. But just look up “tax loss harvesting”. If you decide to take the loss, just make sure it offsets some other cap gains. Makes the sting not as bad.

 

[Beendare]

I ignore the closed minded clowns that say, Because I can’t do it then it can’t be done.

I prefer to take advice from people that fully explain their thesis and methodology. Most of the investment research firms layout a bull case and a bear case.

 

[2531usmc]

I ignore the closed minded clowns that say, Because I can’t do it then it can’t be done.

I prefer to take advice from people that fully explain their thesis and methodology. Most of the investment research firms layout a bull case and a bear case.

?

 

[Beendare]

Interesting commentary from the Microsoft CEO saying they have the chips for AI but not the power. Altmans comments have mirrored that. Link is to his interview on Toms Hardware site HERE

 

[MountainTracker]

Interesting commentary from the Microsoft CEO saying they have the chips for AI but not the power. Altmans comments have mirrored that. Link is to his interview on Toms Hardware site HERE

Yeah data centers and power/energy to run all of these AI systems are going to be needed on a large scale. Wherever there is cheap energy is where they will build. Just like BTC mining centers.

China has been building massive solar farms to help off set energy needs. I wonder what they need all that energy for. Also GDP goes up as energy creation goes up.

Side note it’s interesting to me all the articles talking about how the energy used for BTC was bad for the environment but not a peep about AI.


Sent from my iPhone using Tapatalk

 

[noisy]

Side note it’s interesting to me all the articles talking about how the energy used for BTC was bad for the environment but not a peep about AI.

Could have something to do with the fact that AI is useful, and BTC is useless.

 

[Poser]

Bessent has already walked back Trump's suggestion for $2,000 "dividend" payments, saying that they will come in the form of tax cuts: social secuity tax breaks, no tax on tips, etc. It was an empty claim from the get-go as $2000 payments would require something in the realm of $600 billion worth of tariff revenue.

 

[2531usmc]

Yeah data centers and power/energy to run all of these AI systems are going to be needed on a large scale. Wherever there is cheap energy is where they will build. Just like BTC mining centers.

China has been building massive solar farms to help off set energy needs. I wonder what they need all that energy for. Also GDP goes up as energy creation goes up.

Side note it’s interesting to me all the articles talking about how the energy used for BTC was bad for the environment but not a peep about AI.


Sent from my iPhone using Tapatalk

Yep, AI killed the green and renewable energy revolution.