The Rokslide Stock Traders Thread

[Andrew12gauge]

Mine is mostly tech- which can be very good or gut wrenching....but on the risk scale it's not even in the same ballpark risk wise as some of those small stocks discussed here where they can go to Zero. I did own MLPX and BRK-B but they were underperforming so I dumped them.

I'm in TSM, META, GOOG, QTEC, GS, VGT, AMZN, ANET, MU, PFE and a little of the dud I bought for a trade ARLP. I manage risk by the % I have in the market with the rest in ST money markets. I was about 60% in for most of the year. I don't sell much in my Taxable accounts but manage market exposure by selling/buying in our IRA's. I'm up to appx 80% in the market right now.

Yeah, I've had some wild swings- thats what you get being overweight in one sector- but its worked well for me over the decades. A few years there it was (Obama admin) Health Care...and (Bush) Oil....but I always had a big chunk in Tech ETF's- VGT and QTEC. I've owned a pretty good % in Oil off and on for a lot of years...but now I'm all out. Same with HC. I'm a ride the wave in individual sectors guy- easy to do now with ETF's.

FWIW, I wouldn't rebuy that exact portfolio I have right now- some of those are overvalued. I would re-buy QTEC, MU, META.

Hat tip to @MThoundhunter, I'm going to take a deeper look at SLDP and solid state battery tech over Christmas. That tech will be huge. A good start for those interested in this is HERE at Matt Ferrell's Undecided website, article "Solid state batteries, Hype vs Reality"

You seem like the kind of guy who might be interested in JOBY and ACHR, they are EVTOL aviation companies which seem to be at the forefront of that industry.


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[Beendare]

You seem like the kind of guy who might be interested in JOBY and ACHR, they are EVTOL aviation companies which seem to be at the forefront of that industry.

Appreciate the suggestions BUT otherwise they both have terrible charts and negative earnings....there could be some recent breakthroughs, I didn't look past basics...... those are way too risky for me.

 

[jyen]

I have a feeling that they will continue to keep printing. I look for the markets to keep going up

 

[Pharmseller]

Oops, down 45 cents.

Up 28 bucks!

 

[Beendare]

I know this thread is more about stock ideas.....BUT This is a good time to re-evaluate investment portfolios like 401k's, IRA's and what investments you have that stuff in.

For example, my wife has one small retirement account and I was checking the funds she has it invested in and they are TOTAL DOG funds [+ 8%]. Its my fault, at the time I told her to put part of it in a small cap fund- for a little diversification (which I believed in more at the time) That small cap fund has underperformed like crazy. It's such a small account I never really look at it....well I should have as over a decade long period it really matters. That particular account has crap choices...bummer I can't move it to something good.

I have another account that is probably a lot like the 401k or investment accounts many here own for retirement. Screen shot is the available investments in an easy to evaluate chart. Partial chart, it's actually 3 pages with this outfit. Keep in mind, with these Funds, the best in one year might underperform the next.


Just saying, it's worth eyeballing these every year just to make sure we are on the right track. Merry Christmas guys.

 

[HuntHarder]

My 401k was at 17% this year. Overall, I'm happy, but feel like I could have done better had I managed it a little better. I trade 10% of it in 401k brokerage and the other 90% is split amongst 3 funds.

 

[Danny Hoey]

I’m down 1% for the year in my brokerage account thanks to my yield max plays. But up 72% in my ROTH due to KULR, BSKY and APLD. 457 is sitting at 15.2% which is just in general mutual funds. So if I average it all out I would guess it’s all about the same for me.

 

[LFC911]

View attachment 990292

Just saying, it's worth eyeballing these every year just to make sure we are on the right track. Merry Christmas guys.

Love Contafund for the long term in a company 401k w/o a lot of options.

 

[Beendare]

Love Contafund for the long term in a company 401k w/o a lot of options.

Agreed, I've owned it for over a decade. The top 4 funds is what I have this one account in. That Contrafund has done 12.5% over a 10 year period- thats not bad especially in this account where I don't have to pay the taxes on their trades/changes.

I stick to ETF's in my regular account which build tax deferred, We only pay the tax when we sell them.

 

[Pharmseller]

Good year for me, thanks to NVDA, VOO, and PLTR, up 89.7% YTD.

One 401k is up 14%, the other is up 13.6% YTD.

Wife’s 401k is up 20% YTD, her IRA is up 65% YTD.

Not complaining. Blessed more than I deserve.

 

[LFC911]

My wife is over 59.5, so we have her funds in a Fidelity traditional and Roth IRA, which i'm actively trading stocks and ETF's. I am not day trading the same stock but I am typically selling them within a year, which triggers short term capital gains.

Stupid Question - Other than paying the higher taxes when I'm cutting/minimizing losses or harvesting gains, is there any downside to doing this kind of activity?

Let me have it!

 

[KsRancher]

My IRA is up a whopping 8.5% because my dumbass decided to put 1/4 of it in IBIT and FBTC. Would be up 20% if I had put those funds VOO and QQQ instead

 

[Crowmangler]

Stupid Question - Other than paying the higher taxes when I'm cutting/minimizing losses or harvesting gains, is there any downside to doing this kind of activity?

I don't know the exact answer to this question, but nobody ever got hurt by taking profits. On the other hand, I have held stocks longer than I really wanted to just to be able to pay long term vs short term cap gains taxes. Which resulted in me losing more value in the stock than I would've paid in taxes.

 

[LFC911]

I don't know the exact answer to this question, but nobody ever got hurt by taking profits. On the other hand, I have held stocks longer than I really wanted to just to be able to pay long term vs short term cap gains taxes. Which resulted in me losing more value in the stock than I would've paid in taxes.

That was my thinking as well, thanks for confirming.

 

[logem]

Stupid Question - Other than paying the higher taxes when I'm cutting/minimizing losses or harvesting gains, is there any downside to doing this kind of activity?

Keep track of the lots, and only trade those that are invested over 12 months, unless absolutely necessary. You're leaving a lot on the table by paying the additional short term capital gains taxes. Over years, this could cost you a lot of compounding or investable cash out of pocket..

Treat the investments like your dollar cost averaging into them. Use the same principle when selling off investments. Don't sell most or all of one investment in several month's time. Sell gradually over 6 months to a year to avoid short term gains.

 

[HuntHarder]

Every situation is different when it comes to timing a sell order. Short term stock gains are taxed at ordinary income rate. Long term ( over a year held) are taxed at 0%, 15%, 20% depending on income amount, with majority falling into the 15% column. You may need to or want to offset a gain with a loss. I sell some short term if I feel like it may drop more than the difference between short term gains and long term gains. Some money costs you more money waiting for it to come back, vs. Investing it in a stock that is gaining at a faster rate.

 

[Ucsdryder]

Every situation is different when it comes to timing a sell order. Short term stock gains are taxed at ordinary income rate. Long term ( over a year held) are taxed at 0%, 15%, 20% depending on income amount, with majority falling into the 15% column. You may need to or want to offset a gain with a loss. I sell some short term if I feel like it may drop more than the difference between short term gains and long term gains. Some money costs you more money waiting for it to come back, vs. Investing it in a stock that is gaining at a faster rate.

That’s why I just put it in there and leave it. I figure in 30 years I’ll need it….

 

[HuntHarder]

That’s why I just put it in there and leave it. I figure in 30 years I’ll need it….

Honestly, if you did that and put it in some solid, track proven funds, you would likely be ahead of most investors.

 

[Ucsdryder]

Honestly, if you did that and put it in some solid, track proven funds, you would likely be ahead of most investors.

Yeah, I don’t have the stress tolerance. If Stifel goes under I’m screwed.

 

[cubdriver84d]

My retirement account is up 19% ytd thanks to going heavy on an international index fund (and no thanks to some poorly timed btc exposure). International indexes beat domestic ones by a fair bit this year. Anyone have thoughts on whether that will continue into the upcoming year?