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Buying Opportunity

Posted on 2/2/25 at 8:29 pm
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
5402 posts
Posted on 2/2/25 at 8:29 pm
So what do the fine folks of the MB have their eyes on tomorrow? I've been hanging on to cash since the summer waiting to jump back in, still need some help recovering from a couple AT recommendations, and don't get me started on SLI
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 2/2/25 at 8:49 pm to
Read the NBIS thread.
It’s my largest holding for a reason.
Posted by jamiegla1
Member since Aug 2016
7893 posts
Posted on 2/2/25 at 8:56 pm to
You can always buy SLI on the cheap
Posted by LSURussian
Member since Feb 2005
133572 posts
Posted on 2/2/25 at 8:57 pm to
quote:

I've been hanging on to cash since the summer waiting to jump back in
So you sat out a 12% rally since the summer and now that the futures have backed off 1.5% you’re ready to jump back in?
This post was edited on 2/2/25 at 9:22 pm
Posted by bulldog95
North Louisiana
Member since Jan 2011
21188 posts
Posted on 2/2/25 at 9:46 pm to
AMD
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
5402 posts
Posted on 2/2/25 at 10:20 pm to
It was in late September, so I missed out on less than half that 12% you speak of. Also, it was just my play money stuff. Thanks for your recommendations by the way.
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
5402 posts
Posted on 2/2/25 at 10:38 pm to
Thanks, just read it and will do some DD for a bit tonight. Will definitely be on the radar in the morning.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
7268 posts
Posted on 2/3/25 at 2:56 am to
Any of the Mag7. If I had to pick one: TSLA
Posted by FLObserver
Jacksonville
Member since Nov 2005
15797 posts
Posted on 2/3/25 at 3:23 am to
Been wanting to buy more MSFT for a while. I stopped buying at 360 would love to get to mid 300's again.
Posted by beaverfever
Arkansas
Member since Jan 2008
35411 posts
Posted on 2/3/25 at 5:29 am to
IBIT
Posted by SlidellCajun
Slidell la
Member since May 2019
15977 posts
Posted on 2/3/25 at 6:22 am to
Looking at the VUG etf, Tesla and amazon
Posted by saint tiger225
San Diego
Member since Jan 2011
46288 posts
Posted on 2/3/25 at 6:37 am to
quote:

I've been hanging on to cash since the summer waiting to jump back in

Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 2/3/25 at 6:51 am to
Buying opportunity for sure. Bought a good bit of XRP (dollar cost average) I'm in at an avg of 2.72. I'll take that!
Posted by KWL85
Member since Mar 2023
3125 posts
Posted on 2/3/25 at 7:40 am to
Feels volatile. It is just a guessing game today. I wasn't planning to make any changes, and will stick to that and just watch.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 2/3/25 at 8:05 am to
Same. I do need to fund my wifes IRA for 2024 and this might be a good time to get a dip.




Or not.
Posted by LSURussian
Member since Feb 2005
133572 posts
Posted on 2/3/25 at 8:07 am to
My apologies.

It's just one of my pet peeves which makes me irrationally angry when I hear someone getting in, getting out, getting in, etc., the stock market and think they can time the market and get superior results.

I guess I'm a firm adherent to Warren Buffett's tenet, "It's not timing the market that builds wealth, it's time in the market that does."

In your case, maybe consider buying into a solid, long time S&P 500 mutual fund or ETF and reinvest the dividends and then go away.

My best wishes to your success.
This post was edited on 2/3/25 at 8:14 am
Posted by mule74
Watersound Beach
Member since Nov 2004
12523 posts
Posted on 2/3/25 at 9:10 am to
Based on the long term history of the US stock market, it is ALWAYS a buying opportunity.
Posted by sonoma8
Member since Oct 2006
8079 posts
Posted on 2/3/25 at 9:47 am to
Just picked up some RCAT…hopefully it shows some improvement
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 2/3/25 at 1:30 pm to
quote:

Just picked up some RCAT…hopefully it shows some improvement

Nice trade.
Posted by Naked Bootleg
Premium Plus® Member
Member since Jul 2021
3252 posts
Posted on 2/3/25 at 2:01 pm to
OKLO, CLS, MSTR, TEM, and and OPFI. I got in & got out on all but OKLO which is now up 11.5%. Yuge day!
This post was edited on 2/3/25 at 3:35 pm
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