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re: Dang I missed my chance

Posted on 3/24/20 at 12:36 pm to
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 3/24/20 at 12:36 pm to
Hope we get one more surge if Congress can get it together. I’ll take some profits.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70998 posts
Posted on 3/24/20 at 12:43 pm to
It's still low compared to historical prices and those have traditionally been good dividend stocks.

Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70998 posts
Posted on 3/24/20 at 12:45 pm to
quote:

Kicking myself for not going all in on Royal Carribean at $22 yesterday. It’s already been up to $32 today





My initial deposit with etrade isn't available yet. I'm going to buy in as soon as I can.
Posted by Tri City Tigers
Member since Oct 2018
2343 posts
Posted on 3/24/20 at 12:45 pm to
quote:

The government is going to loan money to the cruise lines just like the airlines and hotels to help prop them up.




It will allow them to continue to pay their bills, but that stock price shouldn't go much higher if all their ships are still ported.
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 3/24/20 at 12:48 pm to
quote:

Hope we get one more surge if Congress can get it together.


With a run up like today, Congress may have to nail the stimulus package. Im assuming there will be some give and take if negotiations are taking this long. Could be a sell the news event if the market doesn't get exactly what it wants.
Posted by baobabtiger
Member since May 2009
4720 posts
Posted on 3/24/20 at 1:13 pm to
This and when 1st quarter earnings start being reported. I’m holding till then.
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 3/24/20 at 1:38 pm to
If you buy great companies on the cheap, you wont need to worry about the daily dips. Buy and Hold is how the rich get richer. Day trading eventually will get you, just like any casino.

Chevron is a great company paying a 9% dividend. 9% alone is a great return regardless of the stock growth. Invest for the long term - Good Luck!
Posted by ldts
Member since Aug 2015
2677 posts
Posted on 3/24/20 at 2:22 pm to
quote:

Do you think I missed my chance?


There's still going to be plenty of good buying opportunities. There's some good companies out there that may not give you an instant gain, but you can get locked into a good dividend yield with.

Main thing is to be careful about getting into thinking too much like this, can make it real easy to make rash decisions.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/24/20 at 3:05 pm to
quote:

If you buy great companies on the cheap, you wont need to worry about the daily dips. Buy and Hold is how the rich get richer. Day trading eventually will get you, just like any casino.


That having been said, I'm damn glad I called the top and sold everything. I just hope I called the bottom. :)
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