 |
|
06-18-2010, 07:25 AM
|
#21
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
|
The world will only end once. All other downturns are merely buying opportunities
A stupid idea looks exactly like a brilliant idea, right up until the moment that it fails
__________________
learn, work, save, invest, fire
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
06-18-2010, 07:38 AM
|
#22
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2009
Posts: 6,695
|
 Quote:
Originally Posted by David1961
Buy low, sell high.
|
I learned this one from watching a Flintstones episode when I was about 8 years old. So simple even a child can understand it! 
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
|
|
|
|
|
06-18-2010, 08:21 AM
|
#23
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
Variations of "Buy low, sell high" include:
1) Sell high (shorting), then buy back low (covering)
2) Sell low, buy back even lower
3) Buy high, sell even higher
So many ways to make money, and why am I not a decamillionaire? 
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
|
|
|
|
|
06-18-2010, 08:27 AM
|
#24
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
|
The stock market teaches you to lose.
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
|
|
|
|
|
06-18-2010, 09:46 AM
|
#25
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
Quote:
Originally Posted by RonBoyd
Sheep get sheared;
Pigs get fat;
Hogs get slaughtered.
|
At what point do fat pigs get relabeled as hogs?  
I guess I still have some time to ponder that question. Still working on getting fat first. 
Signed: Skinny Pig
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
|
|
|
|
|
06-18-2010, 10:29 AM
|
#26
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
|
Quote:
Originally Posted by NW-Bound
At what point do fat pigs get relabeled as hogs?
|
Yeah, I suppose the flip-side is also a useful maxim: "Greed is good."
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
|
|
|
|
|
06-18-2010, 10:46 AM
|
#27
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2009
Posts: 1,934
|
Lots of good ones. Of those I hadn't heard before, I think my favorite is
Quote:
|
The world will only end once. All other downturns are merely buying opportunities.
|
__________________
And if I claim to be a wise man, it surely means that I don't know.
|
|
|
|
|
06-18-2010, 11:05 AM
|
#28
|
|
Full time employment: Posting here.
Join Date: Apr 2009
Posts: 939
|
Buy low, sell high. Also - don't fall in love with a stock. If it goes down too far below your cost, get rid of it (unless there is some other reason to keep it, like a huge dividend.)
Don't be afraid to take calculated risks.
__________________
I used to be “Thinker25” here. Retired at 62, now 73 (in 2021), no regrets & single again. I love it. I’m in RI.
|
|
|
|
|
06-18-2010, 11:42 AM
|
#29
|
|
Dryer sheet wannabe
Join Date: Apr 2010
Posts: 21
|
Quote:
Originally Posted by CyclingInvestor
The world will only end once. All other downturns are merely buying opportunities
|
This one is my favorite too. Great thread. All the ones I know are already up here.
|
|
|
|
|
06-18-2010, 11:53 AM
|
#30
|
|
Moderator Emeritus
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
|
Seek only your fair share.
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
|
|
|
|
|
06-18-2010, 12:05 PM
|
#31
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2008
Posts: 13,141
|
Sell to your sleeping point.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
|
|
|
|
06-18-2010, 12:17 PM
|
#32
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
|
Buy when everyone else is selling.
Always leave some gains for the guy you are selling to.
__________________
For the fun of it...Keith
|
|
|
|
|
06-18-2010, 12:36 PM
|
#33
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: Independence
Posts: 7,296
|
Quote:
Originally Posted by kcowan
Buy when everyone else is selling.
Always leave some gains for the guy you are selling to.
|
bind not the mouths of the kine that tread the grain
|
|
|
|
|
06-18-2010, 01:41 PM
|
#34
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
|
Quote:
Originally Posted by calmloki
bind not the mouths of the kine that tread the grain
|
The difference here is that the kine are at least doing something of obvious value:
"If one of your researches invents something that will make the company millions, he deserves more than a slap on the back, especially when the top executives are probably getting paid millions."
__________________
For the fun of it...Keith
|
|
|
|
|
06-18-2010, 02:41 PM
|
#35
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
In the early 2000s, I read an interview with John Templeton where he said something to this effect: "I love to help people. When they want to sell, I buy from them. And when they clamor to buy, I sell to them".
I remember clearly that Templeton was so kind and helpful to people that during the tech mania, he even sold to them some dotcom stocks he didn't even have, meaning he was shorting. He didn't need the money, but couldn't help it. He made $80 million. 
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
|
|
|
|
|
06-18-2010, 04:00 PM
|
#36
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,490
|
buy when there's blood in the streets
|
|
|
|
|
06-18-2010, 05:30 PM
|
#37
|
|
Recycles dryer sheets
Join Date: Aug 2008
Posts: 388
|
"The best kept secret in the investing world: Almost nothing turns out as expected."
– Harry Browne
|
|
|
|
|
06-18-2010, 05:44 PM
|
#38
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,673
|
“Whoever cultivates the golden mean avoids both the poverty of the hovel and the envy of the palace.” Horace 23BC (Bogle on MF)
__________________
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
|
|
|
|
|
06-18-2010, 08:41 PM
|
#39
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2008
Posts: 13,141
|
It's only a paper loss until you sell. 
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
|
|
|
|
|
06-18-2010, 08:59 PM
|
#40
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
I still have a few individual stocks in my account that have become worthless, i.e. bankrupt, and there's nothing left to sell.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
