How much have you "lost" so far?

[cypher1]

Gotcha. Just another reason why I tell others around me to avoid individual stocks when starting out with investing. Like you and the others pointed out, focusing on MF, index funds, and ETFs would be the way to go. Or make it even simpler and have her lean towards a target fund. Nothing wrong with being highly aggressive, as long as it matches risk tolerance. With her age and starting so early, she's got another 35+ years till retirement to ride this out.

[Singuy]

So 462k cost basis->1.5 million -> 860k lowest day on march 18th-> 1.18 million today.

My individual stock portfolio.

[LivingAlmostLarge]

So 462k cost basis->1.5 million -> 860k lowest day on march 18th-> 1.18 million today.

My individual stock portfolio.

good job. How long have you had it? Amazing returns either way

[Singuy]

good job. How long have you had it? Amazing returns either way

Exactly 3 years, of course not with 462k all in 3 years ago. Took about 2.5 years to build up and haven't really put any new money in the past 6 months.

[LivingAlmostLarge]

Are you still holding on or cashing out?

[Singuy]

Are you still holding on or cashing out?

Holding on.

Tesla long term prospect is a 300-500 billion dollar company which means 5x-10x current sp
AMD long term prospect is 175 billion dollar company which means 3x current sp.

Might take 2 years, might take 5 years+. Either way I got here because I'm a long term holder, so nothing is going to change.

OH btw, new stock pick. Fvrr..1 billion dollar valuation today. I see big things from this one.

[Scallywag]

Singguy, how do you pick your stocks? TSLA has a huge P/E and enormous debt. Just wondering what your criteria is / are?

[Singuy]

Singguy, how do you pick your stocks? TSLA has a huge P/E and enormous debt. Just wondering what your criteria is / are?

I pick growth stocks only which all has 0 PE and long term debt. My criteria is competitive advantage, pace of innovation, and path for long term growth. These are all disruptors, companies that are suppose to take old inefficient company's place, or completely create a new way of life. The Total addressable market needs to be huge and these company's current market share needs to be very small. AMD has a 8% market share in servers, 18% marketshare in desktop and 12% in laptops. Tesla has 1% marketshare if they sell half a million cars. So this is what I mean by a path for long term growth.

I do this because I am always trying to find the next amazon or apple. But to find these companies when risks are high but has good long term potential. Apple and Amazons when the stock were cheap were cheap for a reason..meaning they also had lots of debt, looked like they were gonna go bankrupt, and had terrible PEs.

[Scallywag]

I pick growth stocks only which all has 0 PE and long term debt. My criteria is competitive advantage, pace of innovation, and path for long term growth. These are all disruptors, companies that are suppose to take old inefficient company's place, or completely create a new way of life.

I do this because I am always trying to find the next amazon or apple. But to find these companies when risks are high but has good long term potential. Apple and Amazons when the stock were cheap were cheap for a reason..meaning they also had lots of debt, looked like they were gonna go bankrupt, and had terrible PEs.

Got it! Was trying to get your thinking. Thanks for sharing!

[Singuy]

Got it! Was trying to get your thinking. Thanks for sharing!

I added a little bit more details on an edit of what I mean by long term growth.

Market share to me is very important. Company with good solid PE and the majority of market share are great dividend stocks, but if there's a nimble and more innovative company that comes along, then you have everything to lose with nothing to gain(since you already have the total addressable market. That to me is a dead end...constantly have to watch out for competitors who may pull a david vs goliath moment(like AMD and TSLA right now vs Intel/entire car industry).

[disneysteve]

Three weeks later and we're holding pretty steady, down $172,000.

Pretty decent recovery so far. We're now down about $51,000.

Let's see what this week brings as more earnings reports come in.

[Scallywag]

Pretty decent recovery so far. We're now down about $51,000.

Let's see what this week brings as more earnings reports come in.

Dow Futures down. I am not optimistic as I expect dismal first quarter earnings. But it may be time to buy!

[kork13]

Dow Futures down. I am not optimistic as I expect dismal first quarter earnings. But it may be time to buy!

I'm about to put in my next round ($1k) of limit orders for this week.

I've got a bunch of lower-market orders still active from the last 3-4 weeks... Only 2-3 orders (of probably 20 total) have gone through, but I still see some downside in the market, so I'm leaving the orders in place. But in the meantime, I'm being less pessimistic about my limit orders... Rather than 3-5% below previous close, I've been setting the last couple weeks' orders at just 1-2% below.

As always, we'll see what happens. "Worst" case, the markets go up, the orders never execute, & I find myself still sitting on the cash. Otherwise, I get to keep building up my portfolio with cheap shares!

[Scallywag]

I'm about to put in my next round ($1k) of limit orders for this week.

I've got a bunch of lower-market orders still active from the last 3-4 weeks... Only 2-3 orders (of probably 20 total) have gone through, but I still see some downside in the market, so I'm leaving the orders in place. But in the meantime, I'm being less pessimistic about my limit orders... Rather than 3-5% below previous close, I've been setting the last couple weeks' orders at just 1-2% below.

As always, we'll see what happens. "Worst" case, the markets go up, the orders never execute, & I find myself still sitting on the cash. Otherwise, I get to keep building up my portfolio with cheap shares!

What are lower market orders? If market is down then I will be buying.

[kork13]

What are lower market orders? If market is down then I will be buying.

Just what I'm calling the limit orders that I put in while the markets were lower, and will execute of the markets drop back down.

But as I said, I still see some significant downside coming... Earnings reports, plus the big-name bankruptcy fillings that are starting to get reported will almost certainly and markets downward again.