AnonymousDeac
Well-known member
Sold at 0.640. Was hoping for a bigger spike and maybe I sold too early but NBG isn't a long-term play I want to be exposed to.
what are you guys doing in advance of the potential interest rate increase in the next few weeks?
Hold and wait. But loving all the diversifying I did with LendingClub, right, Phan!?So tempted to get out of stocks right now but just hoping for a quick bump. Whats everyones strategy for the short term future?
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.”
― Benjamin Graham
“The true investor scarcely ever is forced to sell his shares, and at all other times he is free to disregard the current price quotation. He need pay attention to it and act upon it only to the extent that it suits his book, and no more.* Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stocks had no market quotation at all, for he would then be spared the mental anguish caused him by other persons’ mistakes of judgment.†”
― Benjamin Graham, The Intelligent Investor
i don't think this has been covered here, but feel free to link me and say "haas."
i am looking for a short to medium (6 to 18 months) term investment that would be better than keeping cash. doesn't need to be super liquid (ability to access in 7-10 business days). what are the options? a little weary of buying in to the market right now in that time horizon. would a bond mutual fund make sense? any other ideas?
So uuhhhh yeah.....The Stupidest Thing You Can Do With Your Money: http://freakonomics.com/podcast/stupidest-money/
tl;dr: no put them in index funds