Fifth Avenue Forum

oh yeah. taking advantage of CC benefits is a great bonus as long as your spending is realistic. I use my CC as a debit card, pay off the balance every month and munch up the rewards

Source of the post I use my CC as a debit card, pay off the balance every month and munch up the rewards

That's precisely what I do. With Citi/AA, it was the signup bonus. Get a card, spend the required amount, earn the big bonus. Rinse, repeat. Played with fire, got burnt, but still had multiple trips free of charge, so it was all worth it in the end.

Chase tightened their rules on the Sapphire cards last year, I believe, so I'll probably just keep the CSP that I have, rather than trying to churn it.

I use my CC as a debit card, pay off the balance every month...

Not picking on you by saying this but I just want to point out that this is what a Charge Card is. (Not a debit card.)

you're a charge card

I need to learn to stop buying at market open.

DKNG seems healthy again. I'm up 2% from where I bought in yesterday.

Make that 3%. It's on a run. Giggity.

Let's hope that trend continues.

Oh no.

DKNG is running because Cathie Woods moved a bunch of it into ARK.

JFC, it is now doomed. I will be exiting soon...

I will say, an issue for me is procrastination. Instead of just setting a target - for buying or selling - I try and time things, and wind up procrastinating about whether or not I should just move forward. Gotta stop trying to time the absolute bottom/top.

Yeah. One thing that kind of cured that for me was waiting for the mid-day consolidation and buying in at that time since I knew there wouldn't be a drastic price change that would make me second guess.

Also, just setting a Limit order and then moving on to something else. That way I feel like I get my good low price and if the stock moves up away from me, oh well.

Source of the post Also, just setting a Limit order and then moving on to something else. That way I feel like I get my good low price and if the stock moves up away from me, oh well.

This is the method I want to start utilizing.

FUBOOOOO

After hours FUBO is good FUBO.

FUBOOOOO

You ruined the rally.

I got a note about staking my Ethereum. Can't sell, but make 6% APR. I don't plan on selling anyway, so I think I may go for it. Anyone else?

I was thinking about this FUBO today, and it dawned on me that I really have no set target here. Just seeing how things go. This applies to probably half of the stocks I own. I'm positive that dodint does, but do the rest of you set a goal for selling? Like, anything above 10%, start taking profits? I'm thinking that my number has to be higher than 10%, because I could just as easily throw my money into VTSAX and never worry about it ever again.

for my long term investments (effectively everything I own) I don't have any particular goal. Set it forget it and sell it in a a couple of years

Yeah, for anything I intend to hold for more than one year, that's my plan. This would be for the sub-1 year stuff (FUBO, DKNG, etc.).

Targets are important to me but I don't like holding longer than a week.

TSLA is at $620 right now, and I'm very tempted to just cut my losses ($691sp) and get out of it...

For the stocks that I'm trying to pay the rent with, I have a target...it's a combination of amateur chart reading and getting what I want so I don't have to pay rent on my own...

Same. My trading is a second income stream. I can do one $500 take a week that's $26k a year of fun money I can spend on race cars and trips.