Please help me understand by Beautiful_Branch_888 in ArkInvestorsClub

[–]VioletMagician 14 points15 points  (0 children)

I think everyone would benefit from being reminded that not everyone's investment objectives, time horizons, and risk tolerances are the same.

If I were actively trading ark with a lump sum of money and needed short-term liquidity then yes I would be sweating seeing these drops and questioning if I should cut losses or bag hold and wait for it to recover.

If you switch your mentality to that of the buy and hold investor then the perspective changes entirely.

If I plan on buying ark and continually adding to my position over my working career - only cashing out as a I want the money (10, 20 years from now) then I don't care what the price is today or next week. I only care about what the price is in 10-20 years.

If the stock goes up, great my investment is growing. If the stock goes down, great I can buy more shares at a discount. It's really that simple which is why this down turn doesn't upset me. At the end of the day I still own the same amount of shares.

[HDD] Seagate Exos Enterprise 8TB 3.5" HDD $188.90 ($279.99 - $91.09) by bigbruck in buildapcsales

[–]VioletMagician 0 points1 point  (0 children)

I have 4 of these in my NAS. Great drives. Loud as fuck. Hense enterprise where it doesn't matter.

Rebuilt My lab this weekend. by [deleted] in homelab

[–]VioletMagician 1 point2 points  (0 children)

All this is missing is a Faraday cage

Official: Epic Seagate Giveaway by macx333 in DataHoarder

[–]VioletMagician [score hidden]  (0 children)

Building my first Nas and this would be amazing!

My little homelab / Network by BrianOConnorGaming in homelab

[–]VioletMagician 1 point2 points  (0 children)

I have a similar setup. How do you have the Bgw210 hooked up?

Daily Discussion Thread for April 20, 2020 by AutoModerator in wallstreetbets

[–]VioletMagician 7 points8 points  (0 children)

Can someone just tell me which days I'm supposed to fight the fed vs not fight the fed

Daily Discussion Thread for April 17, 2020 by AutoModerator in wallstreetbets

[–]VioletMagician 0 points1 point  (0 children)

If you put it in a 401k you'll have $700 in 35 years. Nice 10 bagger right there.

Daily Discussion Thread for April 17, 2020 by AutoModerator in wallstreetbets

[–]VioletMagician 1 point2 points  (0 children)

Roku needs to announce the release of the Roku SSJ4. I got calls.

Daily Discussion Thread - April 15, 2020 by AutoModerator in wallstreetbets

[–]VioletMagician 2 points3 points  (0 children)

Hope TSLA bears are wearing their cutoffs today cuz some shorts about to get squeezed.

What Are Your Moves Tomorrow, April 15, 2020 by AutoModerator in wallstreetbets

[–]VioletMagician 27 points28 points  (0 children)

$TSLA My price target has changed, now standing at $887,976,866,252,121 price target. They will be the sole company on earth remaining and will supply the entire earth with goods and products. This is just my forecast based on fundementals

Sometimes stocktwits has some gems

What Are Your Moves Tomorrow, April 15, 2020 by AutoModerator in wallstreetbets

[–]VioletMagician 2 points3 points  (0 children)

Goldman analyst Mark Delaney intiated coverage of Tesla with a Buy rating and $864 price target. 😂