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DAP Forums > Other Topics > Other Topics

Stocks to buy long term

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#1
05-16-2022, 12:42 PM
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Joined in Sep 2017
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Red neck's Avatar
Red neck
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What are you guys buying right now since the stock market is going down.

I have been buying:
Intel
Starbucks
Disney
Chase
Bank of america
VOO
VTI
Microsoft
COIN
SQ
META
Paypal


Speculative Stocks
FUBO
WISH
DKING
SPCE
LCID
HOOD


Crypto
Bitcoin
Will add more once I have enough BTC
ETH
Cardano
Sol
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#2
05-17-2022, 10:48 AM
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Joined in Apr 2009
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fl_dreamer
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Quote:
Originally Posted by Red neck View Post
What are you guys buying right now since the stock market is going down.

I have been buying:
Intel
Starbucks
Disney
Chase
Bank of america
VOO
VTI
Microsoft
COIN
SQ
META
Paypal


Speculative Stocks
FUBO
WISH
DKING
SPCE
LCID
HOOD


Crypto
Bitcoin
Will add more once I have enough BTC
ETH
Cardano
Sol


Why Starbucks? I am all for VTI/VOO

I have SPCE and LCID and that shit is DOWNNNN


I am also down on Cardona and ETH. Wondering if I should sell and buy (wash sale rules don't apply) or just hold for long-term.
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Last edited by fl_dreamer; 05-17-2022 at 10:53 AM..
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#3
05-17-2022, 12:55 PM
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Quote:
Originally Posted by fl_dreamer View Post
Why Starbucks? I am all for VTI/VOO

I have SPCE and LCID and that shit is DOWNNNN


I am also down on Cardona and ETH. Wondering if I should sell and buy (wash sale rules don't apply) or just hold for long-term.
Starbucks has been doing buy backs and increasing their dividend yoy plus they are even lower than pre pandemic levels.

Im going to buy maybe 1 or two ETH and 1000 ADA to dollar cost average.
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#4
05-17-2022, 02:35 PM
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Recession is coming.. no starbucks during recession lol

I am trying to avoid looking at Crypto right now.. the unrealized loss is too painful to look at.
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#5
05-17-2022, 03:54 PM
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Quote:
Originally Posted by fl_dreamer View Post
Recession is coming.. no starbucks during recession lol

I am trying to avoid looking at Crypto right now.. the unrealized loss is too painful to look at.
Honestly I dont see a recession and if we do it will be very mild.
My reasoning behind this is because of the low unemployment and abundance of jobs available. Last time we had a recession I dont remember soo many jobs available with such high wages.
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