2011 Off topic thread(basketball,movies,etc whatever)

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  • MMA_scientist
    Senior Member
    • Nov 2009
    • 9857

    Oh I know for sure I can get a better ROI betting than in stocks. The tough part is finding someone to take bets that large in Indiana. If I had a real sports book here, I would be playijng with a lot more money. I don't trust online books very much.
    2012: +19.33
    2012 Parlay project: +16.5u

    Comment

    • MMA_scientist
      Senior Member
      • Nov 2009
      • 9857

      Originally posted by Mr. IWS
      So I lost my job like 3-1/2 years ago, and hit some hard times, so instead of rolling my 401k with my new employer, I had to take that shit with the penalty and spend it. I have been dicking around not getting a new 401k with all this market shit going on.

      Any thoughts? Should I wait more? Maybe through it in some low risk fund? What say you?
      You should have gotten back in in 2008. Sounds like you sold low and are going to buy high. The market still is down from where it was prior to the crash though... your guess is as good as anyone's as to where the market is headed in the short term. If you are in it until retirement age though, it really isn't going to matter your entry point. So yeah, you should get back in- definitely definitely so if you have an employer match.
      2012: +19.33
      2012 Parlay project: +16.5u

      Comment

      • sbjj
        Senior Member
        • May 2010
        • 1418

        I have no clue IWS. The way the market is right now I just do not know. I do not know if it is the big boys, computer trading or what. But this year has been so volatile. I bought a stock a couple of months ago for around 7 bucks, it has since gone to 10 and is now back to 7.

        FMCN...a chinese stock was trading @ 24 or something. A newsletter came out saying it was a fraud. It dropped to 9 bucks in 1 day. It is now 21 bucks just a week or 2 later. Just so much shady shit going on.

        Comment

        • MMA_scientist
          Senior Member
          • Nov 2009
          • 9857

          The information is just not available to us regular guys. Each company has a whole team of accountants trying to make the company look better than it really is, and if you try to follow analyst predictions (the equivalent of betting touts) by they time they are all hot on a stock, their hype has already been priced in and it is on its way down. It is really damn difficult anymore. I have always been a value guy, mostly what you would call a "quant"- but I can seem to separate the wheat from the chaff. I might as well throw darts.
          2012: +19.33
          2012 Parlay project: +16.5u

          Comment

          • sbjj
            Senior Member
            • May 2010
            • 1418

            Probably be wise to just stick with something you know. I bought AAPL after its recent pullback because I know it. And I know they will be kicking ass for at least another year or two. But part of the reason for their latest downturn was the talking heads on CNBC and Goldman Sachs talking it down. HHHMMM, I wonder why they would talk down AAPL right before the holidat season and right before AAPL is most likely going to report HUGE record earnings. When it comes to wall street, they are all in it for themselves. Might be wise to buy after the big boys say sell and sell when they say buy.

            Comment

            • MMA_scientist
              Senior Member
              • Nov 2009
              • 9857

              Just do the exact opposite of whatever you think you should do in every situation and you will probably be golden.
              2012: +19.33
              2012 Parlay project: +16.5u

              Comment

              • sbjj
                Senior Member
                • May 2010
                • 1418

                Mitt Romney actually answered an investment question recently. He said that when he is the most fearful and feels like he is ready to give up, he buys. I thought it was pretty spot on. But that shit is way easier to say than to do. And it is also advice from a mormon.

                Comment

                • MMA_scientist
                  Senior Member
                  • Nov 2009
                  • 9857

                  Well i am fearful when the market is up and when the market is down and when the market is sideways (all for different reasons). Dollar cost averaging is really the only way I feel ok investing a lot. I have a mad money account that I buy individual stocks with, and it has never really bothered me until recently when I can't seem to do anything right. The money in my actual retirement accounts is pretty boring and DCA there so it doesn't bother me too much
                  2012: +19.33
                  2012 Parlay project: +16.5u

                  Comment

                  • Mr. IWS
                    215 Hustler
                    • Sep 2006
                    • 98671

                    Thanks for the feedback homies. I might jump back in next month.
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                    Comment

                    • Ludo
                      Senior Member
                      • Jan 2010
                      • 4931

                      Originally posted by sbjj
                      And it is also advice from a mormon.
                      2013: +8.24u(increased unit size on 5/19)
                      Favorites: 20-6 + 6.13u
                      Underdogs: 10-19 -2.51u
                      Ludo's Locks Parlay Project: +1.4u

                      2012: +20.311u

                      Comment

                      • zY|
                        Senior Member
                        • Sep 2009
                        • 8385

                        BOL at 225 pound division. As if the HW division doesn't suck enough ass, as is. Let's split it in half.

                        As for 125, I'm sure there are plenty of 115 pound Shooto queers who would love the opportunity.
                        Triple-six killers in this motherfucker runnin shit

                        Comment

                        • Mr. IWS
                          215 Hustler
                          • Sep 2006
                          • 98671

                          CP3 to the Lakers? Oh noes
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                          Comment

                          • Luke
                            10 year vet
                            • Oct 2006
                            • 30060


                            another weight class no one cares about


                            inb4 Ken Flo cuts off an arm so he can make 125
                            2015 MMA BETTING CHAMP


                            Comment

                            • Luke
                              10 year vet
                              • Oct 2006
                              • 30060

                              Originally posted by Mr. IWS
                              CP3 to the Lakers? Oh noes

                              Saw they are trying to get Howard too. That = dream team........and not the Philly kind
                              2015 MMA BETTING CHAMP


                              Comment

                              • Mr. IWS
                                215 Hustler
                                • Sep 2006
                                • 98671

                                Originally posted by Luke
                                another weight class no one cares about


                                inb4 Ken Flo cuts off an arm so he can make 125


                                haaaaaaaaaaaaaaaaaaaaaaaaaaaaa

                                I wonder which 25'er beats Kenflo to defend the belt? Next stop for Florini.............Post op status and a move to womens MMA.
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                                Comment

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