VGStockz: General Questions

[Ail]

happydolphin said:

Ail said:

I would be cautious about thinking Nintendo is going to go up because of the announcement.
The main reason stocks have been up this week is QE3 , not any WiiU price announcement...
I mean it would be really hard for anyone owning stocks to actually manage to be down this week...
The challenge is to keep doing this over much longer period...
That being said the market has been up too much this year and I fear a correction coming ( my portfollio is up 17% this year and it's really diversified , including 20% bonds holding...)

On the gaming front, as I had hoped TTWO has almost erased most of its earlier losses..

1 more weeks and part of my Apple position becomes long and I can take some profit off the table while minimizing my taxes ( Apple is up 74% since I purchased it, Im planning to sell some at 700$).

 

 

And I hate to pile on what's been said higher in this thread but you don't play on the stock market with money you're going to need in the next 6 months, all the money in my portfollio is money i won't need in the next 20 years ( meaning not till I retire).

What's QE3? (Noob question) If it's an American thing, the japanese stock of Nintendo went up 7% too.

@your last point, I'm learning the hard way :P

QE3 is the new round of stimulus anounced by the the Feds, it has heavilly boosted the stocks market worldwide these last two days..

 

I'm waiting on 700$ for Apple and that's about it ( S is up 122% since I purchased but not ready to sell yet). Question right now is what to reinvest in...

Right now I own AAPL, BAC, GE, GOOG, MSFT, NVDA, S and TTWO and a bunch of stock and bonds funds...