making Adobe pay for my CC

[JeffGreenberg 430]

Have been watching ADBE stock-equity;

yesterday it dipped in a way that caused me to jump on it;

http://www.nasdaq.com/symbol/adbe/stock-chart

looking for a several percent rise & then selling;

using profit to fund (possibly) many years of CC at ?$10? per month...?

(is there further discount for annual subscription?)

am not encouraging others to do this, as there is a gamble involved,

especially now, NKorea events could cause all stocks to drop, but...

Edited August 11, 2017 by JeffGreenberg
added chart

[Allan Bell 1,239]

 

Wish I had bought into Apple 7 years ago.

 

Allan

 

 

[JeffGreenberg 430]

Did. 

And FB.    

Not 7 yrs ago, but several...

[Allan Bell 1,239]

 

Lucky you.

 

Good luck and all the best.

 

Allan

 

 

[JeffGreenberg 430]

Until it all crashes.

Or worse, a slow slow decline over many years.    

The former can bounce back more quickly...

[Johnnie5 215]

Everything dipped yesterday because of the talk of war with North Korea.  Maybe you should buy a fallout shelter and radiation suit.

[JeffGreenberg 430]

9 minutes ago, Johnnie5 said:

Maybe you should buy a fallout shelter and radiation suit.

 

Would rather invest in company now selling them...

Am near-antipodal to NK, whereas you...!!!!!!!    

Edited August 11, 2017 by JeffGreenberg
to promote tremendous fear & worry

[Russell Watkins 676]

At least if there's a nuclear war, we'll have some new editorial stock subjects to shoot.

 

 

[geogphotos 827]

Jeff,

 

Adobe will make you pay through their microstock site taking sales from you.

[JeffGreenberg 430]

Regardless.

[geogphotos 827]

I'd buy stock in Alamy if they went public with ambitious plans to take on the stock photo market with exciting new initiatives.

 

Really, I would. 

[geogphotos 827]

20 minutes ago, JeffGreenberg said:

Regardless.

 

Yin and Yang

[John Mitchell 2,156]

3 hours ago, Johnnie5 said:

Everything dipped yesterday because of the talk of war with North Korea.  Maybe you should buy a fallout shelter and radiation suit.

 

They should be sellin' like hotcakes here in Vancouver soon.

 

I make a joke, but it's no joke at all...

[geogphotos 827]

Seems utterly surreal to me to be buying and selling shares on the ups and downs of a possible nuclear war.

 

 

 

 

 

 

 

 

Edited August 11, 2017 by geogphotos

[JeffGreenberg 430]

Some believe market over-reacts to almost ALL events.

Then eventually readjusts...

Until the next over-reaction...

Negative over-reactions, positive over-reactions, buy-sell-buy-sell etc etc

 

 

[geogphotos 827]

10 hours ago, JeffGreenberg said:

Some believe market over-reacts to almost ALL events.

Then eventually readjusts...

Until the next over-reaction...

Negative over-reactions, positive over-reactions, buy-sell-buy-sell etc etc

 

 

 

 

Not blaming you for a second Jeff.

 

I did the same thing the day after the Brexit vote when the shares plummeted.

Edited August 12, 2017 by geogphotos

[funkyworm 820]

14 hours ago, JeffGreenberg said:

Some believe market over-reacts to almost ALL events.

Then eventually readjusts...

Until the next over-reaction...

Negative over-reactions, positive over-reactions, buy-sell-buy-sell etc etc

 

 

 

 

I follow much the same principle... but if I beleive in the company will keep the difference in shares.

[JeffGreenberg 430]

Bam!

Sold all my ADBE now 20 days later.

Years of CC covered after taxes at current pricing.

Not buying CC right off, but more relaxed about it...

Edited August 30, 2017 by JeffGreenberg

[Johnnie5 215]

Actually using Adobe CC might make you some money too.

[JeffGreenberg 430]

1 minute ago, Johnnie5 said:

Actually using Adobe CC might make you some money too.

 

Clarification: not upgrading from my current CS6 to CC immediately, but when,

considering my skill limitations, CC is an undeniable advantage vs. CS6...

[MMiller 10]

Nice job, Jeff. It's always rewarding to make the correct call in a stock trade. I just looked at the ADBE 3 month trend and it has been steadily increasing, with a few dips and upward corrections along the way.

 

Believe me, I am no financial investing expert, however I think it is more and more evident that 'trading' overall is a tough way to go. That's because you might hit a few wins in a row when you buy on dips and resell on the rebounds, except that  every once in a while, that dip may actually compound into a long, downward trend, perhaps the beginning of a major market correction, or financial problems of the particular company.

 

Then you are stuck. If you sell for a loss to prevent further loss, maybe that rebound was just around the corner. If you hold on waiting for that rebound, the stock price might continue to decline, and it might be years before it returns, if ever. The flip side is that if you buy and sell the stock of a growing company, you are limited to just a small gain,

from the dip to rebound price. If the stock price then leaps much higher, then what do you do on a dip? Do you wait for a bigger dip at a lower price, or try trading at much higher prices?  If you just held on thru dips and rebounds, you would see a lot more profit in a rising stock. 

 

The 'trick' with stocks is to be an investor, not a trader. Those who make the big bucks in stocks buy and hold a diversified portfolio for the long term, or like Warren Buffet says, forever. The dividends pay handsome incomes alone, while stock appreciation is tax free until sold. 

[JeffGreenberg 430]

On 9/9/2017 at 15:38, MMiller said:

'trading' overall is a tough way to go.

 

 

Agree.

Am never trader, but am sometimes short-term investor.

Always prepared to hold long-term, always willing to sell short-term if gains are quick & reasonable.

ADBE dipping again &, if a bit more, maybe another chance for Adobe to pay even more of my future CC!!

(not advising anyone else to do same...)

[JeffGreenberg 430]

BAM!  My second round ADBE purchase Sep 25 sold this AM

as price surged beyond all expectations -- free CC for life...

(but staying with CS6E until powerful reasons make CC learning curve acceptable)

[JeffGreenberg 430]

And a 3rd stab at ADBE upon a sharp dip this morning...

(still using CS6E)

[JeffGreenberg 430]

2 days ago a 4th time...

wild market ups & downs,

may have to hold awhile, patience pays...