Inderes Coffee Room (Part 7)

I sense depression. So a rise is about to begin. Of course, it could also be a feeling of hopelessness. Meaning we’re still sliding down :smile:

4 Likes

That chart isn’t accurate; even the noose bubble is missing entirely.

10 Likes

It would be nice to get an interview with Vilen, Kinnunen, and this more experienced Inderes analysis team about their current feelings and thoughts on the stock market in general, on conducting analysis and succeeding in it, and then, for example, on the Model Portfolio. :smile:
I think Vilen once said that “our job is to be right,” which I think is quite well put, even though they’ve been completely wrong about quite a few stocks lately – at least in the short term.
Hint. :wink: @Verneri_Pulkkinen

22 Likes

The last couple of days were spent in these vibes, so additions as follows;

Edit

Oops, this ended up in the coffee room :sweat_smile:

54 Likes

I bet we’re in capitulation.

9 Likes

Yeah, we’re not at rock bottom yet in terms of sentiment. People here actually think we’ll rise again some day :rofl: :rofl: Welcome to Pölhölä

50 Likes

I’m sure someone else has already said the same, but it looks like the rest of this year and all of next year will be spent eating oatmeal :smiley: All spare funds into stocks.

4 Likes

Stockbrokers should really send their clients a pack of Rennie and a branded puke bucket whenever their portfolio melts down enough.

4 Likes

Let’s remember the most important thing: we still have each other :smiling_face_with_three_hearts:. We could even find a new hobby where we can burn money and have a nice chat. How about drinking?

52 Likes

I hope that Nordnet’s Black Friday offer is free trading for stocks and ETFs.

9 Likes

The normalization of valuation levels has now begun! :disguised_face:

4 Likes

We’ve only been practicing it for two years, so it shouldn’t come quite so unexpectedly. Couldn’t they have given us some advance notice? :grinning_face_with_smiling_eyes:

13 Likes

I’m starting to feel a bit of defeatism myself. None of my investments seem to be hitting the mark, and the portfolio has been trudging through the mud since last spring. -6% at the time of writing. At least they pay dividends in the “long-term portfolio,” and so far, almost everything has turned a profit if I’ve waited long enough.

The bank claims that the portfolio’s performance since the beginning of the year has been +30%, but it certainly doesn’t feel like it. I’ve long suspected that I don’t even understand simple charts, as the portfolio’s performance curves claim a completely different reality than what I feel in my bones when looking at the portfolio. It definitely affects the mood that the portfolio is now at exactly the same figures as two years ago at its previous peak in November 2021.

I should become an index investor. I understand that I don’t understand, but I don’t know what I don’t understand, and that’s what’s so frustrating.

6 Likes

Fortunately, the youth are the future. An acquaintance who is a first-year industrial engineering student said they went on a corporate visit to a bank and were told that it’s worth investing abroad rather than in the “scam exchange” Pölhex.

44 Likes

Are you using OP? I’ve had a similar spike lately, so it’s possible the graphs got messed up in the Mandatum/Sampo demerger situation.

3 Likes

Actually, it’s OP (Maybe I’m not crazy after all!), but the chart’s strange vertical spike already happened back in 2021. I just haven’t figured out to this day where on earth it came from.
Edit: So no. I don’t trust OP’s charts.

3 Likes

I think I wandered onto the wrong board. No one warned this youngster to watch out for the Helsinki Stock Exchange bogeyman. It’s been a bit of an expensive hobby.

1 Like

Well, I took a beating in the market today too, but no worries, I can take a beating tomorrow as well. :smiling_face_with_three_hearts:

17 Likes

My old motto also works for investing:

“It went worse than yesterday, but better than tomorrow.”

42 Likes

When will Nalle buy Manta?

3 Likes