Economy Stocks thread v28: in loving memory of Rob Mafia and Brackis1

I have about $12k of uncommitted dividends and 2 CDs that just matured worth another $7k.

I'm thinking tomorrow will be the day to buy. Maybe I need to wait until next week. Or grab BTC if it hits 80k.

Decisions.
 
Waste Management is up today

Rotate into some safe haven
Yep. One of my favorite holdings. I’d love to own more, but it’s hard to get in at a good price. It’s just about as recession proof as a company gets. People are always going to produce garbage (unless things get so bad we literally start starving to death I guess, but then we have more important things to worry about than stocks).

WM has their own territory of the country to themselves. Wide moat, beautiful thing.

It’s 15% of Bill Gates’ portfolio btw. I’ve always like his port:

 
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You guys ready to buy after the first day!?
 
You guys ready to buy after the first day!?
I bought a little today. AMZN, GOOGL, MSFT, URI.

I’ve got a good amount of my port in cash, so shit really starts hitting the fan, I’ll be buying all the way down. Blood on the streets is when there is the most money to be made.

Billionaires turning into millionaires is a catastrophe worse than anything for the 1%, so a lot of powerful people are not going to let Trump fuck things up too much for too long here, I think.
 
I bought a little today. AMZN, GOOGL, MSFT, URI.

I’ve got a good amount of my port in cash, so shit really starts hitting the fan, I’ll be buying all the way down. Blood on the streets is when there is the most money to be made.

Billionaires turning into millionaires is a catastrophe worse than anything for the 1%, so a lot of powerful people are not going to let Trump fuck things up too much for too long here, I think.
I hope you're right, personally I need to see the slightest bit of evidence that Trump can and will be given guardrails like last time.
 
Portfolio slammed -3% this week.

I don't think there is any rush to buy into this market yet. I am sure Trump will strike some deals and so.

Buy strong companies that can whether the storm. I think the glory days of speculative junk and meme's maybe over for a while.

Just wish I had more cash to buy here.
 
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U.S. President Donald Trump's sweeping reciprocal tariffs announcement led to Wall Street's worst crash since COVID-19 on Thursday. The bleeding has continued on Friday, pushing the tech-heavy Nasdaq Composite (COMP:IND) to an ignominious milestone.

The Nasdaq (COMP:IND) was last -3.6% at 15,948.23 points. It has now slumped -20.9% from its most recent record close of 20,173.89 points notched on December 16, 2024. The gauge has officially entered bear market territory.
 
Ironically two of four stocks I hold are green atm.

Buying NU and GOOG on weakness. These will be long term holds for this decade. It’s time to at least nibble.
 
URI just passed Palantir as my biggest all time loser so at least my PLTR buy doesnt look as bad now

The kid wins again
 
URI just passed Palantir as my biggest all time loser so at least my PLTR buy doesnt look as bad now

The kid wins again
I told you it was a volatile one. And vulnerable in recessions.

But its future is still bright. I’ve been adding. It’s trading below 15x earnings now.
 
Kicking my self for not buying RACE a few years ago. It’s done well. Last 5 days it is only down like 1or 2% too.

Tariffs and all this won’t impact Ferrari. People will pay whatever Ferrari tells them to pay. Ferrari will even make people buy another Ferrari first, before they’ll let them buy the car they actually want lol.

And all of this, btw, accomplished with $0 spent on advertising.
 
I'm DCA'ing a little each day. Luckily I saved up some cash for this dip.
 
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