- Joined
- Oct 18, 2010
- Messages
- 9,258
- Reaction score
- 6,033
Take it out in cash.
Trade meaning day trade?
Between the bi-polar stock market, a hawkish fed, a once in a generation inflation rate and major geopolitical drama, there appears to be no safe place to park your money.
All the traditional "hedges" to equity investments like gold and real estate are also struggling. Buy Bitcoin? Say goodbye to your money. Buy Blue Chip stocks and/or the index? Say goodbye to your money. Stuff your money in a mattress? Inflation (and possibly moths) will eat away at your money.
The latest stock market swoon seems different this time around. Central Banks are sending a clear signal that their priority is the economy and not the stock market, so any allusions of reducing interest rates is unlikely to happen. Previous levers to help lift the economy out of a recession (stimulus funding, tax breaks etc.) are out of the question due to rising inflation.
I'm so tempted to average cost down or pick up some big names on the cheap (NVIDIA, META, AMD, SHOPIFY etc. etc. are all down 70+%), but it looks like things can get even cheaper. This past year has been brutal, and every pop has been sold off within days.
We live in a crazy time when a good jobs report tanks the stock market. I shudder to think what today would be like if we actually got some bad news.
Guess it depends on your age. I have no hesitancy to still contribute to 401k/ Roth. The market could be going down in the near future but I still expect massive gains in the long term.
Pretty much. Day trade or maybe a few days at most on something particularly juicy.
All positions closed out by the end of trading every Friday so I can sleep on the weekends.
This. My perspective is that everything is on sale right now.
This is the way.Just play both directions. Buy sqqq and tqqq, then sell a good chunk after each significant move either side to average down the other way. Don't think we'll be in buy and hold territory anytime soon.
Yeah good to tuck a hundred under the mattress for rent.I've decided to keep a sizable amount in cash.
Not sure but i am not going to give any investing advice but i will just say.Between the bi-polar stock market, a hawkish fed, a once in a generation inflation rate and major geopolitical drama, there appears to be no safe place to park your money.
All the traditional "hedges" to equity investments like gold and real estate are also struggling. Buy Bitcoin? Say goodbye to your money. Buy Blue Chip stocks and/or the index? Say goodbye to your money. Stuff your money in a mattress? Inflation (and possibly moths) will eat away at your money.
The latest stock market swoon seems different this time around. Central Banks are sending a clear signal that their priority is the economy and not the stock market, so any allusions of reducing interest rates is unlikely to happen. Previous levers to help lift the economy out of a recession (stimulus funding, tax breaks etc.) are out of the question due to rising inflation.
I'm so tempted to average cost down or pick up some big names on the cheap (NVIDIA, META, AMD, SHOPIFY etc. etc. are all down 70+%), but it looks like things can get even cheaper. This past year has been brutal, and every pop has been sold off within days.
We live in a crazy time when a good jobs report tanks the stock market. I shudder to think what today would be like if we actually got some bad news.
Where do I send my money?Hey man if you're serious I can provide you info on how to do a legitimate pyramid scheme!
You'll get a kit for setting up the presentation, a official certificate and some special presentation shakes to give you energy.
Then just recruit a few folks to recoup your costs.
That's the spirit!Where do I send my money?
You are free to invest in another exchange if you think Biden is the problem..Japan for instance....lol.Biden’s America