You only lose if you sit in cash or try to short. The market is the symbol of economic health. Nothing else matters. At all. They will let it correct a little, but they will always rapidly bring it back. I wouldn't be surprised to see the S&P a thousand points higher by the end of the year.Im out of the market...No sense in playing a game that's designed to make you lose. This is a serious question. I have a small Roth IRA...a little less than $4500 (started it and didn't mess with it for years). Does anyone know a place to put it into gold/silver/precious metals as an IRA? Everywhere I've looked says you need at least $5K or so
Im out of the market...No sense in playing a game that's designed to make you lose. This is a serious question. I have a small Roth IRA...a little less than $4500 (started it and didn't mess with it for years). Does anyone know a place to put it into gold/silver/precious metals as an IRA? Everywhere I've looked says you need at least $5K or so
You only lose if you sit in cash or try to short. The market is the symbol of economic health. Nothing else matters. At all. They will let it correct a little, but they will always rapidly bring it back. I wouldn't be surprised to see the S&P a thousand points higher by the end of the year.
Time for UPRO/TQQQ, eh? ?You only lose if you sit in cash or try to short. The market is the symbol of economic health. Nothing else matters. At all. They will let it correct a little, but they will always rapidly bring it back. I wouldn't be surprised to see the S&P a thousand points higher by the end of the year.
Seems like a good move with todays unreal move to the positive. There’s gotta be a snapback, right? Then again, I’m afraid to touch Chinese stocks. $BABA, a company with a market cap in the hundreds of billions, went up 36% today. Like how does that even happen??? In ONE day???I bought YANG calls before the bell
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Seems like a good move with todays unreal move to the positive. There’s gotta be a snapback, right? Then again, I’m afraid to touch Chinese stocks. $BABA, a company with a market cap in the hundreds of billions, went up 36% today. Like how does that even happen??? In ONE day???
Whatever old school conventional wisdom says, it seems like in these days and times, go just the opposite direction ...Still pushing after hours...Fed hiked rates today and said they were going to hike 6 or 7 more times. Who knew that's what the market wanted to hear...?
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Should be a fun backtest when it comes
Up 37% after dropping 75% from ATH ?BABA up a cool 37% today ?
Yeah I'm just about at the point where I'm gonna dump my 2022 IRA contributions in VOO and take my ball home. It seems obvious we should correct further, but I am ready to concede I'm not smart enough to find the bottom. Boring long term investing just is so vanilla and leaves you wanting more though lol.I would leave it in a S&P 500 ETF/fund and forget about it. Assuming you have 15-20 years time horizon.
Just double down every loss until you win or lose everything.Yeah I'm just about at the point where I'm gonna dump my 2022 IRA contributions in VOO and take my ball home. It seems obvious we should correct further, but I am ready to concede I'm not smart enough to find the bottom. Boring long term investing just is so vanilla and leaves you wanting more though lol.
This seems reasonable, I’m back in. Thanks for the pep talk.Just double down every loss until you win or lose everything.
That's what I'm here for. Just remember, first bankruptcy is free - Jimmy covers it.This seems reasonable, I’m back in. Thanks for the pep talk.
Never thought I would see this
Yes, but the real driving force behind this is the election clock ticking closer to go time.Going to see a lot more of stuff like this as the financial system collapses.