/biz/ - Business & Finance

>>27260465
can anyone give me some advice on what to tell my dad to move his 401k into for safety during a potential market crash? i assume he can't just liquidate it without getting fucked with penalties or taxes or some shit, but he's nearing retirement and i don't want him getting caught in a crash. can he just transfer it temporarily to treasury bonds or something?

he'll be calling his financial advisor about it today but im just wondering what /smg/'s advise on the issue currently. im gambling on the memes personally (don't worry i made 50k already im way up and can't lose at this point), but i don't want my dad to get fucked if i can help it. i figure worst case scenario he misses out on a bit of gains and can re-enter after this mess is settled one way or the other.

>i sleep
>AMD goes to 96
>i wake up
>AMD back down to 92

good evening i hate AMD, also excuse me wtf?

what did powell say? can i get a summary and how it effects the markets? I was too busy jerking off, sorry lads.

>>24807809
i kinda know that feel but not to that degree. i keep losing small amounts of money day trading but then i make a bunch of money off of memes that i just buy and hold. i really want to get into day trading so i can avoid overnight risk entirely, but im getting to the point where i can't ignore the results.

i guess the question is how the fuck do you avoid crabbing/ranging times on an intraday 1m chart? if price actually GOES in a direction, it's easy to make money. it's how the fuck you avoid those areas where it just doesn't go anywhere and keeps reversing direction over and over that i can't figure out.

>>19348102
if the market is actually bullish, then investors who fled to FAGMAN might be spilling back out into the rest of the market.

POSTAN IN A STICKY

coom and buy
>coom and buy
coom and buy
>coom and buy
coom and buy
>coom and buy
never sell