/biz/ - Business & Finance

Buy and Hold is the superior strategy for long term, consistent gains.

>>21762230
Your economy has not recovered and is going to crash hard when you have a second lockdown over Christmas.

cunny

There are tech bubble stocks
There are good tech stocks
There is pe expansion

Its all over the place just use your brain instead of thinking msft is the same as netflix

In another thread I mentioned only having about $150. And an anon suggested buying 1 Apple 630c 9/4.

Is this guaranteed to print like $50~? I just want a few small fast and safe gains.

>>21762323
It's guaranteed to print $15 (probably within 30 minutes), has a really good chance of printing up to $150.

>>21762163
honestly i've considered it: >>21759724 (You)

but isn't it at least reasonable to get out of both before the elections? or you really think just not touching it for a year+ (for tax purposes) is fine with both TSLA and AAPL? TSLA is more the one that worries me for long term, idk.

>>21762203
where do i go to learn more about the dot com bubble? im interested in learning more about the major financial crisis and stock market crash happenings of the last 100 years, what should i look into and where? youtube videos would be best but im down for reading a book if i can get it for free online like as a pdf or something. 2008 really got me interested in this stuff.

>>21762323
>a few fast safe gains
ain't going to happen

>>21762346
Awesome. It doesn't seem like a horrible idea to buy super far otm calls for cheap on shares like AAPL or TSLA does it?

>>21762381
Imagine boomers
Imagine internet just picking up
Imagine endless hype and .com added to company name sending valuation to 4x
Imagine news stories constantly about people making millions

It was mass investment into websites

>>21762312
how much have you lost shorting TSLA, exactly?

>>21762450
Ive made more than 2x longing tesla and I made money shorting it around its first fall back to 400 before blasting off. I have long position in tsla albiet small

is Carnival a good long term hodl

>>21762404
If it's near-dated it will be theta-raped, so you might lose lots of money despite being right about the direction. Generally speaking, beside theta and vega, OTMness increases leverage, and near-datedness also increases leverage (conversely, long-dated deep ITM options have very little leverage). Liquidity issues aside, this allows for customizable strategies, but you have to know what you're aiming for.

>>21762442
what caused it to all come tumbling down? im especially interested in what finally caused the music to stop in all of these events. the 1987 one is particularly perplexing.

>>21762442
Another important part was that funding availability was at an all time high (i.e. loans were given out like candies. Different type but same idea as 2008).

Lumber prices are through the fucking roof, buy LL and other lumber stocks

>>21762642
What about forestry companies

>>21762287
Soi faggot, there will be no lockdown. We can't afford it anymore. Let the old and sick self-isolate and carry on as usual.

>>21762588
Ah, I see. Yeah I'm gonna try my luck on the Apple 630c 9/4 and see how it goes. Should be interesting. Thank you, anon.

>>21762287
This. We’re so fucked.

>>21762628
Idk, fed raising rates and sentiment swing to the negative after sell offs. Bubbles usually last much longer than they should due to momentum

>>21759529
I did most of /smg/'s answers and rearranged them.

>>21762287
A communist's wet dream.

>>21762642
We're about to enter hurricane season.

Anyone else think there's a lot of pent up demand to consoom right now? I have a feeling once a vaccine (not taking lol) is released, shit is gonna be like the 1980s again but amplified. Get ready for the return of MORE MORE MORE culture.

>>21762860
Right now my worthless opinion is of course tech has had lots of momentum and is ahead of itself. The thing is it has enough secular growth to keep going and to grow into valuations. Its not a hopeless bubble just a high premium

>>21762777
I do this. Ignore retards that buy weeklies. I buy all my calls dated out like 2-4 months just in case shit hits the fan short term.

>>21762381
>where do i go to learn more about the dot com bubble? im interested in learning more about the major financial crisis and stock market crash happenings of the last 100 years, what should i look into and where?

For me it is staring at Charts the whole time and try to recognize patterns

>>21762391
i like AAPL the most right now especially with the forward split happening. feels very safe, iphone popularity isn't being usurped any time soon. i want to just own it long term and write covered calls on it forever. if somehow they become usurped in popularity then i'd sell and look for whatever the next AAPL is but that may never happen, in fact there's a high probability it won't ever happen, but just in case that's what i'd be looking for.

i like TSLA too and think they'll keep going up but i don't really feel comfortable just buying and holding them long term. i agree they're obviously a bubble and probably will pop at some point and i don't want to be hodling when that happens. but im completely down for playing hype events like this split and the battery day, buying in early and selling a couple of days before whatever the hype event is. it can make bigger short-term gains i believe, so im down for buying in and making money off of each hype event that happens, like the cyber truck or they launch a rocket or something, i don't really care as long as everyone is super hyped about the event (which it will probably dip hard after before recovering and going higher). get in and get out sort of thing while maximizing returns.

im trying to build a list of the best companies to do this now, companies with brand name recognition that can have potential good cataylsts coming up that normies would get excited for. big biotechs like pfizer might be a good choice with the whole covid vaccine craze, people can definitely get hype over that potentially. fast food could be good if covid ever ends and people can eat in restaurants again. just buy into hype early and sell before the event, but of companies people actually know instead of penny shit. that's the key. i plan on doing this with NVDA and AMD with their graphics cards and the new consoles for example, or any AI shit that goes on with them, for example.

>>21762895
Yes there will be bursts. Pandemic models prior to 2020 have a large dip and a large upward growth in gdp post vaccine. The upward dip normalizes though

>>21762868
I just think it's hilarious how the entire General single mindedly agreed that Bezos is Lawful Evil.

Can someone redpill me on SHLL? I heard their merger is toons to happen in August or September? Is that why the stock has mooned last week?

>>21762931
Same. I pretty much exclusively get ~10% OTM far-dated options.

What are you guys buying?

>>21762381
Read “All the President’s Bankers” by Nomi Prins. She’s a bit of a lefty but her analysis and explanations about the creation of the Fed are very elucidating.

>>21762270
Buy and Hold TQQQ specifically

>>21762895
Thank god. I miss the 80's. Things today is just so fucked up compared to then. Put it like this; the whole trans thing well, just wouldn't fly, being gay was still considered a big no no. You didn't see tattoos and piercings all over the damn place. Women were more natural without any plastic.

>>21763013
>her
>bit of a lefty
opinion discarded

Who else hype about writing covered calls on AAPL after the split? Can't fucking wait, free money.

>>21763009
Nothing man your buy and hold positioning should be in place by now

>>21762868
>we're about to enter hurricane season

what does that mean? lumber go down?

>>21762895
Already done.
https://wolfstreet.com/2020/08/18/ecommerce-blows-out-even-groceries-home-improvement-materials-furniture/

>>21763052
Writing calls after the split seems counterproductive as I expect a massive rally.

>>21763009
More BABA at the next dip
10k Robotics ETF
5k Solar ETF
10k fidelity divi ETF

>>21762230
Hey /smg/
I realize that I don't have enough knowledge of upcoming events; that I kept getting blindsided by things like Fed releasing minutes last week

I was wondering if you knew of any good websites with calendars posted for these sorts of financial events

>earnings
>dividend payments
>Fed meetings
>Fed minutes
>Non-farm payroll
>PMI
>CPI
>Consumption
>Home sales
>GDP reports
(what other reports would you recommend I read / track / put on my calendar?)


I've been using https://www.marketwatch.com/economy-politics/calendar
and https://www.federalreserve.gov/newsevents/calendar.htm
but I'm still feeling blindsided by big announcements

Any websites that you all use?
Any recommendations / tips would be very much appreciated!!

>>21763063
No lumber go up. All the wreaked homes will need fixing.

>>21763009
Hard to find something to buy right now that would be a great deal with minimum risk. I'm holding Apple, Tesla, Nvidia, Amazon, First Majestic Silver and planning to sell my TSLA before the bubble pops and move the money into Apple long-term.
There is a reason Buffett fucking holds these shares and only buys more, one of the safest companies out there, no doubt about that.

I'm going to buy 100 GPRO to write calls with. Nothing bad will happen haha...

>>21762868
And that’s bullish, isn’t it?

>>21762239
Those fake tits are pretty gross.

Does the chinese restaurant have any sexy insects?

>>21761474
>>21760989
Based

Foundation series should be read by all.

>>21763047
Anon... the 80s were the time of prince and twisted sister and shit, they were not the most heterosexual of times.

>>21762931
A little OTM too? How does that work out for you generally?

>>21763047
Women unhappiness must bottom first. Its getting there

>>21762895
>vaccine

what's the word in regards to actual treatments like anti-virals or something like that? i'd much rather just avoid taking a vaccine but if i get it, know that i could just get prescribed some meds from the doctor and know i might feel shitty for a couple of weeks but otherwise be just fine. anyone working on that, anyone having any success in the preliminaries with that?

>>21762287
Yeah im pretty pissed. I put 12K into some stocks that were really hit hard when Covid hit. I expected them to recover reasonably fast and it seemed like they were going to at first. But then the world decided to go completely autistic with the covid response and they want to keep things permanently fucked. Im looking at maybe a 2K profit. Pathetic.

Im done. Im pulling out most my stocks. If they havent recovered by now, it's definitely not going to get any better during the cold months. Plus the market will definitely crash in the weeks leading up to the election. So I would be dumping in october anyway. There are so many crypto currencies I could be investing in right now. This is a waste of time.

>>21763117
so is the play LL or something else like HD or LOW? any safe free money to be had? if it's just LL im potentially down for throwing a couple of grand of gambling money at it and seeing what happens. what sort of upside to downside are we talking about here, what sort of timeframe for gains?

>>21763162
Yep exactly. I mostly do it with AAPL

>>21763106
Investing.com earnings

>>21763076
write really far OTM covered calls then.

>>21763009
Bank of America
Walmart
Roku
And considering Parsley Energy but I haven’t been following oil.

And maybe just say fuck it and buy QLD and more TMF.

Thoughts, smg?

>>21763175
>anti-virals or something like that?
>anyone working on that
Regeneron and Lilly, which are getting fucked right now, which has me worried. I still own a good deal of Regeneron, but I sold all my Lilly except 1 share.

>>21763175
https://www.ucsf.edu/news/2020/08/418241/aeronabs-promise-powerful-inhalable-protection-against-covid-19
Go breathe in llama spit.

>>21762992
He seems to be the kind of guy who likes making laws against the Union, but that's just me.

>>21763063
>what does that mean? lumber go down?
The opposite. Hurricanes destroy homes, which means construction companies are stacking up on lumber for mass reconstruction of destroyed homes. Insurance companies are in on this too. Lumber go up.

>>21762230
anybody in here still a wage slave? or is being good at trading the secret to be free?

MSFT pump please? please market makers? Why can't MSFT inexplicably rocket to $800 and split like everyone else is doing

>>21763161
>And that’s bullish, isn’t it?
yep

>>21763270
Then you get pennies for it, it's pointless.

>>21763278
>Regeneron and Lilly, which are getting fucked right now, which has me worried. I still own a good deal of Regeneron, but I sold all my Lilly except 1 share.

what are they working on and what's the word on how it's going so far? or is it a mystery? im trying to make a watchlist of popular big name biotechs that could have news catalysts coming up that i could play the momentum leading up to the event and sell before, so feel free to hit me up with some more names/ticker symbols and what hype they have and dates.

>>21763278
https://www.nytimes.com/2020/08/14/health/covid-19-antibody-treatments.html

Testing problems to get good data so the timetable fell behind

>>21763319
>is being good at trading the secret to be free?
No
Having a high income because you have necessary skills and qualifications is much more freeing

>>21762230
Why would I want bonds in my portfolio? I don’t really understand how they’d be better than other stocks.

>>21763407
It's just to diversify, but it's not something I personally do. Lower risk with bonds, but lower reward, and it seems like many don't even beat inflation anymore

>>21763407
everyone likes bondage

>>21763407
you'd want bonds if you are a boomer, want guaranteed income, a hedge against inflation (lol), or a hedge against short term volatility.

>>21763319
Free from what. Making money is one of the fun things to do. Once thats gone you just have new hurdles

>>21762270
Yes.

t. 30 yo boomer

>>21762287
I'd think mid 2021 when all the debt finally makes it way to the banks/REITs from the tenants and homeowners that didn't have to pay the last several months per the federal ban on evictions/foreclosures.

>>21763017
There's plenty of reason not to LT hold 3x funds. Between the decay and the 3x losses the only reason they look good rn is because we have been in the most insane bullrun in financial history for a decade. Hell look at the S&P 500 averages historically and look at our annual gains now, this shit is not normal.

>>21763249
Honestly glad you held those anon. I was scoffing at the people saying you should sell them before the split

Does anybody here use spaced repetition or Anki to learn stuff like options trading? I do and I highly recommend it. My profitability has gone through the roof since using Anki to learn everything in the Options as a Strategic Investment book (basically the real options bible). You guys might consider it if you're stuck

>>21763335
so then what's the plan? just buy and hold and do nothing?

>>21762323
Anon that was me. Based on AH you might have to go a little higher than 630. I bought calls that cost $150 on Thursday afternoon and they almost quadrupled yesterday. Good luck.

>>21763588
Thanks bro. Trying to decide how long to hodl. Maybe dump like a week or two before expiry so I don't get theta fucked?

>>21763573
what's the percent yield on that portfolio? also why not batch energy into one etf position?

CRASH POLL
https://www.strawpoll.me/20813365
>https://www.strawpoll.me/20813365
https://www.strawpoll.me/20813365
>https://www.strawpoll.me/20813365

>>21763671
I got some 9/18 calls I'm holding on to I'm planning on selling after I follow the price action post-split. I'm thinking of selling mine possibly next week or midweek the week after. My calls are DEEP OTM though, so I'll probably sell sooner than later. Apple's market cap would have to be 3 trillion for my calls to be ITM lmao.

Bonds are something you want after you've en-massed a nice fat wad and you want to keep as much as possible. So basically a year before you "retire" start the dump process over into bonds. This is the whole point of those target funds; they do all the dumping for you. (at higher fees).

>>21763722
Including the abysmally low yields from the growth portion in ETFs it's 2.43%, just the 50% of conservative picks in staples and the like it's 4.28%.

No energy because it's a volatile as fuck commodity that depends on whether or not OPEC+ wants to turn the spigot on or not. Even the dividend is unreliable as soon from recent giants like RDS suspending. Also was the worse performing sector last 10 years during an insane bull run it managed to LOSE money. Fuck that sector, won't touch it.

>>21763319
the key is to make a good wage and get health benefits doing something you are good at and enjoy. as a technician i do assembly (soldering) and coding and calibration and i genuinely enjoy it, it's pretty laid back and chill most of the time. i like the company i work at, i like the people i work with. i don't take it too seriously but im good at what i do.

then i do day and swing trading as a side hustle (sometimes at work when i have down time). i get the best of both worlds and will get to retire early as a result, probably some time in my 40's. that's the real key to making it. get a career don't just get a job and be a wage slave. be a wage master, idk wtf you'd call it. but work doesn't have to be an awful soul-sucking thing, it can be incredibly fulfilling and it keeps my social skills up.

>>21763911
I wonder if it'll dip at all after the split, or just go straight up.

>>21764042
That sounds comfy bro. I'm an entry level accountant and make 80k plus insane benefits but I'm miserable at work. Plan to retire at 50 because I invest and live like a psycho (about to pay off my condo in under 18 months because I throw 7x the mortgage payment directly at principal).

get me out.

>>21763945
>Energy
Fucking boomer stop calling the oil sector energy
Its just oil ffs
Renewable energy made lots of gains in that timeframe

>>21764193
All the sector identities are half-useless.

>>21764193
We aren't talking about oil we are talking about the energy sector. The energy sector is dominated by oil and ng giants, renewable is a meme sliver of the pie.

YOU are talking about oil. WE are talking about the energy sector that averaged -4.48% a year last 10 years. The renewable companies fall into various industries in the energy sector but you too much of a dumb faggot to know the difference between sector and industry.

>>21763499
>>21763464
>>21763436
Thanks

>>21764042
That's me. My current job is easy as fuck. Pretty much long as I show up on time nobody gives a shit. Now with the virus situation and all I'm "semi retired". Still getting paid the same 40hr pay but I only actually work as needed. Most time when I do go in it's only till 1 then I'm back home.

>>21764193
Oil is the energy sector by governmental definition...

Just go back to playing fortnight and donating to your favorite black youtuber zoomie boy.

>>21764131
Honestly 50/50, but guess we'll find out post-split. Gonna be tracking volume to see what institutions plan on doing.

>>21763407
>>21764296
If you are under 40 with where yields are at right now, there's no reason to have bonds in your port imo. All bond yields are dependent on what the fed does with their discount rates which are at all time lows so you lose money in lots of cases or barely beat inflation unless you want to fuck with junk bonds. Honestly better off getting something like JNJ and enjoying some capital appreciation with a comparable yield.

>>21763824
Fuck this herd mentality, so now I will have to sell because everyone else will sell, thus we've created a self-fulfilling prophecy that could be averted if we simply decided not to sell instead. I can't not sell because you faggots will sell and I'm not gonna hold bags for 2 months. Fuck this Market Psychology.

>>21764337
>MUH government definition
Pathetic retard, this isn't even going to help you shill your oil bags.

https://www.zerohedge.com/markets/wells-fargo-preparing-potentially-cut-tens-thousands-jobs

Lehman brothers collapsed September 15th ;)

every single "good" trading and investing book is literally just
>buy what's trending, has high volume and momentum
>sell once volume drops and cut losses quick
>put in gliding stop losses to guarantee gains, don't be afraid to jump between stocks even if it's the same one that gets trending again
there i saved you time and maybe money

>>21764462
I just want to see what /smg/ thinks and will post it for a few more days. People are hopefully voting before seeing the results. Do you really think a few hundred /biz/ users will affect things? I feel like it is a more productive method of gathering data on what people anticipate, instead of the threadly "when will things crash" post followed by 20 posts of people arguing about whether or not it will at all which devolves into politics half the time

>>21764466
Your sugar levels must be low and you're getting fuzzy from all your fortnight dances

You should drink your onions milk before posting zoomie.

Its for your best interest for me to sell my oil bags.

Otherwise how is daddy going to give you money for your fortnight skins?

They don't grow on trees you know.

>>21764563
No, A Random Walk Down Wall Street was nothing like that.

>>21764625
>1973

Maybe you anons are right to invest in Lumber.

>>21764673
Shill be some good, american Lumber stocks.

>>21764152
consider finding ways to reduce costs and live more minimalistically so you can retire earlier. cut the bullshit expenses out of your life. especially if you're miserable it's probably worth it.

>>21764613
>Everyone that wasn't retarded enough to buy dinojuice is a zoomer and I'm not going to make a real argument because you hurt my feelings :C

>>21764673
Is not that bad unless hurricane Marcos and Laura do the fusion dance and become super saiyan Fujiwhara desu

The protests didn't raise the lumber prices with the NAIL ETF last time. Not sure how much it would affect it this time if they are just 2 normal hurricanes

>>21764398
it's pretty much gauranteed to go up over the course of the month or so after, there might be dips but that should be the general direction. that's kinda the whole point: not only is there a shitload of hype around the split, but because the split makes the stocks much much cheaper, it will bring in a lot of new investors who can finally afford to own these stocks. that will bid the price up much higher.

after battery day for TSLA specifically, i have no idea though, which is why i plan on selling just before then.

>>21764625
>brownian motion
NO!

>>21764328
same for me, i only go in twice a week, it's pretty sweet. spending the loads of free time on self-improvement, getting in shape and doing more music creation and learning python.

>>21764789
My general expectation is that it will go up in price, but this the first forward stock split I've ever participated in, so I don't really know what to expect. In 2 days after announcing they were the first 2 trillion dollar company, another 120 billion poured into the company. There's not really much to go on expect researching the price movement in previous splits.

>>21764789
Interesting thing about TSLA, the best way you can predict a real "dumb money" bubble is with Google Trends. If people talk about it and look for it, it can be a great indicator. It worked for me with LINK (sold at $19.99) so figured I will have a look at a whole bunch of Tesla-related searches. To my surprise, none of them were in a parabolic spike at all. So looks like the Dumb Money didn't entered just yet. That means, as hard as it is to believe, we will have a lot of fresh pump soon, even more if they finally approve another stimulus.
Then as you said, sell the news, collect some rare Pink Wojaks and buy the dip.

>>21764789
Yeah but how many retards are going to buy into TSLA with their LITERALLY FUCKING ZM PE.

Jesus.

>>21763656
Yes. Alternatively, you can hold a position and additionally sell a put. When selling a put, the upside is in how quickly it becomes worthless rather than how high it goes. The risk profile differs but it can achieve similar performance than near otm calls when IV is sufficiently high, and doesn't get dunked on by sudden pumps.

>>21764957
>but this the first forward stock split I've ever participated in, so I don't really know what to expect.

does pic related make you feel any better?

>>21764462
In april it would have been june/july for a crash

In january it was february/march for a crash

>>21764789
I am curious, I do notice many people with the same plan for TSLA. It makes sense, but aren't they hyping up that they're announcing something crazy that day aside from already known battery shit? I know it could be like flying cars and it would be priced in already, but I really feel like it will just keep going up. I feel like setting a decent stop loss would be preferable to selling prematurely if institutions decide not to dump.

>>21762868
>Elon
>Lawful
He is literally Chaos incarnate.

>>21764978
this is exactly what i've been trying to tell people, dumb money (RH especially) coming in AFTER the split, when it's CHEAP. just get out before battery day unless you're gambling or holding really long term. AAPL should be good to hold basically forever on the other hand, maybe consider getting out for a short time just to see election results, but that's for you to decide whether you want to do that.

what do you search on google trends btw? just "tesla" or "tsla" or "forward split" or something? im interested in how to use it as an indicator in the future. i want to specialize in playing hype and selling a couple of days before the events actually occur.

>>21764781
Even though they were chimping out, yes, a hurricane is more destructive than some angry chimps. Hurricanes can and will destroy houses in ways a gaggle of chimps can't.

1) When do you think a vaccine will come?

Within a year? 2 years? 5 years?

2) What stock will skyrocket the fastest with the most gains from a vaccine?

Disney?
Boeing?
American Airlines?

>>21765045
You're not even allowed in the Chaos domain without dealing with some slumdog millionaire shit. Elon is a little trust fund fatbody bitch whose only taste of adversity was his autism.

I do pretty good. Live in a smallish city, damn close to my workplace, has plenty of stuff to keep me entertained,etc but none of that feeling of "I'm being spied on" from my neighbors. Got a great view from the back of my house. Area stays quite and the people in the neighborhood actually give a shit about how their properties look. But it's under a mile to the L.C if the craving hits me (what? that $5 lunch combo is hard to beat)

>>21765094
I was comparing "Tesla" to "Tesla shares", "Tesla share price", "Tesla share split", "Tesla investment", "Tesla Robinhood", there was like 20 other things, anything that came to my mind that a Normie could google.
"Tesla" was looked up so much more than any other that the rest of them were a flat line on the bottom of the graph when comapred. "Tesla" alone didn't had a spike this month, I couldn't believe it. "Chainlink" was fucking parabolic for the first time, that was the best sell signal you can hope for.

>>21764551
Most people here are zoomers or millennials who did not live and work through the GFC or didn't pay attention to macroeconomics back then. They think because of how the movies portray it that it was one big event and that was it. GenXer here, let me enlighten you.

The last bubble was popped long before the markets wised up to the facts. By 2006-07 plenty of people were looking at the facts and talking about possible recession. And all the CNBC pundits, Fed, govt were denying everything. They got so cocky they didn't mind bringing doom conspiracy theorists on air for sensational ratings. https://youtu.be/Z0YTY5TWtmU

For some reason everyone thinks the global financial crisis happened all in one night, but it couldn't be further from the truth. By 2007, even before anything hit the fan, everyone and their grandma knew about the subprime mortgage debacle. The first major happening was early in April 2007 when New Century (REIT) went bankrupt. But the denial just kept continuing.

The Fed started cutting rates in Aug 2007. The Dow Jones peak was Oct 2007. Bear Stearns happened 6 months later in Mar 2008. And then the real explosion that everyone remembers the GFC for, Lehman, didn't happen for ANOTHER 6 months later, in Sep 2008.

Mnuchin/Kudlow/Powell would have you believe that this whole thing is "contained". That the economy will "restart" and "come roaring back!" Everyone is still in denial. We haven't even BEGUN to see the real crash. This is just getting started.

>just release the deferrals and moratoriums and there will be an end to the madness

>>21765108
Vaccine will happen early next year imo. Either that or the virus will fizzle out before the vaccine is fully completed (sorta like Ebola)

Probably cruiselines and airlines but gradually. Buy the dip now imo.

Will Airbnb have any chance?

>>21762895

"You will see our economy skyrocket once this is over."

>>21765195
Thanks for the enlightenment you fucking antique.

But what do you think of the literally trillions of dollars backstopping every degree of the market?

>>21765195
The GFC didn't really effect me any. By the time it started I was already established in my state job so I was untouchable. My only regret is not getting over into stocks during the aftermath when shit was cheap as hell. But thanks to the virus I'm getting another shot.

>>21765195
I refuse to believe that the Precious Metals General is right and we're all boned 6 months from now. I don't want to see the Boomers with their shiny metals to dab on us for another 10 years...

>>21765173
i'll keep tabs on it, thanks for the heads up anon.

>>21765308
Buy land

Should I buy an ounce of gold just for the hell of it? shiny metals kind of tempt me

>>21765260
I'm thinking the same timeline.

The vaccine plays seem the most appetizing. P/E's are reasonable and they have yet to be impacted by inflation much. The influx of money into these stocks once a vaccine happens should 2x these babies.

>>21765405
Buy ZCash and you'll be destroying pussy like this in one week

>>21765031
Yes it does. Just did the math and if Apple never did a stock split, its price would almost be $28000/share. But who's to say that they'd have anywhere close to their market cap at those prices. Excited for Aug 31.

>>21765173
That's nuts tesla isn't parabolic yet, thanks for sharing this. I was skeptical when people had used google trends in the past, but after working for Google search for a few years, I've learned it is indeed quite reliable.

>>21765195
I agree that it seems like most were oblivious or too young. They think posts about another crash are just coming from envious newfags and perpetual bears (of course some are).

AMZN $4000 EOY.

>>21765466
Crashes are part of the game. Hopefully over time you come.out slightly ahead or even with them. Trying to time them is very hard. These are risk assets and we all have to face a wall of worry to succeed.

Shorting or exiting on prediction of crash requires a higher level of certainty than being long.

>>21765513
Amazon will pump because the virus will be back for sure, there might not be more restrictive lockdowns, but more people will order with them again. Too bad it's so expensive already.

>>21765405
Why? Everyone seems to think Gold is such a precious commodity, but I saw their prices drop to the floor in March. Same for Bitcoin.

If you TRULY want an emergency asset. Food, Water, Guns & Ammo were the TRUE assets in March. If the dollar collapses, Gold would provide no value as society crumbles.

I'll take an AR-15 over a gold coin ANYDAY. Plus, it times like this, I could sell it for 50% or even 2x my investment.

This goes double for ammo. If you bought tons of ammo in January/Feb, you could sell it privately for 4x, maybe 10x your money when lockdowns happened.

>>21765427
but understand, price doesn't move in a straight line. notice how there are ups and downs but in general it goes up. it spiked up at first actually, then consolidated for awhile before continuing into a gradual uptrend. just be wary of bears trying to FUD you on the days where profit taking takes place and it dips, it's not like every day is going to be green or something for 2 months in a row. but every red day they'll probably start talking shit, it's annoying.

>>21765406
People think cruises are dead but a lot of rich (and middle class) people really enjoy them a lot. In fact, I'm sure there will be a lot of demand when the virus is "over" since people are sick of being at home. Really, it's only poor people who think cruises are dead.

One of you guys should buy a TSLA sept 2021 put with (pre-split) $1000 strike, in my honour.
I'd do it myself but I can't because I'm a eurocuck

>>21765564
The prices you saw dropping was "paper" gold and silver, people started to get liquidated, so they sold off everything they could. Metal was the most expensive in March and April. Spot price for silver in the UK was 9 Pounds, but on eBay the cheapest 1 ounce of silver you could find was 40 pounds.
He's talking about buying physical, of which we will have shortages soon. That's why Buffett bought that gold mine.

>>21765564
>Food, Water, Guns & Ammo were the TRUE assets in March. If the dollar collapses, Gold would provide no value as society crumbles.

This. i keep saying this too. i really don't understand the precious metals meme. it's either stocks or guns/ammo/necessities. and honestly i hope it never comes down to that because i really don't want to live in a world where i have to deal with literally killing people for survival and shitting in a hole with no electricity or internet. even if i survived life would suck forever so i'd probably rather die in that situation, so i hope it never happens at least not in my lifetime.

Im wondering if I should sell TSM, INTC for AMZN. Amazon is only getting stronger and will probably split soon.

>>21765601
Yep. Especially here in Florida. it's what everybody, rich or poor, does for vacations. Poors have carnival, upper-middle class has RCL. Not sure why some people hate cruises so much

>>21765564
>If the dollar collapses, Gold would provide no value as society crumbles.
Facts.

I see people in /pmg/ talk about how their physical metals will be worth it when SHTF. But, like, no. That's not how it's going to work. A scenario where gold and silver are valuable currency in America is very unlikely.

You'll either get Mad Max (Food/Water/Weapons are the optimal investment) or you'll get a cashless society where physical paper/metals won't be able to purchase anything unless it's super obscure.

Gold and Silver, ARE however fairly useful for electronics, though.

Don't forget the new iphone is coming out this fall/winter. First one to have 5G support. Now that streaming is a way of life anymore and with the virus fear still high those babies will be selling like crack. After all how else will you be able to play your 8k videos without lag dragging you down?

>>21765658
I went on one a few years ago. Most of the food sucked at every placed I tried, but it was all edible enough. Water in the Grand Cayman Islands was super pretty though.

>>21764664
It was last updated like last year kiddo, they have been constantly revising it with the new data, which has done nothing but reinforce soft EMT.

>ugh a dictionary, that's like old as time
>ugh a calculus book from 1955 it's so useless

>>21765108

Vaccines have already been developed. Mass vaccination is irrelevant now. Nobody was vaccinated for the 1918 Spanish Flu pandemic. The panic is over by Spring of 2021 as long as President Donald Trump wins the 2020 election. The panic will never end if Biden wins the 2020 election.

>>21765590
I've already got my shares and plan on buying more after the split. I don't care about news on the weekly or monthly. I'll probably hold AAPL for 5 years or more. I don't care what bears or FUDers have to say. I usually inverse what they say anyway.

>>21765691
Apple will fucking print for the years to come, they even released iPhone SE 2, I was using iPhone SE since it was released, fuck the new models. So they knew that, that there autists like me out there who prefer the SE model and they actually released it.

Should I get 100 TQQQ or 100 AAPL?

1 in 7 americans have probably had covid now. We are close to free.

>>21762287
We could have predicted the economy turning to shit of the 1st wave because it was an unknown virus that spread quicker and was deadlier than the flu. Now that things have settled we learned that it isn't the end of the world but we also dont know how widespread it will be during the fall/winter. Just ride the wave anon you cant time the market

>>21765564
>>21765635
>>21765671
A bunch of mouth breathers thinking in binary that we'll skip straight to madmax, instead of the decades that normies will slave away for dogfood, as a police state solidly places the boot on anyone's neck not smart enough to prepare.

Open a graph of the dollars value over the past 70 years, or even just open a economics text book before the 70s, you absolute brainlets.

>>21765809
AAPL, add some TSLA if you feel adventurous.

>>21765195
thank you for your wisdom anon

>>21765838
Eu is still fertile for a 2nd wave. USA less so.

>>21765875
>a police state
if theres a police state we go fully digital, faggot.

>>21765658
gross, restrictive, stuck on a boat with thousands of people, illness rampant (long before pandemic), really inorganic and limiting excursions... that's just my view. I think it attracts the same type of people who enjoy things like clubbing, going to vegas, etc.

>>21765812
anon... herd immunity is pretty much scientifically impossible with this virus. At best, people will just be mentally over it and accept the risk and get sick repeatedly like with the flu.

>>21765878
AAPL its #1 in TQQQ and TSLA is #7. Seems like I should just get TQQQ?

>>21765918
Digital Fiat is still Fiat. No Bitcoin or Shitcoins allowed. Only Fed Coin.

I'll probably hit 25k soon because of RKT and be out of the gay PDT rule. feels pretty damn good

how 2 profit off this?

>>21765955
There are many scientific papers on 20% for herd immunity in certain cases

>>21766012
Yes. We all go to fedcoin. Do you think they'll let you trade metals when we have to use digital fiat?

>>21766077
Digital currency will be pretty efficient though at least. Just facial and genetic scans at the register.

>>21766013
>RKT
You think this is gonna go any higher? It's already at 50B

>>21766077
>let
Spotted the dogfood eatting bootlicker.

>>21765671
I think you guys take SHTF too extreme. All it takes is the dollar falling to shit and you can literally trade your silver/gold for foreign currency that isn't worth shit.

On the other end of the spectrum, all you need is someone to come into power and say that the nuDollar will be backed by physical gold/silver after the old one dies. No need for madmax wastelands, just a change in political power which can and has happened even without our own lifetimes. Do any of you guys even read history books or pay attention to politics outside of the US? Any gold/silver stackers back in Greece during their fuckup a few years ago did indeed make it out rich. SHTF and there was no MadMax Greece.

>>21765658
>Not sure why some people hate cruises so much

because they're huge vectors for disease. just look at what happened in them during covid.

Why dont hedge funds just recruit strategy game and citybuilder autists? 4x, x series, etc players would be better than some finance guy

>>21765875
I saw what I saw in March. People weren't buying Gold until after the Crash.

They were buying:
Food
Toliet Paper
Guns & Ammo

Unlike Gold, I could of 2x 3x my investment on ammo alone and still had some for personal use.

When gold gets to 10,000 an ounce, that would mean dollar crashes. Dollar crashes and that means society has gone to shit. Likely would buy Food, water, Guns & Ammo with your gold anyways, so why bother with the middle man and just go directly to the source?

>>21765756
>The panic is over by Spring of 2021 as long as President Donald Trump wins the 2020 election. The panic will never end if Biden wins the 2020 election.
Its the opposite
If biden wins media will stop hyping the memeflu so biden gets remembered as the guy who solved it
If trump wins they will never stop it

>>21766182
how do I avoid becoming like this

>>21765658
I'd rather not be trapped on a potential floating Kowloon.

>>21766173
>im gonna be rich with mah metals while fightin' the gubment!

lmao is this what pmfags actually fantasize about? this is hilarious

>>21766248
You either make it or end up like that

>>21766248
Unironically better than the average marriage

>>21765875
>A bunch of mouth breathers thinking in binary that we'll skip straight to madmax, instead of the decades that normies will slave away for dogfood, as a police state solidly places the boot on anyone's neck not smart enough to prepare.
You forget about mad max 1

>>21766182
too bad greece is an insignificant 3rd world nation compared to the US, the most powerful and influential country in the world with the world reserve currency and the strongest military. kind of a big difference there, champ.

>>21766248
Develop your social skills and get a girlfriend that respects and sexually desires you
>>21766294
Maybe in America

>>21766357
>get a girlfriend that respects and sexually desires you
This will last for 5 minutes

How do you find cool startups to invest in?

>>21766182
What the fuck are are you talking about? Greece's currency was and is the euro

Is anyone buying anything? Feel like it’s better to hold for the next few months. Not sure if I should just put in $500 in VOO every month.

>>21766408
Don't. There will be no "Next Tesla" or "Next Apple" for another 100 years. The market has matured and solidified.

>>21765986
isn't TQQQ a leveraged ETF where you don't actually own the underlying stock?

>>21766487
And??

>>21766487
And?

>>21766487
yeah, and?

>>21766460
Might sell gold and silver for more MSFT on Monday. If you aren't already in KTOS and NET I'd snag a position in each.

>>21766487
yes?

>>21766223
im just hoping society lasts at least another decade or two so i have enough time to make it enough to be able to afford a bunker in the wilderness near a clean stream.

>>21766223
When the unexpected happens, people freak out and sell whatever they have for supplies. Then when it becomes apparent it's not Doomsday and the government steps in, the next preparation is for the consequences of the governments actions, which will always be to take wealth from the people to pay for their bad decisions.
https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/
Whether or not a second crash will be allowed to happen is entirely dependent on how fast the Feds printer finger is. But what isn't a false narrative, is it's gonna cost people the savings they have over the decades. Then when the invertible "Madmax" Doomsday is upon us, you, or your kids, or kid's kids will be all the poorer and worse off from the generational theft that has been inflicted upon them.

>>21766244
I truly can't wait for the election. Should bring excitement to the markets.

Also, if our God Emperor Trump wins, I can't imagine the seething from Liberals.

>>21765756
Personally want to put money into Cruise Lines & Disney as they're safe plays with HUGE potential. I can see Disney going to $300 with a vaccine in play and RCL going to $150.

>>21765671
Let's picture a scenario:

Dollar collapses
Currency stabilizes
Gold Skyrockets

You know what people with Gold are going to buy?

Food
Water
Guns
Ammo

All of those assets skyrocket in value at the same time as Gold.

>>21766518
>>21766524
>>21766549
>>21766557

>>21766244

The Democrats will claim "Infinity Wave" if they win the election. The demand for power will never end. Only with the election of President Donald Trump will the panic end.

>>21766077
Then it's black market exchange, even more valuable than it is now.

Dividends stocks general?
Currently stacking monthly dividend stocks
>NHF
>OXLC
>ECC
>EDF

>>21766573
Why should the dollar collapse?
>muh printing
How's the Yen?

>>21766573
>Thinking enough people have access to gold for it to become a trade-able currency. The farmer isn't going to take your shiny rocks in exchange for food

so i got BLNK assigned to me... is this fraud investigation real or a meme?

>>21763161
>Pedophilia isn't mainstream in Japan they said. It's only otakus they said.
Jeffery would be proud.

>>21766518
>>21766524
>>21766549
>>21766557
lol, but in all seriousness i don't understand ETF's or why i would want to hold one for potentially years instead of just owning actual stock. especially a leveraged ETF instead of just say QQQ.

>>21766648
>ECC
>30% dividend
literally what

>>21766149
people are saying its going to hit 35-40 when Q2 earnings hits because they released a pre-earnings earlier and it was pretty good. people who got in at 18-20 is going to hit 2x real soon.

>>21766648
I'd rather invest in a stock that pumps, but pay no dividends than the other way around.

>>21766216
Can't afford them.

>>21766703
I’m going to buy these cheapies for sure. They had a record quarter this last quarter. EVs are going to be big

>>21766648
LIT (Lithium & Battery Mining etf...enough said)
UPS (I work there. When they replace their workforce with automation, they will skyrocket. Made mad gains from virus)
Bank of America (Will never bankrupt, still down from virus)

>>21766568
jokes on you, my kids will be rich already from the fat TSLA and AAPL stacks i leave them

>>21766182
>brown baby
>cucked even in fantasy

>>21766408
seedinvest and startengine, there are others too, I have yet to jump on anything though after like 4 years

>>21766743
These companies exist to pay out dividends. Go ahead and check the dividend history on all of those stocks I’ve listed. They all dropped because of the coronavirus but I expect them to recover in the next few years. With potential for stock growth as well

>>21766739
ETFs allow you to hold a group of stocks without having to manage 100s of positions.
Leveraged ETFs allow you to use leverage without taking on debt.

>>21766758
True. I cant imagine what salary a non finance sweaty worker would demand. Mine is even off the charts and im meh

>>21766739
What rights does owning the stock directly give you? Do you really value the voting rights of your 100 shares in Apple?

>>21766739
Because it goes up 3x faster. Your 10k becomes 650k after 10 years with tqqq, while it's "only" 50k with qqq (due to compounding) (assfigures from memory, checkout portfoliovisualizer.com for real data).

>>21766703
>fraud investigation

why do you retards gamble on penny stocks when you could just be raking in easy money with TSLA and AAPL or other mega corps that are household names with diehard cult followings?

So uh... the new GFS model run has Laura making landfall as a Cat 3 on Wednesday night

>>21766754
I like a steady stream of monthly dividends. The prices stay relatively constant but your getting like $.10 a shar monthly on a $9 stock.

>>21766703
It's likely real.

A firm went to their locations, visited them and saw just empty lots. BLNK is fucked. Plus they get shitty reviews from users. Their management is terrible. Loved their business concept though....

>>21766837
>wednesday
Perfect, there's still a little time to all-in LL.

>>21766837
As long as it steers clear of Boca Chica, I don't care

>>21766817
but doesn't it also give 3x more risk then? or do you expect TQQQ to just go up forever? just sounds a bit too good to be true so im skeptical.

im assuming there isn't a 4x QQQ or beyond, then?

WHAT STOCKS SHOULD I INVEST IN I NEED MONEY

>>21766829
36% of my portfolio is TSLA and AAPL, i just wanted to try options for the first time

Thoughts on VOOG as a solid gainer?

also if anyone wants to track the hurrifuns the best website is https://spaghettimodels.com

>>21766887
also i can't read the full story but first result that comes up, lmao: https://www.wsj.com/articles/this-fund-is-up-7-298-in-10-years-you-dont-want-it-11597417224

>>21766887
That attitude of too good to be true is good to have. I had that attitude before March. Then in March I was buying those things.

>>21766648
>muh divis

>>21766887
Look at the 1 year graph for TQQQ. It does take on 3x more risk, but even if your timeframe is "the period immediately before and after the largest stock collapse since 1929", it beats QQQ

>>21766928
https://covid19-projections.com/

best covid projection model so far, very accurate

>>21766887
TQQQ does feel like cheating, and I don't like holding 3x ETFs, but I struggle to find a downside to TQQQ specifically. Its packed with the exact companies I want and there is no reason any of them will fail.

>>21766953
Dividends are great. Last day of the month get multiple payouts that go directly into accumulating more stock. It’s a great way to grow passive income over a long period

>>21762270

This strategy has only made me $200 dollars in the course of a year. The big crash in March actually made my portfolio drop about -$1.2K.

>>21767034
Dividends are great for growing a passive fixed income, but you're not going to moonshot with them.

>>21766887
3x 0 is still 0 bro

>>21766919
as long as you didn't risk too much, that's fair. the higher the risk the smaller the gamble should be imho. there have been plenty of times where i'll through $1k at some risky penny stock just to see what happens, even if i lose half of it it's not a big deal to me. meanwhile i put 30x that into TSLA and AAPL.

>>21767076
I’m not after a moonshot. I’m trying to build a substantial second income and now is a great time to accumulate. I spread the rest of my money into VOOG, SPY, V, BLDP, and FRTA.

>>21766648
Buy REITs if you want dividends.

>>21767034
>>21767076
Every time I do the math on dividends, it just never works out. All the companies that give high dividends are companies you just don't want to hold. At this point, I no longer consider dividends when looking at a stock, only as a "bonus" factor. You can get larger returns on bonds with less risk.

Do both growth and divvies with a broad fund tossed in. Then you'd get it all.

>>21767131
Suggest some for me to look into

>>21767129
But most users here are after a moonshot because we're poorfags throwing around 4-5 digit portfolios. I would make $80/month if I invested in my local REIT.

>>21766987
how do you structure how you buy into it? like do you DCA into it, do you do something like pic related with buying a certain amount depending on how much it dips? im just wondering how i can protect myself against another crash in case it happens. i've got around $50k in my brokerage account.

>>21767139
Every single one I’ve listed have held steady in their 5 year charts with consistent monthly dividends payed out.

>>21767139
>At this point, I no longer consider dividends when looking at a stock, only as a "bonus" factor.

me with AAPL right now lmao

>>21767187
shit forgot pic

>>21767171
And with DRIP turned on in addition to adding capital in monthly that $80 will grow steadily until you have a nice passive income. Great for children as well. Set up an account and deposit some money in every once in a while with DRIP enabled and give them leg up when they come of age.

>>21767129
>BLDP
Hmm, why Ballard over the rest?

I'm close to being a millionaire than Jeff Bezos is.

>>21767262
Just a guy feeling and I’m up 10% so far so I just DCA on a red day. I like keeping cash on hand in my account for DCA purposes.

Really though after you get an emergency fund setup ( 6 months worth of expense money) you're better off tossing the excess green into the stock market. What the hell else are you gonna blow it on?. You're just letting it pile up with nothing really to show for it once you hit 6 months worth. Now that rates are shit especially.

>>21767057
Stop investing in individual stocks and start investing VTI or other ETFs. You don't know how to properly do due diligence on individual companies. You only made $200 in one of the greatest bull runs in history? Don't blame anyone but yourself

>>21767344
while only making $200 during the GOLDEN BULL RUN is pretty lol, giving up and going index instead of learning from your mistakes seems like a loser mentality

I got fucked by shiny missiles and tankers but I learned from it

>>21766648
>>21767192
>NHF
Dropped 40%, dividends cut 50%
>OXLC
Dropped over 50%, dividends cut 50%
>ECC
Dropped over 50%, dividends cut over 50%
>EDF
Dropped 50%, dividends cut over 50%

You probably think they will come back, but they wont. The reason is because you don't understand why they paid dividends in the first place.

>>21767344
sell me on TQQQ because i've been seeing it get shilled here a lot. what's the decay shit i've been hearing about? how do i structure my $50k entry into it? how do i avoid getting BTFO in case of another covid crash sort of situation?

Is it too late to buy more Apple? Feel like it is.

>>21766921

It's VOO with most of the trash companies cut out

>>21767399
The same can be said about the vast majority of stocks this year. You’re no one of importance to decide which stocks will recover and which won’t.

>>21767407
TQQQ tries to 3x the NASDAQ on any given day. Decay is the fact that if NASDAQ goes up 1%, down 1%, up 1%, down 1% for a week you'll end up down a noticable amount in TQQQ (because 3x 100 is bigger than 3x 97)

>>21767407
>what's the decay shit i've been hearing about?
Fake memes.
> how do i structure my $50k entry into it?
All-in Monday at 11am.
>how do i avoid getting BTFO in case of another covid crash sort of situation?
Walk away for 10 years.

>>21767212
Nobody has ever bought apple for the dividends though

>>21767407
Leveraged decay happens because downs cause a bigger drop than ups can recover.
For example:
Say QQQ drop 10% then goes up 10%
QQQ goes to 90% then to 99%
TQQQ goes to 70% then to 91%
This means the market has to go UP for a leveraged ETF to just break even. If the market stays flat or goes up and down a lot, leveraged ETFs will lose value.

>>21767459
Blue chip divvys are only worth it after you’ve already made it.

>>21767428
Bu it now or regret for the next 30 years.

>>21767459
I bet that's how Buffet justified to himself buying tech
>it may be newfangled but it's a dividend paying American bluechip, r-right?

>>21767441
>The same can be said about the vast majority of stocks this year.
>You’re no one of importance to decide which stocks will recover and which won’t.
Spoken like a true retard.

>>21767520
But you didn’t refute anything I’ve said. There’s nothing wrong with acquiring cheap dividend stocks..

>>21767450
but somehow the decay is still fine for holding it long term though? can i just do something along the lines of buying in 10% of my full position on red days and then selling when it gets to some arbitrary amount of profit on a green day, then repeating when it dips again?

>>21767537
YOU didn't refute anything I said. I literally just stated facts, and then you cried that it doesnt matter and personally attacked me.
Youre a fucking retard.

>>21767544
Yes that’s how leveraged ETFs work.

>>21767485
If the market stays really flat (+0% indefinitely), the leveraged ETF has no problem (3x0 = 0). If it crabs very slowly upward (any chain that leads to 0.1% weekly gains with negatives and positives), it still comes out ahead. Only if the market sawtooth's (0 or near 0 gains with large upward and downward movements) does it have problems.

>>21767544
It's fine because the market trends upwards. If the NASDAQ starts tracking the Nikkei, leveraged funds will eat shit.

>>21767567
What fact did you state? You predicted the future then called me a retard. Building passive income will always be relevant

>>21767407
https://www.bogleheads.org/forum/viewtopic.php?f=10&t=272007&sid=5dec6ecd9e42dfd04c3bcf62edf58adb

upro/tmf risk parity portfolio. I don't see why tqqq cannot be subbed in for the 3x s&p etf. very good gains, and the leveraged bond etf seems to be a very good regulator for the 3x equity etf.

>>21767544
The flipside of this fake and gay impossible decay is that it compounds really hard: QQQ goes up 3% 3 days in a row, that's ~9.3% total increase. For TQQQ, however, it's 29.5% increase (which is 3.17x the underlying's gains, better than 3x target).

>>21767576
i don't want to eat shit though, anon.

Your plays for next week, anons?

>>21767604
What would be the correct ratio if I substituted in a 2x fund? I can do unlimited daytrading and pay no commission on Canadian stocks, but Canada only has 2x ETFs.

>>21767648
50/50 is excellent if you have no risk tolerance. 20/80 is better (80 being leveraged etf) if you have normal risk tolerance. If you really want gains (you're young and this isn't rent money), go 0/100 though, really for serious.

>>21767639
All in on Splunk calls cause it has a funny name

>>21767630
so what's your entry and exit strategy with it? or did you just buy at some point in the past all at once and waited a long ass time? if the up days far outpace the down days can't i just buy the dips and then sell when it rips up like that? wash rinse repeat?

>>21767629
TQQQ is inherently a bet that the tech bull market will continue, even if there's temporary drawbacks. If you believe that, there's few better things to own. If you don't, stay away from it.

>>21767639
VMware is a public company? Huh. Maybe I'll buy some on Monday.

My plan right now is to dump all my silver and gold to double my position in MSFT.

>>21764770
I’m not the guy you've been arguing with and I don't own any oil but you really sound like a pathetic faggot.

1 more share of TSLA
or 4 more of AAPL
I've got $2k more to put in, help me decide

>>21767697
Also get ibkr for access to american stocks and go tqqq/tmf. Crap platform but the difference in gains from 3x to 2x is too much to be worth missing out. Fuck wst.

>>21767648
I don't know if there's a leveraged US 20 year bond etf on the market. But this strategy doesn't really favour day trading. Obviously you'd balance out the ratios between the two paired positions.

>>21767596
I told you exactly what happened to those stocks, and then told you exactly what will happen with those stocks. You don't understand WHY they paid high dividends so you believe that they can "recover" like a normal stock. The reason they paid high dividends is because they cannot grow and hold a lot of debt. Now they make less money and had to take on more debt to stay alive. This combination results in a lower stock price and a cut dividend. They CANNOT recover outside of a miracle. It has nothing to do with "predicting the future," its literally just how things work.

>>21767297
>being a billionaire means you’re not a millionaire

>>21767710
>can't i just buy the dips and then sell when it rips up like that?
If you can time peaks and troughs, you can get a nobel prize in economics.
That's why buy and hold is better. It's less work and you're less likely to miss gains.
There are of course techniques to help attempt to minimize downtrends for even higher gains, but it's more involved and unproven. You need to really have faith in the method or you're better off with buy and hold.
You can wait for a dip, but there's a great chance any dip will end up costing you more than the current price.

>>21767712
i have no reason to believe it won't continue, to be fair. the question is more in line with how can i keep getting in and getting out instead of just parking all my money there and waiting a couple of years? guess i'll have to look at some charts and see how reasonable it is to DCA through red days and sell on green days.

>>21767750
In terms of class that's pretty much true. The average white boomer with two cars and a boat is probably in the low millions. Jeff Bezos is not a random grill master.

>>21767639
I'm investing heavily in grief. Just not the company.

>>21767723
what do you have now

>>21767639
ive heard amazing things about hormel. anyone attest?

>>21767768
I don't see why not to just park all your money there and wait. Just watch it like a hawk because there's the lingering fear of the market suddenly deciding to retest March lows.

I JUST WANT 3k GAINS FOR A TRIP TO JAPAN GODDAMNIT

>>21767808
i use their pepperoni when i make pizza, pretty good.

>>21767748
The dividends were cut for the company to weather the storm. Even if they don’t recover, the entry price is still low, and the dividends are still flowing. NHF is $9.80 right now and has been consistently been paying out $.10 a month during the pandemic. $9800 invested nets you $1200 a year free and clear. With DRIP enabled that monthly income will continue to grow.

>>21767802
1 TSLA and 4 AAPL, that's it
no joke

>>21767812
see that's what worries me. might just wait and if that happens i'll go all in at that point instead. until then i'll just continue accruing capital by playing hype news events (like TSLA and AAPL currently and eventually NVDA and AMD and probably some big biotechs like PFE or other things if there is some hype around covid related vaccine shit)

>>21767813
You would be so disappointed. I’m white and 6’3 and it was barely worth it. These girls are autistic and will not fucking do anything unless specifically told.

>>21767851
You can do whatever you want, I'm just giving you knowledge.

>>21767855
Expose yourself to construction infrastructure. You better believe an infrastructure package/ jobs program is coming. My CX is up 8% already

I have about $75,000 in cash/stock and $40,000 in my 401(k). I only have $17,000 invested out of that $75,000. You think I should just hold for now? I know I need to start investing more, but I feel like a crash is severely overdue.

>>21767723
here's what I'm bullish on and playing with right now
>MSFT
>NET (careful because the CSO was just charged criminally but OTHER THAN THAT they're fantastic)
>KTOS
>TQQQ

>>21767874
Just go to Thailand if you're looking for sex, bro. It's as good as you'll get

>>21767855
You have little so go for the big gains, TSLA obviously. Ride the wave till October and switch to Apple.

>>21767907
Kek how are you able to do this?
I am so extremely addicted to stocks I throw I whatever I have

>>21767871
It's entirely possible or even more than likely we won't dump more than 5-10% in the next 5 years, and you'll really regret waiting. OTOH, there's a strong argument for waiting until January to make sure the US election goes smoothly.

>>21767855
I'd say 1 more TSLA then

>>21767930
Do you really think TSLA will go further? I've been resisting FOMO because it's clearly overvalued but I said the same thing a thousand dollars ago.

>>21767344
>DD
In this market, where Tesla is valued at $300bn while operating largely in negative margin territory?

The market that propped up ZM, which is doing /nothing/ new?

Where AAPL can add 30% in 4 weeks with no intrinsic motivators other than price climb itself?

No, right now it's about trend following, nothing to do with DD or accurate valuation.

>>21767714
LMAO, you're pretending to be someone else but you haven't even bothered to make any other posts first, retard. You're still furious and it has been hours.

>>21767946
>OTOH, there's a strong argument for waiting until January to make sure the US election goes smoothly.
that's probably my main argument in all sincerity. plus whatever covid does during the fall/winter. until then plenty of catalysts to play in normal stocks until then, when the dust settles in jan/feb i can decide what to park my money in for the long haul.

>>21767975
I didn’t said hold, that bubble will not burst, it will explode. But not yet, too much greed to let it pop when it’s still so small.

>>21768005
VOOG

>>21768030
>still so small
what do you think it'll go to, a trillion dollar market cap?

>>21767813
Dorobo

>>21763278
OH I FORGOT ABOUT ARCHER DANIELS MIDLAND
I might buy them too.

Can I get a QRD on what the hell has been happening with oil? I stopped paying attention after it went back above $40 and established that it was comfortable there.

>>21767936
Low risk tolerance.

>>21768094
Ctrl F “Google Trends” in this thread and find my previous post about the upcoming bubble. Cant find it now, Im on mobile.

>>21767639
Anecdotal but a Dollar Tree just opened up a year ago near me. It was pretty dead until Lockdown started in March and then it ended up really busy. Don't have any specific reasoning, but yeah.

>>21767874
>will not fucking do anything unless specifically told.
this sounds like good wife

How do I profit off of this?

>>21767297
....Technically speaking...he's a millionaire...just 10,000 times over.

Fucking ridiculous. Our Capitalism has this fault. Once you reach a certain finanical setting (10 mill), it becomes SO FUCKING EASY to make money.

My measly 10k is nothing in comparison to 100 billion that Bezos could put into TQQQ and live like a God Emperor.

>>21768131
Yeah I saw them, I'm not convinced desu. Search data has been a pretty mixed indicator for me. Failed hard at calling the bottom in March which is the last time I used it.

>>21768217
It failed then because Robinhood kids started a bit later. Plus what the fuck do you google when Dow Jones goes from 30,000 to 18,000 in a week. It was all about the virus then.

>>21768205

>>21767129
Here's mine. I'm transferring more into VUG because my 401k doesn't have qqq. Probably get rid of bonds and vxus eventually.
Have around 20k in Robinhood in soxl tqqq appl

>>21768205
The answer that best preserves capitalism without causing a revolution is a UBI. Doing nothing will lead to a "let them eat cake" style revolt, and I'd rather not Commisar Cleetus and Stasi Oberst Jamal be in charge.

>>21767639

Dicks - cuz of guns and shit

>>21768270
Unironically the Wealthsimple one week waiting period cost me a fuckton of money because the first thing I bought was SQQQ

>>21768308
you have to make it tough to get.

It has to be elections from now and chipping away before you give them it. It has to be slow and drawn out with a big "winning moment" of $1000 a month UBI in 2028 when half the jobs are automated already.

It's all about relative gains.

Public healthcare is before UBI though.

>>21767948
>>21767930
holy hell another $2k for 1 share, what am I doing
gl 2 me i guess

>>21768361
im down. i've always just been shooting for a minimalistic comfy lifestyle in my bedroom and backyard forever anyways.

>>21768385
hold long enough and those 2 shares will magically turn to 10!

>>21768361
I don't make nearly enough money that a 0.1% tax on financial transactions by banks would cost me more than $1000 a month. The vast majority of people don't. Delaying it is just spite.

>>21768308
Seems inevitable that UBI will come to exist sometime in our lifetime.

Make the 1% pay for it. They've made SOOO much fucking money from the stock market in March.

Especially the 0.1 percent.

Fuck, imagine you're worth 10 million dollars....and a man worth 1,000 times more than you walks by...

NEW
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>>21768190
Wasn't there one recently nobody noticed until after it zipped by?