/biz/ - Business & Finance

What is a good percentage to keep as cash rather than in stocks cause of all the ptential rockiness the market may experience in the next few months?

http://www.strawpoll.me/21018147

why is /smg/ being archived lmao

>>22905191
Dunno, were we autosaging with less than 300 posts? It was pretty weird.

>>22905212
I don't think so. I thought the prior two threads were still on the first page.

Will nasdaq see 11800 today?

GME to $20 by Christmas
https://music.youtube.com/watch?v=H9K8-3PHZOU&feature=share

>>22905185
Hey ur asking my question lol. Thanks for reposting the question.

Since im unemployed what percentage should i keep as cash? Asking cause if something causes the markets to dump (eg if stimulus doesnt pass next week) hard ill be btfo'd if im all in.

>>22905191
I suspect it is the janny. Idk why tho perhaps paid off by anti gme hedge funds?

hello /smg/ !!
how are you doing this evening
what do you think about the futures
what do you think about stocks for the rest of 2020

>>22905414
>how are you doing this evening
I'm ok. Watched Iron Man, had a glass of wine. All is fine.
>what do you think about the futures
I think the future will be fine. I don't live anywhere near the niggerriots so they're quite entertaining to watch. All the police bodycam footage youtube videos have been pumping content like mad.
>what do you think about stocks for the rest of 2020
very good. must buy. many such cases! we live in unprecedented times in the greatest economy the world has ever known.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

FUTURES CRASHING

>>22905454
good te hear it
my stocks were all green today...

>>22905460
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHH

>>22905460
Kek thatpic

>>22905460
I hate this meme

only green ids will make it

>>22905520
lollllllllllllllllllllllll

>>22905520
Good.

What’s your feeling on CMPS? I bought before the top, a bit in red now, do I dump, hold or double down and lower my cost basis?

I'm so drunk I don't think I can take myself to bed. I'm just glad I was able to make a new thread before my fingers forgot to cooperate. Godspeed, Iove you all.

>>22905368
Np fren I think ur strawpolls are cute and fun and give us stuff to actually talk about so is good.

>What percentage should I keep as cash?
Personally I'd only keep about a third to half of my holdings as cash, and only then so I could sell puts to get a good buy in price and generate minor revenue while waiting to get back into the pool, but I guess it all depends. If you're REALLY worried, just stash shit in SPY or some divvie ETF for a while. But the whole point of having cash is so you can jump on opportunity.

>>22905631
>a third to half of my holdings as cash
o.o that's a lot

>>22905624
I'm just a newfag retard investor still getting outperformed by SPY, but I'm of the mind that unless you are 100% certain you can do something better with the cash you have in a losing stock, you're better off bagholding. Stocks can always turn around, but when you sell off you're confirming a loss that you may or may not then be able to turn into a profit. Why not just ride it out and not confirm the loss?

This is assuming imperfect knowledge, though. If you have clear DD that points to stock A that you want to buy outperforming stock B that you're bagholding, I can see the argument for it.

>>22905656
Sure, but we're talking about uncertain market direction. If I can't predict which way the wind will blow, why wouldn't I just take shelter?

AAAÀAAAAAAHHHHHHHHHHHHH FUTUTES RED HOLY FUCK ITS OVEER ÀAAAAAAHHHHHHH

Run away! Run away! Run away and save GME!

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>>22905729
holy fuck disgusting

im taking my JAN 15 x8 and 18 x5 GME calls (currently up $1000) and getting out of here

>>22905815
Based GME investor

Boomer bump
Buy HD

4am gang

>>22906626
japan gang