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/biz/ - Business & Finance

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49395695 No.49395695 [Reply] [Original]

The market bubble of the last decade is over. Reject FAGMAN and embrace stable, boomer-tier consumer staple companies and utilities.

>> No.49396903

Your silence is deafening.

>> No.49396958
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49396958

>>49395695
How about land gold crypto and wheat

>> No.49397036

>>49396903
I'm unironically mostly in consumer staples, deep value and energy right now. HALF of my portfolio is in Oil and natural gas. I got stopped out of most of the tech shit I held back in February and March and am now hedging what remains of it with leverage inverse broad market ETFs. My tax bill is going to be kookoo bananas next year but it beats being an eternal bag holder and whatever gains I make on what I'm holding now will off set any taxation. Can't be as bad as what I paid for having sold off 90% of the Bitcoin I'd been holding since 2017 during this year at tax time.

Most of this board is comprised of retarded poorfag zoomers who don't have anything more than a $5k shitcoin portfolio so don't be surprised if none of them understand what we're talking about.

>> No.49397059

>>49396958
Add oil and I'd invest in your end of the world fund.

>> No.49397110
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49397110

Based Leonardo of Biz reference, OP:
https://www.youtube.com/watch?v=UrEUzKTt7j0

>> No.49397445

>>49395695
Tesla or bust

>> No.49397904

>>49395695
this is right. utilities (XLU) and consumer staples (XLP) should both do relatively well compared to the major indexes, but they'll still go down. If you're not willing to go short or day-trade, then I think /cashgang/ is the way to go for the foreseeable future.

>> No.49397919

>>49397445
how about both, good sir?