Investing, Stock Market and Retirement Planning Thread
Investing, Stock Market and Retirement Planning Thread
Debating on buying 1 GOOG before the split.
-
- Posts: 60977
- Joined: Sun Oct 04, 2015 2:00 pm
- Location: FUCΚ! Even in the future nothing works.
Investing, Stock Market and Retirement Planning Thread
I'm debating whether or not to ease off on my brokerage purchases for the time being to see where everything is headed. Inflation went up again, and I've read articles stating that it's close to going back down to it's going to get a lot worse. While my 403b contributions won't change, I'm thinking about shifting more money into my savings account in the short term.
-
- Posts: 42672
- Joined: Thu Mar 26, 2015 10:58 pm
- Location: More of a before-rehab friend...
- Contact:
Investing, Stock Market and Retirement Planning Thread
This is a good opportunity for someone like @dodint to daytrade BTC...it will probably just go up and down between $28k and $32k in waves for a while, I suspect...
Investing, Stock Market and Retirement Planning Thread
Forward looking statements from the ARK pumper. Cool.
-
- Posts: 27629
- Joined: Wed Mar 25, 2015 3:03 pm
Investing, Stock Market and Retirement Planning Thread
https://www.cnbc.com/2022/06/13/bitcoin ... -hike.htmlBitcoin tumbled below $24,000 late on Monday, hitting its lowest level since December 2020, as investors dump crypto amid a broader sell-off in risk assets.
Investing, Stock Market and Retirement Planning Thread
Nice job mikey.
-
- Posts: 12522
- Joined: Sat Mar 28, 2015 3:50 pm
Investing, Stock Market and Retirement Planning Thread
Works well in an inflationary environment
-
- Posts: 27629
- Joined: Wed Mar 25, 2015 3:03 pm
Investing, Stock Market and Retirement Planning Thread
Actually pretty amusing though right?
My understanding is that folks are dumping crypto because they are anticipating rate hikes. So essentially, once capital can get a return on dollar holdings, they dump crypto (because it's just a speculative asset).
So yeah, not a great inflation hedge.
My understanding is that folks are dumping crypto because they are anticipating rate hikes. So essentially, once capital can get a return on dollar holdings, they dump crypto (because it's just a speculative asset).
So yeah, not a great inflation hedge.
-
- Posts: 19483
- Joined: Wed Mar 25, 2015 5:02 pm
- Location: Monroeville, PA
Investing, Stock Market and Retirement Planning Thread
buy the dip right? ha.
Investing, Stock Market and Retirement Planning Thread
We still dipping
-
- Posts: 60977
- Joined: Sun Oct 04, 2015 2:00 pm
- Location: FUCΚ! Even in the future nothing works.
Investing, Stock Market and Retirement Planning Thread
When I dip you dip we dip
Investing, Stock Market and Retirement Planning Thread
I made the mistake of looking today. It's sickening how quickly everything has fallen.
-
- Posts: 60977
- Joined: Sun Oct 04, 2015 2:00 pm
- Location: FUCΚ! Even in the future nothing works.
Investing, Stock Market and Retirement Planning Thread
I’m just not updating Quicken for a while. The only good thing is that my 403b investments will be cheap this week.
Investing, Stock Market and Retirement Planning Thread
Debating on pulling stuff out of the brokerage and putting it into an I bond. At least that's a guaranteed 9% return for the calendar year (albeit tied up for 15 months)
-
- Posts: 42672
- Joined: Thu Mar 26, 2015 10:58 pm
- Location: More of a before-rehab friend...
- Contact:
Investing, Stock Market and Retirement Planning Thread
We found the local bottom today in terms of SPY. Should be a real nice rebound coming...
Just bought some more BTC too, as it's on sale...
Just bought some more BTC too, as it's on sale...
-
- Posts: 60977
- Joined: Sun Oct 04, 2015 2:00 pm
- Location: FUCΚ! Even in the future nothing works.
Investing, Stock Market and Retirement Planning Thread
Mikey you idiot, are you trying to shafjinx this?
-
- Posts: 42672
- Joined: Thu Mar 26, 2015 10:58 pm
- Location: More of a before-rehab friend...
- Contact:
Investing, Stock Market and Retirement Planning Thread
I don't have jinx ability. I'm an informed guesser...
Investing, Stock Market and Retirement Planning Thread
I remember when you said that at like $410 lol
-
- Posts: 60977
- Joined: Sun Oct 04, 2015 2:00 pm
- Location: FUCΚ! Even in the future nothing works.
Investing, Stock Market and Retirement Planning Thread
The million dollar question is how long this bear market/recession will last. I’ve read everything from one year to we’re all going to lose 150% of our savings.
-
- Posts: 12528
- Joined: Sat Mar 28, 2015 5:45 pm
- Location: Phil Kessel's name is on the Stanley Cup. Thrice.
Investing, Stock Market and Retirement Planning Thread
Yeah well happy **** TuesdayI made the mistake of looking today. It's sickening how quickly everything has fallen.
-
- Posts: 28180
- Joined: Thu Mar 26, 2015 12:12 pm
- Location: Methuselah Honeysuckle
Investing, Stock Market and Retirement Planning Thread
Wharton dude said the recession is already priced in…The million dollar question is how long this bear market/recession will last. I’ve read everything from one year to we’re all going to lose 150% of our savings.
-
- Posts: 60977
- Joined: Sun Oct 04, 2015 2:00 pm
- Location: FUCΚ! Even in the future nothing works.
Investing, Stock Market and Retirement Planning Thread
Dafuq does that even mean?Wharton dude said the recession is already priced in…The million dollar question is how long this bear market/recession will last. I’ve read everything from one year to we’re all going to lose 150% of our savings.
-
- Posts: 28180
- Joined: Thu Mar 26, 2015 12:12 pm
- Location: Methuselah Honeysuckle
Investing, Stock Market and Retirement Planning Thread
Maybe another 5% drop but otherwise everything is already as low as it should drop if a recession happens, which means excellent buying opportunities right now.Dafuq does that even mean?Wharton dude said the recession is already priced in…The million dollar question is how long this bear market/recession will last. I’ve read everything from one year to we’re all going to lose 150% of our savings.
Investing, Stock Market and Retirement Planning Thread
Yeah the rate hikes were already priced in too. We see how that went.
-
- Posts: 28180
- Joined: Thu Mar 26, 2015 12:12 pm
- Location: Methuselah Honeysuckle
Investing, Stock Market and Retirement Planning Thread
The compounding problem is that the rise in amateur investors means that pricing models are largely garbage at this point. Social popularly, meme stocks, panic selling, overbuying, etc. Everything is a free for all of rash, ill informed decision making. Rate increases and inflation are probably priced in with a model from 20 years ago, but everything now is nonsense so who the **** knows.
Who is online
Users browsing this forum: nocera and 195 guests