Owen Lucas
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I am also looking forward to the market imploding and massive dips, everyone should have at least some dry powder on the sidelines just for this purpose.
Investing Strategies. What is your move?
- Thread starter PimTac
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There are closed-end funds (CEFs) that between their NAV to price difference and dividends consistently give back 6-10% per year.
Basically it comes down to RISK.
Whether your account is $1000 or in the millions, your decisions will be based on your own level of risk.
Last 5 years I’ve done ‘momentum trading’ which is basically what’s the flavor of the month….
Pfizer was a perfect example of this type of trading, I had zero interest in this company but I benefited from 24/7 talk about the ____ illness.
Whether your account is $1000 or in the millions, your decisions will be based on your own level of risk.
Last 5 years I’ve done ‘momentum trading’ which is basically what’s the flavor of the month….
Pfizer was a perfect example of this type of trading, I had zero interest in this company but I benefited from 24/7 talk about the ____ illness.
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Owen Lucas
$100 Site Donor 2023
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Any recommendations for ETF's without exposure to tech?
So far I found:
First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT). The index that the fund tracks is equal-weighted, composed of the securities comprising the NASDAQ-100 Index that are not classified as "technology" according to the Industry Classification Benchmark (ICB) classification system.
So far I found:
First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT). The index that the fund tracks is equal-weighted, composed of the securities comprising the NASDAQ-100 Index that are not classified as "technology" according to the Industry Classification Benchmark (ICB) classification system.
Let’s say there’s a 40% drop, what would you buy ?
S&P500 index. If the market really dropped that far, a market index is a no-brainer
VTI or ITOT or VOO or IVV - I prefer ETFs over MFs. If you plug these into a backtest site like the one below you'll see historically they're all the same.
https://www.portfoliovisualizer.com/backtest-portfolio#analysisResults
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The biggest risk is taking no risk at all.
Yes but we now get into different kinds of risk. Systemic risk would be market related. Unsystematic risk is non market related. Then there are several other risks that would take a long time to post.
The point is that nothing comes without risk.
https://www.wallstreetmojo.com/investment-risk/
My primary threat is inflation. I have no time to play the marketsSince the original investor thread goted , let’s try the second edition.
2022. Inflation. Rising taxes. The shifting into a new economy. How are you adapting your investments and portfolios?
Fully 50% of my savings are in physical Gold and Silver the value of which is nearly indestructible in anything but a mad max scenario.
Prices are attractive, but the premiums for physical seem excessive to me. Apparently lots of market manipulation via shorts also.
I'd like to stock up, but I'll only pay a reasonable amount over spot.
$5-$6 premium on $25 silver is indeed the definition of insanity and gouging.
The time to accumulate precious metals is when nobody is paying attention to them. Right now the ads and commercials are rampant.
I guess it's time for you to start buying as much stock as you can.
I have been been a fianacial conservative for a long time. At this point, I am not doing anything because my investments are sound.
I am meeting with my Schwab Private Client reps next week; they will advise a few adjustments. But no big deal.
Basically I am at a point in my life where, luckily money is not an issue. This came from staying the course. And Silicon Valley. And luck, I'm sure.
30 years ago I told this super hot gal I knew (she was married, but... ) I couldn't save or invest because I didn't make that much money. She toldme, "Maybe you need to make more money." So I did.
I wouldn't mind a little more TSLA... Just for fun.
Yes the premiums over spot in silver have been crazy since 3 months into the "pandemic" .
In Gold the spread from spot to retail price for physical ( spot+ spread) is much much smaller when considering by %age.
This is the reason I have switched form Silver to Gold since spring 2020.
I refuse to pay 20% and more premium for physical, which is where silver coins sit now. (bars are a bit better but i like 1 oz coins for acceptability in a WROL situaion)
All my silver was bought when the premium was 10-12 %.
Right now Golds spread is still well under 10%
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Amazon down big after hours.
Maybe consumers are curbing their online NON necessary spending due to inflation of necessities things like food, gasoline and housing ?
70% of our GDP is consumer spending. Lots of folks on a tight budget are circling the wagons and going into hunker down mode.
Maybe consumers are curbing their online NON necessary spending due to inflation of necessities things like food, gasoline and housing ?
70% of our GDP is consumer spending. Lots of folks on a tight budget are circling the wagons and going into hunker down mode.
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