Investing Strategies. What is your move?

PimTac said:
Answers will vary but it depends on the time frame you want this money parked. If less than two years then a money market is pretty much the answer. Don’t expect any interest from anything safe right now.
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Thank you for jogging my memory. Yes, mine would be less than 2 years. The highest high yield savings account I found today(didn't fact check) claims 0.85% APY: https://gobank.lendingclub.com/high...&utm_medium=referral&utm_campaign=00531&pid=2

High yield savings account and/or money market account seem to be the only options? At what point is it worth the hassle?
 
doitmyself said:
Thank you for jogging my memory. Yes, mine would be less than 2 years. The highest high yield savings account I found today(didn't fact check) claims 0.85% APY: https://gobank.lendingclub.com/high...&utm_medium=referral&utm_campaign=00531&pid=2

High yield savings account and/or money market account seem to be the only options? At what point is it worth the hassle?
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Right now who knows? Even with a five year time frame I’m not sure I’d want to take any chances, especially if this money is meant for a college education or a house down payment.
 
PimTac said:
Right now who knows? Even with a five year time frame I’m not sure I’d want to take any chances, especially if this money is meant for a college education or a house down payment.
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What is the risk of a high interest saving account or money market account? Aren't the funds available immediately at no penalty? Or, am I missing something.
 
PimTac said:
Answers will vary but it depends on the time frame you want this money parked. If less than two years then a money market is pretty much the answer. Don’t expect any interest from anything safe right now.
Click to expand...
Barkleymut said:
doitmyself - not really

I just cashed out everything, the straw that broke the camel's back --- Target, WMT, and LOW earnings all in the toilet. If people are not spending their money at those stores - they are not spending. Just my guess - the market is headed for a few rough months...much rougher than the past few.
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I think these are a good buy right now, I’m still long in WMT. I would consider buying more if I wasn’t already invested.
I can see WMT at $180 by years end.
Just out of Covid and both companies revenue came in higher than expected.
Earnings simply were an adjustment to staffing and inventory levels as stated by WMTs CEO.
I believe him that Wall Streets reaction is overblown.
 
doitmyself said:
What is the risk of a high interest saving account or money market account? Aren't the funds available immediately at no penalty? Or, am I missing something.
Click to expand...


The funds are available immediately. The issue right now is the spending power those funds will have with inflation at record levels. It is a unknown.
 
Barkleymut said:
doitmyself - not really

I just cashed out everything, the straw that broke the camel's back --- Target, WMT, and LOW earnings all in the toilet. If people are not spending their money at those stores - they are not spending. Just my guess - the market is headed for a few rough months...much rougher than the past few.
Click to expand...

Consumers are watching every dollar especially now that gasoline is expensive.

Even Slim Jim has seen their sales at gas stations drop because people who used to grab a $3 Slim Jim, give the clerk a $20 bill and say put the rest on pump # 5….

Now they need that extra $3 in their gas tank. I’m not joking around.

https://nypost.com/2022/04/15/why-beef-jerky-sales-are-plummeting-as-fuel-prices-go-up/

.
 
Barkleymut,

Markets will drop later this year when very big companies start saying they will miss their earnings estimates…… trying to soften the blow and forewarning Wall Street ahead of time so their stock tanks less.
 
A good article from CNBC about the retail sector and how inflation is affecting it.

https://www.cnbc.com/2022/05/18/wha...epot-and-lowes-tell-us-about-the-economy.html


One sentence caught my eye:

“On the other hand, he said, some customers have sprung for new patio furniture or eagerly chased the flashy new gaming console, he said.”



I cannot speak on the gaming console but I know someone who bought patio furniture to use as a dining set in their apartment. Much cheaper than buying a dining set in a furniture store. I hear that this is catching on.
 
Ressesion ... one way to help temporarily curb inflation. With the way people have been spending money lately, even as inflation keeps going up, it's no wonder the spending wall will be eventually realized and hit by many consumers, and spending and demand will decrease, then production decrease, jobs decrease. It's a big reactionary whiplash machine that seems to be setting itself up for some big oscillating extremes.
 
PimTac said:
Since the original investor thread got 🔒ed , let’s try the second edition.

2022. Inflation. Rising taxes. The shifting into a new economy. How are you adapting your investments and portfolios?
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2.7 million Rubles for $20k about 7 weeks ago. will be better than 20 to the dollar this time next year it
 
I think I live in an alternate universe world or maybe just a skeptic. I also don't see myself as overly wealthy, if I was I think I would be buying another house here in Florida maybe this week but would have to give up way too much moving from my house in South Carolina, unless I find that golden goose of a deal and maybe with this correction and higher interest rates, falling lumber prices, that might become a reality in a year or two.

I don't totally disagree with some negative posts in here but ... this kind of stuff happens at market tops, its a correction to me, nothing more. Get a little panic and an excuse to take profits and the market takes a hit.

I think 3 months or less, maybe tomorrow common sense will settle in when people see the world is still here, people ( market funds will have to be invested also) still want to buy things, at least I do and everyone I see around me. Still can't buy a car because production so far behind on almost every product known to mankind.
I only see positives in front of me as we come out of this pandemic.

I here in Flordia right now watching people test ride 2018 Boston Whaler Outrage used boats for $800,000+ or that 65 foot Hatteras.
Personally I think the only damper on the economy is the lost wealth affect of peoples unrealized gains diminishing in their 401k plans. I do agree this is a hinderance to the investor and some spenders but not to stock market funds and 401k's which is a nice buffer.

Ok, so forget my impressions, as far as my individual stocks that I self invest in a Roth, I am still long on, sure it stings a little, not turning unrealized gains into gains but again, Im still long term and past the time in my life of timing the market.
I expect all my stocks to bounce back in 3 months or less, WMT, TMUS and WFC. Even Walmarts revenue is above expectations, they just had some issues with the pandemic rebound as many companies have.

Anyway, for the market long term this is all healthy news as long as the government doesn't due too much intervening again as all we did was kick the can downtime road until the other day...
Ok, its 5AM, wife has a fishing trip chartered and I have to get going.;)
 
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Dave Hess said:
I wonder how many over leveraged investors are getting Margin Calls with FAANG type stocks getting hit ?

Margin debt had been very high recently. A few months ago it hit a record high.

Some folks went crazy with margin buying near the peak.
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Did that during the 2007/2008 peak.
Never Again.
 
alarmguy said:
Yes, My brother bought a home on the water no less, when rates were above 15%.
It was a 5 year adjustable and worked well for him. Todays rates are still a bargain right up to 8% maybe more.

Back to the market, going to be interesting. I have no idea which way we will end up by summer but Im still holding everything for the long term because I believe in what I own.
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Right on big A. There was a reason I invested in what we have in our portfolio and it has weathered many market corrections, swoons and crashes over the last half century plus. We will cut back on our spending and do without many things which we now purchase. Our parents on both sides lived through the depression of the thirties and we understand the old adage, "all things in moderation." Others who have never experienced doing without are going to have a hard time understanding doing without. But they will.
 
Barkleymut said:
doitmyself - not really

I just cashed out everything, the straw that broke the camel's back --- Target, WMT, and LOW earnings all in the toilet. If people are not spending their money at those stores - they are not spending. Just my guess - the market is headed for a few rough months...much rougher than the past few.
Click to expand...
People are spending money and revenue at Walmart for the quarter exceeded WallStreet estimates.
The company miss judged supply chain and staffing at its stores coming out of Covid.
This is straight from the CEO.
Now is a great time to get in because of the overreaction on Wall Street.
This is one of my favorites for an uncertain economy and stock market
 
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