*Investors Blog*
- Thread starter Warstud
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I could tell so many stories of my STUPIDITY with money in years past, but I have fixed it and moved on. Making terrible mistakes is, well, human. The real tragedy is when there is no learning from them. Be it with money or anything in life. Live and LEARN!
Zee09
$200 Site Donor 2023
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Yeah you're not alone...
I only had one person ever pay me back a loan and it was my nephew and it wasn't more than a few k.... and he is young.. him I will remember...
They have just ended the T word on big tech. Thats 23% of China imports. Everything else is "paused". I see this as a pause or cease fire personally. I will be buying tech on Sunday night, and likely prefered's or bonds on Monday at open. I think they looked under the hood of the bond market and ran screaming like school girls.
So new highs would not surprise me at all. But we will need to get them before September because liquidity is supposed to dry up then. Unless the central banks start buying debt again, which is always possible.
Zee09
$200 Site Donor 2023
- Joined
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What tech you buying
I know nothing about tech.
Having said that I like AMZN but I still have a lot I bought on the start of this crazy. I sold GOOG but will buy again probably. (I buy the C shares) Maybe APPL.
Or I might just buy QQQ, or a small amount of TQQQ?
Zee09
$200 Site Donor 2023
- Joined
- May 5, 2018
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I like tech money but the swing can be a killer. In 3 days I was down $20k on Tesla and got out by a miracle up $15k.... a real drama rideI know nothing about tech.
Having said that I like AMZN but I still have a lot I bought on the start of this crazy. I sold GOOG but will buy again probably. (I buy the C shares) Maybe APPL.
Or I might just buy QQQ, or a small amount of TQQQ?
Yeah Amazon gave some great swings but some fear too.
I think I'm playing junior varsity this week .... taking a break and going for grocery money
Too many unknowns and high chaos levels. If all these paused tariffs go into motion as planned, then it's going to choke the economic growth, and most likely cause more inflation and supply chain issues as everyone scrambles. Then the "plan" will change again, causing more chaos. Markets don't like constant chaos. Might be good for the day traders and short term investors if they can follow the bouncing cat well.
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I think the new high comes in 2Q 2026.
Because exemption?
Well, things change.
News this am says they tech including pharm, will be under new tariff in a month
Who the bleep knows
That and extremely critical defense and communication microelectronics. Total laxness or worse from our leaders at multiple levels
Tariffs on China now up to 245% as of today. I suspect the market is getting used to it, not much happening right now.
Also;
Retail sales surpass expectations up 1.4%
( I know my wife and I helped with that sales number
)
Also;
Retail sales surpass expectations up 1.4%
( I know my wife and I helped with that sales number
)
One account, so far this year.
Tariffs on China now up to 245% as of today. I suspect the market is getting used to it, not much happening right now.
Also;
Retail sales surpass expectations up 1.4%
( I know my wife and I helped with that sales number
china imports ended already when the tarriffs were 145% (for the categories affected), so 245% makes no difference.
Well, yeah, it does. My wife tracks and facilitates orders around the world. A LOT of product comes from China. In ways and areas many havent thought about.
I dont expect many people to have thought about this, however, this one order today (out of many) that has shipped from China, 6000 items ordered months ago customized and sold to a customer by a sales rep here in the USA. How does that sales person explain the price will be 245% higher for those 6000 items when it arrives?
If this customer was lucky possibly it was already re-quoted at the 145% increase, now before they are to get it, will be told another 100% had to be added on. If the customer declines they are stuck with 6000 customized items, however chances are they will be sold to the customer (MAYBE) and the USA company will take a big hit or the customer will rightfully "bail out" on the transaction.
We are in uncharted territory. Many Americans have no clue how every aspect of their lives would change if this isnt resolved. However I know it will be. There is no other option. Good news is, for sure, over the next decade companies will look at China as an unreliable source and a steady move away form relying on them will occur. It was only a matter of time that our trade with our enemy wouldnt last forever. That horse is already out of the barn. Even the big names like Apple are now offshoring from China but a long way to go.
This is just one tiny example.
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Its changing... Rapidly... Stay tuned!
