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Master Thread Stonks/Options/Investing - come build your tfsf yolo stock portfolio

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MVTPatriot

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So my biggest concern was a long term negative effect on my portfolio. My broker told we are in a good spot.

However, today's #'s a pretty bad. What's to keep from having a big correction occur over the next couple of weeks?

Anybody have any thoughts? I'm thinking I should convert some to cash to have on the sidelines in reserves, then look for buying opportunities later. I did this with the bottoming this year with Covid However I think this year was a little easier to predict the turnaround.
 

CBradSmith

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The really interesting thing about all this is that a playbook has been revealed to the general public. Now that the cat is out of the bag, there is no putting it back in.

Gonna be interesting to see how the establishment tries to regulate this away
It certainly appears that a new check is in place to predatory shorting funds.
 

shiv

John
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So my biggest concern was a long term negative effect on my portfolio. My broker told we are in a good spot.

However, today's #'s a pretty bad. What's to keep from having a big correction occur over the next couple of weeks?

Anybody have any thoughts? I'm thinking I should convert some to cash to have on the sidelines in reserves, then look for buying opportunities later. I did this with the bottoming this year with Covid However I think this year was a little easier to predict the turnaround.
It's really difficult to have an investing discussion, because it seems like very few people understand the difference between investing based on a set of principles versus speculating.

But IMO the play right now is:

Have a majority of your portfolio in broad market stocks and bonds. Weight it something like 60 stocks / 40 bonds

You have no idea how long this thing will run.

If there is a massive correction then slowly start shifting the knob back to heavier stocks. Its how I played the March/April 2020 crash on a macro level.

It's a good way to position yourself to do well no matter what happens
 

Thasubliminal

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It's really difficult to have an investing discussion, because it seems like very few people understand the difference between investing based on a set of principles versus speculating.

But IMO the play right now is:

Have a majority of your portfolio in broad market stocks and bonds. Weight it something like 60 stocks / 40 bonds

You have no idea how long this thing will run.

If there is a massive correction then slowly start shifting the knob back to heavier stocks. Its how I played the March/April 2020 crash on a macro level.

It's a good way to position yourself to do well no matter what happens
Im just going to ride the negative index ETFs for Biden's whole presidency.
 

shiv

John
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Im just going to ride the negative index ETFs for Biden's whole presidency.
I just think that despite the economy turning into a disaster, there is going to be no way to stop inflation which will be reflected to some degree in a rise in equities. Huge risk for opportunity cost by fighting against the market.

And equities remain slightly attractive relative to the disaster that is the bond market.
 

SoonerMD09

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I just think that despite the economy turning into a disaster, there is going to be no way to stop inflation which will be reflected to some degree in a rise in equities. Huge risk for opportunity cost by fighting against the market.

And equities remain slightly attractive relative to the disaster that is the bond market.
Monday I got out of my 500 funds and went cash/emerging markets.
 

shiv

John
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Monday I got out of my 500 funds and went cash/emerging markets.
So if we see some deflation and a correction in equities, cash would be the play. But cash could get destroyed by inflation and a rise in equities driven by the money printer.

I am an amateur investor, but I don't think its wise to ever get completely out of US equities.
 

MVTPatriot

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It's really difficult to have an investing discussion, because it seems like very few people understand the difference between investing based on a set of principles versus speculating.

But IMO the play right now is:

Have a majority of your portfolio in broad market stocks and bonds. Weight it something like 60 stocks / 40 bonds

You have no idea how long this thing will run.

If there is a massive correction then slowly start shifting the knob back to heavier stocks. Its how I played the March/April 2020 crash on a macro level.

It's a good way to position yourself to do well no matter what happens

Thanks for your insight. I spoke to my broker's assistant who is pretty knowledgeable herself.

During the fall this spring I really tried to identify opportunities and had some extra cash to take advantage. Nothing huge. Bought my company stock TPX, at 39. Returned to normal levels at $100 and split 4 for 1.

Hoping to do the same here again if we begin to drop dramatically.
 

SoonerMD09

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So if we see some deflation and a correction in equities, cash would be the play. But cash could get destroyed by inflation and a rise in equities driven by the money printer.

I am an amateur investor, but I don't think its wise to ever get completely out of US equities.
I'm not, just the 500. my mid and small cap are still in play
 

Zgdaf

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So did Melvin get out from all of this?
what’s the latest truth on them?
I think they circled the wagons and we will never know unless there are other players like Robin Hood and clearing houses go down.
 

BigBucnNole

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Bitcoin scares me bc the powers that be have no control over it. Who’s to say they won’t clamp down

Institutions, and law for that matter, will always lag technology. You can’t really build a fundamental medium of exchange on something that could be developed out of existence in a couple years. You have to have a tangible paper trail backing up confidence.

What scares me is the fed pushing digital currency.
 

America 1st

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Need something to dump our liquid into where I don't gotta worry about it going up in smoke with the market but that I don't gotta do anything besides check it every couple weeks.

Return % doesn't matter as long as we are around 5% or higher.
 

America 1st

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Look at Long term bonds as a hedge.. This is not investment advice because I usually lose money I invest.
Won't bonds be like 3%?

Can I get in and out of mutual funds or something like that in a day or instantly online (ideally)?
 

America 1st

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Way we are spending money, gold. Call that dude on TV. That or garbage pail kids. They coming back.
How serious would I be taken ordering a couple hundred grand worth of gold?

Is that even possible or would I need to break up the purchases?
 

Chief_Trojan

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ES7_y91XQAUK53H.jpg
 

skramer100

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How serious would I be taken ordering a couple hundred grand worth of gold?

Is that even possible or would I need to break up the purchases?
You could probably do it. My buddy is big into the markets, he's made a lot of money. He is a finance guy that is very high up in a large company in charge of all revenue. Has kept a lot in stocks but is buying a ton of gold to hedge. It's not like gold will crash but it is a solid hedge in times like these.
 

America 1st

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For your situation, you need to go find a financial advisor. Get some recommendations from friends and family and schedule an appointment
Did that and felt worse. Those people are fucking crooks.

I've heard good things about the Russell but obviously have the financial IQ of a potato.
 

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