Enjoy your measly gains lel. Maybe by the time you're 65 your "investments" will pay off and you'll be able to buy a nice moderate two bedroom one story house!
Ryder Rodriguez
HMNY is going to dip on Monday because people are going to assume these new shares are going to get sold off immediately, but they're not. Unironically buy the dip. These large institutional investors are going to get this shit pumped way the fuck up before they sell out.
> 100% stocks - primarily tesla, amazon, and netflix > Taking a 401k loan to buy a nice little entry level house in a gentrified neighborhood > Investing heavily in link as a crypto hedge against fiat Am I gonna make it, bros?
is now a good time to get the fuck out of the market? is the smart money index a meme? I've sold about half of my poorfag fund portfolio - enough to make sure I won't regret a crash. was that a good idea, biz?
William Hall
You should exit the market, Ill be staying all in :)
yes sell bulls all your shares and go hide in the cuck shed
Connor Flores
nope
i dont think were crashing just yet tho. i honestly expect us to continue to more or less stay in this range for a while until the credit risk that is hidden in this market finally becomes too large to ignore.
in the meantime, accumulate commodities. there will be a beartrap for the whole GSCI at some point, then likely one of the biggest commodities bullruns that have ever happened
youre a few steps behind m8. tech needs a correction.
if youre worried about the end, leave some of your speculative plays on, then transfer a large portion of your portfolio to a diverse portfolio of bonds/fixed income securities/ETFs.
i also recommend accumulating commodities to hedge somewhat against inflation, as many of the safer bonds (even the ones advertised as so, like TIPS) do not yield enough to combat inflation
>is the smart money index a meme yes as it has nothing to do w smart money necessarily it does however have a good record of leading major crashes, and this is a very large divergence.
but things arent crashing just yet. i expect at least one or two large-ish VIX spikes before ER season is through, but i dont think were in for it just yet.
but if youre worried, its time to crack open a book and start learning about fixed-income securities. nothing wrong with learning how to play defensively, and with a portion of your port being protected (but still not sitting idle), you can easily still participate in your regular speculation in stocks
Adrian Martin
she not have that low success rate and it not robot >_>
anyways you not really able to trust these things because you will not be able to see when 2 buy
but 2000% profit with 54% win rate is pretty good for stocks
alright guise seeing as there seems to be a lot of shilling for shiny rocks these days, and a lot of anons being suckered into buying them by goldbugs and zerohedge, it might be time to reveal the true golden bull of precious metals.
or should i say the platinum bull.
platinum is a rarer metal than even gold, has more uses in industry, and traditionally has been valued at more than gold. however, while gold and silver have remained aloft in recent years, on the backs of useful idiots being shilled by predatory goldbugs as a way to protect against "the big one" (its not, look at historical data), platinum has no such scammer industry involved in its marketing.
on the contrary, its been shorted heavily for about 3 years now. and many people dont even realize that it is a metal that is regularly traded (as its been nothing but a short position for several years now). as a result, platinum is MUCH more oversold than gold, and even silver (which hasnt had as much luck as gold in being able to hold onto its gains from last run).
the other major factor that makes it a much better trade than gold/silver is the way it trades. while gold and silver move on a % basis similar to bonds (but w out the yield), and are held onto in unfathomable quantities by large banks, platinum is again, much less controlled, and subsequently trades on a % basis that is 3-5x larger than gold or silver.
At first I thought this was a forced meme, but now I'm starting to like it DAB FOR GAINS
Adam Thomas
>At first I thought this was a forced meme its literally just spam not even a meme
also, as user said the other day, a dab for every dollar move is virgin. autistic screeching for every $1k gain is the true chad way
Gavin Jenkins
heres the new shortfloat data on DRUS looks like the recent news of even more contracts is starting to make the bulls win out against the bears trying to hold it down.
i think platinum is set to conservatively double in the next few years. likely much more than that. if metals turn bullish, platinum will be the one where the most gains on a % basis are to be had.
not to mention i found out i can trade PPLT commission free thanks to schwab. i had never noticed it before, but this is likely going to become my new metals play. now that silver has broken its predictable range, its become much harder to call which direction its going. due to the sudden spike in shilling and people holding it, i can only imagine that the next step will be for the precious metals cartel to mug al the commies and libertarians buying it at this level
in terms of gains to be had from precious metals in the coming years, it goes: platinum > silver > gold > palladium imo
well, am pretty sure we hitting 2840 b4 bounce down, but yeah still overall bearish
esp if dollar keeps climbing jeez
> now that silver has broken its predictable range this exactly what am saying they will do to plat push it below 800 somehow ! that seems to be the pattern !
but overall yeah platinum seems like it should be 1300
>this exactly what am saying they will do to plat push it below 800 somehow ! that seems to be the pattern ! sure but unlike gold and silver, platinum is not held in massive quantities by central banks. TPTB do not have nearly as much of a stranglehold on that metal as they do gold and silver.
but like i said, prior to a couple of years ago, platinums price was above gold literally 90% of the time. it is also rarer, and worth more in an industrial sense. this inversion has been uncharacteristically long, and has continued all while gold and silver have been held up, making it around twice as oversold than the alternatives.
the simple fact that no one ever shills platinum on conservative/libertarian radiostations/media outlets makes me think that it is a safer investment in terms of holding onto shiny rocks.
as a shorttime guy, im more just lookng at it, because it ranges in a larger percentage daily on average, and i found out i can trade the PPLT ETF commission free
I'm kind of tired of being a gambling degenerate, so I'm putting together a /comfy/ portfolio I don't have to worry about. What do you think of: Large amount of value dividend stocks Medium amount of growth Some shiny rocks or metals Some commodities (for the moon mission)
I've been toying with this idea for six months or so but have yet to see an attractive entry point. South Africa crashing would cause a platinum demand spike as they're a major producer Mfw
Cleaned my basement and hot tub today; now getting ready to grill. Who else /boomer/ this weekend
I am nervous on Amazon, got a ton in options but if it dips I’m buying more. So basically all in
Andrew White
Bagholder is still on the warpath against Amazon this Thursday, I don't know if I'll join in on his suicide rush. Video relevant youtube.com/watch?v=K5tVbVu9Mkg
then do straddles or strangles on big ER movers if you can get in on low IV. gamble omni-directionally on ER, or not at all
i dont have a position in platinum either rn, but its showing signs of at least a good dead cat bounce rn. all precious metals jumped on friday, and platinum is just more active. im going to wait for it to show support around this 813 resistance before going long. but its definitely going to be the big winner if metals go macro bullish for some reason.
>South Africa crashing would cause a platinum demand spike as they're a major producer i hadnt even thought of that. SA going full zim isnt even out of the question desu
you should leave out the metals if you dont want to speculate. replace those with some fixed income securities that will yield a good amount.
some ones im looking at are >LQD and VCIT for safer junk bonds yielding around 3.5% >PFF an ETF that tracks preferred stock, yields almost 6% >AMLP a diverse basket of oil pipeline REITs yielding 8% (more risky than bonds) >UNIT (since it just wiped out a little) or some other REIT that yields +10% >CWB a convertible bond ETF, yields 4%, seems to be more reactive to moves in the markets, but is still less risky than holding junk bonds
while these may move sluggishly in both directions, if youre looking to play defensively, youd be better off putting your "oh shit" money in some of these (and ideally across a couple of them to manage risk)
as for indexes, it seems the mid to small cap companies have been shielded quite well from the intl FUD these past few months so id look at the russell. the DOW has also been more stable the other indexes this last week
theres a couple different ETF blends that can zone in on growth/value types for each index, so look into it finviz.com/map.ashx?t=etf
and rather than guessing on which commodity moons the most (since you dont seem to unerstand commodities all that well), try USCI for broad commodities exposure
This is good advice, screencapped and saved. Metals/commodities just make up my "are you retarded/plz make me rich section", I still need to fulfill my gambling addiction somehow. For some high yield ETFS i'm looking at YYY or DFE or FDD, all go around 9 to 10%
Luis Brown
nobody pumps their stock before declaring bankruptcy because all sorts of questions get asked and the SEC will intervene
Jacob Martinez
If I do do commodities, I for sure go with an ETF like USCI, you are correct in lack of knowledge in this area kek
AYX is amazing. I wish I had bought more (bought 10 shares when it was $20). I can guarantee you that more and more business are going to be using it. I think it's going to be just like Tableau.
Grayson Flores
this make sure to remind everyone to not gamble on HMNY before the r/s. i know ive been trying to tell everyone
all this press (read: shilling) its been getting has been from desperate/predatory bagholders imo
careful w YYY. that shit has an expense ratio of 2.02%. thats insanity. that leaves its yield somewhere around 6.6%, which is decent, but it seems to be trapped in a downward channel since feb, and is trading at the top of its range currently.
as for investing in euro memes, you might want to zone in and do more research on where specifically youd want to buy into. im pretty sure theres a good amount of the euro markets that are worth less than nothing, so just do your research into which ETFs track what, specifically. and keep an eye on those expense ratios
Cooper Edwards
w YYY i hope not lol 2.02% expense ratio
John Kelly
Yuan devaluation should see a slight bounce this week. Last week was brutal for most Chinese shit. I think it will be green for the week, but Monday could see a little more of a decline.
On a scale of "just logistic issues" to "Enron", what's /smg/s take?
Camden Baker
Another Enron would be nearly impossible. Thanks to SOX, audits are done much more strictly now.
Mason Allen
no dude! trade war am on
china dumping their yawn and pumping dolla for next 6 years
Easton Ross
Fugg, that's a fucking high expense ratio. I'll keep browsing around for some nice stuff, that map you gave me of ETFs is really useful desu I predict you will be b& for this image
Liam King
from an actual scale perspective, i dont think anyone will ever be able to top enron. that company eventually was nothing other than an exit scam. literally telling its employees to double down on stock/stock options till the day they gave em all the boot
TSLA is similar in that all it can seem to produce is debt, but i feel its more from absolute incopetence, and less from a standpoint of maliciousness
yea i watch that ETF map a lot to get a look at where things went for the day. just recently found out it has relative volume too. very useful
Ryder Torres
I have been playing OSU! and listening to audiobooks to pass the weekend time. How have you been passing the time /smg/?
decided im gonna try and swing platinum this week if it continues. now im off to play some vidya since it just started raining outside
Logan Richardson
>smart money index a meme
It collapsed in 2003 or some shit and the bull market continued for 4 more years
Nicholas Flores
Bonds are a meme, the bond market just finished a 30 year bull run and is a massive bubble that will get wiped out as interest rates skyrocket from their 5000 year lows to save the rapidly depleting pension system.
Parker Kelly
On the other hand, if we have a new Enron it's gonna be TSLA
Joseph Evans
im not suggesting holding them till maturity tho. hell im not even tellinng him to buy actual bonds, but more liquid ETFs instead. im just giving him advice on how to stay somewhat exposed to the market, w out sitting cash, and while still getting a yield.
even if bonds are in a macro bear market, they still move infinitely slower than stocks if they go bear. not to mention treasuries and safer fixed income securities tend to soar after a crash, when the FED drops rates once again. they will at least be a much more comfortable bagholding experience than stock imo
Thomas Wilson
Can you imagine the fall out if Elon went full 14/88 on twitter and was forced to resign from Tesla?
Which muni bond fund would you chose? BAB: 4.26% yield, up 30% in 5 years, .28% fees, taxable or HYD: 3.97% yield, up 35% in 5 years, .35% in fees, not taxable I think the better option is HYD because of taxes, right?
check it out i stole some bitches indicator looks bretty gool, doesnt it? im gonna start adjusting it some more to make it more applicable to what i trade
i'm going to regret this look up quantopian - robinhood bridging; I'm working on something for the future of /smg/-hedgefund post in bunker to collaborate (or don't)
