Day traders and active managers dream for this kinda of volatility
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- Thread starter SoapyCy
- Start date
especially great for retail investors who aren’t charged a brokerage fee on each trade.
This is especially great for options traders, they must be making a fortune with this kind of volatility.
I went from 8% cash to 20%. In two weeks. Plan is to buy back my most beat up positions over the next 6-10 weeks. Hopefully at bargain prices. I wont look hard and be too critical of those stocks I sold. Just looking for a buy at the same percentage of savings that I lost in the last week. If it continues down I will be OK. It it is stagnant I am even. If it goes up then I lost money. 10-15 year horizon here. I just left my long term investments. 3/4 of what I sold was still positive gains. Guess I am a bear right now. Recent buys (in the last 12 months) mostly crashed except for OKTA and Jack Henry. OKTA was a tip from an IT friend. Jack Henry does business with a bank I use. I try to invest in something I am at least a bit comfortable with and have experts to ask about the companies. After 1998 and 2008 I have seen this all before.
*as long as they know what they're doing. Retail investors can also do incredible damage to their funds. People like me who are 30 years away from retirement, should already be as long as possible. Stay the course
**I am not a fiduciary. Don't take my advise and do your own research
yeah let me know when we reach bottom. Think I will hold off on funding the 529 plans for a little bit longer.
Yeah no, but I might look at selling my dxd hedge. Probably not tomorrow but soon. Need to let things die down before really getting back in. And Tesla absolutely must be below 300 before I'm buying.
This is a panic. Watch out for the stamped. Have you folks noticed the Treasury Bond market - no Note is trading above 1% interest as money pours into Cash while leaving the Oil & Stock market. West TX Oil is dropping > 20% !!
Lots of opportunity to make some $ by getting in during the panic as this will eventually rebound. Coincidentally I just dumped some $ into my kids 529 accounts last night so will be nice that it buys in low today. I don't day trade as I'm mostly into long term investment funds but it is very tempting right now to put some $ into something right now and ride this out.
Already going in this week to look at refinancing my home with a 15 year fixed down to around 2.8% right now. Will hack some years off my term while saving a bunch in interest. Don't be part of the panic, take advantage of the saving and investment opportunities right now if you can afford it.
Already going in this week to look at refinancing my home with a 15 year fixed down to around 2.8% right now. Will hack some years off my term while saving a bunch in interest. Don't be part of the panic, take advantage of the saving and investment opportunities right now if you can afford it.
tried to get that going Friday afternoon, was on hold for almost an hr and a 1/2, then we got paged for a fire call, so had to just hang up.
will call again tonight.
I am putting 40k from house sale proceeds in this week.
In 2008, I was brave enough to do nothing, but not brave enough to invest any more into the market. Being a skoosh more brave this time.
I think this is just an overdue correction (maybe bear market) triggered by coronavirus, oil price shock, election year... not the apocalypse. But in 5 years time I expect it will be back above where it is now, maybe a lot above.
In 2008, I was brave enough to do nothing, but not brave enough to invest any more into the market. Being a skoosh more brave this time.
I think this is just an overdue correction (maybe bear market) triggered by coronavirus, oil price shock, election year... not the apocalypse. But in 5 years time I expect it will be back above where it is now, maybe a lot above.
How long can they stay solvent? I think your only real risk is if they actually file bankruptcy... If they are sitting on 12 months cash, then should be a buy.
Balance sheets don't matter -- until they do!
Im not buying anything until the US government either comes clean or the baby comes out with the bath water. I only see bad news coming for a quite awhile.