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Still a long way to go, but very happy I didn’t capitulate. You wont be happy long. And your investment strategy is based on Q? How’s that TWTR short Q told you to initiate working out?
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Joined: Mar 2010
Posts: 21,976
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
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lol Where did I say gold was a great investments? Ive stated repeatedly the past two years gold and silver weren't great investments in the market. If there is a big correction I might jump with a low percentage in precious metals The stock market no longer follows fundamental and is heavily manipulated by big banks, insider trading by insiders like Pelosi and of course the fed. I got out of gold and silver in Nov 2020 ( I had less than 10 per cent at the time in portfolio) because of the manipulation and obviously crypto has helped keep down precious metals. Would you advise 67 year old investor to take the same investment strategies and risk as a 37 year old now? who knows if Im right? Certainly better than Jim Cramer stock expert lol ribka,
The way you post at the top of the quotes doesn't allow me to quote you and answer directly. It is a bit awkward how you do that, but that is your style. To answer your inflation question is pretty straight forward. That would benefit equity ownership and hurt cash or debt.
You would think all the promotion by the gold bugs would be having the sun shine on their azz, but it isn't. This should be the perfect storm based on their narrative of debt, inflation, wars, printing of dollars, fiat, etc.... Why isn't gold at $5,000 per oz or more? Maybe because it doesn't really work like they think it does.
Last edited by ribka; 07/27/22.
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Joined: Oct 2002
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Campfire Outfitter
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You didn't say anything about gold and I did not attribute it to you. I put that in my comment like you interjected inflation.
There is much more involved about advising any investor than simply their age. That is only one of many considerations.
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Joined: Mar 2010
Posts: 21,976
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
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You didn't say anything about gold and I did not attribute it to you. I put that in my comment like you interjected inflation.
There is much more involved about advising any investor than simply their age. That is only one of many considerations. Microsoft and google just released their earnings and they missed expectations but their stock prices went up today after the Fed said inflation will keep rising. That's a sign of a strong stable market lol How much is the fed spending a day buying assets? What is it now 380 million?
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Joined: May 2010
Posts: 6,604
Campfire Tracker
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OP
Campfire Tracker
Joined: May 2010
Posts: 6,604 |
Still a long way to go, but the S&P is up 15% from the June low. Happier than ever I didn’t capitulate and try to time the market.
"When the going gets weird, the weird turn pro."
Hunter S. Thompson
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Joined: Sep 2004
Posts: 27,465
Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
Posts: 27,465 |
Still a long way to go, but the S&P is up 15% from the June low. Happier than ever I didn’t capitulate and try to time the market. Glad its on the upswing but wondering how long this run will last.
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Joined: Feb 2013
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Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 16,657 |
I personally see no fundamentals whatsoever... to support enthusiasm.
Good luck to those that disagree with my opinion.
"The Republic Is Lost" November 4, 2020 deflave
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Joined: Mar 2010
Posts: 21,976
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
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I personally see no fundamentals whatsoever... to support enthusiasm.
Good luck to those that disagree with my opinion. all based on speculation. The market has not priced out yet. Still predict at least another 20 per cent drop. Hoping to jump back into real-estate next year
Last edited by ribka; 08/10/22.
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Joined: Aug 2017
Posts: 6,901
Campfire Tracker
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Campfire Tracker
Joined: Aug 2017
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Pretty classic up and down at the start of a recession. By 2023, we'll begin to see the drag downward again. There's some deals right now, there will be more in a few more quarters.
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Joined: Mar 2010
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Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
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The CPI is coming out in 30 min. I see that housing is supposedly up around only 5.6 per cent this year.
Its amazing how they manipulate these numbers.
Everyone go back in the water the shark is gone lol
watch the algorithms from the large traders.
Ill take some short term gains
Last edited by ribka; 08/10/22.
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Joined: Oct 2021
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Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2021
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Group of analysts from UBS and CITI are predicting we’re coming up off of the bottom and that another.75% bump up in rates is very unlikely.
We’ll see soon enough I reckon.
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Joined: Sep 2004
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Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
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Meanwhile the Chinese real estate market is imploding.
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Joined: Sep 2004
Posts: 7,414
Campfire Tracker
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Joined: Sep 2004
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I personally see no fundamentals whatsoever... to support enthusiasm. Irrational exuberance?
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Joined: Feb 2007
Posts: 10,806
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
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another major correction is coming this fall. 30 to 40 per cent
one ok day in the market doesn't matter Interesting. Based on what fundamentals? another major correction is coming this fall. 30 to 40 per cent
one ok day in the market doesn't matter True, but a few ok days in the market are better than attempting to time the market, and missing those days. However, people are free to make their own investment decisions.
Last edited by dale06; 08/10/22.
NRA Patron
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Joined: Mar 2010
Posts: 21,976
Campfire Ranger
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Group of analysts from UBS and CITI are predicting we’re coming up off of the bottom and that another.75% bump up in rates is very unlikely.
We’ll see soon enough I reckon. Irrational ignorance I’ll pick up more energy on drops. Due for a nice rise this winter once dementia jo stops emptying our strategic reserves
Last edited by ribka; 08/10/22.
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Joined: Feb 2013
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Campfire Ranger
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Campfire Ranger
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I personally see no fundamentals whatsoever... to support enthusiasm. Irrational exuberance? Desperation... moreover... I would call it. MANY MANY people/investors have ONLY a "Plan A"... That "Plan A" is to do the one thing they have ALWAYS DONE... i.e. invest in "the market" (Few actually understand "the market" in which they have placed a lifetime of faith/work/HOPE... (admittedly... nor do I understand "the market").) And watch it go up... and down... and gyrate around based on past historical models that say "all is well"... and all will come back. The lack of faith in fundamentals that I no longer have/trust is based on the magnitudes of the LIES in 2021/22 and the sheer hopelessness I see in people... Albeit zombie workers/people with actual trust/honor in nothing... or simply a desperate Prayer that "Plan A" works out, because there is no "Plan B". Again... Good luck to those that disagree with my opinion.
"The Republic Is Lost" November 4, 2020 deflave
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Joined: Mar 2010
Posts: 21,976
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 21,976 |
I bought some tech stocks in June on lows I’m selling soon. Decent returns. Long term now no way another major correction is coming this fall. 30 to 40 per cent
one ok day in the market doesn't matter Interesting. Based on what fundamentals? another major correction is coming this fall. 30 to 40 per cent
one ok day in the market doesn't matter True, but a few ok days in the market are better than attempting to time the market, and missing those days. However, people are free to make their own investment decisions.
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Joined: Oct 2002
Posts: 9,337
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2002
Posts: 9,337 |
I personally see no fundamentals whatsoever... to support enthusiasm. Irrational exuberance? Desperation... moreover... I would call it. MANY MANY people/investors have ONLY a "Plan A"... That "Plan A" is to do the one thing they have ALWAYS DONE... i.e. invest in "the market" (Few actually understand "the market" in which they have placed a lifetime of faith/work/HOPE... (admittedly... nor do I understand "the market").) And watch it go up... and down... and gyrate around based on past historical models that say "all is well"... and all will come back. The lack of faith in fundamentals that I no longer have/trust is based on the magnitudes of the LIES in 2021/22 and the sheer hopelessness I see in people... Albeit zombie workers/people with actual trust/honor in nothing... or simply a desperate Prayer that "Plan A" works out, because there is no "Plan B". Again... Good luck to those that disagree with my opinion. Mr. Market is a manic/depressive. The fundamental guys will know what I am referring to and will take advantage of it.
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Joined: Feb 2013
Posts: 16,657
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 16,657 |
Mr. Market is a manic/depressive. The fundamental guys will know what I am referring to and will take advantage of it. Did I not wish you the best of luck in your pursuits?
"The Republic Is Lost" November 4, 2020 deflave
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Joined: Oct 2002
Posts: 9,337
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2002
Posts: 9,337 |
Mr. Market is a manic/depressive. The fundamental guys will know what I am referring to and will take advantage of it. Did I not wish you the best of luck in your pursuits? What part of my post is in conflict with what you posted?
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