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Originally Posted by jaguartx
Originally Posted by Poconojack
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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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


Originally Posted by Longbob
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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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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Originally Posted by Longbob
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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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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Originally Posted by Poconojack
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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I personally see no fundamentals whatsoever... to support enthusiasm.

Good luck to those that disagree with my opinion.


If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.



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Originally Posted by CashisKing
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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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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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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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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Meanwhile the Chinese real estate market is imploding.

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Originally Posted by CashisKing
I personally see no fundamentals whatsoever... to support enthusiasm.

Irrational exuberance?

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Originally Posted by Longbob
Originally Posted by ribka
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?
Originally Posted by ribka
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.

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Originally Posted by Houston_2
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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Originally Posted by MuskegMan
Originally Posted by CashisKing
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.


If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.



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I bought some tech stocks in June on lows I’m selling soon. Decent returns. Long term now no way


Originally Posted by dale06
Originally Posted by Longbob
Originally Posted by ribka
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?
Originally Posted by ribka
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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Originally Posted by CashisKing
Originally Posted by MuskegMan
Originally Posted by CashisKing
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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Originally Posted by Longbob
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?


If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.



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Originally Posted by CashisKing
Originally Posted by Longbob
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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