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School me on investing...

Discussion in 'General' started by noles19, Nov 8, 2017.

  1. cortezmachine

    cortezmachine Banned

    Sucks to suck.
     
  2. SuddenBraking

    SuddenBraking The Iron Price

    Well, talked with the wife this morning and I think we're officially taking a larger cash position.
     
    YamahaRick likes this.
  3. YamahaRick

    YamahaRick Yamaha Two Stroke Czar

  4. Tristan

    Tristan Well-Known Member

    I'm still buying, just a bit more selectively. If nothing else, tying up money in stocks that I need to wait on coming back to life will keep me from just spending the cash...

    As fickle as the market is I can't see liquidating any stocks now, especially at beat-down prices. What if the Russian war ends next week? Unless you NEED that cash soon or have a very specific plan on when/how to reinvest it- it's more of a gamble to me than letting it ride.
     
    SGVRider and Gorilla George like this.
  5. auminer

    auminer Renaissance Redneck

    Dude. You are a CFA, too, IIRC. You oughta know better than that. DXY topped out a couple months ago and is in a tailspin the likes of which I wouldn't care to attempt to plumb.

    There are better options.

    Me, I'd be sorely tempted to go balls deep in PSLV if I had some idle liquidity right now.

    Or hookerz and blow.
     
  6. SuddenBraking

    SuddenBraking The Iron Price

    Well, I've been steadily invested in the HKBL ETF since it was invented.

    And just to be clear, my "going to cash" didn't mean investing in dollar futures and was more "taking money out of the market to sit on the sidelines for a bit, hoping to 'make' 10% by not losing it over the next couple of months".

    And it's Chartered Financial Analyst, not CFA - that's an ethics violation :Poke:
     
    BigBird likes this.
  7. Resident Plarp

    Resident Plarp drittsekkmanufacturing.com

  8. auminer

    auminer Renaissance Redneck


    [​IMG]

    However, given certain contributions to certain persons and (bowel) movements, I doubt that much if anything comes of it.
     
  9. auminer

    auminer Renaissance Redneck

    Sidelines are for bench warmers.

    And f**k an ethics violation... The shit that's been going on... Psssshhhhhhttt.
     
  10. SuddenBraking

    SuddenBraking The Iron Price

    Well, I'm glad that the preclearance didn't come early enough for me to trade out of my DIA position today.

    Tomorrow's news will be telling........
     
  11. auminer

    auminer Renaissance Redneck

    CPI? Nah, bro. Jobs report is the tell.

    Jerome and company gotta get people into the unemployment line before they pivot.

    I just hope that KGBmanbad demands gold for oil. That would actually put me over the tipping point for "don't have to anymore"
     
  12. Venom51

    Venom51 John Deere Equipment Expert - Not really

    Always convenient to be arrested just before you were scheduled to testify before congress. I'm sure the timing of the arrest has nothing to do with that and is purely coincidental. Has someone verified the cameras watching his cell are in working order?
     
  13. ChemGuy

    ChemGuy Harden The F%@# Up!

    Seems like the market likes the CPI news....First time ive seen some much green in a while.
     
  14. Clay

    Clay Well-Known Member

    That little boy and his shared girl should be very worried.
     
    SGVRider likes this.
  15. auminer

    auminer Renaissance Redneck

    Shared girl is a lil FREAK! Some of the crap she had posted on social media was downright terrifying.

    Toe should hit her up...
     
  16. Clay

    Clay Well-Known Member

    Toe is smart enough to stay away knowing he'd be collateral damage and what happens to red shirts!
     
  17. Resident Plarp

    Resident Plarp drittsekkmanufacturing.com

    Maybe not.

    From Reuters:

    U.S. authorities likely moved to prevent Bankman-Fried from testifying in Congress, which could be used by his defense attorneys to claim certain immunities and it often "throws a monkey wrench in prosecutions."
     
  18. Clay

    Clay Well-Known Member

    SBF did not Epstein himself!

    Too soon?
     
    Phl218 likes this.
  19. BigBird

    BigBird blah

    Eight Men Indicted for $114 Million Securities Fraud Scheme Orchestrated Through Social Media

    https://www.justice.gov/opa/pr/eigh...raud-scheme-orchestrated-through-social-media

     
  20. 2blueYam

    2blueYam Track Day Addict

    Glad some pump and dumpers are getting put up on charges. That said, those that rely on twitter and dischord for their financial advice at the very least should validate anything they read through other channels.
     
    BigBird and Banditracer like this.

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