School me on investing...

You need to change your name to AGminer. or AGlover

 

Yep!

Like Peter Schiff... One of these days, I'ma be RIGHT!!!

 

You just love to see it...

 

Will likely drop today if the Senate votes in favor of the CR but $3k has been breached and it will keep going

 

From eToro:

" The setup — Gold

The gold ETF — GLD — continues to chug higher. Shares are up more than 13% so far this year and have rallied more than 37% over the past 12 months.

This easily outperforms the S&P 500, which is down more than 6% so far this year and is up just 6.9% over the past year. Below is a look at physical gold, which is nearing $3,000 an ounce:
graphImg

Chart as of the close on 3/13/2025. Source: eToro ProCharts, courtesy of TradingView.

Ideally, bulls will want to see gold prices stay above the $2,920 to $2,950 zone. On the GLD, that roughly translates about $270 to $272.

If gold moves below those levels, it’s not necessarily the end of the world, but it’s where the trend would start to lose its short-term momentum. Over the long term though, it’s hard to deny that this asset has done quite well.

Options

For options traders, calls or call spreads could be one way to trade GLD on the long side. In these scenarios, options buyers limit their risk to the price paid for the calls or call spreads, while trying to capitalize on a bounce in the stock.

Conversely, investors who expect downside could speculate with puts or put spreads.
"

 

LOL... TA. It's like driving down the road with your windshield blacked out using only your rear view mirror to tell you when to turn. Humans are genetically programmed to find patterns out of chaos, whether they actually exist or not. The only validity, if you could even call it that, of TA is the fact that so many people subscribe to it... So when the Elliot MACD Fibonacci squiggly line crosses Saturn in the seventh house is perceived as a bullish sign, people buy. Which, guess what! Makes the underlying trade go up in value... temporarily.

Fundamentals will always be a gravitational force on the price of everything. They won't be enforced all the time, but they eventually come around.

As for today, green start turning red at the close since no one wants to hold through the weekend news cycle.

 

Just checked my brokerage account and it's been a while.

Holy shit who fucked with the money printing machine?

I thought Trump judged a good portion of the success of his presidency on stock market health?

Put the snile fucktard back in there I guess?

 

Ironically, the money printing machine CAUSED this.

 

The S&P is still up something like 10% year over year. Investors are too soft these days. Buckle up, Buttercup.

 

This is the lesson I have been trying to teach my daughter. Trust the process. It will make you rich.

 

For 18 years now I put approximately 20% of my pay away in combination of 401k and ROTH accounts.

I paid off my house before I turned 40, and we have never had auto loans. I'm 42 now and don't have to work another day in my life if I don't want to. I do want to, but I'm F.I.R.E. ready whenever I want.

 

Yeah! That’s awesome. It really does work. You don’t need to be a rocket surgeon, but you do need to be disciplined.

 

Oh yeah, not going anywhere, just a little stunned with the volatility. You'd think the world was coming to an end.

 

Anyone looking to buy Tesla and at what price?

 

I bought some recently at $229 and probably have enough, but under $200 I certainly couldn't resist loading up

 

Awesome! I started about the same age with an IRA but put in way less than 20% since. Hence my still working at 57... doesn't help having a wife that despite making more than me is far less prepared.

 

Yeah its difficult for me to add because my basis is $190 .... needs to get back under $200 then I will.

 

It's gonna be a minute...



Insert "But Tesla is a {insert bullshit buzzword} company, not an automaker" comment here.

 

It ain't bullshit, but I don't know how the energy storage business is going and not holding my breath for robotaxi or Optimus to start showing profits. Only reasons to buy for me are either a trade to take advantage of the constant volatility or building shares with a LONG horizon.

 

<look away Papa>





In the Mag7 my bet is META... be it 1,5, or 10 years timeline. Bought a couple at $579 3 days ago and will buy any more decent dips