Money & Economics

[MikeLud1]

90% of my pile is in and will likely stay in fixed income 4% - 5%

I just don’t have the stomach or the time left to go through a 2000 or 2008 event and take 5-12 years to recover

If someone is younger or has bigger cajones, it would be different

I have almost enough guaranty income to weather a 2000 or 2008 event so anything from the market is icing on the cake

 

[Chokolinho]

Do you have any open trades right now? I will start shorting oil over 100$.

 

[bigredfish]

Do you have any open trades right now? I will start shorting oil over 100$.

Brent is over $100 today and WTI is heading there touching $96 this morning

 

[Chokolinho]

Brent is over $100 today and WTI is heading there touching $96 this morning

I am trading.

 

[bigredfish]

 

[bigredfish]

 

[bigredfish]

Bessent announces how much money he's going to print, er inject into markets at 11am today...

 

[bigredfish]

 

[johnfitz]

Marcus online is offering 4.3% for 9 month CDs … just sayin and 4.0% for no penalty CDs (same as MM)

I'm a fan of those Marcus no penalty CDs too... I wonder why they even offer them? As you say, it amounts to a MM investment... but with a guaranteed term for the rate.

 

[MikeLud1]

I just bough SCHD and should of held out another minute or 2 and could of filled at $34.22

 

[bigredfish]

I just bough SCHD and should of held out another minute or 2 and could of filled at $34.22
View attachment 248824

I’m getting crushed in it for a 2nd day
Doesn’t make sense

 

[Arjun]

She's an expert in economics
Ask her for advice in this uncertain economy

 

[MikeLud1]

I’m getting crushed in it for a 2nd day

Hopefully it should come back up big, overall I am up $1k with SCHD

 

[MikeLud1]

SCHD is still dropping

 

[bigredfish]

SCHD is still dropping

View attachment 248828

Yeah, tell me

 

[Chokolinho]

SCHD is still dropping

View attachment 248828

Looks very bearisch.

 

[bigredfish]

Its a buy and hold (and dividend play) not a trade, but still it hurts to watch it.

I had set a 5% Trailing stop when I bought the last tranche, that is $33.07

 

[bigredfish]

 

[bigredfish]

This Market makes you want to take up day drinking....

 

[bigredfish]